Vietnam - The leadng destination for the new FDI inflows Business

Vietnam - The leadng destination for the new FDI inflows

Until March 2020, Vietnam has attracted 31.665 FDI projects with registered capital of 370,1 billion USD and implemented capital of 215,6 billion USD. Regarding FDI capital in the localities, Ho Chi Minh city 4,5 billion; Hanoi 34,64 billion USD (accounting for 9,4%) and Binh Duong province 34,61 billion USD.
Enhance the role of state audit in attracting FDI Business

Enhance the role of state audit in attracting FDI

After 33 years of attracting foreign direct investment (FDI) into Vietnam, besides the positive aspects, FDI still has negative issues. It is still common for FDI enterprises to declare and report losses for many reasons, but especially the behavior of “transfer pricing” must be mentioned.
Untie bottlenecks to develop clean energy sources Business

Untie bottlenecks to develop clean energy sources

To promote the development of renewable energy, there should be a prioritised policy mechanism on electricity prices and loan interest rates, according to Dr. Nguyen Manh Hien, President of the Scientific Council at the Vietnam Clean Energy Association.
New role of State Audit in attracting new-generation FDI  ​ Business

New role of State Audit in attracting new-generation FDI ​

The State Audit of Vietnam (SAV), through its regular auditing activities, has discovered many violations of law by foreign-invested enterprises in various fields such as environmental protection, land use, and transfer pricing, said Deputy Auditor General Doan Xuan Tien.
Enterprises boost production, recover post-COVID-19 Business

Enterprises boost production, recover post-COVID-19

Following the first five months of 2020, Vietnam enjoyed a trade surplus of 1.88 billion USD. Of that figure, foreign direct investment firms accounted for 10.52 billion USD while domestic firms accounted for 8.64 billion USD.
FDI enterprises in Vinh Phuc active in fighting Covid-19 Society

FDI enterprises in Vinh Phuc active in fighting Covid-19

Amidst the complicated developments of the acute respiratory disease caused by novel coronavirus, many foreign-invested enterprises in Vinh Phuc province, where 11 out of 16 Covid-19 cases in Vietnam have been confirmed, have taken measures to curb the virus spread, ensuring labourers’ health.