Several local investment promotion agencies still lack a lot of information on investment appraisals and the current assessments of provinces are mainly based on personal experience rather than following a standard.
Growing foreign direct investment and a move up the value chain mean Vietnam’s industrial real estate sector has an optimistic future, according to Savills Vietnam.
Despite the growth in FDI inflow in recent year, there is a growing realization that Vietnam requires breakthrough reforms to compete for higher quality streams of FDI.
Inspections and audits have become more confrontational and aggressive, giving rise to concern from foreign investors about the tactics and transparency, according to foreign observers.
The Ministry of Finance has sent an official dispatch to the Ministry of Planning and Investment on the plan to inspect implementation of financial mechanisms on five large FDI real estate firms in 2018.
The linkages between domestic and foreign direct investment (FDI) business have not been as good as expected, even weaker than Laos and Cambodia, resulting in a low development of supporting industries and technology transfer.
The total amount of foreign investment capital including new registration, increase adjustment and contribution for shares purchase deals reached $20.33 billion, an increase of 5.7 per cent compared to the same period in 2017, based on the latest report of the Foreign Investment Agency (FIA).
While Vietnam has made great progress in reducing tariffs, there remains significant potential to reduce trade costs through rationalization of non-tariff measures or specialized controls, more efficient border management and logistics.
The $350 million-textile and dyeing project in Vinh Phuc province has been advised not to be given official permission by scientists and experts due to risks of environmental pollution.
The miracle economic growth of Vietnam is driven by exports, foreign direct investment (FDI), and manufacturing growth, according to a recently released report of Grant Thornton Vietnam on Vietnam Private Equity - Growth Prospects.
Publication permit No. 348/GP-BTTTT dated July 19, 2017, granted by the Ministry of Information and Communications of the Socialist Republic of Vietnam
Editor-in-Chief: Nguyen Cao Cuong
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