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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.

Land price hike over 100 times leads to controversial decision on land transaction suspension in SEZs

Local authorities are enforcing orders to temporarily cease the transfer, conversion of land use purpose and modification of land ownership after a dramatic increase in land prices in the future special economic zones (SEZs) such as Van Don, Phu Quoc and Northern Van Phong.

Unexpected consequences of land fever in special economic zones

The land fever in special economic zones may put investors at risks, cause problems for land clearance, and even reduce the appeal of those zones to strategic investors.

Real estate industry groups advocate legal reforms to attract foreign investors

Allowing foreigners to own resort properties will be a catalyst for the real estate market in Vietnam.

Stock indexes
980.95 18.79 1.95
Volume: 154,067,059 Value: 3,986.83 (Billions VNĐ)
112.11 1.53 1.38
Volume: 35,954,570 Value: 521.64 (Billions VNĐ)
52.02 0.34 0.66
Volume: 26,598,371 Value: 392.03 (Billions VNĐ)
966.86 21.75 2.3
Volume: 39,846,540 Value: 1,695.1 (Billions VNĐ)