He made the call at a high-level roundtable with Vietnamese and Danish enterprises in the fields of green growth, seaport, logistics and high technology, which was held in Copenhagen on October 20th as part of the PM's ongoing visit to Denmark.The Vietnamese Government leader briefed the Danish firms on the potential and advantages of Vietnam such as young labour force, rapid IT and telecommunications development, and high GDP growth, as well as the country's intensive international integration as seen in its engagement in 16 new-generation free trade agreements.He noted that currently Vietnam is hosting more than 130 Danish enterprises, but the figure has yet to meet potential of the Vietnam-Denmark comprehensive partnership.PM Nguyen Xuan Phuc (centre) at the roundtable with Vietnamese and Danish businesses. (Photo: VNA)PM Nguyen Xuan Phuc stressed that the Government of Vietnam encourages and creates optimal conditions for Danish firms to invest in Vietnam, especially in maritime … [Read more...] about Government of Vietnam encourages and creates optimal conditions for…
The government of vietnam
Big investors can negotiate about tax incentives with the government of Vietnam
VietNamNet Bridge – The draft corporate income tax law stipulates the jurisdiction of the government in deciding the investment incentives for the big investment projects, which are expected to have high socio-economic impacts. This means that big investors, who are considered the “special investors” thanks to the great impacts on the socio-economic development of Vietnam, would be able to require the “specific mechanisms” for them. In other words, the big influential investors can “haggle” with the government of Vietnam about the incentives they can enjoy if investing in Vietnam. A member of the law compilation committee said that a lot of big investors whose projects have big influences to the local economy development, but they cannot enjoy high-level investment incentives, if referring to the currently applied laws. Meanwhile, tax incentives are one of the most important factors behind the investors’ decisions to make investment … [Read more...] about Big investors can negotiate about tax incentives with the government of Vietnam
Climate Change: a priority for the Government of Vietnam
VietNamNet – Over the past few years, the perception on climate change by the main policy makers and the leadership in Vietnam has shifted. Nowadays, climate change is considered one of the most serious challenges facing the country: a Resolution of the 11th National Congress of the Party (adopted in January 2011) stated that climate change will seriously affect Vietnam. This Resolution prioritises responding to climate change for the period 2011 – 2015. The Government has gradually strengthened the legal framework in climate change, disaster risk reduction, cleaner production and energy. The National Strategy for Natural Disaster Prevention, Response and Mitigation to 2020 was approved in 2007 and in 2008 the National Target Programme to Respond to Climate Change (NTR-RCC) was issued. The Government is currently preparing a Green Growth Strategy (GGS), which will encompass low-carbon growth as well as addressing other environmental challenges. The NTR-RCC aims to … [Read more...] about Climate Change: a priority for the Government of Vietnam
Casino and the choice of Vietnam
VietNamNet Bridge – If Vietnam nods its agreement on the 6 billion dollar resort complex suggested by Las Vegas Sands, it would have to accept many other casino projects worth multi-billion dollars in the time to come. Professor Dr Nguyen Mai, former Deputy Chair of the Vietnam State Committee for Cooperation and Investment, now Chair of the Vietnam Association of Foreign Invested Enterprises VAFIE showed his viewpoint. Las Vegas Sands wishes to enter Vietnam, with casino Casinos: government keeps cautious, investors get impatient Casino question: Should Vietnam try to “gamble?” Mai said: In the region, China, a large country with high population, does not have casino; Hong Kong also does not have casino. Hong Kong’s residents have to go gambling in Macau. Chinese people also once flocked to Macau to gamble. However, the number of Chinese people going abroad to gamble has decreased … [Read more...] about Casino and the choice of Vietnam
The challenges of Vietnam agriculture
VietNamNet Bridge – Dr. Dang Kim Son, former director of the Institute of Policy and Strategy for Agriculture and Rural Development, and Dr. Vu Trong Khai, former Rector of the School for Training of Rural and Agricultural Management Experts, point out the challenges facing Vietnam’s agriculture and farmers. Agriculture is the pillar for social stability of Vietnam and it helped Vietnam stand firmly in crisis but we are facing many challenges right now. “Good harvest – low prices for agricultural products” is the “refrain” that is repeated annually. Why can’t Vietnam’s agricultural production escape from that vicious circle?Dr. Dang Kim Son: Our agricultural products are good, but they are only good in quantity, not quality, so their competitiveness is low.Dr. Vu Trong Khai: We are seeing the fact that agriculture is in recession. Farmers … [Read more...] about The challenges of Vietnam agriculture