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Update news MPI
VietNamNet Bridge - Hundreds of billions of dollars worth of capital have been ‘buried’ under projects registered by foreign investors but have not been implemented.
VietNamNet Bridge - Most state-owned enterprises (SOEs) operate in the pivotal business fields of the national economy. Therefore, experts say, Vietnam needs to be careful when choosing new owners for the enterprises.
VietNamNet Bridge - Large-scale projects invested in by multinational conglomerates have become magnets attracting other foreign direct investors to Vietnam.
VietNamNet Bridge - The public debt for 2014 was 64.4 percent of GDP, not 59.9 per cent, as previously reported, according to a newly released report by the Ministry of Planning Investment (MPI). Economists say it is a more accurate figure.
VietNamNet Bridge - Minister of Planning and Investment Bui Quang Vinh has disagreed with the opinion that Coca-Cola has been conducting transfer pricing in Vietnam, affirming that the soft drink manufacturer is innocent until proven guilty.
VietNamNet Bridge - In February 1994, Coca Cola began doing business in Vietnam after the US lifted the trade embargo against Vietnam, with initial investment capital of $163 million. Since then, the soft drink manufacturer has never made a profit.
The Ministry of Planning and Investment (MPI), after a recalculation, has announced that Vietnam’s public debt in 2014 was equal to 66.4 percent of GDP, or 6.5 percent higher than the 59.9 percent rate made public before.
VietNamNet Bridge - Surveys from several organizations have all concluded that Vietnam is among the most attractive destinations for investors.
MPI has shown its strong determination to eliminate 19,285 unnecessary and costly development plans.
VietNamNet Bridge - Businesses have complained about time-consuming examinations of imports and exports by government agencies, claiming that they take up 30 percent of total 25 work items that businesses must fulfill.
VietNamNet Bridge - Formosa Ha Tinh, a Taiwanese-invested enterprise in Vung Ang Economic Zone (EZ), has equipped its security guards with speed guns and told them to fine speeding drivers in its project area.
VietNamNet Bridge - The number of shops trading Apple imports through official and unofficial channels has mushroomed in Vietnam. However, no Apple store has opened in Vietnam.
Unsatisfactory farm produce exports, low inflation rate, and low effects of foreign direct investment (FDI) to the national economy and slow state-owned equitization have been cited as the most serious problems facing the national economy in H2.
VietNamNet Bridge - Tens of thousands of businesses have become disillusioned about the breakthrough they expected the 2014 Enterprise Law would bring. At the same time, business registration agencies have become overloaded.
VietNamNet Bridge - Problems faced by some foreign direct investment (FDI) projects have placed Vietnam in a vulnerable position, but authorities are finding it difficult to revoke the projects’ licenses.
Vietnam’s GDP in the first six months of the year reached a 5-year high, and inflation stood at a 10-year low.
VietNamNet Bridge - It is clear that the US has been increasing its investments in Vietnam and that Vietnam needs to grab the great opportunities brought by the capital flow.
VietNamNet Bridge - Some foreign investors come to Vietnam not because they want to expand their business, but because they find the country a good place to commit trade fraud.
VietNamNet Bridge - The Ministry of Construction (MOC) has proposed using preferential loans from official development assistance (ODA) to build social housing projects.
VietNamNet Bridge - Major US investors are following through on their previous statements about relocating their production bases.