Switzerland sees downside as FTA not yet reached (02/03/2023)
The entry into force of the EU-Vietnam free trade agreement (FTA) has put Swiss exporters at a competitive disadvantage over their main EU competitors, spokesman for Switzerland’s State Secretariat for Economic Affairs (SECO) Fabian Maienfisch told Thuc Minh.
The entry into force of the EU-Vietnam free trade agreement (FTA) has put Swiss exporters at a competitive disadvantage over their main EU competitors, spokesman for Switzerland’s State Secretariat for Economic Affairs (SECO) Fabian Maienfisch told Thuc Minh.
Vietnam supports Samsung’s long-term investment plan (01/03/2023)
National Assembly Chairman Vuong Dinh Hue on February 28 received Hark-Kyu Park, President and CFO at Samsung Electronics Co. Ltd
National Assembly Chairman Vuong Dinh Hue on February 28 received Hark-Kyu Park, President and CFO at Samsung Electronics Co. Ltd
90 percent of supporting enterprises remain small, medium-sized ones (01/03/2023)
In the supporting industry, the country currently has about 5,000 enterprises, but nearly 90 percent of them are small and medium-sized enterprises.
In the supporting industry, the country currently has about 5,000 enterprises, but nearly 90 percent of them are small and medium-sized enterprises.
Agriculture can be driver to attract overseas funds (01/03/2023)
Vietnam is expanding international cooperation as an effective solution to reach its target of attracting $25 billion in foreign investment in the agricultural sector by 2030.
Vietnam is expanding international cooperation as an effective solution to reach its target of attracting $25 billion in foreign investment in the agricultural sector by 2030.
Dutch firms offer suggestions to HCM City to draw investment (01/03/2023)
Dutch enterprises have suggested Ho Chi Minh City improve its investment environment, develop transport infrastructure and connectivity, hold trade promotion activities, fight climate change and improve its urban living environment.
Dutch enterprises have suggested Ho Chi Minh City improve its investment environment, develop transport infrastructure and connectivity, hold trade promotion activities, fight climate change and improve its urban living environment.
Skoda cars to be sold in Vietnam from May (01/03/2023)
Skoda cars are expected to be imported from the Czech Republic and sold from May before being assembled in the country, according to sources at Skoda Vietnam.
Skoda cars are expected to be imported from the Czech Republic and sold from May before being assembled in the country, according to sources at Skoda Vietnam.
Ho Chi Minh City seeking investors for $37 million Saigon Silicon City (28/02/2023)
Ho Chi Minh City People’s Committee has requested the local Department of Planning and Investment select a new set of investors, following approval, to replace the current developers of the Saigon Silicon City project.
Ho Chi Minh City People’s Committee has requested the local Department of Planning and Investment select a new set of investors, following approval, to replace the current developers of the Saigon Silicon City project.
National Australia Bank seeks opportunities in digital transformation (28/02/2023)
National Australia Bank (NAB) is seeking opportunities related to digital transformation in Vietnam to tap into the growing local demand.
National Australia Bank (NAB) is seeking opportunities related to digital transformation in Vietnam to tap into the growing local demand.
Support needed for Vietnamese digital technology enterprises to go global: insiders (28/02/2023)
Vietnamese digital technology enterprises have both advantages and challenges when going global, and support and coordination are needed, according to insiders.
Vietnamese digital technology enterprises have both advantages and challenges when going global, and support and coordination are needed, according to insiders.
Vietnam attracts nearly US$535.4 million in FDI over two-month period (28/02/2023)
Vietnam attracted nearly US$535.4 million in foreign direct investment (FDI) in the first two months of the year, a decline of 85.1% against the same period from last year, according to the Ministry of Planning and Investment (MPI).
Vietnam attracted nearly US$535.4 million in foreign direct investment (FDI) in the first two months of the year, a decline of 85.1% against the same period from last year, according to the Ministry of Planning and Investment (MPI).
