VIETNAM BECOMES PREFERRED INVESTMENT DESTINATION FOR JAPANESE CORPORATIONS
Matsumoto revealed the findings of JETRO's annual survey, which queries Japanese companies about their expansion and investment aspirations. Until 2020, the dominant investment focus had been China. However, a trend shift occurred in 2021, with Vietnam outstripping China as the favoured destination for Japanese firms.
FDI FLOWS INTO VIETNAM FORECAST TO INCREASE IN H2: EXPERTS
The flows of foreign direct investment (FDI) into Vietnam are forecast to increase in the second half of the year as the downturn has been improved in recent months, experts have said.
NUMBER OF NEW BUSINESSES HITS RECORD HIGH IN JUNE
Vietnam saw a record-high number of new business registrations, including those resuming operations, in June, according to the Department for Business Registration Management under the Ministry of Planning and Investment.
FOREIGN SUPPLIERS PAY US$315 MLN TAX
On March 21, 2022, the General Department of Taxation launched an electronic portal for foreign suppliers (Etaxvn.gdt.gov.vn). After more than one year of operation, 52 foreign suppliers have joined this portal to pay their taxes. Some of them include Google, Meta, Apple, Netflix and TikTok.
FOREIGN SUPPLIERS PAY US$315 MLN TAX
On March 21, 2022, the General Department of Taxation launched an electronic portal for foreign suppliers (Etaxvn.gdt.gov.vn). After more than one year of operation, 52 foreign suppliers have joined this portal to pay their taxes. Some of them include Google, Meta, Apple, Netflix and TikTok.
FOREIGN ARRIVALS TO VIETNAM UP OVER 12-FOLD
Vietnam welcomed nearly 4.6 million international arrivals in the first five months of this year, an increase of 12.6-fold from the same period last year, according to the General Statistics Office.
VIETNAM SECURES 10.86 BILLION USD IN FDI IN FIRST FIVE MONTHS
Total foreign direct investment (FDI) in Vietnam, including new and additional investment and contributions for share purchases by foreign investors, reached nearly 10.86 billion USD from January to May 20, according to the Ministry of Planning and Investment.
HANOI LAUNCHES INSPECTION TEAM TO MONITOR FOREIGN-INVESTED PROJECTS
Director of Hanoi Department of Planning and Investment Le Anh Quan has signed a decision, which establishes an inspection team for foreign-invested projects and economic organisations operating within the jurisdiction of the department.
