Thirdly, Viet Nam should not compete with other countries to court more foreign capital by only offering investment incentives, as this can distort resource allocation and will not have a meaningful impact in the long run. The country will be more attractive to foreign investors if it can correct its weaknesses and shortcomings, such as improving the capacity of capital absorbency, perfecting logistics infrastructure, upgrading workers’ skills and ability, and reforming institutions. … [Read more...] about Can Viet Nam could take advantage of new foreign investment strategies?
Broad based foreign retirement plan
If Mizuho is to purchase more shares and increase its ownership to 20 percent, it would be eligible to appoint one more member to Vietcombank’s board of directors if permitted to do so by the State Bank of Vietnam. … [Read more...] about Vietcombank plans to raise charter capital via share issuance
Overall, the past six months saw the country welcome a total of 3.7 million foreign arrivals, an annual decline of 55.8%, with the majority of travelers coming from China, the Republic of Korea, and Japan, all of which saw a huge drop in numbers. Indeed, the only location in which the number of travelers increased during the six-month period was Cambodia, recording a rise of 106%. … [Read more...] about Foreign arrivals down sharply with no holidaymakers in June
For those who are in the priority list by the Ministry of Foreign Affairs should receive privilege in entry procedures and the criteria for selection must be transparent, the Government Office noted, citing orientations of the PM. … [Read more...] about Vietnam plans to repatriate 14,000 more citizens
Great opportunities for real estate firms to call for foreign capital Akihiko Iwatani, chief representative of Haseko Corporation in Hanoi, believes that Vietnam is the most attractive market in ASEAN for Japanese investors in particular and foreign investors in general. … [Read more...] about State Audit of VN notes high pay for foreign specialists in ODA projects