Established in 1998, Hanoi’s Hoa Lac High-tech Park was Vietnam’s first high-tech park and is currently the country’s largest. Find out more about what the benefits of operating in the park include and when investors are eligible for these incentives.
In this week’s Vietnam Regulatory Brief we discuss the details of new specialist tax exemptions and highlight issues surrounding Hanoi’s plans to issue international driving permits.
In Partnership with Indochina Research, this edition of Vietnam Briefing discusses recent survey data on awareness and support levels for TPP among the Vietnamese population. Read more for detailed insights on the demographics and regional distribution of these figures.
Vietnam’s rapid pace of integration into global commerce is likely to yield unparalleled opportunities and record foreign investment in the near to medium term. The following article outlines key findings from some of the first FDI data released by the Vietnamese Ministry of Planning and Investment
According to a plan released by Vietnam’s Ministry of Finance, the Ho Chi Minh Stock Exchange (HOSE) and the Hanoi Stock Exchange (HNX) are likely to be merged at the end of this year. If completed, the new Vietnam Stock Exchange (VSE) will be headquartered in Hanoi, although it will also have a southern branch in HCMC.
Vietnam’s capital, Hanoi, has implemented a plan to reduce the time needed to obtain a Business Registration Certificate to within three days of receiving the application, instead of the previous 10 days. Although this change will only initially apply to Vietnamese enterprises, the definition of Vietnamese enterprises was changed recently to allow them to have foreign ownership. Hanoi is the first city in the country to implement this program.
Last Sunday, in Lao Cai’s Bao Thang District, Vietnamese government officials announced the opening of a 245 kilometer expressway. The expressway, which is the longest in Vietnam, stretches from Hanoi’s Noi Bai through the provinces of Vinh Phuc, Phu Tho, and Yen Bai finally ending in Lao Cai. Now that the road is open to traffic, the travel time between Hanoi and Lao Cai has been cut in half.
On June 17, 2014, the Netherlands-Vietnam energy forum was held in Hanoi. The forum discussed the effective implementation of a 2011 memorandum of understanding (MoU) signed between both countries.
Vietnam’s capital Hanoi and its economic center Ho Chi Minh City have both reported positive economic numbers for the first four months of 2014. April has proven to be a particularly auspicious month for both cities.
Hanoi’s successful bid for the 2019 Asian Games has created a heated discussion on the merits of the proposed organization plan and its economic benefits.