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SEZs

88-storey tower complex plan in Van Don economic zone passed

88-storey iconic tower complex with over 3,000 rooms has become the highlight of the Heritage Road project which has just been approved.

Draft Law on SEZs potentially remains to be put on hold

It is highly likely that the draft Law on Special Administrative-Economic Units will not be approved in the next meeting session of the National Assembly in November this year.

Real estate transactions freeze in Van Don and Bac Van Phong

After the National Assembly of Vietnam halted passing the draft law on Special Economic Zones, almost all real estate transactions in Van Don and Bac Van Phong froze with investors and estate agents withdrawing from the market.

Decision to suspend draft law on SEZs turns out to be a praiseworthy move

According to Dr. Nguyen Duc Thanh, the current draft law on Special Administrative-Economic Units has failed to do the single most important thing which is to create breakthroughs in the business environment and administrative institutions.

Draft law on SEZs still on suspension despite land lease term of 99 years guaranteed to be shortened

The recently overheated matter of a land lease term of 99 years applying at special economic zones on a trial basis has been affirmed to be shortened but the draft law on Special Administrative-Economic Units remains not to be approved in this plenary session of the National Assembly.

Foreign owners of casino projects are shaping fledgling gaming industry

In the context of a thriving tourism industry with a rapid growing number of international visitors, the emerge of big casino business service projects owned by Banyan Tree Holdings, Suncity or Las Vegas Sands is one of the crucial strategy to harvest from overseas tourists.

Special economic zones: Beware of past failures

Despite generous investment incentives, formerly-established open economic zones in Vietnam are still ineffective and cannot become a new engine for growth.

Tax incentives can exacerbate risk of tax losses from transfer price of businesses in the SEZs: Oxfam

Vietnam National Assembly and the Government should carefully review tax incentives in future special economic zones to avoid budget losses and negative socio-economic impacts, according to Nguyen Thu Huong, senior manager of Oxfam.

Experts raise concerns over unprecedented incentives in draft law for SEZs

Economist Pham Chi Lan said that providing incentives for too many fields in special economic–administrative zones would increase the tax inequality for businesses.

Casino service in SEZs is drafted to enjoy special consumption tax of 15 percent

On May 23, the draft Law on Special Administrative and Economic Zones was discussed by the National Assembly, in which the casino business service in the Units is expected to enjoy a special consumption tax incentive of 15 percent for the first ten years if approved.

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Revitalizing Van Don: A new attraction in Vietnam's tourism landscape

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