In order to avoid the middle-income trap, Vietnam needs to change its strategy on attracting foreign direct investment (FDI). FDI attraction over the last 30 years hasn’t succeeded as expected.As of the end of 2021, Vietnam had attracted $408 billion worth of FDI, ranked 18th ...

For the second time in history, Vietnam has become a non-permanent member of the United Nations Security Council (UNSC).Vietnam secured 192 out of a total of 193 votes. A candidate must secure at least two-thirds of all votes for a non-permanent seat in the council. ...

Global minimum corporate tax expected to take effect from next January.The global minimum tax rate is a key element of a program to combat tax base erosion and profit shifting, initiated by the Organization for Economic Cooperation and Development (OECD) and now embraced by more ...

Clinics in communes have improved their healthcare services and facilities to attract more local people and reduce patient overloads at city and province-level hospitals. Medical experts have said the grassroots healthcare system is the foundation of the national health system and if the grassroots system ...

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On November 16, the Viet Nam Chamber of Commerce and Industry (VCCI) held a workshop on “Screening tool for investment projects in Viet Nam”. The tool includes mandatory assessments of whether the project complies with investment laws in Viet Nam; mandatory assessments of potential economic, social ...

For Vietnam, it is a good opportunity for domestic enterprises to become companions, to grow alongside and to develop. From a wider perspective, it should be the lifeline for the planet.The 2022 FDI report with the key topics of green growth and digital transformation released ...

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The global minimum corporate tax policy is poised to take effect early next year, which may adversely affect Vietnam’s attraction of foreign direct investment (FDI) as the country has over the years offered tax incentives to lure investors.From a global perspective in terms of economic ...

The Vietnam Investor Map has been developed through research and a consultative process with 30 government stakeholders, think tanks, enterprises, and leading impact and commercial investors to produce tangible market intelligence. Such insights provide tangible investment opportunities that lie at the intersection of government policy ...

The application of the global minimum corporate income tax policy in Vietnam is expected to serve as a catalyst to expedite policy reforms and promote international integration efforts of the country, according to insiders.According to the Ministry of Finance, there are 1,015 foreign direct investment ...

Many provinces and cities across Vietnam have announced quite optimistic results in attracting Foreign Direct Investment (FDI) projects in the last months of the year. Vietnam was well able to control the Covid-19 pandemic, has maintained political stability, has an advantage of huge human resources, ...

Deputy Prime Minister Tran Hong Ha chaired the first meeting of the National Steering Committee on the implementation of the Strategy for Sustainable Development of Vietnam’s Marine Economy till 2030, with a vision to 2045. The virtual and in-person meeting connected with officials from 28 ...

The Ministry of Health yesterday organized an offline and online conference at 1,200 locations across the country to summarize and evaluate digital transformation activities in 2023 and deploy the medical sector’s 2024 action plan with the message ‘Connect – Share – Accompany’.In 2023, the National ...

Vietnam officially opened for Foreign Direct Investment (FDI) with the introduction of the Law on Foreign Investment in 1987. The attraction of FDI to Vietnam was significant by 2007 when Vietnam joined the World Trade Organisation. From that time onward, the flow of FDI to ...

The Viet Nam Renewable Energy Summit 2018 (VRES 2018) will take place on March 26 to 28 in InterContinental Nha Trang in the south-central province of Khanh Hoa’s Nha Trang City.For more details, please visit here ...

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A trade representative has called for the construction of more deep-water ports in the Mekong River Delta to save money and time for seafood exporters. Nguyễn Hoài Nam, deputy general secretary of the Vietnam Association of Seafood Exporters and Producers (VASEP), said the move would allow firms to directly ...

The Ministry of Science and Technology on October 31 held a press conference to announce the 2017 national start-up festival, Techfest 2017, which will be held on November 14-15 in Hanoi. The festival aims to facilitate participants in both national and international start-up ecosystems to connect closely ...