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Vietnam Introduces Favorable Tax Policies for Certain Entities
On June 21, the 8th National Assembly of the Socialist Republic of Vietnam approved Resolution No. 29/2012/QH13, aiming to introduce a number of tax policies in order to "resolve difficulties for organizations and individuals."
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A New Wave of FDI into Vietnam
By Rosario Di Maggio Jul. 18 – Although it is still too early to tell, many observers agree that the worst of Vietnam’s economic dip is over, its economy will bounce back in the coming years, and a new wave of foreign direct investment is likely to flow into the country. We can definitely confirm […]
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Clinton’s Asia Tour Provides Boost to Vietnam-U.S. Trade, Relations
Jul. 13 – U.S. Secretary of State Hillary Clinton announced in Cambodia on Friday that the United States will provide five Southeast Asian countries with US$50 million over three years to help out in areas such as healthcare, education, and the environment. Recipients of the aid will be: Cambodia Laos Myanmar Thailand Vietnam
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Vietnam, EU Announce Free Trade Negotiations
By Ian Bhullar Jul. 3 – The announcement of negotiations on a Vietnam-European Union (EU) free trade agreement (FTA) this week is promising for business leaders with interests on the intersection of Europe and the whole of the Southeast Asian region. EU Trade Commissioner Karel De Gucht and Vietnamese Minister for Industry and Trade Vu […]
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Vietnam and China Continue with Fresh Disputes Over South China Sea
Jun. 29 – China and Vietnam are once again feuding over the South China Sea as Beijing fails to make progress with its neighbors on issues of territorial sovereignty in the region. Vietnam recently passed a new law that claims indisputable sovereignty over the Paracel and Spratly islands, to which China quickly expressed outrage. “Vietnam’s […]
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Vietnam’s Key Investment Laws
Jun. 28 – Vietnam has been carrying out economic reforms since 1986, with the encouragement of domestic and foreign private investment as one of its main points of focus. In order to provide an open and stable investment environment, Vietnam has enacted many laws and regulations to establish a framework for investment. Some of the […]
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Vietnam Ranks Coastal Economic Zones
By Tran Que Chi Jun. 14 – Under a classification scheme conducted by Vietnam’s Ministry of Planning and Investment (MPI) in order to prioritize investment, Chu Lai in Quang Nam and Dung Quat in Quang Ngai have been listed as the country’s first-rate coastal economic zones. Mr. Vu Dai Thang, head of the Economic and […]
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Enterprise Partnerships for Development Event Held in Vietnam
By Marco Azzaro Jun. 6 – The Vietnam Business Forum’s “Enterprise Partnerships for Development” event organized by UNIDO and held from May 24 to May 26 in Ho Chi Minh City, has recently concluded. More than 40 Italian companies and associations attended in the three-day event meeting more than 90 Vietnamese partners during 300 business […]
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Vietnam’s Government Promotes Energy Efficiency
By Marco Azzaro Jun. 4 – While foreign and private companies have been allowed to participate in Vietnam’s power sector since 2002, the Ministry of Industry and Trade has issued a formal decision to establish design principles for the implementation of the Vietnam Competitive Generation Market. In particular, the Vietnamese government has signed an important […]
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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.