Tags: foreign firms

Vietnam Foodexpo helps boost trade cooperation with foreign firms

Vietnam Foodexpo helps boost trade cooperation with foreign firms

The Vietnam International Food Industry Exhibition 2019 (Vietnam Foodexpo 2019) opened at Saigon Exhibition and Convention Centre in Ho Chi Minh City on November 13, drawing the participation of more than 450 domestic and foreign enterprises from 23 countries and territories worldwide.

Vietnam vows to collect tax from cross-border services

Vietnam vows to collect tax from cross-border services

The collection of tax from cross-border services, or services provided by foreign firms via internet to users in Vietnam, is included in the amended Tax Management Tax, expected to take effect in early 2020.

Deputy PM: Vietnam considers foreign firms part of its economy

Deputy PM: Vietnam considers foreign firms part of its economy

Vietnam has always and will continue to consider foreign-invested enterprises as part of its economy, Deputy Prime Minister Vuong Dinh Hue told head of SME Business Switzerland at Credit Suisse Andreas Gerber during a reception in Hanoi on November 5.

Foreign firms shift to Vietnam due to US-China trade war

Foreign firms shift to Vietnam due to US-China trade war

Yokowo and Zhejiang Hailide New Material’s plan to relocate their factories from China to Vietnam shows that Vietnam will be one of the leading destinations for investors operating in China due to the impact of the US-China trade war.

Foreign firms eye Vietnam’s energy industry

Foreign firms eye Vietnam’s energy industry

Vietnam has emerged in SE Asia as an important energy, natural oil and gas producer. Ranked fifth in the region in oil & gas production and oil reserves, Vietnam has discovered 100 potential oil fields with estimated total reserves of 643 million tons of oil and 644 billion cubic meters of gas.

Foreign firms buy into online retail

Foreign firms buy into online retail

Foreign companies are increasingly jockeying for position in Vietnam’s promising online retail market by pouring capital into local companies.

More administrative procedures cut to support foreign firms

More administrative procedures cut to support foreign firms

More than 5,000 administrative procedures as well as business conditions and specialised inspection procedures have been removed to facilitate European small and medium enterprises’ operation in Vietnam, said Minister, Chairman of the Government’s Office Mai Tien Dung.

Foreign firms dominate VN electronics

Foreign firms dominate VN electronics

Although Vietnam is the world’s 12th largest exporter of electronics and the third largest in ASEAN since 2015, up to 95 percent of the country’s electronics output comes from foreign-owned enterprises instead of domestic ones, the Central Institute for Economic Management (CIEM) has announced.

Foreign firms push consumer lending

Foreign firms push consumer lending

Consumer lending in Vietnam has prospered in recent years thanks, in large part, to the lending expertise of foreign firms, which has helped to propel the sector closer to its full potential.

Liberation Day thoughts

Liberation Day thoughts

In commemoration of Liberation Day on April 30, VIR spoke with leaders of foreign firms in Vietnam about Ho Chi Minh City’s 42-year development, and its attractiveness to foreign investment as the country’s regional economic and financial hub.

Tax code bogs down Vietnam's cement exporters

Tax code bogs down Vietnam's cement exporters

Local cement producers worry that their exported products could struggle to compete with foreign firms in term of price, a concern voiced at an online forum held in Hanoi on February 22.