After Samsung shifts operation to Vietnam, Chinese city turns into ghost town

Samsung to employ 3,000 local engineers for US$300 million R&D center in Hanoi

NOV 29, 2019 / 11:41 Ngoc Thuy

The Hanoitimes – Samsung would continue to increase investment in R&D and supporting industries in Vietnam and seeks more support from the Vietnamese government, said Lee Jae-young, vice chairman of Samsung.

Samsung’s US$300- million research and development (R&D) center, scheduled to become operational in 2022 in Hanoi, would employ 3,000 local engin  eers, according to Lee Jae-young, vice chairman of Samsung.

 Prime Minister Nguyen Xuan Phuc (r) and Vice Chairman of Samsung Lee Jae-young (l). Source: VGP.

Samsung is committed to ensuring efficient operation and successes of its production facilities in Vietnam, contributing to the country’s socio-economic development and Vietnam – South Korea relations, Lee said in a meeting with Prime Minister Nguyen Xuan Phuc in Seoul in November 28.

Lee added Samsung would need more hi-tech engineers in the coming time, especially in the production of semi-conductors, smart phones or hi-tech display screens, with high demand and added value. Tiếp tục đọc “Samsung to employ 3,000 local engineers for US$300 million R&D center in Hanoi”

Vietnam encourages US investments in energy sector

NOV 16, 2019 / 22:02

The Hanoitimes – US-based Gen X Energy is considering a US$6-billion liquified natural gas (LNG) project in Vietnam.

Vietnam encourages and support US enterprises to invest in the country’s energy sector, said Deputy Prime Minister Trinh Dinh Dung in a meeting with Scott Kicker, CEO of US-based Gen X Energy, on November 15.

 Deputy Prime Minister Trinh Dinh Dung (R) and Scott Kicker, CEO of US-based Gen X Energy (L). Source: VGP.

Dung highly regarded Gen X Energy’s interest in a US$6-billion liquified natural gas (LNG) project in Vietnam.

According to Dung, Vietnam considers the US a top partner, saying the bilateral comprehensive partnership has been growing strong on bilateral, regional and international fronts.

Dung added trade and investment activities have laid the foundation and become a major motivation for the Vietnam – US relations. Tiếp tục đọc “Vietnam encourages US investments in energy sector”

Google to move Pixel smartphone production to Vietnam, report says

NBC

The move comes as labor costs are rising in China along with added pressure from spiraling tariffs due to the ongoing Sino-U.S. trade tensions.
Image: Google Pixel

A member of the media tries a Google Inc. Pixel 3 smartphone after its sales launch event at a SoftBank Corp. store on Nov. 5, 2018 in Tokyo, Japan.Tomohiro Ohsumi / Getty Images file

Báo cáo tình hình đầu tư trực tiếp nước ngoài 5 tháng đầu năm 2019

Bộ KH&ĐT

I. Về đầu tư nước ngoài tại Việt Nam

1. Tình hình thu hút ĐTNN 5 tháng đầu năm 2019

1.1. Tình hình hoạt động

Vốn thực hiện

Trong 5 tháng đầu 2019, ước tính các dự án đầu tư trực tiếp nước ngoài đã giải ngân được 7,3 tỷ USD, tăng 7,8% so với cùng kỳ năm 2018.

Tình hình xuất, nhập khẩu

Xuất khẩu: Xuất khẩu của khu vực ĐTNN (kể cả dầu thô) đạt 70,4 tỷ USD, tăng 4,7% so với cùng kỳ năm 2018 và chiếm 69,9% kim ngạch xuất khẩu. Xuất khẩu không kể dầu thô đạt 69,5 tỷ USD, tăng 4,7% so với cùng kỳ 2018 và chiếm 69% kim ngạch xuất khẩu. Trong 5 tháng đầu năm 2019, xuất khẩu của khu vực ĐTNN tăng về mặt giá trị, song lại giảm về tốc độ tăng so với cùng kỳ năm 2018 (5 tháng đầu năm 2018, xuất khẩu kể cả dầu thô tăng 15%; xuất khẩu không kể dầu thô tăng 15,8%). Tiếp tục đọc “Báo cáo tình hình đầu tư trực tiếp nước ngoài 5 tháng đầu năm 2019”

Vietnam warned against being too eager for Chinese capital

Welcoming foreign investments, economists have once again warned about the negative impact that Chinese investments have had on Vietnam’s economy.

