link ae888

Vietnam among destinations with better investment guarantees from Germany

Vietnam has been listed among the 34 countries where German businesses will receive better investment guarantees from the Government of Germany when they invest there.
Vietnam among destinations with better investment guarantees from Germany ảnh 1Vietnam is one of the 34 countries where German investors will receive better investment guarantees from the Government of Germany. (Photo: VNA)
Berlin (VNA) – Vietnam has been listed among the 34countries where German businesses will receive better investment guarantees fromthe Government of Germany when they invest there.

The move by the German Government aims to ensure that itscountry’s economy is not dependent on a single market.

The Handelsblatt newspaper cited a paper from the FederalMinistry for Economic Affairs and Climate Actions as saying that the GermanGovernment has decided to improve the conditions of investment guarantees forselected countries and territories.

If companies invest in one of the 34 listed countries, thedeductible for the firms in the event of a loss will be halved. In addition,the warranty fees will also be reduced.

The 34 destinations consist of Vietnam, India, Indonesia,Malaysia, the Philippines and Thailand (South/Southeast Asia); Georgia,Kazakhstan and Uzbekistan (the Caucasus/Central Asia); Argentina, Brazil,Chile, Colombia and Peru (South America); Albania, Bosnia-Herzegovina, Kosovo,Montenegro, North Macedonia, Serbia and Turkey (Europe); and Egypt, Algeria,Ethiopia, Benin, Côte d'Ivoire, Ghana, Kenya, Morocco, Rwanda, Senegal, Togo, SouthAfrica and Tunisia (Africa).

Investment guarantees are centralto the foreign trade policy of Germany. If a company invests in adeveloping or emerging country, it can apply for insurance from the Federal Government. Ifthe company has to write off its investment due to expropriation, war or lawviolation in the country of its investment, the German Government willreimburse most of the loss.

Vietnam among destinations with better investment guarantees from Germany ảnh 2The Thai Hoa - Lien Son - Lien Hoa Industrial Park in Lap Thanh district, Vinh Phuc province (Photo: VNA)
As of June 2023, the Federal Governmentsecured around 30 billion EUR (31.7 billion USD) in investments.

The improvement of the conditionsof investment guarantees aims to encourage German businesses to invest in some countriesthat haven’t been tapped into.

FranziskaBrantner, State Secretary at the Federal Ministry for Economic Affairs andClimate Actions, said that with the new incentives, Germany looks to stronglysupport its economy which is in the diversification process to promote itsresilience to crises.

The list of the 34 countries and territories were made basingon internal and external experience reports, their geographically balancedlocations, and potential for German companies, according to the Handelsblatt newspaper./.
VNA
#German businesses #Germany #investment guarantees #German Government 🙈#Federal Ministry for Economic Affairs and Climate Actions #updated Vietnam news #Vietnamplus #Vietnam News Agency Germany Vietnam

See more

A motorbike production line of Honda Vietnam — a Japanese company located in Phu Tho province. (Photo: VNA)

🃏 Phu Tho emerges as FDI magnet following mergence

In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Infraction levels will correspond to fines of 1-80 million VND, depending on the nature and number of invoicing violations. (Photo: vietnamfinance.vn)

🧔 Maximum fine of 3,000 USD proposed for violating invoice regulations

Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
At the strategic partnership signing ceremony between Sun PhuQuoc Airways and Amadeus. (Photo: Sun Group)

🔥 Sun PhuQuoc Airways enters strategic partnership with Amadeus to build a five-star aviation technology ecosystem

A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
A local resident makes a bank transfer using the Momo app. (Photo: VNA)

ꦕ Banks accelerate digitalisation, non-cash payments

Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
{dagathomo tructiep hôm nay}|{link ae888 city 165}|{dá gà thomo}|{trực tiếp đá gà thomo hom nay}|{sbobet asian handicap}|