FIEs

Update news FIEs

Vietnam's bank CEOs receive sky-high salaries

VietNamNet Bridge - The steering committee of Vietcombank, members of the board of directors and supervisory board receive VND1.9 billion a year in salary each. 

Half of FIEs take losses, but still record best business performance

VCCI's Vietnam Business Annual Report 2015 shows that half of foreign invested enterprises (FIEs) take losses but have the highest ROA (return on assets), ROE (return on equity) and ROS (return on sales) indexes.

Policies give preferences to FIEs, neglect domestic enterprises

VietNamNet Bridge - There are 40 state financial funds established to support Vietnamese enterprises to develop its production. However, most private businesses say they cannot receive any support from the state. 

FIEs try to cope with labor problems in Vietnam

The minimum wage increase, a lack of highly qualified personnel and strict regulations on extra working hours all have been cited by foreign invested enterprises (FIEs) as problems they are facing.

New laws signal welcome change

 VietNamNet Bridge – With a range of revised laws and decrees coming into operation this July in Vietnam, Jeff Olson, a partner at the law firm Hogan Lovells International LLP assessed the potential knock-on effects of these legal changes,

Changing legal landscape for foreign firms

At present, it is difficult to say with certainty what constitutes a foreign invested enterprise under Vietnamese laws. Some legislation currently in effect suggests that any amount of foreign ownership constitutes a foreign invested company.  

Foreign equity limits relaxed under new Investment Law

 VietNamNet Bridge – Attorneys Pham Si Hai Quynh, Vo Ha Duyen, and Trinh Luong Ngoc from VILAF law firm analyse the implications of the new definitions of a “foreign invested enterprise” and “foreign investor” under the new Law on Investment,

Is Chinese coffee obstructing Vietnamese coffee exports?

VietNamNet Bridge - Vietnam saw a sharp decrease in coffee exports in the first four months of the year, which is attributed to lower demand from the world’s roasters and increased output from China.

Ministry to encourage tech transfers

VietNamNet Bridge – The Ministry of Planning and Investment is drafting new policies to encourage the transfer of technology from foreign invested enterprises to domestic firms. 

100-percent foreign ownership may be allowed in some business fields

VietNamNet Bridge - The ceiling on foreign ownership in companies may climb to 100 percent instead of 60 percent as initially planned, sources have said. If so, this would represent a breakthrough in policymakers’ thinking.


Investors expected to stay with petrochemistry projects despite oil price drop

Most of the planned petrochemistry and oil refinery projects have not been implemented as initially scheduled, but experts still think the projects deserve investment.

Land rental increases leave businesses in cold sweat

VietNamNet Bridge - Businesses are complaining that higher land rentals imposed by HCM City authorities will push them against the wall.

Minister Vinh: Failure is not an option for Vietnam

Celebrating the Year of the Goat, Minister of Planning and Investment Bui Quang Vinh shared his thoughts on the momentous year ahead as Vietnam readies for AEC and global economic integration.

Foreign businesses control of farm produce exports questioned

VietNamNet Bridge – A General Department of Customs’ report showed that farm exports from foreign-invested enterprises have been increasing steadily year by year.

Vietnam offers foreign-invested enterprises special favors

Analysts and economists, siding with domestic businesses, have voiced great concern over the generous incentives given to foreign invested enterprises and the undervalued role of Vietnamese businesses in the national economy.

Foreign-invested enterprises receive too many tax incentives: survey

 VietNamNet Bridge – Recent surveys about the tax policies applied to foreign-invested enterprises (FIEs) show that Vietnamese have become choosier about foreign direct investment (FDI) and FIEs (foreign-invested enterprises).

Foreign companies charged with software copyright infringement

Foreign-invested enterprises (FIEs) found using pirated software in Vietnam are facing a risk of being sued and from being prohibited from exporting to large foreign markets.

Hanoi names ten missing foreign-invested companies

 VietNamNet Bridge - A recent inspection of foreign-invested enterprises (FIEs) in the city shows that 10 firms have disappeared, according to the Department of Planning and Investment of Hanoi.

Bosses flee Vietnam, ignoring debts and taxes

 VietNamNet Bridge – The bad news about tax evasion and debt repudiation cases by foreign invested companies has darkened Vietnam’s foreign direct investment (FDI) landscape.

PM says country needs new statistical method to calculate GDP figures

The methods local authorities are using to calculate the gross domestic product (GDP) are inaccurate and impractical, and not used in any country in the world, Prime Minister Nguyen Tan Dung said.