Other Briefings
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.
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 […]
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 […]
Opportunities in Vietnam’s New Industries
By Tran Que Chi Mar. 9 – Vietnam’s food processing, software and environmental technology sectors have been labeled as new industries with great potential. Hanoi, Ho Chi Minh City and the Central Highlands in particular have been identified as future centers for the food processing industry, with Da Nang, Hanoi and HCMC expected to become […]
Exporters Urged to Increase Focus on Germany
Dec. 29 – There is still much potential in the German market for Vietnamese exporters to explore, said participants in a conference held in Ho Chi Minh City on Tuesday. While Germany has grown into one of Vietnam’s major trading partners since 2007, the current export volume to the European country is still modest compared […]
Germany-Vietnam Investment Cooperation
Germany now Vietnam’s largest EU trading partner Nov. 3 – In 2010, bilateral trade between Vietnam and Germany reached US$4.1 billion, showing substantial development since the two countries set up diplomatic agreements on September 23, 1975. The mutual understanding between Vietnam and Germany has been further strengthened through maintaining trustworthy partnerships and a political consultation […]
Vietnam Attracting More FDI Projects
Aug. 22 – In the first seven months of this year, Vietnam, with 43 cities and provinces, attracted 651 additional foreign direct investment projects. The top cities and provinces are: Hai Duong (northern province) Total capital of US$2.47 billion = 32.4 percent of the county’s total registered foreign capital
Ho Chi Minh City Committed to Improving Investment Environment
May 18 – Nguyen Trung Tin, the Vice Chairman of the Municipal People’s Committee of Ho Chi Minh City, has pledged to create more favorable conditions for investors to develop their business in Vietnam’s biggest city. Speaking at a seminar held on April 26 in the city titled “Evaluation and Solutions to Improve HCMC’s Investment […]
Vietnam to Invest in Water-Related Infrastructure
Mar. 31 – Vietnam’s government aims to boost the nation’s shipping volume by more than 400 percent over the next 10 years by investing heavily in its ports. The emergent Southeast Asian economy is channeling billions of dollars into building ports for container ships in a move to draw export-oriented industry from China.
Vietnam Opens Its First Commodity Exchange
Jan. 14 – Licensed last year by the Ministry of Industry and Trade (MoIT), Vietnam’s first commodity exchange became operational on January 11 in Ho Chi Minh City. The Vietnam Commodity Exchange (VNX), with a registered capital of US$7.5 million, is allowed to exchange all types of commodities under MoIT regulations. According to its general […]
