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Cashew from the heart to the world
Farmers’ profits from cashew in 2016 are predicted to be much higher than in previous years, even though the harvest season has only just begun.
Korean cosmetics and food enterprises look for Vietnamese match
Korean cosmetic and food manufacturers see great potential in expanding their distribution channels in Vietnam by making direct contact with Vietnamese distributors, retailers, and manufacturers to benefit from the Vietnam-Korea Free Trade Agreement (VKFTA).
Korea nudges out rivals in electronics
Korean tech giants like Samsung and LG Display are rapidly replacing Japanese firms in electronics production of TVs and other consumer electronic goods in Vietnam.
Becamex spearheads IP expansion
With various free trade agreements coming into effect in the coming months and years, the southern province of Binh Duong is eager to build more industrial parks to attract foreign companies ramping up investment in Vietnam.
Counting the cost of FDI opportunity
International organisation ActionAid Vietnam recently questioned the annual US$20-million loss of corporate tax income in Vietnam caused by the preferential tax system for foreign-invested enterprises, sparking a discussion on whether the generous treatment of those firms is justifiable.
Kyoei Steel has its mettle tested by foreign imports
A delayed US$218 million steel project in the northern province of Ninh Binh, which is wholly owned by Japan’s Kyoei Steel Company, has been left hanging due to a steel glut and frequent knock-backs in the Vietnamese market.
What will be the fate of Valeant’s Vietnam venture?
Investor William Ackman, whose Pershing Square Capital Management owns 9% of troubled Canadian drug maker Valeant Pharmaceuticals, said earlier this week that the company would not sell its “crown jewel” assets.
Viettel wants a slice of Ethiopia
Viettel Group has recently decided to open a representative office in Ethiopia, as part of its plans to expand its market coverage to between 300 and 400 million people by 2017.
Formosa Ha Tinh awaits inspection
The interdisciplinary inspection team led by the Ministry of Natural Resources and Environment has started to check the wastewater treatment system of Hung Nghiep Formosa Ha Tinh Steel Ltd. to clarify the linkages between the company’s discharge and the mass fish death in Central Vietnam.
TPP may upset local agricultural firms
Vietnam’s agricultural produce will face strong competition from the US as the Trans-Pacific Partnership requires it to eliminate import tariffs on many US products.