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The wary balance of the market-based economy

The wary balance of the market-based economy

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.

Pharma FIEs allowed to trade

Pharma FIEs allowed to trade

Eight years after the phase-in schedule for the relevant WTO commitments, Vietnam is, for the first time, setting forth a legal framework for foreign invested enterprises to trade in pharmaceuticals and pharmaceutical ingredients to fulfill its WTO commitments.

Can ENT barrier bar foreign retailers?

Can ENT barrier bar foreign retailers?

Vietnamese retailers have been reassured that the regulation on ENT (economic needs test) would serve as a barrier that prevents foreign retailers from expanding in Vietnam and protecting local retailers. However, analysts don’t think this will work.

What can Vietnam expect from Toyota’s localization program?

What can Vietnam expect from Toyota’s localization program?

Experts said that Vietnam can take full advantage of Japanese auto manufacturers’ support and Vietnamese businesses could, as a result, become second-class car part suppliers to Toyota and other foreign-invested enterprises (FIEs).

MOF slashes auto part import tariffs to protect local production

Citing local production protection, the Ministry of Finance (MOF) wants to ease the import tariffs on automobile parts. However, the move could 'fatten’ foreign invested enterprises (FIEs) only, while local manufacturers will not see benefits.

Vietnam economy sees positive signs

Vietnam economy sees positive signs

(VOV) -Vietnam has been highly successful at mobilizing inward Foreign Direct Investment (FDI) over the past few years, which has played an important role in the nation’s economic development.

New Year interview with Industry and Trade Minister

New Year interview with Industry and Trade Minister

(VOV) -Vietnam has been highly successful at mobilizing inward foreign direct investment (FDI) over the past few years, which has played an important role in the nation’s economic development.

Exports soar to new heights as growth accelerates

Exports soar to new heights as growth accelerates

(VOV) - Government data estimated Vietnam’s gross domestic product grew a spectacular 5.98% for 2014 faster than the year 2013 expansion rate of 5.42% and higher than the government’s growth target of 5.80%.

Tourist realty lures US$1.8bln in Danang

Tourist real estate remains a favourite investment magnet in this central city, attracting 25 foreign direct investment (FDI) projects worth US$1.8 billion.

VSIP Quang Ngai gearing up

VSIP Quang Ngai gearing up

(VOV) - The Vietnam-Singapore Industrial Park (VSIP) in Quang Ngai has attracted seven foreign-invested enterprises (FIEs) since it officially opened in September 2013.

Singapore leads foreign investment in HCM City

Singapore leads foreign investment in HCM City

(VOV) - Singaporean companies are very pro-investment in Vietnam and have emerged the prominent leader among foreign companies investing in HCM City in the early months of 2014.