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Wholly foreign owned enterprise in china

US-China trade war to exert pressure on local production: official

August 9, 2019 by

At the meeting (Source: VNA) Hanoi, August 9 (VNA) – Domestic production has faced strong competition as the US and China are increasing exports to Vietnam on the back of their escalating trade war, head of the Ministry of Industry and Trade’s Trade Remedies Authority of Vietnam Le Trieu Dung said on August 9. At a meeting with Minister of Industry and Trade Tran Tuan Anh on the day, Dung said the US-China trade conflict becomes more intense after the North American country announced to impose additional tariff of 10 percent on the remaining 300 billion USD of goods and products coming from China to the US, and sees China as “currency manipulator”. This will result in considerable competition among local producers, and there is a strong possibility that shipments originating from Vietnam will face protective trade measures in many other nations. It will be a great challenge for the Vietnamese economy as the US and China could step up efforts to prevent trade … [Read more...] about US-China trade war to exert pressure on local production: official

Filed Under: Business Domestic production, trade war, US-China trade conflict, additional tariff, local production, currency manipulator, tax avoidance, free trade agreement, Vietnamplus, Vietnam News, Vietnam News Agency, Business, US-China t, china foreign exchange trade system, local election officials, local elected officials, trade wars, china futures trading, war with china, trade deficit with china, us china war, local production companies, local production jobs, China World Trade Centre, Free Trade Agreement with China, local product, china us war, china and japan war, china foreign trade, China Officials, china gross domestic product, local atmospheric pressure, local products, trade markets in china, Trade Product, China American war, china free trade

Fintech firms worry about possible foreign ownership limit in payment intermediaries

December 13, 2019 by

Virgina Foote, representative of AmCham Vietnam, comments on the the draft decree regarding non-cash payments in Ha Noi on Thursday. — Photo danviet A draft regulation put forward by the State Bank of Viet Nam (SBV) that would limit the foreign ownership rate in the payment intermediary service sector to 49 per cent was discussed at a workshop in Ha Noi on Thursday. Legal experts, fintech and e-payment firms attended the workshop held by the Viet Nam Chambers of Commerce and Industry (VCCI). The draft decree includes new policies on the legal synchronisation of cryptocurrencies, managing cross-border payment activities, providing non-account payment services, payment management, perfecting regulations for payment intermediary services, and foreign investment in payment intermediaries. Article 29 sets out the maximum percentage foreign investors can hold, including direct and indirect ownership, at 49 per cent of charter capital of an intermediary payment service provider … [Read more...] about Fintech firms worry about possible foreign ownership limit in payment intermediaries

Filed Under: Uncategorized Nguyen Thanh Hung, chairman of the Viet Nam E-commerce Association, State Bank of Viet Nam, foreign ownership rate, SBV, payment intermediary service sector, Tech, State Bank of Viet N, j fintech company limited, foreign ownership of companies in malaysia, marlins foreign ownership, 100 foreign ownership, 100 foreign ownership in qatar, difc foreign ownership, america’s legal forays against foreign firms vex other countries, duterte foreign ownership, fcc foreign ownership rules, foreign ownership 100, 100 ownership for foreign investors in dubai, iag foreign ownership, regent foreign exchange limited, agl foreign ownership, vadodara gas limited online payment, libyan foreign bank ownership, how fintech firms are helping to revolutionise supply-chain finance

Foreign investors continue to show interest in Thailand

January 9, 2019 by

Bangkok (NNT/VNA) - The Stock Exchange of Thailand (SET) expects continued volatility in capital markets due to the trade dispute between the United States and China, but foreign investor confidence in Thailand remains strong due to the country’s robust economic foundations and profit growth among listed companies. SET President Dr. Pakorn Peetathawatchai revealed that last year, the SET index shrank 10.8 percent from the year before, due to global disruptions from the ongoing trade tension between the United States and China. However, he added that Thailand’s economic foundations remain strong and continued to post higher growth last year, with several publicly listed companies reporting higher profits. This year, the SET President expects further volatility from fluctuating oil prices and the uncertainty surrounding trade policy between China and the US. However, the domestic outlook is more positive, with listed companies expected to post continuous growth.  … [Read more...] about Foreign investors continue to show interest in Thailand

