News

Bright future for Vietnam’s foreign investment attraction: insiders

Vietnam’s foreign direct investment (FDI) attraction has seen signs of recovery after continuous declines over the past six months, becoming a driving force for the country’s economic growth in the medium and long term, said insiders. It is noteworthy that a lot of localities are ...

Global minimum tax: opportunity for expediting policy reform, int’l integration

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 ...

Improving FDI quality, quantity crucial for Vietnam: Insiders

Amid the slowing down of the global investment flows, experts held that improving both quality and number of foreign investment projects is a heavy task for Vietnam, requiring great efforts from the Vietnamese Government to fulfil the “dual targets”.According to the Foreign Investment Agency under ...

Analysts: Vietnam needs to prepare for global minimum corporate tax

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 ...

Anh Tuyet

FDI attraction amidst global minimum tax policy

Foreign direct investment (FDI) has been rising strongly even though global economic uncertainties have negatively affected this capital flow. Many factors are taking a toll on FDI activity and Vietnam can hardly stay unscathed.It is assumed that foreign investors choose Vietnam as an FDI destination ...

Phan Dinh Manh

Concern over global minimum tax

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 ...

Quoc Hung

Green economy needs no rush

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 ...

Hoang Hanh, Thanh Tam

Annual report on foreign investment for 2022 released in Vietnam

The 2022 annual report of foreign investment in Vietnam was announced at a ceremony in Hanoi on March 10.The report is authored by Prof., Dr. Nguyen Mai – President of Vietnam’s Association of Foreign-Invested Enterprises (VAFIE), with reference to documents of many prestigious international organisations ...

Vietnam must prepare for new wave of investments

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, ...

The disillusionment about FDI and the middle-income trap

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 ...

Tran Thuy

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