Presenting the draft revised Bidding Law, Minister of Finance Ngo Van Tuan said the draft, comprising eight chapters and 60 articles, aims to simplify procedures, shorten project implementation time, strengthen decentralisation and delegation of authority, improve the effectiveness of State management, and handle violations and resolve petitions in bidding activities.
Between 14,000 and 16,000 foreigners have bought housing in Vietnam since July 2015, mostly from China, the Republic of Korea, Japan, Taiwan (China), and Singapore, the Ho Chi Minh City Real Estate Association (HoREA) estimates.
For many households doing business in the traditional way for a long time, investing more in technology and making accounting books are what they do not want.
The inflow of foreign direct investment (FDI) has helped Vietnam access advanced technology in the world, said Director of the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment Do Nhat Hoang.
The Department of Planning and Investment of Gia Lai province has decided to withdraw the investment licence of la Krel Hydropower Plant due to violations of the Investment Law.
There is anticipation that automobile prices in Vietnam will decrease by 10-15 percent in the case of older models and 5-10 percent in the case of new models as automobile import tariffs are cut.
Observing commitments to promoting human rights is an important part of Vietnam’s efforts and also an important achievement of the country in ensuring human rights.
The Myanmar Investment Committee (MIC) has recently announced 10 areas which will be prioritised for local and foreign investment, reported Myanmar News Agency.
With a 91.08 percent approval, the 14th National Assembly passed a resolution on piloting the issuance of e-visa for foreigners at the second session’s sitting on November 22.
With an extensive reform spirit, the Law on Enterprises and the Investment Law, which took effect on July 1, 2015, have breathed new life into the country’s business environment.
Myanmar’s House of Nationalities (Upper House) on October 5 approved the new investment bill after it was passed by the House of Representatives (Lower House) last month.
Mac Quoc Anh, Secretary General of the Hanoi Association for Small and Medium Enterprises, spoke to the newspaper Kinh te & Do thi (Economic and Urban Affairs) about changes to the investment law.
The completion of institutions, not socio-economic issues as usual, was the first issue to be discussed at the Cabinet’s regular meeting which was opened in Hanoi on June 1.
There is a need to have more preferential policies for small-and medium-sized enterprises (SMEs) to help them grow as a core force of the local economy.
Foreign investors who buy shares in or contribute capital to economic organisations won't have to deal with procedures involved in investment certification.
