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The high taxes being imposed on automobiles would be cut sharply in a strategy to stimulate the demand and attract the investments to the Vietnamese automobile manufacturing.
Luxembourg has been hailed as one of Viet Nam’s most important economic, trade and investment partners by the Foreign Investment Agency (FIA) ahead of a major finance forum between the two countries next Tuesday.
The Nhon Trach 2 Combined Cycle Power Plant (CCPP) is making an eco-friendly contribution toward alleviating the country’s power shortages.
Officials of both Vietnam and Mozambique have expressed their wish for stronger investment ties, at an investment and trade seminar in Hanoi on June 12.
UK companies wish to assist and invest in projects to build financial centres, urban railways and Long Thanh international airport for the strong development of Vietnam.
The Foreign Investment Agency (FIA) has noted the growing tendency of Vietnamese businesses making outward investment when the domestic market has become narrower for them.
Samsung Electronics Viet Nam, a wholly-owned subsidiary of South Korea’s Samsung Electronics, received approval from the Government to raise its investment in northern Bac Ninh Province from US$1.5 to $2.5 billion.
Africa and the Middle East were potential markets where Viet Nam could boost exports, said speakers at a conference yesterday organized by the Viet Nam Trade Promotion Agency.
Affirming that Coca Cola Vietnam is not guilty of the charges on illegal transfer pricing, Irial Finan, Vice President of Coca Cola global, said the drink manufacturer does not have to pay the corporate income tax just because it still has not made profit. This was for the first time Coca Cola raised...
Vietnamese businesses in Cambodia, including those investing in the rubber sector, have made great contributions to the country’s economic development, Cambodian Deputy Prime Minister Yim Chhay Ly has stated.
Vietnamese companies in several sectors are enthused by Myanmar, which opened its doors recently, especially after the rousing reception their products have got at an ongoing exhibition there.
