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FIEs seek support over social insurance payout schedules

In the context that the production and business situation continues to be severely affected due to the latest outbreak of COVID-19, foreign-invested enterprises in Vietnam are looking to suspend or extend deadlines for payment of social insurance premiums, just as the Vietnamese government has reduced and exempted taxes since last year. ....

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Vietnam needs new requirements for foreign investors

Vietnam needs to be more selective when receiving foreign direct investment (FDI), and should set requirements, just as foreign investors do in exchange for being able to invest in Vietnam, experts say. ....

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Mayorkas Defies GOP Legislators: 'The Border Is Closed'

Mayorkas Defies GOP Legislators: 'The Border Is Closed'
alipac.us - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from alipac.us Daily Mail and Mail on Sunday newspapers.

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Nakasongola defies govt, votes to create new sub-county

While government suspended the creation of new administrative units and local governments on April 9, the Nakasongola District authorities have defied the directive ....

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Value sharing and opportunities for Vietnamese suppliers in global value chain

Value sharing and opportunities for Vietnamese suppliers in global value chain
08:00 | 05/05/2021
BAT is supporting its suppliers through annual quality audit
Vietnam is recognised as the worldâs leading producer of motorbikes with 3.2-3.5 million units per year. About 80 per cent of components and spare parts are domestically produced, but most of them are made by foreign-invested enterprises (FIEs). Domestic enterprises can only produce plastic parts.
While Made in Vietnam Nike shoes are priced at $100-200, Vietnamese parts contribute less than $10. These examples typically indicate that the participation of Vietnam in global supply chains is modest.
Recently, the situation has improved as more multinational corporations (MNCs) and FIEs have cooperated with their Vietnamese suppliers to promote sustainability through various practical activities, such as supporting improvements in business management and operation as we ....

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