ASEAN, Japan reaffirm commitment to take partnership to new heights (31/03/2023)
Senior officials of ASEAN and Japan attending the 38th ASEAN-Japan Forum in Tokyo on March 28 reaffirmed their commitments to further advance the partnership and strengthen cooperation, as both sides are marking the 50th Anniversary of Dialogue Relations this year.

Energy-intensive industries urged to approach decarbonisation objectives (31/03/2023)
Cement, plastic, and steel industries in Vietnam are being expected to actively participate in Vietnam’s circular economy as decarbonisation will be key to ensure their sustainable development.

EPR clarity sought to keep costs low (31/03/2023)
The business community has called for clearer criteria regarding extended producer responsibility in Vietnam that considers international standards and legal status.

Global minimum tax should not impact investors’ benefits: Conference (31/03/2023)
Vietnam needs to develop appropriate policies to adapt to the global minimum tax and remain an attractive FDI destination, heard a seminar in Ho Chi Minh City on March 29.

Action plan approved to implement foreign investment cooperation strategy (30/03/2023)
Deputy Prime Minister Tran Luu Quang has freshly signed a decision to approve an action plan for implementing the 2021-2030 national foreign investment cooperation strategy.

Don’t rely on tax incentives for FDI: analysts (30/03/2023)
Analysts say Vietnam should stop depending on tax incentives to attract FDI and instead focus on improving the business environment and quality of labor as a minimum corporate tax looms.

Foreign SMEs pour capital into Vietnam (30/03/2023)
Foreign small- and medium-sized enterprises (SMEs) are paying much attention to Vietnam, given the fact that the number of under-1-million USD projects accounted for nearly 70% of the total number of foreign-invested projects registered in Vietnam in the first three months of this year.

Vietnamese banks remain attractive to foreign investors (30/03/2023)
Foreign investors’ continuous investment in Vietnam has shown their optimistic about the country’s economic outlook, despite the difficult situation of the global banking sector.

Foreign investment from Asia important to Vietnam: HSBC (29/03/2023)
Although Vietnam always eyes to attract investors from US and Europe, intra-Asian investors are so important to the country, especially since foreign direct investment (FDI) is slowing down globally due to the COVID-19 pandemic’s impacts and geopolitical conflicts.

New FDI approvals plunge in Q1/2023 (29/03/2023)
Although the number of new FDI projects approved in the first quarter this year grew over the same period in 2022, their capital pledges edged down.

Việt Nam’s foreign investment plunges 39 per cent in Q1 (29/03/2023)
Along with the contraction in fresh capital, the disbursed capital also slightly plunged 2.2 per cent from a year earlier to $4.3 billion, it noted.

Foreign direct investment continues declining (28/03/2023)
According to the data just announced by the Foreign Investment Agency under the Ministry of Planning and Investment, as of March 20, 2023, foreign direct investment continues declining.

Foreign investors expand consumer finance business in Vietnam (28/03/2023)
Large foreign financial groups have actively penetrated the Vietnamese consumer finance market, which has significantly helped accelerate the digitalisation of the country’s financial services.

Standard Chartered Vietnam named “The Most Outstanding Foreign Bank in Vietnam” in 2022-2023 (28/03/2023)
Standard Chartered Bank Vietnam was named among the Top 50 foreign-invested enterprises (FIEs) in Vietnam and bestowed the title “The Most Outstanding Foreign Bank in Vietnam” in the 2022-2023 period at the Golden Dragon Awards 2023, held recently by VnEconomy / Vietnam Economic Times. This is testament to the bank’s strong commitment and unwavering effort to support the sustainable development of its clients and the economy.

Vietnamese retail market appealing to foreign investors (28/03/2023)
The nation is becoming an attractive retail market for companies globally with many regional and global FDI investors recently revealing their plans to increase capital and expand distribution networks here.

Strong signals of positive year for VN industrial real estate market (27/03/2023)
CBRE Vietnam has reported that Vietnam’s industrial real estate sector is poised for a prosperous year in 2023 due to a surge in demand.

Indian research intern: Vietnam’s clean energy transition accelerates (27/03/2023)
Vietnam is undergoing clean energy transition at an accelerating rate and is considered the leader of clean energy transition in Southeast Asia, Shubham Rai, a research intern in the Southeast Asia and Oceania Centre at Manohar Parrikar Institute for Defence Studies and Analyses (MP-IDSA), India, wrote in an article.

USABC Chief: Vietnam a strategic market for US businesses (27/03/2023)
US businesses view Vietnam as a strategic market and are committed to long-term investment in the country, according to President and CEO of the US-ASEAN Business Council (USABC) Ted Osius.

Vietnam to develop policies to adapt to global minimum tax (27/03/2023)
Vietnam will adjust investment policies to adapt to the global minimum tax rate and remain an attractive destination for investment.

Auto makers project bumpy years ahead (24/03/2023)
Car manufacturers are calling for the reinstatement of measures used during the pandemic in order to help boost flagging vehicle sales.