As the US-China relationship has become worse and the trade war escalated, there have been many discussions in the US and other countries on how to ease reliance on Chinese economy and the companies from China. Nikkei reported that the Japanese government would prop up 70 billion yen to Japanese enterprises in this campaign. Prior to that, it also provided grants of 243.5 billion last April to help Japanese enterprises ease the reliance on China. … [Read more...] about Strategies for new FDI trends in Vietnam
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 Vietnam could take advantage of new foreign investment strategies?
If there is more trade from the EU to Vietnam, it is likely that the EVFTA will trigger a new wave of FDI from the EU into this country. Investments from the EU are of top quality. European FDI comes with high standards of corporate social responsibility for protecting and training workers and employees, as well as for respecting and protecting the environment. These spillover effects are essential for economies like Vietnam to avoid the middle-income trap. It allows Vietnam to promote economic growth, create better jobs at the same time while ensuring sustainable development. … [Read more...] about How the EVFTA and EVIPA will help Vietnam lure investment
Mai Linh has now temporarily ceased operations in Da Nang City and Hoi An Town, the country's coronavirus hotspots. Its revenue in these localities and in some other tourist destinations like Nha Trang and Da Lat have dropped by up to 50 percent from earlier. … [Read more...] about Covid-19 makes life more difficult second time around: businesses
As many as 29,200 enterprises suspended their operation in H1, while 19,600 businesses were waiting for the dissolution procedures to be completed before leaving the market. As many as 29,200 enterprises suspended their operation in H1, while 19,600 businesses were waiting for the dissolution procedures to be completed before leaving the market. … [Read more...] about Policies need to be timely and reasonable to stimulate demand in Vietnam