Despite Vietnam’s restrictions on direct drug distribution by international pharmaceutical companies, more foreign-invested enterprises are seeking opportunities in the lucrative local market.
Vietnamese enterprises are finding it hard to improve production value since they remain dependent on imported materials.
Heavy reliance on FDI (foreign direct investment) and high national debts are the two biggest concerns for Vietnam’s economy, experts say.
Analysts estimate that foreign invested enterprises (FIEs) now hold 80% of the animal feed market share, while Vietnamese enterprises only have 20%.
Vietnam expects a bright export picture for 2018, driven by the key export items of phones and electronic components, textiles and garment and footwear, as well as a growing trade surplus despite protectionist measures coming into effect across the globe.
As large-scale state-owned enterprises (SOEs) in Vietnam are performing poorly, the establishment of a ministry-level commission for managing state capital at SOEs is expected to help them improve operational effectiveness tremendously.
With Industry 4.0 on the rise, Vietnam is looking to change its strategy for attracting foreign direct investment to become more selective, with a focus laid on high-technologies. But how can the country reach this goal?
One of the deepest hopes clinging to foreign direct investment (FDI) is the transfer of technology to domestic firms with which the national economy expects to enhance its technological strength.
Vietnam has become an important production base where valuable industrial products such as mobile phones and tablets are made. However, Vietnamese enterprises still cannot find positions in global supply chains.
For the first time, foreign invested enterprises’ revenue and specific contributions to Vietnam’s state budget have been revealed, with the electronics and garment-textile industries being their biggest earners.
The changes in tax policy and investment incentives are the issues of greatest concern for foreign investors in Vietnam, said Bui Ngoc Tuan, Deputy General Director of the Audit and Advisory firm Deloitte Vietnam at a workshop on in Hanoi on July 10.
The foreign direct investment (FDI) picture in the first half of 2018 has kept the black spot of technology transfer despite capital inflows increasing against last year.
Amidst growing demand for qualified manpower among domestic and foreign-invested enterprises (FIEs), technology applications in human resources training are predicted to become a popular trend in Vietnam ahead of the enforcement of the Comprehensive and Progressive Pacific Partnership (CPTPP).
Quang Ninh, for the first time ever, became the most competitive locality in the country, topping the Vietnam’s Provincial Competitiveness Index (PCI) 2017.
VOV.VN - Vietnam’s export turnover has seen spectacular growth over the past 11 months considering the nation’s adjustment for the reduction in natural resource exports.
The General Statistics Office (GSO) has announced there was an excess of exports over imports of US$2.8 billion in the first 11 months of the year. However, this was overshadowed by the fact that most of the reports came from FIEs, while domestic enterprise contributions were modest.
The high number of imports of input materials and exports of finished products by foreign invested enterprises (FIEs) has led to an increased growth rate for the seafood industry.
Labor experts have issued warnings about the sacking of workers over 35 years old, especially at foreign invested enterprises (FIEs).
Although Vietnam’s business community has been the backbone of the country’s market-based economy over the past decades, it has experienced its share of ups and downs.
Many electronics and engineering companies have become first-class suppliers for foreign-invested enterprises (FIEs) in Vietnam.
