As competition to attract foreign investment between provinces is getting tougher, false information given has become a scorching issue hurting investors who are looking to invest in these destinations.
Vietnam remains one of the most favored destinations for foreign investment in Southeast Asia, especially in the field of real estate largely due to the country’s friendly policies encouraging foreign direct investment, its political stability and strong economy.
Some localities are temporarily halting condotel projects to await the government's clear policies and we will submit the clear legal basis in this matter to the government to support investors, according to deputy head of Real Estate Market and Housing Management Agency Nguyen Manh Khoi.
Vietnam has established itself as one of the brightest manufacturing hotspots within South East Asia partly due to the relocation of Chinese companies to Vietnam, according to JLL.
According to Ph.D Le Dang Doanh, Vietnam needs a strong institutional change and supports for creative startups or it would lose a lot of resources.
The reform process of the tax policies related to real estate has recently encountered with adverse reactions from the public opinion as it is expected to create the barriers for businesses in this area.
In a short interview with TheLEADER, Bang Hyun Woo, deputy general director of Samsung Electronics Vietnam, confirmed that raising the localization rate in Vietnam was one of Samsung's policies in next years.
Nearly all National Assembly members agreed to apply new regulations for Hochiminh City (HCMC) on a pilot basis, but doubts remain over property taxation.
.JPG)
Preferential policies related to land, land-attached assets in the draft Law on Special Administrative-Economic Units (hereinafter referred to as special economic zones - SEZs) has provoked different controversies.
New ride-hailing apps such as Uber and Grab are coming under criticism from traditional taxi companies in Vietnam, who claim that tax policies give them preferential treatment.
Macro mechanisms and policies are the main factors causing the Viet Nam Feature Film Studio (VFS) to face a crisis that could lead to its dissolution.
Supportive policies on green vehicles have been set out in the law since 2008; however, the actual number of these imported and exported vehicles are very humble.
Hospitals are overloaded, a series of infuriating cases related to medical ethics have been disclosed while public-private partnership (PPP) investors who socialize hospitals are tiredly waiting for the state to impose appropriate policies.
Vietnam has become one of the most attractive destinations of foreign investors thanks to its political stability, strong economy and the government’s policies, according to a high profile foreign consultancy firm.
