Southeastern Vietnam localities seek FDI for new industries theinvestor.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theinvestor.vn Daily Mail and Mail on Sunday newspapers.
New orders have prompted many businesses in Ho Chi Minh City, Binh Duong and Dong Nai provinces to resume operations right after the Lunar New Year holiday (Tet), welcoming a large number of employees back to work.
Vietnamese wood businesses are facing countless difficulties due to a lack of orders, rising costs, and slow tax refunds, and many of them have scaled back operations as they wait for the market to recover.
Binh Minh Plastics JSC, a subsidiary of Nawaplastic Industries which is a member of Thailand’s Siam Cement Group (SCG), will pay over VND8.6 billion ($352,800) in fines and tax arrears per a decision by the General Department of Taxation.