DANANG MAINTAINS FAVOURABLE POSITION AS MAGNET FOR FOREIGN-INVESTED ENTERPRISES
As the central city of Danang continues to be an attractive destination for foreign-invested enterprises, the city is expected to see more scrutiny on transfer pricing from local tax authorities and rising demand for related consultation services.
HANOI TO TIGHTEN TRAVEL REGULATIONS FROM SEPTEMBER 8
Hanoi will tighten the check of travel permit from September 8 as part of efforts to ensure strict implementation of social distancing measures to prevent the spreading of COVID-19 pandemic.
LONGER-TERM FDI STRATEGY IN NEED OF SITUATIONAL TWEAKS
The current disruption to supply chains has created disadvantages for attracting foreign direct investment (FDI) and executing projects, and the downward trend in investment attraction was noted by the Ministry of Planning and Investment (MPI) in a recent report to the legislature.
PORTS SEE INCREASE IN GOODS HANDLING DESPITE COVID-19
Thanks to the adoption of drastic COVID-19 prevention measures at ports, the volume of goods that passed through ports in the first eight months of the year increased by 18% year-on-year to 16.8 million TEUs, the Vietnam Maritime Administration said.
COVID-19 ADVERSE IMPACT TO SLOW VIETNAM’S GROWTH
Vietnam’s GDP is expected to expand by about 4.8% in 2021 despite its robust economic performance in the first half of this year. This forecast, two percentage points lower than the projection in December 2020, accounts for the negative impacts of the ongoing COVID-19 wave.
AUTOMATIC STAY EXTENSION FOR FOREIGNERS STRANDED DUE TO COVID-19
Accordingly, foreigners who entered Viet Nam on visa waivers, e-visas or tourist visas from March 1st, 2020 are entitled to automatic stay extension until September 30, 2021 and can depart from Viet Nam without having to apply for stay extension.
WEBINAR - REVIVAL UNDER THE 'NEW NORMALCY': HONG KONG-VIET NAM PARTNERSHIP (20 SEPTEMBER, 3PM - 4:30PM, VIET NAM TIME)
You are cordially invited to join a webinar, organised by the Commerce and Economic Development Bureau of the Hong Kong SAR Government and the Ministry of Industry and Trade of the Socialist Republic of Viet Nam, on 20 September (Monday), 3pm to 4:30pm (Viet Nam time).
WEBINAR "AFTER THE COVID-19 PANDEMIC- SEIZE INVESTMENT OPPORTUNITIES IN VIETNAM"
WHA Industrial Development PLC would like to invite you to a webinar entitled: "After the COVID-19 pandemic- Seize investment opportunities in Vietnam"
