Economics News - VCCI - Vietnam Chamber of Commerce and Industry

VCCI Ecoinomics news

Streamlined policies to attract more indirect foreign capital to Vietnam’s firms

Though the current legal regulations allow foreign investors to fully own a local firm, it still prevents the investors from pouring funds into some conditional business lines, such as banking and aviation sectors with foreign ownership cap limited at 30 percent.

Wed, Jun 05, 2019, 09:01:00

HCM City absorbs 2.77 billion USD in FDI capital in five months

Ho Chi Minh City attracted 2.77 billion USD in foreign investment in the first five months of this year, with 46.7 percent of the capital poured into real estate.

Wed, Jun 05, 2019, 09:00:00

Legislators vote against government proposal on project classification

Lawmakers on Tuesday voted against a government bill which they felt would undermine parliament’s oversight over major national projects.

Wed, Jun 05, 2019, 08:58:00

Fine art and handicraft exports surge in five months

The country’s fine art and handicraft exports experienced a significant increase of 50 per cent to reach US$45 million in May, according to statistics from the General Department of Customs.

Wed, Jun 05, 2019, 08:56:00

Saigon seeks green-light for new technology park in the east

HCMC has sought the government’s approval to build a scientific and technological park in District 9.

Wed, Jun 05, 2019, 08:54:00

Hau Giang province works to attract investment from RoK

The Mekong Delta province of Hau Giang introduced its advantages to businesses of the Republic of Korea (RoK) on June 4 in an effort to attract more investment from this country.

Wed, Jun 05, 2019, 08:52:00

ASEAN, Japan are close, important partners of each other: official

Relations between the Association of Southeast Asian Nations (ASEAN) and Japan are of great significance, and they have become close and important partners of each other, according to Vietnamese Deputy Foreign Minister Nguyen Quoc Dung.

Wed, Jun 05, 2019, 08:48:00