Follow us on. Economy Industries Companies DataSpeaks. Places Food. Trend Culture Style. Contact Us. All rights reserved. Samsung heir visits Vietnam to discuss possible investment plans. Photo by Reuters. Comments 0. PM calls on Korean investors to expand operations in Vietnam. E-commerce golden pass for logistics. Hoa Phu Industrial Park - The destination of success. Renewable energy projects spur foreign investment surge. New innovation centre to provide grounds for Vietnam 4.
National Assembly set to ratify historic trade deal. Overseas financiers outline obstacles. Foreign investors expand networks in Vietnam. Altus Capital funded to invest in distressed Southeast Asian More FDI to reach southern region.
Foreign firms shift to Vietnam due to US-China trade war. Coca-Cola to build an additional two factories in Vietnam. Banks race to fund green energy projects. Haiphong becomes third largest FDI recipient in year so far. Hau Giang, RoK link up on farm tech. MoIT wants to cut tax for locally produced auto parts. Dong Nai FDI smashes yearly target. Vietnam continues to see net foreign inflows despite global MNC blocks being built.
VCCI proposes eliminating 22 conditional business sectors. Vietnam cuts red tape to attract foreign investment in education. Carlsberg keen on expanding its operations in Vietnam: CEO. Vietnam sees growing inflow from European investors. UAE firms encouraged to expand investment in Vietnam. Lien Chieu seaport urgently seeking investment.
Boom period for Japan investment. Vietnam to open public procurement market for foreign investors. FDI helps fuel forecasts. Uniting with Britain to maximise potential. Apple supplier plans to shift production from China to Vietnam. Policy leverage to direct FDI capital in Vietnam's transport Vietnam to open electricity wholesale market next year.
Nghe An attracts 7. Bac Giang: building firm FDI foundations of industry and tourism. Japanese businesses set sights on Vietnamese port projects. Binh Duong: the leading province for FDI and smart city Smart city summit to boost province. Directing FDI into large transport infrastructure projects. First 35MW solar power plant in Vietnam goes online. ESMO factory granted investment certificate.
Vietnam government to remove foreign ownership cap for public Vietnam to open up telecom market for foreign investors. Vietnam supports foreign investors. Moving towards the next level of FDI. Hong Kong FTA to boost investment. Trade war shifts FDI flows to Vietnam. Vinh Long striving to become best place to invest. Long An reaches out to foreign investors for enhanced growth.
Forging future strategies based on 30 years of FDI. Developing a new strategy for FDI. Vietnam needs improvements to keep popularity among investors. Vietnam has place for investment from US and EU. Geleximco proposes takeover of logistics centre and seaport. Can Tho a major investment magnet. Vung Tau to invest in logistics, port. Binh Duong selected to host 20th World Technopolis Association. Conference on 30 years of FDI attraction to open new era and New rules stymie foreign investors from divestment deals.
Smart agriculture to be aided by PPP. Vietnamese agriculture 4. Vietnam on the radar of Hong Kong investors. Phu Quoc aims to become special economic zone. Japanese Fuki Sangyo proposes high-tech waste treatment project. Vietnam to receive new generation of investors with free trade Changes needed in FDI attraction orientations in 4. Hanoi opens doors to smart city future.
Fate of numerous loss-making projects remains uncertain. Mekong Capital completes final divestment in Minh Hoang garment. Viettel Global to float 2. Ben Tre promotes investments in agriculture. TH Group kicks off giant dairy complex in Russia.
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Lee and Phuc had two meetings in October and November last year when the prime minister called on Samsung to make an investment in a chip plant there. Elon Musk overtakes Bill Gates to become the world's second-richest person New virus cases spike to over again Tourism sector sinking into bottomless pit amid prolonged pandemic 1 killed, 23 injured in Busan apartment fire KOSPI rewrites all-time record on foreign investors' strong net-buying Blinken likely to seek stronger alliance, multilateral approach toward North Korea: experts New US security team unlikely to adopt hardline stance against North Korea Foreign buying spree drives KOSPI's rally 3rd major COVID vaccine shown to be effective, cheaper and easier to store 'After Every Winter Comes Spring' exhibition sheds light on ancestors' pursuit of hope.
Korea's iconic actor Lee Byung-hun untangled. K-pop defies digital trend with growing physical album sales. Will K-pop finally get a Grammy nod this year? November 22, November 20, November 23, November 19, To ensure its place among front-runners in attracting global FDI in the future, Vietnam should prioritize quality over incentives in attracting investment capital, said an ADB expert. Many countries are offering Samsung better incentives than Vietnam, but the South Korean tech giant is still committed to the country, largely thanks to its constantly improving business environment and higher skilled labor forces, according to Mr.
Cuong told the reporter of Hanoi Times in an interview. Samsung previously denied rumors that it was planning to shift part of the smartphone production from Vietnam to India, and affirmed that all production facilities in northern Vietnam are operating as normal. Nikkei Asian Review in August also revealed Samsung are planning to shift production of personal computers and TV from China to Vietnam after having decided to close two plants in Chinese cities of Suzhou and Tianjin. Cuong added.
More importantly, the ADB expert said attracting FDI based on incentives in terms of land and taxes may result in severe consequences, including transfer pricing. Different level of tax incentives between countries in the region could only encourage multinationals to turn to transfer pricing activities, Mr.
Cuong said. Meanwhile, given the already weak linkage between foreign-invested and domestic firms in Vietnam, more incentives for foreign companies would only make it hard for local companies to compete and form a strong bond with their foreign peers. In this regard, Mr. Cuong expected Vietnam to focus on improving the quality of human resources, infrastructure and legal environment, adding these are key factors to attract high qualify FDI projets.
As Vietnam becomes more selective in attracting FDI, the economist suggested the scale of investment projects should not be a matter, but all should be welcomed if they meet criteria of technology transfer, using environmentally friendly technologies and promoting linkages with local enterprises, among others.
The Hanoi Times reported. Cuong asserted. Vietnam Insider is a fast-growing media site with deep finance, enterprise, tech, travel, life and other industry verticals in Vietnam. If you want to share your story, publish a press release or just want to ask something, contact Vietnam Insider via editor vietnaminsider.
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