Economic insights

Foreigners allowed to own 49% of commodity exchange

22 May 2018
Foreign investors will be allowed to contribute capital to establish commodity exchange in Viet Nam as per Decree No. 51/2018/ND-CP, which will be effective from June 1, 2018.

VN boosts protection of intellectual property rights

22 May 2018
Viet Nam will continue to ensure enforcement of intellectual property rights violations and strictly deal with violators, representatives of the Market Surveillance Agency (MSA) under the Ministry of Industry and Trade said at a forum on raising IPR awareness held yesterday in HCM City.

SMEs’ access to credit: Better, but not enough

22 May 2018
  Figure 1: Overall scores for Access to Finance. Source: Economic Research Institute for ASEAN and East Asia (2015)

Ministry tightens management of transport businesses

2 April 2018
The Ministry of Transport (MoT) and the General Department of Vietnam Roads are currently planning amendments to Decree 86 issued in 2014, focusing on business condition reviews for transport firms.

E-commerce grows but taxes hard to collect

2 April 2018
Experts have recommended amending e-commerce regulations that would allow authorities to better manage and collect tax as well as develop the sector. Mach Thi Tuyet Mai from the General Department of Taxation’s policy division, said: “We have encountered difficulties in tax collection.”

Resolution 19: improving business environment but a long way to go

2 April 2018
Today’s international conference on improving the business environment to strengthen economic growth showed remarkable outcomes over the past years of implementing Resolution No.19/NQ-CP on improving the business environment and enhancing national competitiveness, but many difficulties remain. Strengthening economic growth

Amazon to set foot in Vietnamese e-commerce market

13 March 2018
On March 14, the representative of Amazon will announce the detailed strategy of the American giant in Vietnam.

Foreign investors suggest improvements to Vietnamese taxation policy

19 December 2017
In the framework of Vietnam Business Forum (VBF) 2017, representatives of foreign investors complained that they still face difficulties in investing and manufacturing in Vietnam due to the lackluster taxation policies.

More consistent foreign arbitration rules needed for investment

19 December 2017
Viet Nam has made significant progress in aligning its policies on foreign arbitral awards with international standards, but it needs to foster enforcement capacity to enhance trust and confidence of foreign businesses.

Firms hope for better tax reforms

30 November 2017
The business community wants the general departments of Taxation and Customs to carefully consider reforms on tax and customs procedures, so as to create the most favourable business conditions for enterprises.

PPPs can work with better grasp of risks: experts

23 November 2017
The public-private-partnership investment model as a solution for Viet Nam’s long-term infrastructure development can only work with all stakeholders fully understanding their roles and the risks involved, experts said at a conference on Thursday.

NA calls for revised law on special zones

18 November 2017
The draft Law on Special Administrative, Economic Units needed to be substantially revised to make it feasible and to fully exploit resources for boosting economic development, according to a verification report from the National Assembly (NA) Law Committee.

MoF proposes cutting business fees and charges

20 September 2017
Vietnam Economic Times   The Ministry of Finance (MoF) has proposed a reduction in fees and charges to materialize the government and the Prime Minister’s policies and declaration that 2017 would be the year of reducing costs for enterprises.

MoIT to streamline hundreds of regulations

20 September 2017
The Ministry of Industry and Trade plans to streamline 464 to 612 conditions for establishing new businesses, equivalent to some 38.15 to 50.3 per cent of the total business conditions. This was the information released by Minister of Industry and Trade Tran Tuan Anh at a meeting late last week.

Foreign investment on the rise in VN

29 August 2017
The foreign investment is looking up, as the total capital pledged for investment in the country until August 20 was nearly equal to that for the entire 2016. The reports from the Foreign Investment Agency showed that foreign investors had registered to invest US$23.36 billion into Viet Nam in the January-August 20 period, up 45.1 per cent year-on-year.

Asian powers map varied M&A plans

15 August 2017
Vietnam Investment Review   Investors around Asia may share the same excitement about Vietnam’s M&A market, but their strategies are often quite different from one another. Thanh Van and Nam Phuong report.  

Derivatives market to up investor confidence

10 August 2017
Việt Nam’s stock exchange is poised to take its next step forward with the opening of the derivates market next month. This is expected to help investors hedge against risks and increase their confidence in the local securities market.

Not all SMEs to enjoy lower tax

27 July 2017
HANOI – Not all small and medium enterprises (SME) in Vietnam could enjoy a preferential corporate income tax under the draft law on tax support for SMEs, said Minister of Planning and Investment Nguyen Chi Dung at the ongoing sitting of the National Assembly on May 23.

Vietnam grows strongly after 10 years of joining WTO

27 July 2017
Vietnam has been developing strongly after joining the World Trade Organization (WTO) 10 years ago thanks to expansion of relations and reform policies. The admission to the WTO opened a wide door for the Southeast Asian country to enter the global playground, experts said.

German investors eye VN business opportunities

26 July 2017
Executives from around 20 companies in Eastern Germany met with authorities from five southern and central Vietnamese cities and provinces with the largest amount of German investment on Friday to explore investment opportunities.

Vietnamese goods seek market opportunities through website Amazon

26 July 2017
Vietnamese garment enterprises have yet to tap a huge potential for direct product sales to the European market through e-commerce giant, a German e-commerce and marketing expert said.

New rules could stymie education FDI

26 July 2017
Experts have objected to several provisions of a draft decree on foreign investment in education saying they need further clarification and revision. They expressed their opinions at a consultative workshop held last week on a draft decree prepared by the Ministry of Education and Training (MoET).

Derivatives interest many investors

18 April 2017
Derivatives products will be available for trading in the Viet Nam’s securities market in less than a month, and institutional investors seem highly interested in the new products, reported on Thursday. The first two derivatives products that will become tradable in May are the index future contract and future bond contract.

