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Update news foreign-invested enterprises
The Ministry of Finance (MOF) said the 2019 finance reports of foreign invested enterprises (FIEs) showed that 45 percent of the enterprises had reported losses.
Vietnam plans to launch new rules that make it easier for foreign-invested enterprises to list on domestic stock markets, amid necessity to draw in international capital.
VietNamNet Bridge – The Prime Minister has signed a decision giving assignments to eight ministries to help realize this year’s socio-economic targets.
Analysts and economists, siding with domestic businesses, have voiced great concern over the generous incentives given to foreign invested enterprises and the undervalued role of Vietnamese businesses in the national economy.
VietNamNet Bridge – Recent surveys about the tax policies applied to foreign-invested enterprises (FIEs) show that Vietnamese have become choosier about foreign direct investment (FDI) and FIEs (foreign-invested enterprises).
There are different provisions of laws on the conditions, duration, forms of ownership, rights and obligations of foreign-invested enterprises owning houses in Vietnam depending on such enterprises’ business sectors.
VietNamNet Bridge – Falsifying a Viet Nam C/O for goods exported to major market countries having tough tax barriers, such as the US and EU, remains a common fraud committed by foreign-invested enterprises to pay lower tax rates,
VietNamNet Bridge – The number of foreign-invested enterprises (FIEs) whose owners have fled is growing, but it is not easy for the authorities to handle such cases.