Vietnam, US look to balance trade Business

Vietnam, US look to balance trade

With huge potential for comprehensive cooperation, Vietnam and the US are boosting two-way trade in a more balanced manner to ensure sustainable development, experts have said.
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.
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.
Workshop seeks to promote efficiency in FDI attraction Business

Workshop seeks to promote efficiency in FDI attraction

Measures to improve FDI attraction, bolster the competitiveness of Vietnamese enterprises, and make the local investment environment more transparent were discussed at a workshop held by State Audit of Vietnam (SAV) in Hanoi on June 9.
IZs, EZs attract 4.3 billion USD in January-May Business

IZs, EZs attract 4.3 billion USD in January-May

Industrial zones (IZs) and economic zones (EZs) attracted 390 foreign-invested projects with a total registered capital of 4.3 billion USD in the first five months of this year, according to the latest updates of the Ministry of Planning and Investment.
Prospects of listed industrial parks Business

Prospects of listed industrial parks

Many industrial zone enterprises have taken precaution when giving business plans for 2020 as concerns about foreign direct investment promotion will slow down due to the impacts of the COVID-19 pandemic.
IZs development needs planning to attract FDI Business

IZs development needs planning to attract FDI

The development of industrial zones (IZs) needs a comprehensive plan to capture the transition of the foreign direct investment (FDI) inflow spurred by trade wars and the COVID-19 pandemic in which Vietnam has significant opportunities to become the next global factory.
New firms up 36 percent in May Business

New firms up 36 percent in May

A total of 10,728 new firms were established in May with total registered capital of 112.7 trillion VND (4.83 billion USD), up 36.1 percent in number and 20.1 percent in capital from the previous month, according to the General Office of Statistics (GSO).
Nghe An effectively draws projects Business

Nghe An effectively draws projects

The central province of Nghe An is striving to effectively draw investment projects, thus increasing budget collection, creating jobs and improving workers’ income.