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Update news foreign investment in Vietnam
Nearly halfway through 2019, Vietnam has begun to see a new noticeable transition in its foreign direct investment (FDI) inflows, with Chinese investment in the Southeast Asian country reporting a sharp rise.
The long-awaited new decree guiding to the Law on Planning is expected to open a wider business development space for businesses to venture further into projects in Vietnam in the months ahead.
Japanese investment in Vietnam is expected to grow this year, given Japan’s recent initiative to shift investment to Vietnam and other Mekong River nations, as well as free trade agreements (FTA), experts said.
Tax incentives are a perfectly acceptable way of attracting both local and foreign investment and have a host of positive knock-on effects.
Vietnam has a positive story to tell regarding foreign investment, both now and into the future.
Republic of Korea (RoK) businesses have poured additional 6.72 billion USD into Vietnam, making the RoK the largest among 62 foreign investors in the Southeast Asian nation.
The Vietnamese government has published a list of 17 business sectors that are open to foreign investors, with some conditions, in a bid to improve the investment environment following this year's record inflow of foreign capital.
The Ministry of Labour, Invalids, and Social Affairs has once again rejected the international business community’s proposals to extend factory workers’ overtime cap.