Region

Five signs of Vietnam’s increasing global relevance

Mar. 21 – Although the VN-Index has just plunged 15 points, and soaring inflation continues to plague consumers and suppliers alike, several recent developments point to Vietnam’s growing global clout.

New amendment will broaden foreign distribution of goods

Mar. 19 – Deputy Minister of Industry and Trade Le Danh Vinh has revealed a move to expand foreign business trade and distribution rights.

The expansion would be granted through an amendment to a circular regulating foreign business and investment in Vietnam. Currently, the circular permits foreign companies and importers only one national distributor for any merchandise in a given category of products. The restriction has drawn criticism from the European Commission.

Vietnam passes China to become most attractive destination for FDI

Vietnam has exceeded China to become the most attractive destination for investment in production while the United Arab Emirates surpasses India to become an ideal place for investment in services, according new survey of emerging markets by Price Waterhouse Coopers.

According to The Sunday Times, the index assesses 20 prominent emerging-market locations on the basis of “reward” factors, including production costs, size of market, taxes, transport costs and tariffs, and “risk” factors, largely defined by bond-market risk premiums.