Ministries urged to remove 49pc foreign cap

Ministries urged to remove 49pc foreign cap

The Prime Minister’s working group has asked the ministries of Finance and Planning and Investment to swiftly lift the foreign ownership limit of 49 per cent at enterprises where foreign investment is not restricted.
2018 promising for foreign property investors

2018 promising for foreign property investors

Last year saw a lot of merger and acquisition (M&A) activities in the Vietnamese property sector, with transactions totalling US$1.5 billion and the participation of many major foreign players.
Nearly 660 foreign investors receive trading codes in January

Nearly 660 foreign investors receive trading codes in January

The Viet Nam Securities Depository (VSD) granted some 659 trading codes to foreign investors, including 58 institutions and 601 individuals, in January.
Đà Nẵng gets IT education gifts from S Korea

Đà Nẵng gets IT education gifts from S Korea

The Korean Database Society (KDBS) has donated software programmes on database management and database quality management to the central city’s Đông Á College in order to support local students in the study of information technology.
Property market gets $77.6mn in FDI in January

Property market gets $77.6mn in FDI in January

Foreign investors pumped in a total of US$77.6 million in the real estate market in January, according to statistics of the Foreign Investment Agency.
E-commerce market had eventful year with B2C turnover of US$6 billion

E-commerce market had eventful year with B2C turnover of US$6 billion

Foreign e-commerce retailers are dominating Vietnamese firms through ad campaigns, delivery services and money collection services.
New CIT law aims to halt tax evasion

New CIT law aims to halt tax evasion

In the latest draft of Law on Corporate Income Tax (CIT), the Ministry of Finance has raised a regulation aimed at preventing multinational companies with related-party transactions from evading taxes.
Positive signs in HCM City’s socio-economic development

Positive signs in HCM City’s socio-economic development

Ho Chi Minh City attracted 370 Foreign Direct Investment (FDI) projects with a total capital of US$2.78 billion over the past 11 months of 2014, up 194.6% in capital from the same period last year.
Business red tape sliced

Business red tape sliced 1

Two new decrees are to cut through business registration regulations to put foreign investors’ minds at rest.
Saigon’s world-famous sidewalk food seller

Saigon’s world-famous sidewalk food seller

For nearly 20 years, Mrs. Nguyen Thi Thanh ran her small restaurant on the sidewalk of the Nguyen Dinh Chieu apartment block on Hoang Sa Street, Da Kao Ward, District 1, HCM City. Suddenly, one day she was known throughout the world.
French firms prioritise skilled employees

French firms prioritise skilled employees

Many French firms have developed their own tactics for using Vietnamese employees to build business in Vietnam.
Offering more room to foreigners may lead to elimination of big brands

Offering more room to foreigners may lead to elimination of big brands

What will happen if Vietnam allows foreign investors to hold 50 percent or more of listed companies’ shares? The answer is that foreign groups would set one foot on Vietnamese enterprises and then take other steps to take over the enterprises.
PM: most favourable environment for investors

PM: most favourable environment for investors

Vietnam has over the past 25 years attracted nearly $211 billion from foreign investors for 14,500 projects, the Ministry of Planning and Investment (MPI) reported at a conference reviewing 25 years of FDI attraction in Hanoi on March 27.
State pledges to not take the eye off the ball

State pledges to not take the eye off the ball

While Vietnam intends to improve the quality of foreign direct investment, the country should pay more attention to post-licencing monitoring.
Foreign hands to help reshape banking

Foreign hands to help reshape banking

Foreign investors involved in Vietnam’s banking system will be able to play a greater role in revitalising it.
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