Vietnam looks to support FDI firms as global minimum tax looms
The move is aimed at attracting foreign capital from future investors and protecting existing businesses.
The move is aimed at attracting foreign capital from future investors and protecting existing businesses.
Vietnam remains an appealing option for investors looking to diversify their supply chains.
Among Vietnam cities, Hanoi is considered one of the most important destinations for investors, with a great talent pool and developed infrastructure.
According to planning for 2030, Hanoi and nine other provinces and cities would form a super metropolitan area. In this context, the eastern area would become a busy commercial center in the entire region.
Being the second largest investor in Vietnam, Singapore is well-positioned to do business with the country in the electronics sector.
The construction of the runway and passenger terminal should start in the 2024-2025 period.
Despite the challenging global economic environment, Hanoi has been creative in promoting investment facilitation programs and accompanying businesses in their recovery efforts from severe Covid-19 impacts.
The US company wishes to build Vietnamese enterprises into its suppliers.
The R&D center in Hanoi, scheduled to be completed by late 2022, would be Samsung’s major R&D hub not only in Vietnam but also the whole of Southeast Asia.
The Vietnamese Government recognizes that tech startups are the new engines of growth for the country.
Vietnam was listed among the top 20 foreign direct investment (FDI) recipients in 2021.
Office, industrial, and project development land account for 39%, 35%, and 26% of the total invested capital in Vietnam, respectively, in the first six months of 2022.
The high complementary nature of the two economies has laid the foundation for both to significantly boost economic, trade, and investment cooperation over the years.
The Vietnamese Prime Minister expected the JBIC to provide Vietnam with policy consultation, capital, technologies, human resource, and corporate governance experience so that the country could develop the energy transition sector.
It is imperative to keep an eye on international competition in industrial property and logistics, as the sector is booming worldwide.
The Business Climate Index is the leading indicator of the European business and investment community in Vietnam.
Vietnam expects to create the utmost favorable environment for foreign companies to be successful in the country.
Vietnam remains a favorite destination for foreign firms seeking to shield from a combination of geopolitical tensions, rising operational costs thanks to the country’s strong economic performance in recent years.
The establishment of a representative office of CT Group, the first representative office among Vietnamese corporations in Israel.
Political stability, availability of skilled workers in technical and non-technical fields, and adequate transport and logistics infrastructure are factors attracting German companies to Vietnam.
The unique combination of Singapore, Indonesia and Vietnam’s strengths can help innovate and accelerate growth.