Filed Under: Uncategorized Stock Exchange of Thailand, foreign investor confidence in Thailand, Thailand’s economy, foreign investment in Thailand, foreign investors in Thailand, capital outflows from Thai stocks, updated Vietnam news, Vietnamplus, Vietnam News Agency, World, Stock, jobs for foreigners in thailand, thailand jobs for foreigners, thailand foreign business act, foreign prisoners in thailand, foreigner open bank account in thailand, foreigners marrying in thailand, foreign institutional investors pdf, foreign investor in malaysia, foreigner owning land in thailand, foreign institutional investor, foreigners working in thailand, real estate foreign investors, foreign real estate investors, foreigners buying real estate in thailand, loan for foreigner in thailand

Quang Ninh hosts 15 millionth foreign tourist to Vietnam

December 21, 2018 by

James Kopenec, an US citizen, has become the 15 millionth foreign tourist visiting Vietnam, as he arrived in Ha Long City, the northern province of Quang Ninh, on December 19.  Upon Kopenec’s arrival at the Ha Long international port, a special welcome ceremony was held for him and the other two lucky guests, who came out of the cruise before and after him – Annita De Vriesere from Belgium and Masahiko Nagaishi from Japan, respectively. Recently, Prime Minister Nguyen Xuan Phuc has approved a decision to establish a state-owned tourism development fund, following his approval of a project to restructure local tourism to turn it into a spearhead economic sector and make Vietnam one of the nations with the most developed tourism sector in Southeast Asia. The project sets a target of 45 billion USD in tourism revenue by 2025. The sector is expected to serve 32 million foreign tourists and more than 130 million domestic visitors, contribute more than 10 percent to GDP … [Read more...] about Quang Ninh hosts 15 millionth foreign tourist to Vietnam

Filed Under: Uncategorized Vietnam, quang ninh, foreign tourist, Ha Long, visitor, GDP, port, Vietnamplus, Videos, vietnam tourist visa, tourist visa vietnam, vietnam tourist visa on arrival, vietnam tourist visa cost, vietnam tourist visas, vietnam tourist visa fee, vietnam tourist information, Ha Long Quang Ninh, foreign tourist arrivals in india 2016, foreign tourist definition, foreign exchange student host, foreign tourists in india, quang ninh vietnam, Muong Thanh Quang Ninh, vietnam foreign policy, Muong Thanh Quang Ninh Hotel, quang ninh province, bao an ninh quang ninh, foreigners in vietnam, Tuan Chau Quang Ninh, Vietnam Tourist Company, Than Quang Ninh, vietnam visa free 15 days, bao quang ninh, halong bay quang ninh vietnam

PM promises to create optimal conditions for US enterprises

December 12, 2019 by

Prime Minister Nguyen Xuan Phuc (R) and USABC Chairman Keith Williams (Photo: VNA)    Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc has affirmed the Vietnamese government’s determination to reform the country’s business environment and provide all possible support for foreign enterprises, including those from the US, to do business in Vietnam. During a reception in Hanoi on December 12 for a delegation from the US-ASEAN Business Council (USABC) led by its Chairman Keith Williams, PM Phuc said he himself and ministers have always paid attention to approving and accelerating the implementation of major US projects in Vietnam. Lauding the US as one of the most important partners of Vietnam in various areas, he said Vietnam is always sincere, straightforward and open with US enterprises. Mentioning Vietnam’s goal of achieving a balanced trade with the US, the PM suggested that the USABC should play a greater role in promoting bilateral ties and the … [Read more...] about PM promises to create optimal conditions for US enterprises

Filed Under: Uncategorized Prime Minister Nguyen Xuan Phuc, Vietnamplus, Vietnam News Agency, business environment, US-ASEAN Business Council, Chairman Keith Williams, 25th anniversary of Vietnam – US diplomatic ties, Business, Vietnam, optimal condition

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