Investment

Foreigners working at FDI projects seek a level of housing and services that Vietnam is now committed to providing.

The discussion on the draft amendment to the Electricity Law saw National Assembly deputies focusing on proposing special mechanisms for biomass energy, improving the legal framework for rooftop solar power, and risk-sharing mechanisms for offshore wind power, aiming to resolve bottlenecks and ensure national energy security.

With the new incentives, Ho Chi Minh City has reaffirmed its position as a dynamic economic hub attractive to foreign investment.

VARS recommends that the compensation rate for land should not be less than 100% of the land price determined according to the land price table and the K coefficient at the time of approving the compensation, support, and resettlement plan.

Notably, the total newly registered and additional investment capital reached over industrial zone VND108.272 trillion (more than $4.2 billion), nearly three times the same period last year.

The policy applies to three groups of enterprises: high-tech enterprises in the private economic sector; small and medium-sized enterprises as defined by law; and innovative startups recognized according to regulations.