Tiếng Việt (Vietnamese)

Policy changes irk foreign firms

(Source: VIR)

 

Some foreigtitlen-invested enterprises are worried about changes to investment incentive policies.

Company leaders say they will badly impact on the business environment and the ability to attract more investors to Vietnam. The story of Norfolk Hatexco Garment Joint Stock Company is a typical example for many foreign-invested enterprises (FIEs) now entangled by the changing investment incentive policies.

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Social insurance weighs heavily on shoulders
Source: VIR

 

Big social insurance debts are smacking many enterprises in Vietnam on the mouth.

altAccording to Mai Duc Chinh, vice chairman of Vietnam General Confederation of Labour (VGCL), so many domestic and foreign enterprises owed social insurance, particularly labour-intensive enterprises operating in the textile-garment and footwear sectors.

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Casino developers to soon be able to roll the dice in

(Source: VIR)

 

A new decree draft on casinos is expected to open the door for the once discouraged gambling industry in Vietnam.

The Ministry of Finance (MaltoF) two weeks ago released a decree draft on investors developing casinos in Vietnam as long an integrated resort was built at total investment capital of at least $4 billion. Furthermore, the investor must have 10 years casino industry experience.

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Land-pricing to help clear land

Source: VIR

 

A new land-pricing mechanism will help accelerate site clearance for investment projects and abate ever-rising land complaints, authorities say.

Under Article 12 of the draft amended Land Law, officially discussed for the first time by the National Assembly Standing Committee last week, the state was authorised to “fix land prices”. The timeline for the Nationa Assembly’s approving the amended law is unknown.

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