Workshop reviews Vietnam’s growth model reform Business

Workshop reviews Vietnam’s growth model reform

Vietnam’s economic restructuring and growth model reform in 2016-2020 have been benefiting from positive changes in policies and achievements in the 2011-2015 period, according to economist Nguyen Dinh Cung.
Vietnam’s textile export value up almost 7 pct in eight months Business

Vietnam’s textile export value up almost 7 pct in eight months

The Vietnam Textile and Apparel Association (VITAS) said the total export value of textiles, fiber, and cloth reached 25.7 billion USD in the first eight months of the year, up 8.6 percent year on year, including 60.6 percent from foreign direct investment (FDI) enterprises.
2018 PCI: small-scale FDI firms on the rise Business

2018 PCI: small-scale FDI firms on the rise

The number of small-scale FDI firms are on the rise, with the proportion of those with capital of less than 5 billion VND (214,831 USD) increasing to 37.7 percent in 2018 from 29.6 percent in 2015.
 SMEs urged to join value chains Business

SMEs urged to join value chains

Better supplier-buyer relations with multinationals located in Vietnam would help small- and medium-sized enterprises (SMEs) gain access to electronics global value chains, experts have said.
PM tells authorities to investigate tax evasion Business

PM tells authorities to investigate tax evasion

Prime Minister Nguyen Xuan Phuc has assigned the Ministry of Finance (MOF) and General Department of Taxation (GDT) to study media reports on transfer pricing of foreign direct investment (FDI) enterprises and tax policy.
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.
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.