casinos gamble on liberalising decree

Casinos gamble on liberalising decree

Seven years after its first proposal, Vietnam’s government decree on the casino business has yet to be approved despite undergoing many revisions.
tapping the true potential of us investment into vietnam

Tapping the true potential of US investment into Vietnam

Despite the quantitative and qualitative growth of US investment into Vietnam, much remains to be done to make the best use of this capital source. Minister of Planning and Investment Nguyen Chi Dung spoke with VIR’s Nguyen Duc about this issue.
russian ties remain strong despite rocky deals

Russian ties remain strong despite rocky deals

Vietnamese enterprises are increasing efforts to set foot in Russia to  find investment opportunities as well as expand their operations.
spectre of dead fish scares tourists

Spectre of dead fish scares tourists

Tourism in the four central seaside provinces faced serious business shortfalls due to many cancellations over the four-day holiday ending last Tuesday, caused by recent masses of dead fish washing up on central beaches.
counting the cost of fdi opportunity

Counting the cost of FDI opportunity

International organisation ActionAid Vietnam recently questioned the annual $20-million loss of corporate tax income in Vietnam caused by the preferential tax system for foreign-invested enterprises, sparking a discussion on whether the generous treatment of those firms is justifiable.
dawon vina to expand losing business

Dawon Vina to expand losing business

The Bac Giang Industrial Zones Management Board is considering whether Korean Dawon Vina’s increasing capital to its existing factory makes its loss increased as much as its added capital when the company made a loss of $1.68 million in 2015, higher than its originally registered $1 million investment amount.
pm acclaims mpi on first working visit

PM acclaims MPI on first working visit

The Vietnamese government is going to keep the previously set target of economic growth at 6.7 per cent in 2016.
impsas project gone with the wind

IMPSA’s project gone with the wind

The Ninh Thuan People’s Committee has recently rendered invalid the plan of Argentinean wind power company IMPSA to invest in a wind power project in the two districts Ninh Phuoc and Thuan Nam of the central province.
quang tris efforts for optimal investment conditions pay off

Quang Tri’s efforts for optimal investment conditions pay off

In the lead-up to the first-ever Investment-Tourism Promotion Conference in the central province of Quang Tri, Nguyen Duc Chinh, Chairman of the provincial People’s Committee, shares the local authorities’ latest efforts in making the province one of most attractive destinations to domestic and foreign investors.
250 million us invested hotel project in binh dinh revoked

$250 million US-invested hotel project in Binh Dinh revoked

Nine years after being licensed the $250 million Vinh Hoi Hotel and Resort project in the central province of Binh Dinh has had its investment certificate revoked.
samsung licensed despite concerns

Samsung licensed despite concerns

South Korean tech giant Samsung Group’s recent investment certificate for a large-scale research and development centre in Hanoi has been met with mixed sentiments as many believe that the company’s investment demands may outweigh the benefits to Vietnam.
hanoi appeals for italian investment in infrastructure projects

Hanoi appeals for Italian investment in infrastructure projects

Chairman of the Hanoi People’s Committee Nguyen Duc Chung has invited Italian investors to the capital city, saying that Hanoi is looking for promising and established investors for its urban infrastructure development projects, the Ha Noi Moi daily reported.
fpt looking to enlist foreign help to strengthen retail and distribution arms

FPT looking to enlist foreign help to strengthen retail and distribution arms

FPT is likely looking for foreign investors to strengthen its retail and distribution arms, FPT Retail and FPT Trading.
hanoi seeks amsterdams cooperation in environment climate change

Hanoi seeks Amsterdam’s cooperation in environment, climate change

Hanoi wishes to receive Amsterdam city’s assistance in building an environment monitoring system, clean energies and sharing of experience in climate change adaptation, said Chairman of the municipal People’s Committee Nguyen Duc Chung.
apple taking the first steps into vietnam

Apple taking the first steps into Vietnam

Apple may invest $1 billion in Vietnam to build a research and development centre for the entire Asia region.