The Vietnam Association of Foreign Invested Enterprises (VAFIE) has suggested the development of casino services as a means of economic recovery, in a document submitted to the Government.
VOV.VN - Despite foreign direct investment (FDI) shown signs of a slowdown as a result of the negative impact of the novel coronavirus (COVID-19), experts believe that the nation will be able to welcome an array of fresh dual investment after the pandemic.
The landmark Comprehensive and Progressive Agreement for Trans-Pacific Partnership has been in force for more than a year now, influencing the trade activities of member economies.
VOV.VN - Vietnamese small and medium-sized enterprises must overcome such inadequacies as outdated technologies, a lack of experience in working with foreign businesses and high-skilled workers, and poor management in order to engage in the global supply chain, according to insiders.
VOV.VN - Vietnam now has some US$300 billion in foreign direct investment undisbursed; of which US$200 billion finds itself in a hopeless deadlock, a senior expert has said.
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?
The national conference on 30 years of FDI attraction in Vietnam will take place on Thursday, October 4, 2018 at the National Conference Centre (NCC) in Hanoi.
A trend of steady rises in mergers and acquisitions continues to brighten up Vietnam’s foreign investment picture in the first seven months of 2018, affirming it as one of the most effective investment channels for the high-potential market.
This year marks 30 years since foreign direct investment (FDI) first entered Vietnam. Since then, FDI has contributed to the country’s socio – economic development by boosting exports, enriching the State budget and shifting the economic structure.
A total of 1,285 deals were made by foreign investors to contribute capital to and buy shares of Vietnamese businesses with total capital of US$1.89 billion in the first quarter of this year, up 121.6% against the same period last year.
Although FDI has played an important role in boosting Vietnam’s economic growth, recent changes in policies and regulations, which are not consistent with international best practices, have exposed many foreign investors to considerable risks and obstacles in executing their investments.
Amid complaints about foreign firms receiving more government incentives unfairly and overshadowing domestic peers, experts claim that all Vietnamese policies are equal for domestic and foreign enterprises.
As local salaries rise and global trends shift, Vietnam is drafting a new foreign direct investment attraction strategy for the upcoming years, with a focus on some prioritised sectors to bring added value to the economy.
Representatives from Toray International-one of Japan’s largest producers of clothing items-are expected to come to Vietnam next month to work with authorities of Quang Ninh province on a major plant in the province, also its first in Vietnam.
Adjusting preferential policies for investment projects according to development plans in different areas is essential to attract more foreign direct investment (FDI), Chairman of the Vietnam Association of Foreign Invested Enterprises Nguyen Mai said at October 17 seminar in Hanoi.
Unresolved issues in Vietnam’s regulations and the business environment have resulted in relatively low FDI inflows from US and European multinational companies, experts say.
The high ‘fear-of-failure’ is a challenge that affects entrepreneurs in Vietnam, despite the efforts by the government to improve the business environment.
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.
The question of how to raise assorted investment sources in Vietnam for national economic development has dominated the agenda of many economic forums.
Senior economist Nguyen Mai has a look at the international standing before and after US President Donald Trump took office and shares his views on what Vietnam should do to capitalise on the new situation.