The concern about Chinese investments were raised after the Ministry of Planning and Investment (MPI) released a report showing that China is standing firmly in the No 1 position on the list of leading foreign direct investors in Vietnam.

Vietnam warned against being too eager for Chinese capital

Chinese registered $1.3 billion worth of FDI in the first four months

In the first four months of 2019, Chinese investors registered $1.3 billion worth of FDI in 187 projects. The investments mostly were for the processing & manufacturing industry, real estate and distribution. Tiếp tục đọc “Vietnam warned against being too eager for Chinese capital”

China becomes biggest foreign investor in Vietnam

Chinese investment has generated jobs and brought capital, but it may also bring about environmental risks and cause problems in foreign worker management, experts say.

The Q1 report about Vietnam’s macroeconomy released by VEPR (the Vietnam Institute for Economic and Policy Research) shows that implemented FDI capital increased by 7.52 percent compared with the same period last year, while registered FDI capital was $3.82 billion. Additional investment capital increased by $1.3 billion. Tiếp tục đọc “China becomes biggest foreign investor in Vietnam”

FDI paradox: the bigger incentives FIEs get, the bigger losses they incur

Last update 16:00 | 16/03/2019

VietNamNet Bridge – More and more foreign invested enterprises (FIEs) have reported losses, though they continue to enjoy attractive investment incentives. Economists say this is ‘abnormal’.

vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news, FIEs, FDI

There are 21,400 FIEs in Vietnam

A Ministry of Finance’s (MOF) report presented at a recent working session with Deputy PM Vuong Dinh Hue showed a high proportion of unprofitable FIEs.

There are 21,400 FIEs, which account for 3 percent of total existing enterprises in Vietnam. FIEs maintained high growth rates in revenue and profits from 2011 to 2017. In 2017 alone, FIEs’ turnover soared by 28 percent compared with the year before, while their asset growth rate reached 22 percent and stockholder equity 14 percent. Tiếp tục đọc “FDI paradox: the bigger incentives FIEs get, the bigger losses they incur”

Upbeat outlook for Vietnam’s FDI inflow in 2019

Last update 14:20 | 15/03/2019

Foreign investment in Vietnam is forecast to surge significantly in 2019 as many foreign investors, including big names, are showing their big interest in the country.

Upbeat outlook for Vietnam’s FDI inflow in 2019, vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news

Reports from the Foreign Investment Agency under the Ministry of Planning and Investment showed that foreign firms registered to invest US$8.47 billion in Vietnam in the first two months of 2019, up 2.5 times against the same period of last year. The firms also disbursed US$2.58 billion in the period, marking a three-year record high for the January-February period.

The positive trend is continuing this month with many provinces and cities consecutively announcing licenses for foreign projects. Tiếp tục đọc “Upbeat outlook for Vietnam’s FDI inflow in 2019”

International Arbitration Report 2015: The Current State and Future of International Arbitration: Regional Perspectives

International Bar Association – IBA Arb 40 Subcommittee

The Current State and Future of International Arbitration: Regional Perspectives

Read and download >>

Table of Contents

Preface 6

Chapter 1: Executive Summary 7

1.1 The background 7
1.2 Rise in arbitration as a dispute resolution mechanism 9
1.3 Common factors identified as key to growth 9
1.4 Common factors identified as hurdles to growth 10
1.5 The role of arbitral institutions in arbitration procedures 11
1.6 Lack of appetite for an a-national award 11
1.7 International, regional and emerging seats 17
1.8 Institutions – key trends 13
1.9 Specialism in arbitration 15
1.10 Increasing competition – a hurdle for young arbitration practitioners 15
1.11 Development of current hot topics 16
1.12 Advancements in technology 18
1.13 Predictions for key trends in jurisprudence 18 Tiếp tục đọc “International Arbitration Report 2015: The Current State and Future of International Arbitration: Regional Perspectives”

