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If enterprises do not follow the principle of late payment penalty, the enterprises will abuse the value-added tax refund (VAT) until being forced to re-pay. Recently, the Vietnam Association of Seafood Exporters and Producers (VASEP) reflected that enterprises exporting seafood products are entitled to VAT refund. However, after a while, because for some reason, the…
30
Apr
Apr
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…
27
Apr
Apr
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…
16
Apr
Apr
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…
09
Apr
Apr
The Washington Times has launched a special report on FDI in Vietnam by an interview with Managing parter of ASL LAW, Lawyer Pham Duy Khuong. Vietnam’s impressive management of the Covid19 pandemic and the fact that the ASEAN region becomes an important part of the global economy, are drawing increasing interest from American investors for…
08
Apr
Apr
(Published on Vietnam Investment Review). With the rapid development of digital platforms in the era of Industry 4.0, many companies have been established such as Grab, Now, and GHN Express, which create convenience for customers and jobs for millions of people in Vietnam. And there have already been plenty of people making money working on…
07
Apr
Apr
What is FDI? FDI is a form of capital transfer of one country through different methods into another country to conduct profitable business activities. There are two forms of foreign investment, direct and indirect. According to Vietnamese law, FDI includes the following factors: Capital contributors are foreign organizations and individuals or overseas Vietnamese. Investment capital…
22
Apr
Apr
Attracting FDI is activities and policies of the government, business community and the population to promote, support and encourage investors to invest capital for the development purposes. The essence of attracting investment capital is to increase the attention and interest of investors, thereby shifting investment flows into the locality or industry. Supplementing the domestic capital…
29
Mar
Mar
When the industrial land rents continue rising, there are still some investors making investment decisions in Vietnam. Land rental is not a problem Land rental is important, but it is only the factor that the tenant/project investor must pay fixedly once, or annually during the agreed leasing cycle. It is not the key factor for…
30
Mar
Mar
Development capital investment in Vietnam is not only the physical factor that directly determines economic growth. Its huge role needs to be identified in many ways. Capital investment – a decisive factor for growth Investment capital is the physical factor that directly determines economic growth. Basically, in the periods where the overall social development investment…
