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Regional Spotlight: Vietnam’s Southeast (Ho Chi Minh City)
Jul. 18 – Home to Ho Chi Minh City (HCMC), Vietnam’s largest city, the Southeast region has long been a focus of the country’s foreign investment inflows thanks to its impressive growth fueled by a massive energy sector and a thriving manufacturing sector. HCMC is also Vietnam’s commercial center, and accounts for a large share […]
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Vietnam Boosts Infrastructure Projects
Jun. 21 – This week, the Ho Chi Minh City (HCMC) Infrastructure Investment Joint-Stock Company (CII) announced that it will issue VND1 trillion worth of bonds to be used as funds for infrastructure projects in the city – specifically for the upcoming Saigon 2 Bridge project. The Saigon 2 Bridge project is estimated to cost […]
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Construction Continues on Vietnam’s Thu Thiem New Urban Area
May 16 – Construction began last month on four main roads in the Thu Thiem New Urban Area, a development located near the heart of Ho Chi Minh City (HCMC). Construction of the Thu Thiem New Urban Area has been steady, with 99 percent of the seven square kilometer area already cleared, with the adjacent […]
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Regional Spotlight: Red River Delta (Hanoi)
May 7 – The Red River Delta constitutes the industrial heart of Vietnam and is one of the richest and most developed regions in the country. Hanoi, Vietnam’s capital city, dominates in terms of foreign investment and gross industrial output. It is also home to many manufacturing plants for big international names like GM, Nokia […]
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FDI on the Rise in Vietnam
Apr. 26 – During the first four months of 2013, Vietnam attracted newly registered and additional foreign direct investment (FDI) capital worth over US$8 billion. The capital was injected into projects throughout 18 different sectors, with the processing and manufacturing industries topping the list, followed by the property, wholesale and retail sectors. Of this, US$4.9 billion of […]
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Da Nang Offers Massive Tax Incentives for Dutch Businesses
Da Nang City is calling for foreign investment in its hi-tech park by promising attractive incentives.
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Upcoming Vietnam Trade Fairs and Exhibitions
Oct. 30 – The coming month in Vietnam will bring in a fresh set of trade fairs, shows, expos, and exhibitions to try and satiate the growing demand for new business in the country. A sampling of November’s key events can be found below. Vietnam International Shop and Franchise Show 2012 When: November 1-3, 2012 […]
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Vietnam’s Regions and Key Economic Zones
Vietnam is composed of 63 provinces and five centrally-governed cities, which stand on the same administrative level as provinces (namely Hanoi, Ho Chi Minh City, Can Tho, Da Nang and Hai Phong). The General Statistics Office of Vietnam further groups these provinces and cities into eight regions with three key economic zones.
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Foreigners Eligible for VAT Refund When Leaving Vietnam
Apr. 30 – On April 12, 2012, Vietnam’s Ministry of Finance promulgated Circular No.58/2012/TT-BTC to guide the implementation of Decision No. 05/2012/QD-TTg dated January 19, 2012 on implementing a pilot project allowing VAT refunds for foreigners departing Vietnam from Noi Bai International Airport in Hanoi or Tan Son Nhat International Airport in HCMC. Foreigners who […]
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Dezan Shira & Associates and the Roadshow ‘Italy – Vietnam’
Apr. 25 – The Roadshow “Italy – Vietnam” that was held in Italy between March 26th and March 30th in Milan, Bologna, Padova and Pesaro has been important for both parties involved. It helped Italian entrepreneurs increase their knowledge about Vietnam (boasting the 13th largest population in the world and one of the highest GDP […]