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Foreign investment fares poorest in steel: report

Foreign investment fares poorest in steel: report

Steel manufacturers were some of the worst performing foreign invested enterprises in 2019, a new finance ministry report says.
Majority of FDI businesses in Vietnam report 2019 losses

Majority of FDI businesses in Vietnam report 2019 losses

A new report says about 55 percent of foreign direct investment (FDI) businesses in Vietnam recorded losses, of VND131.4 trillion ($5.72 billion), last year.
December 27, 2020 | 02:27 pm GMT+7
Vietnam, South Korea to scrap quarantine requirement for short-term business visitors

Vietnam, South Korea to scrap quarantine requirement for short-term business visitors

Vietnam and South Korea have agreed to allow businesspeople to enter each other’s country for short-term visits without the mandatory 14-day centralized quarantine.
December 07, 2020 | 11:19 am GMT+7
Lowering taxes to attract FDI is a ‘race to the bottom’: experts

Lowering taxes to attract FDI is a ‘race to the bottom’: experts

Competing for foreign investment with tax incentives will end up hitting governments’ revenues and be a lose-lose situation for all ASEAN members, experts warn.
November 16, 2020 | 08:07 am GMT+7
Covid-19 pandemic takes toll on FDI

Covid-19 pandemic takes toll on FDI

Foreign direct investment pledges in Vietnam fell 19.4 percent year-on-year to $23.48 billion in the first 10 months.
October 28, 2020 | 10:25 am GMT+7
Vietnam needs to compete for Covid-19 FDI shift

Vietnam needs to compete for Covid-19 FDI shift

Simpler tax procedures and better infrastructure will help Vietnam compete for foreign investment amid supply chain shifts triggered by the Covid-19 pandemic, foreign experts say.
September 26, 2020 | 08:06 am GMT+7
Foreign firms major contributors to Vietnam local budgets

Foreign firms major contributors to Vietnam local budgets

Budget collection from foreign direct investment companies accounts for over 50 percent of the total in several Vietnamese localities, a report says.
September 25, 2020 | 04:55 pm GMT+7
Not time of milk and honey for workers despite new wave of Japanese investment

Not time of milk and honey for workers despite new wave of Japanese investment

Though the shift by Japanese firms from China to Vietnam will be economically beneficial, Vietnamese workers may not be able to take advantage, experts warn.
August 19, 2020 | 11:52 am GMT+7
Pandemic drags FDI down by 7 pct

Pandemic drags FDI down by 7 pct

Vietnam saw $18.8 billion in foreign direct investment pledges in the first seven months of the year, a 6.9 percent fall year-on-year.
July 29, 2020 | 12:28 pm GMT+7
Vietnam’s GDP to grow 2.3 pct: Oxford Economics

Vietnam’s GDP to grow 2.3 pct: Oxford Economics

Vietnam's success in tackling the Covid-19 pandemic will help its economy recover faster than regional peers and grow by 2.3 percent this year, a report says.
July 16, 2020 | 08:37 pm GMT+7
FDI falls 15 pct in H1

FDI falls 15 pct in H1

Foreign direct investment in Vietnam topped $15.67 billion in the first half of this year, 15.1 percent down year-on-year.
June 27, 2020 | 02:23 pm GMT+7
Vietnam loses billions to FDI transfer pricing

Vietnam loses billions to FDI transfer pricing

Many foreign-invested firms have been reporting losses for years even as they expand, but authorities are still struggling to prevent transfer pricing.
June 11, 2020 | 10:02 am GMT+7
Vietnam development model needs upgrade: WB

Vietnam development model needs upgrade: WB

Vietnam has reached an inflection point in its economic development and needs to look for new models, the World Bank says.
May 28, 2020 | 11:10 am GMT+7
Vietnamese companies face threat of being acquired on the cheap

Vietnamese companies face threat of being acquired on the cheap

The coronavirus pandemic has made Vietnamese companies vulnerable to takeovers by foreign investors at low prices.
May 10, 2020 | 01:47 pm GMT+7
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