Plastics manufacturers complain that the current laws make it easier for foreign conglomerates to swallow domestic companies.
Vietnam will create the best possible conditions for German businesses who want to invest in the country, Ambassador Doan Xuan Hung said.
An ASEAN Investment Forum entitled 'Invest in Global ASEAN' was co-organised by the Embassies of Vietnam, Malaysia and Thailand in Frankfurt, Germany on April 19, aiming to attract German investors in ASEAN countries.
For the first time ever Vietnam has imported more cars from Thailand than China in the first quarter of this year, thanks to preferential tax policies among ASEAN countries.
Many big developers have poured capital into Phu Quoc island, supplying to the market high quality resort real estate products.
The northern mountainous province of Yen Bai has pledged to create favourable conditions for businesses from the Republic of Korea (RoK) investing in the province.
The Trans-Pacific Partnership and free trade agreements will provide development opportunities for the Vietnamese garment and textile sector. Vietnam will be able to become an attractive destination for the global value chains.
Vietnam registered a trade surplus of 1.36 billion USD in the first quarter of 2016, Ha Noi Moi (New Hanoi) newspaper reported.
Experts have pointed out that it is unreasonable to impose low tax on discouraged products such as beer while imposing high taxes on milk.
The southern province of Dong Nai has so far this year attracted 33 new foreigndirect investment (FDI) projects, with nearly half of them poured into support industries such asmechanical engineeringand garment.
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