When alternative minimum tax

MTEX Vietnam, a subsidiary of Japan's Mtex Matsumura Corporation, which makes semiconductor devices and automobile parts. Viet Nam will continue to be the biggest beneficiary of “China + 1”- motivated investments in the years ahead. — VNA/VNS Photo The global corporate minimum tax is unlikely to impede Viet Nam’s FDI inflows given the fact that tax incentives are not the primary attraction for setting up a factory in Viet Nam, Michael Kokalari, chief economist at investment fund VinaCapital, said. In his latest analysis, he said FDI had been one of Viet Nam’s most important economic growth drivers over the last decade. The country had significantly outperformed its regional peers in attracting FDI since the US-China trade war emerged, but there were two potential risks to its future FDI inflows. Firstly, Viet Nam could be losing its competitiveness as an FDI destination versus India, Malaysia and/or Indonesia, and secondly, a new global corporate minimum tax scheme would reduce … [Read more...] about Việt Nam will continue to be prime destination for FDI: VinaCapital

Illustrative image (Photo: VNA) HCM City (VNS/VNA) - The global corporate minimum tax is unlikely to impede Vietnam’s FDI inflow s given the fact that tax incentives are not the primary attraction for setting up a factory in Vietnam, said Michael Kokalari, chief economist at investment fund VinaCapital . In his latest analysis, he said FDI had been one of Vietnam’s most important economic growth drivers over the last decade. The country had significantly outperformed its regional peers in attracting FDI since the US-China trade war emerged, but there were two potential risks to its future FDI inflows. Firstly, Vietnam could be losing its competitiveness as an FDI destination versus India, Malaysia and/or Indonesia, and secondly, a new global corporate minimum tax scheme would reduce Vietnam’s relative attractiveness as an FDI destination by limiting the tax incentives offered to prospective investors. According to Kokalari, FDI companies that invest in Vietnam … [Read more...] about Vietnam will continue to be prime destination for FDI: VinaCapital

AEON has poured in Vietnam 1.18 billion USD in investment, making the country its largest overseas investment destination (Photo: baodautu.vn) Hanoi (VNA) - Vietnam has yet to lose its advantage as an attractive destination for f oreign investment flows , although in the short term, investors are taking a careful consideration before making their decision, according to Lecturer Nguyen Xuan Thanh from the Fulbright School of Public Policy and Management. In addition to a common trend of decrease over the globe, unnecessary procedures, tax incentives and low licensing are making investors hesitate. However, in the long term, Vietnam remains a country with various advantages in investment attraction, Thanh stressed. Sharing the same view, Michael Kokalari, chief economist at investment fund VinaCapital, said that Vietnam will continue to be a prime destination for FDI, particularly from multinationals looking to produce exports and seeking an alternative and/or … [Read more...] about Vietnam remains leading destination for foreign investment inflows: experts

Stay up to date with the best news about Vietnam for today. Vietnam monitors super typhoon Mawar Satellite picture of Mawar typhoon approaching the Philippines on the morning of May 27. Photo: PAGASA Vietnam's National Center for Hydro-Meteorological Forecasting closely watches super typhoon Mawar, a powerful tropical cyclone , barrelling toward the Philippines. Mawar is the strongest storm ever observed worldwide during May and beats out anything seen globally in 2022. It fits into a pattern of more intense storms in an era earmarked by warming oceans and human-induced climate change. Photo exhibition in HCM City to remember Most Venerable Thich Quang Duc A photo exhibition celebrating the life and legacy of the Most Venerable Thich Quang Duc opened at the Viet Nam Quoc Tu (National Pagoda of Vietnam) in Ho Chi Minh City on May 26. The exhibition features 90 photographs of the monk's life, including the moment of his self-immolation in 1963 and … [Read more...] about Vietnam News Highlights for May 27, 2023