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President of VCCI: 'The FDI man has been in Vietnam for 30 years and still cannot marry local businesses in Vietnam'

Vu Tien Loc affirmed that over the past years, the reform of Vietnam business environment and the implementation of free trade agreements have created breakthroughs but the spillover of foreign direct investment (FDI) is still very low.

Synchronization amongst provinces in FDI promotion is still missing

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.

Opportunities arise in Vietnam's industrial and logistics real estate markets: Savills

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.

Officials scratch head over new national approach to boost FDI

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.

Vietnam's tax audits are reassessments: Foreign expert

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.

Ministry of Finance undertakes inspection on five large FDI real estate firms

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.

Weak linkages between domestic and FDI businesses still exist

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.

FDI capital hit $20 billion in six months

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).

Reducing trade costs can improve Vietnam's competitiveness in the ASEAN region

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.

TAL Group's textile and dyeing project may not be licensed due to alleged pollution

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.

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