The Ministry of Planning and Investment proposes that banks or credit institutions headquartered in international financial centres are not subject to foreign ownership restrictions or foreign investment conditions, when providing services in the centres or cross-border services
As Việt Nam is strongly attracting foreign investment, especially from large multinational corporations, the application of IFRS will streamline the corporations’ financial reporting processes, enabling seamless integration with their global operations.
The VSA proposed some recommendations to the Ministry of Industry and Trade to adjust the draft Power Planning Adjustment Project VIII related to biomass power.
According to the proposed amendments to the Law on Enterprises, employees who are scientists will be permitted to establish and oversee businesses dealing with researched scientific products.
After years of steady increases, townhouse owners in HCM City have recently started reducing rentals for their properties.
Concerted efforts are needed for the pepper industry to tackle challenges such as climate change, rising consumer demand and lower global production, speakers said.
Of the total investment, VNĐ107 billion came from the city's science and technology budget, VNĐ11 billion from central Government funding and VNĐ22 billion from other sources.
Priority will be given to projects that aim to improve the local marine economy by developing renewable energy, coastal tourism and marine services.
The Lao Bảo Special Economic and Trade Zone will play an important role in establishing a Việt Nam-Laos cross-border trading area.
Amidst the global trend of sustainable development and responsible business, it has become critical for enterprises to incorporate environmental, social and government (ESG) practices into their operations to better integrate with the world market and gain a competitive edge, a workshop has heard in HCM City.
The European Chamber of Commerce in Việt Nam (EuroCham) has urged the Government to maintain this policy until a formal legal framework is established, ensuring a stable business environment for enterprises.
Market breadth remained relatively balanced, with 157 gainers compared to 158 decliners.
The draft decree has significantly tightened three categories of administrative procedures and introduced some unreasonable regulations, potentially creating new bottlenecks for production and business operations, according to EuroCham.
Bình Định Province aims to increase wood export value to US$1.5 billion this year.
Hải Phòng now hosts over 1,000 foreign direct investment (FDI) projects from investors across 40 countries and territories.
In addition to growth drivers such as exports and consumption, raising capital is the key for Việt Nam to achieve the growth target of 8 per cent this year.
Foreign players have developed and expanded rapidly through new investments and mergers and acquisitions
Shinhan Life Việt Nam officially launched its new regular premium universal life product under the commercial name Universal Life Product Shinhan – An Thịnh on March 3.
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