Local firms in M&A upswing

Local firms in M&A upswing

Vietnamese hoteliers are beginning to turn the ­tables in the resort chain world by snapping up properties from international hotel chains.
Vietnamese goods campaign promote local firms’ development

Vietnamese goods campaign promote local firms’ development

A campaign urging local people to buy “Made-in-Viet Nam” products has helped develop businesses across the country.
Vietnam anticipates new wave of outbound investment

Vietnam anticipates new wave of outbound investment

Economists call for Vietnam to step up outbound investments to maximise outside resources and contribute to the country’s regional and international position.
Free trade fuels business hopes

Free trade fuels business hopes

As Vietnam’s economy slows, future trade opportunities can give businesses some rays of hope. While demand in traditional export markets has declined, Vietnam needs to seek new export markets, while working on the implementation of a free trade agreement (FTA) with the EU and nurturing its domestic demand.
Knocking transfer pricing on the head

Knocking transfer pricing on the head

Transfer pricing is increasingly raising its ugly head. Deputy minister of Finance Do Hoang Anh Tuan told VIR the tax sector not only took drastic measures to fight transfer pricing at foreign-invested enterprises, but local firms were also subject to strong actions.
Goalposts move for local players

Goalposts move for local players

Local exporters are struggling to compete equally with foreign-invested firms on home turf.
Retailers split over direction ahead

Retailers split over direction ahead

The concept of partnering foreign retailers to enhance competitiveness is triggering divergent opinions among local industry insiders.
Garment makers get stitched up

Garment makers get stitched up

Local garment and textile firms are fearful of not fulfiling their overseas shipment deals in the last months of 2010 due to shortages of power and labour.