Business News

[14-05-2015] The Government has further simplified immigration requirements for international visitors in the wake of tour operators’ complaints about discouraging immigration procedures.Deputy Prime Minister Vu Duc Dam has signed a decision removing the hindrances to issuing visas for foreign travelers, according to the Government’s portal chinhphu.vn.

[18-05-2015]- Decrees providing details and guiding on implementation of several articles of Law on Bidding, Law on Notarization, Employment Law, Law on amendments to Laws, Decrees on taxations
- Regulation on electronic transaction in insurance procedures
- Decree on investment in form of PPP

[11-05-2015] At present, it is difficult to say with certainty what constitutes a foreign invested enterprise under Vietnamese laws. Some legislation currently in effect suggests that any amount of foreign ownership constitutes a foreign invested company. Meanwhile, other legislation, also currently in use, is taken by many to mean that an enterprise with a threshold of 49 per cent and upwards constitutes a foreign invested enterprise (FIEs).

[10-05-2015] The Government has approved a telecom development master plan that says preparations to introduce 4G technology will begin this year. However, critics say it should be reconsidered since the existing 3G capacity has yet to be fully utilised and 4G devices could be too expensive in a poor country.

[10-05-2015] Amata VN PCL, a unit of Thailand's biggest industrial estate developer, Amata Corp PCL, has announced plans to invest in an industrial park in the northern city of Quang Ninh. Somhatai Panichewa, president of Amata VN PCL said it will invest 70% in the joint venture with the remaining 30% owned by the Vietnamese Tuan Chau Group.

[08-05-2015] Real estate developers are anticipating the implementation of the Law on Housing which opens more rights for foreigners to own property in Vietnam this July. Deputy managing director of Savills Vietnam Troy Griffiths has a look at the proposals. Real estate developers are actively preparing to sell housing to foreigners from this July when the revised law on housing comes into force.

[13-05-2015] The Vietnam Business Forum Consortium, in collaboration with the Ministry of Planning and Investment and the World Bank Group, will hold the Midterm Vietnam Business Forum 2015 in Hanoi on June 9, 2015. The Forum is an eagerly awaited and valued opportunity for a structured dialogue between the Vietnamese Government, local and foreign businesses and the donor community to improve the business environment in Vietnam.

[11-04-2015] The date for VBF Mid-term 2015 has just been confirmed by MPI at 7.30AM – 1.30PM on Tuesday, June 9 in Hanoi. Taking this opportunity, please kindly remind you that the submission deadline of all reports/position papers for VBF Mid-term Report/Book is Thursday, May 14, 2015.