Vietnam looks to support FDI firms as global minimum tax looms
The move is aimed at attracting foreign capital from future investors and protecting existing businesses.
The move is aimed at attracting foreign capital from future investors and protecting existing businesses.
The positive trend of foreign capital in the M&A market this year follows the momentum of 2023, where the top five largest deals involved foreign investors.
The strategy to attract more FDI should begin with understanding and assessing the competitive landscape between Vietnam and other Southeast Asian countries.
2024 is a pivotal year, opening up new opportunities for Vietnam to attract high-quality foreign investment.
Kim Huat Ooi, Vice President of Manufacturing, Supply Chain and Operations and General Manager of Intel Products Vietnam, spoke to The Hanoi Times about Vietnam's semiconductor ambitions and Intel's contribution to making the country a global manufacturing and R&D hub.
Vietnam promised to balance the interests of the government, the general public, and businesses while sharing risks to ensure the legitimate rights of investors.
President Joe Biden's state visit to Vietnam offers an opportunity for both countries to strengthen ties in areas such as investment, innovation, chip technology, semiconductors, and sustainable transportation.
During the visit of US President Joe Biden, American investors expect to hear and see progress on a number of pending deals and projects.
Local businesses would have an opportunity to deepen their participation in the international goods supply chain.
Vietnam has many opportunities to become a hub for data connectivity and storage in the ASEAN region.
Hanoi has emerged as the top destination for foreign direct investment (FDI) in the first half of 2023.
The program aims to empower and equip young Vietnamese leaders with the knowledge, resources, and network to effectively communicate the complexities of sustainability to their peers.
By 2030, Vietnam will require an annual investment of approximately $11.3 billion-$13.5 billion in power source and grid projects.
The country's attractiveness as a destination for FDI in Southeast Asia with a young, increasingly educated and competitive workforce should help to keep long-term development intact.
The most effective competitive advantage for Vietnam's economy is creating a favorable business investment environment free of legal barriers.
Hospitality properties have long been considered a lucrative and long-term profitable investment for real estate investors operating in Vietnam.
With FDI accounting for more than 70% of exports, Vietnam has successfully transformed over time into an export-driven and FDI-reliant economy.