Vietnam no longer an FDI magnet

Date: 31/10/2012

Vietnam has become a less attractive destination for foreign investors, experts say.

Coke hit by transfer pricing call

Date: 31/10/2012

Coca-Cola’s plant expansion plan has lost its fizz after central Danang City People’s Committee rejected the plan due to transfer pricing suspicions.

VIETNAM: $194m Luxfashion Forced to Halt Operations

Date: 31/10/2012

Luxfashion, one of Vietnam’s leading FDI (foreign direct investment) textile and garment manufacturers, has been forced to halt operations following its first shipment after being accused of violating a local tax regulation.

HCM City to build $152m rapid bus system

Date: 31/10/2012

The municipal administration plans to spend around US$152 million on a bus rapid transit (BRT) project that will run along the 25km Vo Van Kiet – Mai Chi Tho boulevard, connecting the eastern and western parts of HCM City.

Cat Ba Amatina takes shape

Date: 31/10/2012

Vinaconex ITC, a domestic real estate developer and Swiss-Attixs International Hotels S.A. of Switzerland, last week moved a big step towards providing high-end hospitality and international standard services for the $1 billion Cat Ba Amatina project on Cat Ba Island.

Solar panel plant will help energize Hue region

Date: 31/10/2012

The central province of Thua Thien-Hue has endorsed plans in principle for locally-invested WorldTech Transfer Investment to build a solar panel plant there.

Firms call for fewer tax adjustments

Date: 31/10/2012

Frequent changes in tax regulations, issued by the Government in a flurry of tax-related circulars, are posing difficulties for enterprises seeking to anticipate and comply with all the regulations, according to business representatives at an annual dialogue with the Ministry of Finance held in Ha Noi...

Ways sought to make condos affordable to buyers

Date: 31/10/2012

Knowing that the property market is facing troubles now, the Ministry of Construction has allowed property project owners to change use purposes of their projects. Of the measures to support the market, adjusting down the apartment sizes was discussed at a meeting among the construction ministry, the...

Export-processing firms restricted from domestic sale

Date: 31/10/2012

Export-processing companies would be restricted from selling their products in the domestic market if the amended decree on industrial parks, export-processing zones and economic zones was passed.

Industrial output rises 4.5 pct in 10 months

Date: 31/10/2012

The nation’s industrial production increased 4.5 percent in the first 10 months of this year compared to the same period last year, announced the General Statistics Office (GSO).

Japan tops foreign investors in Vietnam

Date: 31/10/2012

Japan has become the leader among the 52 nations and territories investing in Vietnam since the beginning of the year, according to the Ministry of Planning and Investment (MPI).

Coca-Cola to further invest $300 million in Vietnam

Date: 31/10/2012

The Coca-Cola Company yesterday announced a new system investment of $300 million over the next three years in Vietnam to further capture growth opportunities in one of the world’s major emerging consumer markets.

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