Vietnam foreign investors upbeat, minor niggles remain: report
Foreign investors in Vietnam have better sentiments and are optimistic about the future, according to a report released Tuesday by the Vietnam's Association of Foreign Invested Enterprises (VAFIE).
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
FDI businesses call for stable power supplies in Vietnam
Foreign-invested companies in Vietnam have expressed concerns over power shortages and called on authorities to provide stable supplies for industrial parks to ensure production.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Citi Vietnam executive elected AmCham HCMC chair for 2024
Ramachandran A.S. (RamC), Citi's country officer for Vietnam, has been elected chairman of the American Chamber of Commerce (AmCham) Ho Chi Minh City for 2024.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
AES Vietnam president elected AmCham Hanoi chair for 2024
The board of the American Chamber of Commerce in Hanoi (AmCham Hanoi) has elected president of energy firm AES Vietnam, Joseph Uddo, as its new chairman for 2024.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
AES, Citi, CocaCola, Dow Chemical, ExxonMobil, Meta win AmCham CSR awards
The American Chamber of Commerce (AmCham) has recognized 33 members for carrying out high quality, sustainable corporate social responsibility (CSR) programs in Vietnam.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Power shortages unallowable in any case: PM Chinh
Vietnamese Prime Minister Pham Minh Chinh has instructed government agencies not to allow a repetition of power shortages under any circumstances in the year ahead.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Legal bottlenecks still cumbersome, FDI reps tell PM
Administrative procedures continue to be time-consuming and approval processes cumbersome, creating hindrances and slowing down investment projects in Vietnam, foreign business representatives complained Monday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
President Biden’s Vietnam visit to witness deals worth billions of dollars
A spate of deals and agreements potentially worth billions of U.S. dollars are poised to be announced during President Joe Biden’s two-day visit to Hanoi starting Sunday, Vietnam’s ambassador to the U.S. Nguyen Quoc Dung has told the press.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Firms in Vietnam adopt sustainable practices, grip onsite renewable energy
Companies in Vietnam are incorporating sustainable practices into their operations, advancing the adoption of renewable energy sources for their manufacturing facilities.
Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Foreign drug firms expect further business improvements in Vietnam
Executives of foreign drug companies in Vietnam have proposed to Prime Minister Pham Minh Chinh legal and administrative improvements to make the market more attractive to foreign investors.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
AmCham exec plans to drive clean energy, digital economy and wellness
Gregory Testerman was in January elected chairman of AmCham Vietnam in Ho Chi Minh City for 2023. The Investor talks with him about what he will do to implement the chamber's missions.
Executive Talk - Mon, Dec 22, 2021 | 11:30 am GMT+7
Cost-based incentives should offset global minimum tax-related preference losses: EuroCham, AmCham
EuroCham and AmCham have recommended the Vietnamese government introduce cost-based incentives to offset losses of corporate income tax (CIT) preferences due to the adoption of the Global Minimum Tax (GMT).
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Special consumption tax on sugary drinks not suitable: business associations
Applying a special consumption tax (SCT) on sugary drinks is not suitable, EuroCham, AmCham, and the Vietnam Beer-Alcohol-Beverage Association (VBA) have said in response to a draft amended law.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam to encourage direct power purchase agreements: prime minister
Vietnam is piloting a direct power purchase scheme and is planning to encourage its application, said Prime Minister Pham Minh Chinh.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam eyes FDI in green growth, digitalization: association
The annual report on FDI in Vietnam 2022, released by the Vietnam Association of Foreign Invested Enterprises (VAFIE) on Friday, highlights challenges and opportunities for the country in attracting FDI in green growth and digitalization.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
HCMC pledges to speed up business licensing
Ho Chi Minh City has pledged to speed up the issuance of business licenses in cases where ministerial authorities have delayed the process, said mayor Phan Van Mai.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Former banker Testerman becomes AmCham HCMC chairman
Former banking executive Gregory Testerman has been elected chairman of the board of governors at AmCham Vietnam in Ho Chi Minh City for 2023.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam economic recovery fast, impressive: international agencies
Vietnam is on a growth trajectory with stable macro-economic fundamentals, signalling bright prospects for FDI attraction even amidst global geopolitical turbulence.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
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Korean chaebol SK okayed to study investment in central Vietnam LNG-to-power plant
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Vietnam gov’t irons out incentives for rooftop solar development
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Citibank, ING lend PV Power $300 mln to develop Vietnam's first two LNG plants
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Vietnam deposit interest rates pick up after year in hibernation
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Multinational home tool firm Techtronic to invest $650 mln in Vietnam