Some major projects boosting their operations have contributed to the Vietnamese economy’s seven-month industrial growth, which is expected to continue its uptrend until the end of the year.
The local business environment has not witnessed strong reforms although the Government has made efforts to improve the same over the past years, according to experts.
While National Assembly’s deputies believe that allocating land for up to 99 years in special economic zones (SEZs) is not a good policy, the Ministry of Planning and Investment (MPI) still persists in its opinion, saying that this would be an outstanding preference to attract investors to SEZs.
Local authorities have proposed adding tens of golf course projects to the program on golf course development, a move many economists oppose.
A Ministry of Planning and Investment (MPI) report has found that most domestic logistics firms are small or very small with limited financial capability.
The draft Law on Special Administrative-Economic Zones (SAEZs), scheduled for adoption in early next month, reflects Vietnam’s sharp change in mindset in investment attraction, with incentives expected to help lure in investment and boost the country's economic development.
The Ministry of Planning and Investment (MPI) has asked centrally-run cities and provinces to promptly submit their reports on the implementation and disbursement of public investment in 2018.
Private businesses can borrow capital from official development assistance (ODA) and preferential loans from foreign donors.
The Ministry of Planning and Investment (MPI) has proposed building a draft law on investment in public-private partnership (PPP) models, including BOT (build-operate-transfer) form, which is expected to become a legal foundation for all PPP investment activities.
Total investment capital from the State budget was estimated at more than VND29 trillion (US$1.27 billion) in the first two months of 2018, equivalent to 8.6% of the yearly plan.
VOV.VN - More than 18,700 new firms were set up in the first two months of this year with a total registered capital of VND197,300 billion, up 29.4% in number and 29.3% in capital value against the same period last year, according to the Ministry of Planning and Investment (MPI).
To improve openness and transparency, the Ministry of Planning and Investment (MPI) has asked contractors to make their bids accessible to the public on the National Procurement Network (NPN).
Once the casino project under Laguna Lang Co integrated complex is approved, the investor plans to develop and take the casino into operation by 2021 with 500 electronic gaming machines and 50 card shufflers. These figures will increase four times by 2029.
The Ministry of Natural Resources and Environment has proposed the Government to shift one conditional business line, eliminate 36 business investment conditions and amend 15 conditions required for individuals and enterprises, accounting for 44.78% of business conditions under the management of this ministry.
Creating encouraging polices and a clear legal system is crucial to attracting investment to innovative start-ups, according to a Ministry of Planning and Investment (MPI) official.
Vietnam’s enterprises feel positive about the business climate for the fourth quarter, according to the General Statistics Office (GSO) under the Ministry of Planning and Investment.
The Department for Economic Zones Management of the Ministry of Planning and Investment is in the process of completing the draft Law on Special Administrative-Economic Units, with adjustments being made in terms of local operations, organisation, administration and foreign investment incentives.
The Ministry of Planning and Investment (MPI) is in the process of constructing a new resolution on artels, a kind of economic co-operative, nationwide, in which these units would receive their own registration number and be treated as normal businesses.
The Ministry of Planning and Investment (MPI) has proposed major incentives including prolonged income tax exemptions for businesses and individuals working in special economic zones in three provinces.
The Government has instructed the southern province of Dong Nai to coordinate with relevant agencies to do a feasibility study for acquiring land for the construction of Long Thanh airport and paying their owners compensation.