VOV.VN - With tax incentives given, new-generation Free Trade Agreements (FTAs) Vietnam has signed are expected to open up a wealth of opportunities for the garment and textile industry to attract foreign direct investment (FDI) to develop local supply chains, according to insiders.
More than 1,000 projects will call for investment at the second Vietnam Industrial Real Estate Forum scheduled for June 19 in Hanoi.
VOV.VN - The majority of strikes taken by workers at foreign-invested firms have largely been caused by disputes relating to a delay in the payment of salary and bonuses, and the working environment.
Vietnamese enterprises need more opportunities to get technology transfers from foreign investment activities and join ventures with foreign partners for sustainable development of the domestic industry.
Hanoi’s Department of Industry and Trade expects foreign direct investment (FDI) firms will team up to develop key industrial products to benefit socio-economic development.
A national symposium was held in Ho Chi Minh City on May 9 to discuss the current impacts of the Fourth Industrial Revolution (Industry 4.0) on labour relations and work quality in foreign-invested enterprises in Vietnam.
A survey by the General Statistics Office, Vietnam had nearly 518,000 enterprises by Jan 1, 2017. SMEs reported the highest expansion in number while FDI firms attracted the greatest deal of workers.
The Prime Minister’s approval of a proposal on Vietnam’s smart city development to 2025 with a vision to 2030 will strongly affect the market and form a smart property trend, held experts at a conference in Ho Chi Minh City on August 11.
A majority of foreign-invested firms in the southern province of Binh Duong asked for workers’ overtime maximum to be increased to raise production efficiency while meeting with the local administration on July 30.
Very few domestic firms in support industries supply parts for FDI enterprises in the electronics industry, according to Nguyen Mai, President of the Vietnam Association of Foreign Invested Enterprises (VAFIE).
National Assembly (NA) deputies on June 5 questioned Minister of Labour, Invalids and Social Affairs (MoLISA) Dao Ngoc Dung about the management and protection of labourers who freely go to bordering countries to work and those who work in foreign direct investment (FDI) enterprises.
As many as 40 percent of foreign direct investment (FDI) enterprises choose to use commercial arbitration in cases of disputes, rather than going to court, said Phan Trong Dat, Deputy Secretary General of the Vietnam International Arbitration Centre (VIAC).
Increasing the value of domestic production and promoting the automobile supporting industry must not depend on foreign direct investment (FDI) firms.
Hanoi has set a target of 7.5%-8% in export growth in 2018 as compared to last year, which requires stronger efforts from both the industry-trade sector and businesses.
Foreign direct investment (FDI) firms operating in Vietnam highly evaluated the reform efforts the government, ministries, sectors and localities have made to create a more favourable and healthier business climate, experts have said.
Vietnam’s import-export revenue has increased four-fold in the past decade after joining the WTO, the General Department of Customs reports.
Linking small and medium-sized enterprises (SME) and selecting some of them to join the supply chain for FDI firms to boost support industry is among ideas to promote the role of SMEs in the industry’s growth that was given in a recent conference in Ho Chi Minh City.
Listed firms remain reluctant to lift their foreign ownership limit for fear that they will be treated as a non-Vietnamese entity.
The Vietnamese Government and State agencies aim to create favorable conditions for foreign investors, including those from the Republic of Korea (RoK) to operate in Vietnam, said Deputy Minister of Industry and Trade Tran Quoc Khanh.