Prabowo foreign investment

Hanoi (VNS/VNA) - Vietnam’s new immigration law includes a new type of visa for foreigners who come to Vietnam to conduct activities as part of international agreements Vietnam has signed. The change is expected to facilitate the implementation of new agreements that Vietnam has signed such as the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA), said Colonel Tran Van Du, deputy head of the Immigration Department under Ministry of Public Security. The department last week held a session to explain immigration laws to diplomatic missions and non-governmental organisations (NGOs) in Vietnam. Vietnam will issue visas with validity from six to 12 months for foreigners who enter to promote services and establish commercial presence according to international agreements. The amendment to the law on entry, exit, transit and residence of foreigners in Vietnam came into force this month. “Strategic foreign investors who … [Read more...] about New immigration law looks to attract investment

A representative of the ministry told Thanh Nien Online that the drafting team had carefully considered the proposal and made a decision on the stake transfer restriction at 35% in order to limit the interference of foreign investors in the business activities of local firms. … [Read more...] about Trade Ministry proposes opening fuel market to foreign retailers

Second, these foreign investors said that Huy Nhat's cheating was very dangerous as he took advantage of foreign investor's trust in the business environment of Vietnam to create sizeable projects such as the real estate project in Lang Co, Hue or the Nha Hang Mon Hue chain, mobilising large investments which he then appropriated. … [Read more...] about Foreign investors request prosecutiong and arrest of Huy Nhat

Amidst the difficulty of property market and in the context that the Land Law has not been amended, the Government should issue a decree amending and supplementing the decree on the implementation of the 2013 Land Law to deal with public land jammed in real estate projects, Nam proposed. … [Read more...] about Real estate expert proposes policy allowing foreigners to own land

Of all South Korean investors active in Vietnam, Samsung contributes the most to the country’s GDP South Korean Ambassador to Vietnam Park Noh-wan spoke at the first ROK-Vietnam strategic dialogue, titled ROK-Vietnam Relations: Deepening the Strategic Co-operative Partnership organised in Hanoi last week, and said that his nation and Vietnam have succeeded in reining in COVID-19, and a new co-operation framework needs to be worked out, so that both nations can further enhance their existing strategic partnership forged in 2009. … [Read more...] about South Korean investment ties aided