Vietnam might, for the first time, allow 100 per cent foreign-invested firms in three logistics service areas, paving the way for an influx of foreign investment capital in the sector.
In the face of regulatory changes regarding transfer pricing in Vietnam, multinational corporations from the Republic of Korea are proactively preparing to ensure compliance with the new tax law.
A high credit growth target of 21 per cent could be achieved this year, but with it come risks on credit quality and the potential for unevenly distributed loans, privileging large private firms instead of smaller ones.
Kido Frozen Foods, a KIDO Corporation subsidiary, has been approved by Vietnam Security Depository (VSD) to debut 56 million shares on the Hanoi Stock Exchange (HNX)’s UpCom trading platform under the code KDF, according to information published on VSD’s website.
Though global trade growth is on the wane and protectionism walls are up in some areas, Vietnam is still in good position to overcome the trade slowdown, with potential to further boost manufacturing and room to grow the services sector.
By playing their own rules, international social networks like Facebook or Youtube not only make it difficult for Vietnamese state agencies to dispense their tasks of administrative management, but they also cause Vietnamese enterprises endless misery with fake or misleading content.
Since the National Assembly's Resolution No.42/2017/QH14 on the pilot settlement of bad debts of credit institutions was enacted, credit institutions are more aggressive in resolving bad debts by foreclosing on collaterals.
The milk tea market is heating up day by day as a number of foreign giants have been opening franchise stores in Vietnam, reviving the trend that once hyped up the beverage market.
As Vietnam targets to have at least one million enterprises by 2020, it is forecasted that the increasing number of enterprises in the private sector will lead to a higher demand for labour.
Dow Chemical Company, a subsidiary of DowDuPont (NYSE:DWDP) has kicked off its fifth annual Leadership in Action (LIA) programme in Vietnam.