Vietnam Seeks to Boost Domestic Value-Added from FDI
Vietnam is shifting its foreign direct investment (FDI) strategy from simply attracting projects to prioritizing technology transfer and integration into domestic supply chains. This aims to enhance the competitiveness of local firms and promote industrial upgrading.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- Vietnam Enacts New Corporate Income Tax Law to Align with International Standards
Vietnam has enacted a new Corporate Income Tax Law, aligning its tax regulations with international reforms. The revised law clarifies taxation on foreign-sourced income and addresses the global minimum tax (GloBE), enhancing tax transparency for foreign enterprises.
- European Nations Deepen Economic Ties with Vietnam Amidst Human Rights Concerns
Vietnam is set to sign a Free Trade Agreement (FTA) with the European Free Trade Association (EFTA) on October 18, while the EU aims to boost cooperation on strategic mineral supply chains. However, the arrest of individuals linked to the pro-democracy group Viet Tan has cast a diplomatic shadow over these developments.
- Singapore's Q3 GDP Growth Surpasses Estimates at 5.4%
Singapore posted a GDP growth of 5.4% in the third quarter, exceeding analyst forecasts. While manufacturing slowed, construction and services sectors drove overall expansion, with AI-related activities and trade/transport services being key contributors.
- Ca Mau Province Attracts High-Tech Agriculture Investment from Israel
Ca Mau Province in southern Vietnam held discussions with Israel's Dagan Group to explore potential investment cooperation in high-tech agriculture. The province emphasizes technological innovation for double-digit growth and digital transformation.