US President Donald Trump on Wednesday (Jun 27) said he supported tougher restrictions on foreign investment in sensitive technology, as well as export controls on those goods, but he stopped short of imposing specific restrictions on China. US President Donald Trump seeks to protect "critical technology". (Photo: AFP/Nicholas Kamm) Following a report that raised "very serious issues" on China's trade and investment practices, Trump decided a plan in Congress to enhance the powers of the so-called Committee on Foreign Investment in the United States (CFIUS) was "the best approach to protect critical technology." In a statement, Trump said that if Congress fails to pass strong enough legislation to protect "the crown jewels of American technology and intellectual property" then he will take further action. After a year-long investigation into China's trade policies, the White House on May 29 said it planned to announce "specific investment restrictions and enhanced export … [Read more...] about White House favors tougher foreign investment oversight
Foreign investment review agency
Bản in : Decree eases foreign investment red tape
Hanoi (VNA) – Foreign investors who buy shares in or contribute capital to economic organisations won't have to deal with procedures involved in investment certification. This is in accordance with Decree No 118/2015/ND-CP, which was issued on November 12 and takes effect on November 27, providing guidelines for the Investment Law 2014. Quach Ngoc Tuan, Deputy Head of the Ministry of Planning and Investment's (MPI's) Legal Department, said the decree would ease procedures for foreign direct investment (FDI) enterprises. The economic institutions, with foreign investors' stakes or capital contribution, will be responsible for registering changes in shareholders or members with business registration agencies, if any. This process is to conform to the laws on enterprises and economic institution-related legislation. However, foreign investors will have to register with planning and investment departments themselves, in localities where the economic organisations are headquartered, … [Read more...] about Bản in : Decree eases foreign investment red tape
Slight drop in foreign investment in VN
Viet Nam News HÀ NỘI - New foreign direct investment (FDI) registered in the 10 months of this year decreased by 1.3 per cent year-on-year to US$12.3 billion despite an annual rise of 25 per cent in the number of projects. Up to 2,061 new foreign-invested projects were granted licences during the reviewed period, according to data issued by the Foreign Investment Agency. In addition, increased investment of $5.35 billion was approved for 967 already operating projects, representing a year-on-year drop of 22.1 per cent. In all, FDI flow into the country reached $17.61 billion in the ten-month period, down 8.7 per cent against the same period last year. However, FDI disbursement experienced a positive growth of 7.6 per cent to an estimated $12.7 billion from January to October, according to the data. Việt Nam had targeted $23 billion in FDI flow for 2016 with actual disbursement to reach about $12.5 billion. The processing and manufacturing sector lured the lion's share of FDI … [Read more...] about Slight drop in foreign investment in VN
Vietnam Investment Review celebrates 25th birthday
Vietnam Investment Review (VIR) celebrated its 25th birthday and received a First-Grade Labour Medal from the government of Vietnam at the ceremony yesterday. The event saw the participation of various Vietnamese leaders, representatives from government agencies, localities, diplomatic agencies, and international organisations operating in Vietnam, as well as other newspapers, and domestic and foreign companies and investors. Many of the newspaper's partners also sent flowers and expressed their best wishes. Starting its journey on September 27, 1991, with two original publications of Vietnam Investment Review in English and Việt Nam - Đầu tư nước ngoài in Vietnamese, Vietnam Investment Review has grown to be a leading multi-media group with five regular printed publications, four online newswires, and a list of prestigious special editions. Going a step further, Vietnam Investment Review is also well-known for organising business forums, conferences, and policy-discussion … [Read more...] about Vietnam Investment Review celebrates 25th birthday
A panoramic picture of Vietnam’s economy in 2005 Exports surpassed target, import surplus fell Foreign investment hit US$5.5 billion State budget collection surpassed yearly target
2005 saw abnormal fluctuations in the price of major commodities. Global oil prices rose to nearly US$70 per barrel in the middle of the year and are currently standing at around US$60 per barrel. In late November and early December, gold prices jumped to a 30-year record high of US$520/ounce and are likely to further increase. The interest rate of the US dollar also rose significantly from one percent in 2004 to 4.25 percent in December 2005. In 2005, natural calamities and epidemics caused great human and material losses. Since its first outbreak, the bird flu epidemic has cost Vietnam more than VND1,500 billion. Despite these difficulties, Vietnam fulfilled or surpassed major targets set for 2005, with a GDP growth rate of 8.4 percent and exports increasing by 22 percent. The increase in the interest rate of the US dollar made the exchange rate war fiercer among major powerful currencies. In relation to the US dollar, the Japanese Yen devalued by 18 percent against 2004, while … [Read more...] about A panoramic picture of Vietnam’s economy in 2005 Exports surpassed target, import surplus fell Foreign investment hit US$5.5 billion State budget collection surpassed yearly target