FIA: Global minimum tax and currency devaluation affecting FDI
Speaking at a VIR conference, Do Van Su, deputy director general of FIA, said the recent fall in FDI inflows has been caused by shifts in global tax policy.
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Speaking at a VIR conference, Do Van Su, deputy director general of FIA, said the recent fall in FDI inflows has been caused by shifts in global tax policy.
Vietnam Investment Review will hold a conference on May 15 to discuss the long journey of foreign investment in Vietnam, and how to foster more in the new era.
A global deal to ensure multinational companies pay a minimum tax rate of 15 per cent will force Vietnam to change the way it attracts foreign investors, local newspaper Vietnam News has reported.
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An increase in FDI last month leads to a confidence boost in investor sentiment for 2023.