The power sector has become increasingly attractive to foreign investors with a large number of foreign-invested projects taking shape nationwide, the Dau Tu (Investment) newspaper reported.
Vietnamese Prime Minister signed Wednesday a directive to waive visa requirements for citizens of five European countries, starting July 1.
Decree 42/2015/ND-CP on the derivatives market has been issued by the Prime Minister. According to the new regulations, companies trading derivatives for profits in Vietnam must have chartered capital of at least VND600 billion (US$27.5 million).
The General Department of Customs has set a target to reduce time spent on customs procedures to less than 10 working days for exports and 12 working days for imports by 2016.
Vietnam’s Law on Investment is due to come into effect on July 1, which will make it simpler to make changes to foreign ownership limits.
Only when foreign enterprises sufficiently fulfill the conditions prescribed by Vietnamese investment legislation in compliance with the provisions of international treaties to which Viet Nam is a signatory shall they be permitted to conduct commercial assessment services.
The Nghi Son Economic Zone (EZ) in central Thanh Hoa province is expected to become a multi-sector industrial area with a focus on refinery-petrochemical and basic industries in the near future.
The Vietnam-Eurasian Economic Union Free Trade Agreement signed on May 29 is forecast to offer both ample opportunities and tough challenges to Vietnamese businesses.
Tay Ninh is a southeastern province and a key economic zone of southern region.
The General Department of Customs has set a target to reduce time spent on customs procedures to less than 10 working days for exports and 12 working days for imports by 2016.
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