FDI firms expand local textile-garment sector to maximise on CPTPP Business

FDI firms expand local textile-garment sector to maximise on CPTPP

Vietnam has become increasingly appealing to large foreign investor groups in the textile and garment industry who want to seize opportunities before the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) takes effect in January next year, according to analysts.
FDI firms in south gear up for CPTPP Business

FDI firms in south gear up for CPTPP

Foreign-invested companies in the southern region are speeding up investments and preparing for opportunities as Vietnam is poised to join the Comprehensive and Progressive Agreement for Tran-Pacific Partnership (CPTPP).
Domestic firms surpass FDI sector in export growth Business

Domestic firms surpass FDI sector in export growth

Domestic businesses recorded a 19.9-percent rise in their exports over the first half of 2018, higher than the export growth rate among FDI firms of 14.5 percent, according to the Ministry of Industry and Trade (MoIT).
Measures sought to improve human resources in FDI firms Business

Measures sought to improve human resources in FDI firms

Measures to improve the quality and working efficiency of employees working in foreign direct investment (FDI) enterprises in line with Vietnam’s foreign investment attraction orientation were discussed at a seminar in Hanoi on June 19.
HCM City ranks first in FDI attraction in five months Business

HCM City ranks first in FDI attraction in five months

Ho Chi Minh City was the most attractive destination in FDI attraction in the first five months of this year, with 2.39 billion USD, or 24.2 percent of total investment in the period, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
FDI firms prefer commercial dispute arbitration Business

FDI firms prefer commercial dispute arbitration

As many as 40 percent of FDI enterprises choose to use commercial arbitration in cases of disputes, rather than going to court, said Phan Trong Dat, Deputy Secretary General of the Vietnam International Arbitration Centre.