Highlighted features of Vietnam’s investment law under a new Government decree

Highlighted features of Vietnam’s investment law under a new Government decree, Vietnam’s investment law under a new Government decree, Vietnam's investment law, new Government decree on Vietnam's investment law

(Published on Vietnam Law Magazine). As one of the countries successful in the control of the Covid-19 pandemic, Vietnam is considered one of the safe environments for foreigners to consider their investment. Taking advantage of that opportunity, Vietnam has changed and improved its policies to attract more foreign direct investment (FDI) into the country, typically…

The Draft Decree on industrial parks and economic zones management in Vietnam

Draft-Decree-on-industrial-parks-and-economic-zones-management

The Ministry of Planning and Investment is collecting comments from the people on a draft Decree to replace Decree No. 82/2018/ND-CP of the Government regulating the management of industrial parks and economic zones. By the end of April 2021, there are 575 industrial parks nationwide in the master plan on development of industrial parks in…

The Ministry of Finance responds to the proposal to adjust taxes on real estate in Vietnam

taxes-on-real-estate

The field of real estate has a great impact, many technical contents require the participation of many ministries and local branches. Therefore, the tax policy for real estate needs to be studied and evaluated carefully before submitting to the competent authorities for promulgation at an appropriate time to ensure feasibility, high consensus, and contribute to…

Many EU businesses have their intellectual property rights violated when investing in Southeast Asia

EU-businesses-IP-rights-violated

Protecting intellectual property rights is a very important key when operating abroad. OECD research shows that SMEs with intellectual property rights generate 68% more revenue per employee than SMEs that do not own any intellectual property. Southeast Asia is a promising destination for the European Union’s (EU) small and medium-sized enterprises (SMEs), thanks to open-door…

Restrictions on Foreign Real Estate Investors in Vietnam

Foreign-Real-Estate-Investors-restrict

Real estate in Vietnam is one of the fields that many foreign investors are interested in. However, this activity is being restricted by many current laws. There are two business activities that foreign investors are not allowed to do while domestic investors are still able to do so. First, foreign investors are not allowed to…

Foreign investment capital into Vietnam reached 12.25 billion USD

Foreign-investment-capital

In the first 4 months of 2021, the total foreign investment capital into Vietnam reached 12.25 billion USD. (99.3% compared to the same period in 2020) Data from the Foreign Investment Agency, as of April 20, 2021, the total newly registered capital, adjusted and contributed capital to buy shares of foreign investors reached 12.25 billion…

The Vietnamese logistics market is in danger of falling into foreign businesses

vietnamese-logistics-market

Currently, 80% of the market share of logistics is in the hands of foreign enterprises. If Vietnamese companies do not apply digital transformation soon, the risk of losing the rest will be lost. This warning shot was given at the conference on developing the logistics market for Vietnamese businesses, on April 20. According to Agility’s…

Vietnam welcomed nearly $21.3 billion of FDI from CPTPP countries

FDI-from-CPTPP-1

Foreign direct investment (FDI) capital from CPTPP member countries in 2019 and 2020 reached nearly $ 21.3 billion. Singapore and Japan are the countries with the largest investment. The 2-year report on the implementation of the Comprehensive Progressive Trans-Pacific Partnership (CPTPP), an assessment from an enterprise perspective conducted by VCCI shows a specific picture of…

Vietnam Economy 2021: prospects and potential risks

Vietnam Economy 2021: prospects and potential risks, Vietnam Economy 2021

The IMF raised its forecast of global economic growth to 6%, showing a bright outlook for the world economy in 2021. That will certainly have a positive impact on Vietnam’s economy. It is also important to reiterate that this is the highest growth rate since the 1970s, mainly due to the unprecedented policies of countries…

Investing in farm stay after considering project legislation in Vietnam

invest-in-farm-stay

“New model with super profit”, “safe and high profit” … are the good words used by brokers when calling for investment in farm stay projects recently. Starting to appear in mid-2019, this model is explained by many brokers as a “hybrid” product, combining farm (farm) and homestay (local accommodation). The trendy and flexible investment model…

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