Investment protection in EU Vietnam FTA

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Vietnam Briefing | 24 August 2018

Investment protection in EU Vietnam FTA

by Koushan Das

Vietnam and the EU recently completed the legal review of their EU Vietnam Free Trade Agreement (EVFTA). The agreement will now be translated into 22 EU official languages and sent to the European Parliament for final approval. Along with the FTA, EU and Vietnam has also concluded their discussions on an Investment Protection Agreement (IPA), which they decided to keep it separate from the FTA. The IPA, which is currently undergoing a legal review, aims to protect investors and investments in EU and Vietnam. Tiếp tục đọc “Investment protection in EU Vietnam FTA”

Moon’s ’anti-corruption’ move invites ISDS lawsuits

isds.bilaterals.org

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Photo: Hankyoreh

Korea Times | 26 September 2018

Moon’s ’anti-corruption’ move invites ISDS lawsuits

By Nam Hyun-woo

The Moon Jae-in administration’s campaign to “root out archaic irregularities” appears to have backfired as global private equity funds are rushing to file investor-state dispute settlements (ISDS) over the controversial merger between Samsung C&T and Cheil Industries in 2015.

Following Elliott, which went after the Moon Jae-in government’s acknowledgement of the previous administration’s intervention in the merger, a separate U.S. private equity fund, Mason, has recently issued a similar claim. Those moves are placing the government in a dilemma over whether it should deny its own rationale or pay more than 1 trillion won (890 million) in compensation. Tiếp tục đọc “Moon’s ’anti-corruption’ move invites ISDS lawsuits”

30 năm thu hút FDI: “Cẩn trọng cuộc đua cạnh tranh xuống đáy giữa các địa phương”

01/10/2018, 07:52:56

ENTERNEWS.VN Sự chênh lệch quá lớn về kết quả thu hút FDI giữa các địa phương chính là một trong những “khiếm khuyết” của hoạt động thu hút FDI trong 30 năm vừa qua.

Theo báo cáo 30 năm thu hút FDI của Cục Đầu tư nước ngoài, sau 20 năm, nhờ biết tận dụng lợi thế , tỉnh Vĩnh Phúc đã “vươn lên” trở thành một trong những địa phương là nơi hội tụ lớn của các dòng vốn FDI của các nhà đầu tư lớn như Toyota, Honda hay Piaggio… Điều này đã góp phần làm “thay da đổi thịt” của Vĩnh Phúc. Tuy nhiên, có một thực tế phải nhìn nhận đó là các địa phương vẫn đang “lúng túng” trong việc ra quyết định đầu tư do thiếu kinh nghiệm, thiếu thông tin trao đổi giữa các địa phương và thiếu các quy chuẩn chung trong hoạt động xúc tiến đầu tư.

Một dự án nhà máy chế biến gỗ cần bao nhiêu đất là đủ cũng là câu hỏi không hề dễ đối với các địa phương.
Một dự án nhà máy chế biến gỗ cần bao nhiêu đất là đủ cũng là câu hỏi không hề dễ đối với các địa phương.

Tiếp tục đọc “30 năm thu hút FDI: “Cẩn trọng cuộc đua cạnh tranh xuống đáy giữa các địa phương””

Investment protection in EU Vietnam FTA

 

JPEG - 58.5 kb

Vietnam Briefing | 24 August 2018

Investment protection in EU Vietnam FTA

by Koushan Das

Vietnam and the EU recently completed the legal review of their EU Vietnam Free Trade Agreement (EVFTA). The agreement will now be translated into 22 EU official languages and sent to the European Parliament for final approval. Along with the FTA, EU and Vietnam has also concluded their discussions on an Investment Protection Agreement (IPA), which they decided to keep it separate from the FTA. The IPA, which is currently undergoing a legal review, aims to protect investors and investments in EU and Vietnam. Tiếp tục đọc “Investment protection in EU Vietnam FTA”