BMW auto importer  is hit by $4 mln tax claim

BMW auto importer is hit by $4 mln tax claim

Euro Auto, BMW’s official importer in Vietnam, is facing a claim from authorities for paying back taxes of up to nearly $4 million.
Land issues box investors into a corner

Land issues box investors into a corner

Land clearance is emerging as the biggest issue blocking many foreign direct investment projects from prospering in Vietnam. Ngoc Linh takes a closer look.
Power hikes a fact of life

Power hikes a fact of life

Head of the Ministry of Industry and Trade’s (MoIT) Electricity Regulatory of Vietnam Dang Huy Cuong sheds some light on Vietnam’s power price situation.
Gazing into property’s crystal ball

Gazing into property’s crystal ball

In order to define whether property prices will continue to fall, StoxPlus Corporation analyst Pham Thanh Son writes it is necessary to learn about property development costs, so the resistance level and the influence of cost factors relating to products and investors will be specified.
Tata Steel closer to exit

Tata Steel closer to exit

The giant Tata Steel steel manufacturing project remains deadlocked with the Indian firm forced to think about relocating the $5 billion project to other countries.
US firms’ high-profile standoff

US firms’ high-profile standoff

Ba Ria-Vung Tau People’s Committee is at loggerheads with two United States companies that are refusing to advance site clearance costs for massive tourism projects.
Tata Steel gets boxed into a corner

Tata Steel gets boxed into a corner

Tata Steel will enter last chance saloon when Ha Tinh People’s Committee asks whether it will pursue its $5 billion integrated steel project.
Investors urged to look southwards

Investors urged to look southwards

As China looses its cost advantages due to recent labour unrest and rising wages, Vietnam has a big opportunity to become a low-cost alternative for manufacturing. But, it is also in fierce competition with other South East Asian nations.