Category Archives: Biz in Saigon

Vingroup and Mitsubishi Corporation have just signed a memorandum of understanding on comprehensive strategic cooperation in five key areas. First, in the field of urban development, Mitsubishi Corporation will invest heavily in Vinhomes to create high-class smart urban projects in Vietnam, increasing the quality supply for the market. The Japanese group also participates in developing […]

According to the data just announced by the General Statistics Office, Vietnam attracted over 11 billion USD FDI in the first 5 months of 2024 and the disbursed capital reached about 8.25 billion USD, up 7.8% over the same period in 2023. The total registered foreign investment capital in Vietnam as of May 20, 2024, […]

At the conference “Journey towards Sustainability and Carbon Neutrality in Production” taking place on May 29, Mr. Dang Bui Khue, Creative Director, Sustainable Development Management and Second Party Evaluation (Bureau Veritas) Vietnam, said that manufacturing enterprises have been under direct pressure from many world regulations, such as the carbon border adjustment mechanism (CBAM), the carbon […]

In response to inquiries from delegates regarding policies supporting industry development during the June 4 afternoon session, Minister of Industry and Trade Nguyen Hong Dien explained that the Ministry has concentrated on three main areas: parts and spares for all types of machinery and equipment; the supporting industry for the high-tech industry; and supporting industry […]

The Director of the Department of Electricity and Renewable Energy, Mr. To Xuan Bao, stated that the Electricity Planning VIII project has a total capacity of 30,424 MW for 23 gas power plant projects that will be invested in and operationalized by 2030. Of which 7,900 MW is the combined capacity of 10 gas power […]

In the context of the import tax reduction roadmap being implemented as Vietnam participates in Free Trade Agreement commitments, competitive pressure on the Vietnamese automobile industry is increasing. As a result, in addition to tax and fee support, many innovative solutions and policies are required to boost the auto industry. Competitive challenge On May 24, […]

Experts speaking at the recent conference “Human Resource Development Solutions for the New Wave of Semiconductor Investment in Vietnam” stated that Vietnam has numerous opportunities to develop the semiconductor market. According to experts, the semiconductor chip industry has become extremely hot in the last year or so, particularly since US President Joe Biden visited Vietnam […]

The MICHELIN Guide is set to host the inaugural edition of the MICHELIN Guide Ceremony Hanoi & Ho Chi Minh City in the capital of Vietnam, Hanoi, on Tuesday 6 June 2023. The MICHELIN Guide Ceremony is revealing the full selection of restaurants through a physical ceremony held in Hanoi. The event promises to be […]

According to the development plan of industrial parks (IPs) in Vietnam, there are currently about 563 IPs with a total area of 210,900ha. The actual number of industrial zones announced is 406, of which 361 projects are located outside the economic zone, and 37 projects are in economic zones and 08 projects are located in […]

The Sub-department of Customs managing investment goods has just sent a document to enterprises to register for tax exemption dossiers to guide the implementation contents. In case imported goods are on the list of tax-exempt goods, please declare in the box “Import license” on the VNACCS declaration with the content “DMTL + Listed registered tax […]