NA to consider draft law on restructuring and supporting NPLs

5 April 2017
Draft law on non-performing loans to go before next session of National Assembly. State Bank of Vietnam (SBV) Governor Le Manh Hung has said that the Draft Law on Restructuring and Supporting non-performing loans (NPLs) will be considered at the next National Assembly session.

Strategic investors may unload SOE stakes after 3 years

27 March 2017
Strategic investors may be able to sell their shares in a State-owned enterprise (SOE) three years after the firm is equitised, according to the finance ministry. The current time limit for strategic investors to sell their shares after SOE equitisation is set at five years.

Phu Yen looks to speed up racecourse project

27 March 2017
Phu Yen Province’s People’s Committee has asked the Australian Golden Turf Club Pty Ltd to accelerate the construction process of the US$100 million racecourse in the south central coastal province.

HCM City offers interest-free loan to industrial businesses

27 March 2017
HCM City will lend up to VND200 billion (US$8.8 million) without interest to viable supporting industry projects. A regulation issued recently by the municipal People’s Committee says the time limit for the interest-free loans will be seven years. The loans will be funded by the city’s budget.

Stakes are high

21 March 2017
The latest decree on gambling sets for the scene for the industry to finally secure a foothold in Vietnam.

Center of attraction

20 March 2017
Vietnam has a positive story to tell regarding foreign investment, both now and into the future.

Enterprises to face more challenges without TPP

20 March 2017
Mr. Pham Van Thinh, CEO of Deloitte Vietnam, tells VET about the impact of the US's withdrawal from the TPP and the challenges Vietnamese businesses face in a changing global economy. How will the US’s withdrawal from the TPP affect export enterprises in particular and Vietnam’s economy in general?

Foreign investors contribute more capital to businesses

16 March 2017
As the state’s divestment plan continues, more foreign companies are pouring capital into Vietnamese businesses.

Japan trends towards Vietnam

1 March 2017
Vietnam remains the most attractive investment destination for Japan’s manufacturing firms in the medium-term prospects, according to the Japan Bank for International Cooperation (JBIC). Deputy director general of the Policy and Strategy Office for Financial Operations Noriyasu Yuge tells VIR’s Phuong Thu about the ongoing investment trend.

Vietnam needs to learn from ‘Make in India’ policies?

20 February 2017
With Apple’s recent decision to produce iPhones in India, and with its rumoured plans in Vietnam seeing no news/mention at all, Vietnam may have to reconsider its business environment and incentives for investors in electronics manufacturing if it wants to compete with India.

VN realty market attracts robust foreign investment

17 February 2017
The property market of Viet Nam is attractive to foreign investments due to the country’s rapid ubanisation, open policies and improved investment climate, experts said.

No place for enterprises with short-term strategies

7 February 2017
One year on, opportunities and challenges from the AEC are becoming evident to Vietnamese enterprises. Expectations for increased export revenues to ASEAN are waning but it also affords domestic enterprises a moment to reflect on their weaknesses and strengths, and then work to restructure themselves in order to achieve the desired growth.

Ten years in WTO have given valuable lessons

7 February 2017
This year marks Vietnam’s 10th year after accession into the World Trade Organization.

SMEs’ lending must be reported to SBV quarterly

16 January 2017
Hanoi (VNA) - The State Bank of Vietnam has asked its branches and credit institutions nationwide to report quarterly their lending to small-and medium-sized enterprises (SMEs).

Japan investors launch logistics business in Vietnam

3 January 2017
Two Japanese companies have launched – New Land Vietnam Japan Joint Stock Company – a four-temperature cold chain logistics joint venture, according to a December 14 news release by Sojitz Corporation.

Indian company to establish $50 million coffee plant in Vietnam

28 December 2016
India-based Tata Coffee, a subsidiary of Tata Global Beverages, has released plans to set up a greenfield freeze-dried instant coffee plant in Vietnam with the total investment capital of $50 million. The plans were stated in a filing to the Bombay Stock Exchange (BSE).

US firms plan to expand investments in Vietnam

28 December 2016
HCM City (VNA) – Many US enterprises are paying heed to, while others are planning expand their investments in Vietnam in such fields as infrastructure, energy, aviation, hi-technology and farm produce export-import, said US Consul General in Ho Chi Minh City Mary Tarnowka.

Italian enterprises seek investment opportunities in Vietnam

28 December 2016
Hanoi (VNA) – Businesses from Italy’s Trento province have shown their interest in Vietnam’s investment incentives, especially in technology, electro-mechanics, green agriculture, forestry and pharmaceuticals, which are their strengths.

Transport infrastructure attracts Korean businesses

28 December 2016
Seoul (VNA) - Transport infrastructure is an attractive investment field in Vietnam while the acceleration of equitising State-owned enterprises in the country will create brilliant opportunities for businesses from the Republic of Korea (RoK).

TPP still of value to Vietnam

28 December 2016
It is too soon to evaluate the impact on Vietnam if the TPP is not ratified but the country has other valuable options available, a conference in Hanoi on December 14 heard.

Potential remains in regional M&A

28 December 2016
The CLMV (Cambodia, Laos, Myanmar and Vietnam) group represents nascent potential merger and acquisition (M&A) opportunities in the region, with frontier Vietnam serving as a gateway into the group as it seeks an upgrade to emerging market status, according to Merrill Corporation.

The Biggest Winner From TPP Trade Deal May Be Vietnam

22 October 2015
Vietnam, whose low-wage economy relies on exports, is likely to be the biggest winner of the Trans-Pacific Partnership that slashes an estimated 18,000 tariffs among the dozen participating countries.

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