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Foreign investment quality in Vietnam continues being put squarely under the microscope.
A mammoth $4 billion project is to be licenced in a popular tourism region despite many other similar developments proving to hold empty promises.
Foreign shipping lines have been left at sea by unclear liquidation procedures for abandoned containers at Vietnam’s ports.
Foreign direct investment to developing countries is expected to rise 17 per cent this year as they drive the global economic recovery, the World Bank said Thursday.
Nearly half of enterprises in Ho Chi Minh City have reported losses annually, many of them are foreign direct investment firms who have reported losses for ten consecutive years to avoid paying tax.
About 20 per cent of enterprises listed last year were removed from the list 2010 with state-owned groups and corporations remained ranking among top 10 biggest enterprises in the country.
The Ministry of Transport has submitted to the government for approval of a master plan for transport development in the southern key economic zone until 2020, with a vision to 2030, at a cost of VND681 trillion ($32.4 billion).
Addressing the Vietnam-Japan Trade, Investment and Tourism Promotion Forum on November 15 in the Japanese city of Nagoya, State President Nguyen Minh Triet called for Japanese firms to intensify investment in Vietnam.
Ultimatums have been given to foreign developers sitting on their hands instead of developing their projects.
Two new airports are going to be constructed in the southern province of Dong Nai and the northern city of Haiphong.
Experts at an investment promotion conference held in Ho Chi Minh City yesterday agreed that for the medium- and long-term future, Vietnam would remain an attractive destination for investors, especially because of the private sector growth.
Alain Cany, chairman of the European Chamber of Commerce in Vietnam, has called for a more transparent business environment to attract investors. Vietnam is trying to improve the climate through an administrative reform project, known as Project 30, with more than 5,000 administrative procedures to...
