Foreign involvement in food production takes big strides

Foreign involvement in food production takes big strides

Vietnam is continuing to be an attractive destination for foreign enterprises in processing and supplying food ingredients, with more cooperation prospects emerging.
Household names play their part for creation of jobs

Household names play their part for creation of jobs

Skill training and job creation for local workers in the process of expanding investment activities is a long-term commitment of many foreign enterprises in Vietnam.
Employees at risk of losing livelihoods

Employees at risk of losing livelihoods

A number of foreign enterprises have had to make tough decisions to let go of workers due to the gloomy business situation and a sharp decline in orders.
Data deemed safer in law alteration

Data deemed safer in law alteration

Foreign enterprises doing business in Vietnam must store key internet data on servers located within the country, according to a new government decree.
Local suppliers miss out on expansions

Local suppliers miss out on expansions

Vietnam continues to attract foreign enterprises, especially in the manufacturing sector. However, the country’s localisation rate remains low, rendering companies dependent on imports and leaving little room for domestically-created profits.
Foreign companies boost investment in Vietnam

Foreign companies boost investment in Vietnam

Foreign enterprises poured a considerable amount of capital into manufacturing and processing projects in the first half of January, according to the head of the investment office at the Ho Chi Minh City Export Processing and Industrial Zones Authority (Hepza), Tran Viet Ha.
Major loss-making foreign-invested firms to be inspected for tax compliance

Major loss-making foreign-invested firms to be inspected for tax compliance

The foreign-invested enterprises which have been running large, prolonged losses and large related-party transactions, will be inspected for tax compliance.
Anger over Tet bonuses leads to strikes in FIEs

Anger over Tet bonuses leads to strikes in FIEs

Tet bonus problems are contributing to strikes in scores of foreign-backed enterprises in southern provinces.