Samsung willing to pay more under global minimum tax scheme in Vietnam

Samsung willing to pay more under global minimum tax scheme in Vietnam

South Korean conglomerate Samsung stands ready to pay more taxes in Vietnam in line with the Global Minimum Tax (GMT) roadmap, Dong Thi Hong Anh, chief accountant of its Vietnam operations said Tuesday.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

VAFIE to maintain core strength focus – offer policy advice, facilitate economic ties

VAFIE to maintain core strength focus – offer policy advice, facilitate economic ties

The Vietnam's Association of Foreign Invested Enterprises (VAFIE) will continue participating in policy and law building activities and facilitating multilateral economic relations, its executive committee said at a review meeting Tuesday.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam FDI sector posts $1.57 bln first fortnight trade surplus

Vietnam FDI sector posts $1.57 bln first fortnight trade surplus

Foreign-invested enterprises in Vietnam recorded a trade surplus of $1.57 billion in the year to January 15, including crude oil, the General Statistics Office (GSO) reported Monday.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

VAFIE to advance dissemination work, make policy recommendations

VAFIE to advance dissemination work, make policy recommendations

The Vietnam’s Association of Foreign Invested Enterprises (VAFIE) will continue contributing to the national task of updating legal frameworks, disseminating trade-investment information, and making policy recommendations.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam FDI sector posts $43.49 bln trade surplus in 11 months

Vietnam FDI sector posts $43.49 bln trade surplus in 11 months

Foreign-invested enterprises in Vietnam recorded a trade surplus of $43.49 billion in the year to November 15, according to the General Statistics Office.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam Social Security launches social insurance app in Japanese

Vietnam Social Security launches social insurance app in Japanese

Vietnam Social Security (VSS) launched a Japanese language version of its social insurance mobile app the VSSID on Tuesday as part of the 50th anniversary of Vietnam-Japan ties.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Post-tax profits of FDI firms in Vietnam fall 2% to $15.8 bln in 2022

Post-tax profits of FDI firms in Vietnam fall 2% to $15.8 bln in 2022

Post-tax profits of foreign direct investment (FDI) firms in Vietnam fell 2.1% year-on-year to VND386.67 trillion ($15.8 billion) in 2022, said Deputy Minister of Finance Cao Anh Tuan.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam’s FDI sector posts $34 bln trade surplus in 8 months

Vietnam’s FDI sector posts $34 bln trade surplus in 8 months

Foreign-invested enterprises (FIEs) in Vietnam recorded a trade turnover of $301.36 billion, including crude oil, resulting in a trade surplus of $34.21 billion in the first eight months of this year.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Labor strikes hit 20 FDI firms in Q1

Labor strikes hit 20 FDI firms in Q1

Vietnam recorded 23 labor strikes in the first quarter of this year, down from 64 in the same period of 2022, including 20 at foreign-invested enterprises in the southern region.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

55% of foreign-invested firms report losses in 2021: finance ministry

55% of foreign-invested firms report losses in 2021: finance ministry

As many as 14,293 foreign-invested enterprises, or 55% of the total, reported losses of VND168,330 billion ($7.18 billion) in 2021, according to the Ministry of Finance.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Foreign firms in Vietnam record $41.9-bln trade surplus in 2022

Foreign firms in Vietnam record $41.9-bln trade surplus in 2022

Foreign-invested enterprises (FIEs) in Vietnam posted a trade surplus of $41.9 billion in 2022, while the country’s trade surplus reached $11.2 billion, according to the General Statistics Office.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

VAFIE commits to stronger support for business community

VAFIE commits to stronger support for business community

Vietnam’s Association of Foreign-Invested Enterprises, or VAFIE, will continue its contributions to the improvement of institutions, policies and laws, and propose solutions to support businesses in 2023.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Air freight to prompt foreign production shift to Vietnam: aviation executive

Air freight to prompt foreign production shift to Vietnam: aviation executive

Major foreign-invested enterprises will move their original equipment manufacturing (OEM) facilities to Vietnam if air freight is operational in the country, said Le Hong Thuy Tien, CEO of IPP Air Cargo.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7