New regulations on investment abroad Business

New regulations on investment abroad

Investors in overseas projects are allowed to transfer abroad an amount of foreign currencies not more than 5 percent of their total capital contribution to the venture, and not more than 300,000 USD,
Citizens to supervise investment projects Business

Citizens to supervise investment projects

Citizens will have the right to supervise investment projects at grassroots level through Community Boards of Investment Supervision from October 20, according to the Government's new decree on invest
SCIC to offload Constrexim stocks Business

SCIC to offload Constrexim stocks

The State Capital and Investment Corporation will sell all 11.7 million shares it held in the Vietnam Investment Construction and Trading Joint Stock Company.
Foreign funds move into property market Business

Foreign funds move into property market

Many foreign investors are now focusing on the property market in Vietnam, driven by its long-term investment potential and the country's drastic move in revamping its policies.
Vietnam expects accelerating economic growth Business

Vietnam expects accelerating economic growth

Vietnam expects a GDP growth of 6.53 percent this year and 6.7 percent in 2016 as efforts to cope with recent drastic fluctuations have created a solid foundation for its economy, an official said.
Vietnam seeks aviation investment Business

Vietnam seeks aviation investment

Vietnam is creating a framework to stimulate private investments in the aviation industry, as public-private partnerships for development of this sector has become a trend in the region.