japanese enterprise poised to lose thousands of dollars over fee dispute

Japanese enterprise poised to lose thousands of dollars over fee dispute

Japanese confectionary producer Tango Candy Co., Ltd. is looking back on a hard week. Stagnating manufacturing in the company’s factory in Tan Duc industrial park (IP) in the southern province of Long An due to a conflict on fee payments is making the company lose $15,000 per day.
ho chi minh city to deliver swift improvement to fies

Ho Chi Minh City to deliver swift improvement to FIEs

Ho Chi Minh City’s foreign direct investment (FDI) capital reportedly made a sharp decrease of 55.5 per cent on-year.
ho chi minh city expects new fdi wave

Ho Chi Minh City expects new FDI wave

More and more foreign enterprises are finding investment opportunities in Ho Chi Minh City, marking a significant foreign direct investment (FDI) inflow into the city throughout the year.
vietnamese abroad welcomed

Vietnamese abroad welcomed

Ha Noi will develop a transparent investment environment that is suitable with the international integration process and attract more overseas Vietnamese investors, Le Hong Son, deputy chairman of the People's Committee of Ha Noi, said at a meeting between the municipal authorities and overseas Vietnamese businessmen in Ha Noi yesterday.
vietnamese brand to contest in highly competitive powdered milk market

Vietnamese brand to contest in highly competitive powdered milk market

Vietnam’s domestic private ese Nova Group, which has been operating for 23 years in the agriculture and real estate sectors, now targets a growing share in the highly competitive market of children’s powdered milk.
ge vietnam cambodia has new ceo

GE Vietnam & Cambodia has new CEO

US-based energy giant GE officially announced today the appointment of Pham Hong Son, country manager, Renewable Energy, GE Power & Water as the new CEO of GE Vietnam & Cambodia, driving the company’s local growth.
ease of customs boosted by new laws

Ease of customs boosted by new laws

As the new Law on Customs will become effective on January 1, 2015, the Ministry of Finance and the General Department of Customs are drafting circulars to guide its implementation. Several new circulars are being drafted for customs procedures, e-customs, toll manufacturing, and post-customs clearance audits and inspection.
investment service japan desk established in south

Investment service Japan Desk established in south

Japan Desk, a service to assist current and potential Japanese investors in Vietnam, was officially launched in Ho Chi Minh City on September 25, aiming to attract more Japanese investment into the 21 cities and provinces in the south of Vietnam.
dong nai authority shutting down inactive projects

Dong Nai authority shutting down inactive projects

In just the first seven months of this year, Dong Nai has revoked investment licences from eight FDI projects with total registered capital of $86 million, 99 per cent of which belongs to five projects located in industrial zones, reported the Dong Nai Department of Planning and Investment.
intel unveils major expansion plans

Intel unveils major expansion plans

Intel Products Vietnam has revealed that it plans to double locally-sourced material value within this year.
first solar sale sees light at the end of the tunnel

First Solar sale sees light at the end of the tunnel

After two years in stasis, US-backed First Solar Vietnam’s billion dollar photovoltaic panel manufacturing facility may soon be back on track.
mekong delta courts foreign investors

Mekong Delta courts foreign investors

Foreign investors are increasing their interest in projects based in the Mekong Delta.
saigon sunbay super project sits stagnant

Saigon Sunbay: Super-project sits stagnant

Despite construction starting in late 2007, Saigon Sunbay, Vietnam’s largest seaside eco-town project to date in Ho Chi Minh City’s Can Gio district, has seen poor progress, resulting in suspicions and concerns from residents on the project site.
berjaya hcmc projects continue their long delay

Berjaya HCMC projects continue their long delay

Two projects by Malaysia’s Berjaya Land, a wholly-owned subsidiary of Berjaya Leisure (Caymans) Ltd., have seen zero progress after being granted investment certificates many years ago.
common concerns of labourers when tet approaches

Common concerns of labourers when Tet approaches

The issues of Lunar New Year (Tet) bonuses and stable work in the period following Tet are the prime concerns of labourers and employers in the holiday period.