Vietnam has pledged tax breaks and other perks to semiconductor companies that help to develop the sector in a Southeast Asian country, according to Japan's Nikkei Asia (asia.nikkei.com).
Representatives of more than 50 US companies will visit Vietnam from March 21-22 to discuss investment and business opportunities under an annual programme hosted by the US-ASEAN Business Council.
Indonesia’s President Joko Widodo has approved a new regulation that offers incentives to businesses investing in its new capital Nusantara, including tax holidays of up to 30 years and 95-year land use permits.
Despite a challenging business environment, many companies have improved employee compensation schemes compared to 2021, according to the Vietnam Best Places to Work survey.
Vietnam prioritises attracting projects in the fields of high technology, innovation, research and development as well as creates favourable conditions for Vietnamese enterprises to promote the digital economy, green economy and circular economy and actively contribute to sustainable development, said Vietnamese Ambassador to France Dinh Toan Thang at a seminar in Paris on October 7.
Four commercial banks signed agreements to provide loans worth a total of 4.66 trillion VND (200 million USD) to 20 companies operating in Ho Chi Minh City-based industrial parks and export processing zones at a meeting connecting banks and businesses held last week.
More than 96 percent out of 1,412 companies located in industrial and export processing zones in Ho Chi Minh City have resumed operations with up to 80 percent of the total number of labourers back to work.
As many as 61 companies have registered to invest in hi-tech agriculture projects on an area of nearly 3,200ha in Ba Ria-Vung Tau province, according to the provincial Department of Agriculture and Rural Development.
The Republic of Korea (RoK)’s Chuncheon Bioindustry Foundation (CBF) has signed a number of cooperation agreements with Vietnamese localities and companies in the field of biotechnology.
Forty two percent of surveyed companies reported that they countered difficulties in applying for business licences in Vietnam, said General Secretary of the Vietnam Chamber of Commerce and Industry (VCCI) Nguyen Quang Vinh.
The pooling of fields to create large-scale fields and cooperatives for growing clean produce in southern Dong Nai province has benefited farmers and companies.
The capital city of Hanoi attracted 860 million USD in foreign direct investment (FDI) in the first five months of 2018, said Director of the municipal Department of Planning and Investment Nguyen Manh Quyen.
Vietnamese shares bounced back on January 18 after the previous day’s sharp fall sent stocks down to attractive prices, thus triggering investors to bottom-fish.
Finnish companies will continue to invest in the development of Southeast Asia, including Vietnam, particularly in the conversion of waste to power, according to Finpro, the national trade promotion office of Finland.
An additional 22,972 new enterprises were established in HCM City in the first seven months of the year with a combined registered capital of 297 trillion VND (13 billion USD).
The People’s Committee of HCM City’s District 5 plans to transform more than 1,200 household businesses into companies every year from now until 2020, a local official said.
Four Vietnamese companies will exhibit their products at Food & Hotel Asia 2016, a leading international food, beverage and hospitality exhibition to be held in Singapore in April.