Alcohol, tobacco and soft drinks face increase in excise tax (27/02/2023)
Alcohol, tobacco and soft drinks will be subject to an increased excise tax aiming to improve community health and tackle the national budget deficit as part of a comprehensive tax reform strategy for 2030.
Alcohol, tobacco and soft drinks will be subject to an increased excise tax aiming to improve community health and tackle the national budget deficit as part of a comprehensive tax reform strategy for 2030.
EU manufacturers eye offshore wind turbine plants in Vietnam (27/02/2023)
European manufacturers are considering investing hundreds of millions of dollars in European manufacturersto build wind turbine plants as the country gears up to exploit its large untapped potential in offshore wind, Reuters cited sources familiar with the situation as reporting.
European manufacturers are considering investing hundreds of millions of dollars in European manufacturersto build wind turbine plants as the country gears up to exploit its large untapped potential in offshore wind, Reuters cited sources familiar with the situation as reporting.
FPT acquires Intertec International unit to expand in North America (27/02/2023)
Vietnam’s top technology firm, FPT, has announced the acquisition of the IT Services division of Intertec International to increase its footprint in North America.
Vietnam’s top technology firm, FPT, has announced the acquisition of the IT Services division of Intertec International to increase its footprint in North America.
Vietnam, Netherlands exalt smart agricultural collaboration (27/02/2023)
Vietnam and the Netherlands agreed to promote cooperation in innovation and creative agriculture during a working visit of Minister of Planning and Investment Nguyen Chi Dung to the European country from February 21-23.
Vietnam and the Netherlands agreed to promote cooperation in innovation and creative agriculture during a working visit of Minister of Planning and Investment Nguyen Chi Dung to the European country from February 21-23.
Vietnamese mindset about management causes problems (27/02/2023)
The recent stories about energy supply have once again exposed problems in Vietnam’s management thinking.
The recent stories about energy supply have once again exposed problems in Vietnam’s management thinking.
Ho Chi Minh City to wipe out obstacles for foreign investors (24/02/2023)
Recommendations on the topic were sent by foreign business associations to the leaders of Ho Chi Minh City in a seminar on February 22 in Ho Chi Minh City.
Recommendations on the topic were sent by foreign business associations to the leaders of Ho Chi Minh City in a seminar on February 22 in Ho Chi Minh City.
Spain to pour funds into high-speed rail in Vietnam (24/02/2023)
Following the World Bank, Spanish and Japanese investors are also setting their sights on high-speed railways in Vietnam, including the north-south high-speed project.
Following the World Bank, Spanish and Japanese investors are also setting their sights on high-speed railways in Vietnam, including the north-south high-speed project.
Burdens still to be tackled to ensure efficient DPPA pilot (23/02/2023)
Foreign investors have been closely monitoring a proposed pilot on the direct power purchase agreements in Vietnam, especially those with a long-term business strategy in renewable energy. However, the country’s limited mechanisms may mean the long-term goals will be difficult to attain.
Foreign investors have been closely monitoring a proposed pilot on the direct power purchase agreements in Vietnam, especially those with a long-term business strategy in renewable energy. However, the country’s limited mechanisms may mean the long-term goals will be difficult to attain.
Foreign firms inject more investments into local retail sector (23/02/2023)
Central Retail Corporation (CRC), the largest retailer of Thailand, has announced its biggest investment in Vietnam at 50 billion THB (US$1.45 billion) in the 2023-27 period to accelerate its market presence in the country.
Central Retail Corporation (CRC), the largest retailer of Thailand, has announced its biggest investment in Vietnam at 50 billion THB (US$1.45 billion) in the 2023-27 period to accelerate its market presence in the country.
HCMC holds dialogue to remove difficulties for foreign businesses (23/02/2023)
The People’s Committee of Ho Chi Minh City, on February 22, held a meeting to resolve obstacles for foreign enterprises.
The People’s Committee of Ho Chi Minh City, on February 22, held a meeting to resolve obstacles for foreign enterprises.
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