(VOV) -On October 23, Foreign Minister of the Czech Republic Lubomir Zaoralek visited an exhibition of Czech companies operating in Vietnam, saying this has opened plentiful opportunities for economic cooperation in potential fields in the coming time.
(VOV) - On October 23, DDK Group based out of Taiwan signed a business deal with Becamex IDC Corp to fund the construction of manufacturing facilities to produce bicycle saddles, grips and bags in the southern province of Binh Duong.
(VOV) - On October 22, the Japan Sumitomo Group got the green light from the Vinh Phuc provincial People’s Committee to proceed with construction of the Thang Long III Industrial Park.
A workshop will be held in Can Tho in mid-November to discuss strategies for developing logistics systems in the Mekong Delta, which currently has few.
The People’s Committee of southern Binh Duong province granted investment licenses to 38 foreign direct investment (FDI) projects in the locality on October 23, including 23 newly-licensed and 15 already-operational projects, worth a total of US$531.8 million.
(VOV) - The Consulate General of Switzerland in Ho Chi Minh City on October 22 unveiled plans for a contingent of some 20 Swiss companies to visit Vietnam this October 26-30 on a goodwill business tour.
(VOV) - At a meeting with Vietnam Ambassador to Ukraine Nguyen Minh Tri on October 22 in Kiev, Ukrainian Agriculture Minister Olexiy Pavlenko affirmed there is huge potential for agricultural trade.
Many famous casino developers have visited Vietnam since 2002 to propose resort projects, but they have not returned.
The price of small imported cars may go down sharply in the next four years given the adjustment in taxes levied on them following the commitments of Vietnam to join multiple regional and international free trade agreements, local media reported, citing the information provided by the Tax Policy Department in a recent press meeting.
The Vietnamese arm of US soft drink giant Coca-Cola has paid its 2014 corporate tax, worth some US$20 million, for the first time in two decades due to losses, according to a report the firm submitted to Ho Chi Minh City authorities in May.
Minister of Trade Vu Huy Hoang fears the livestock industry will face the biggest challenge from the Trans-Pacific Partnership (TPP), which will eliminate import tax on meat that stands currently at 15-40%.
Eight out of 10 member states of ASEAN have made investments in Vietnam with a total pledge of US$56.32 billion for 2,681 projects, the Foreign Investment Agency recently reported.
(VOV) - Vietnam mangoes meet all requirements to be shipped to Japan, opening an excellent opportunity for Vietnam fresh fruits to penetrate demanding markets, said Nguyen Trung Dung, minister-counsellor at the Vietnamese embassy in Japan.
The Joint Stock Commercial Bank for Foreign Trade of Vietnam, Vietcombank, on October 22 signed a contract with Credit Suisse and the Vietnam International Law Firm (VILAF) for a new equity issue.
Ho Chi Minh City’s consumer price index (CPI) in October increased 0.06 % from the previous month, according to its Statistics Office.
(VOV) -The Czech Republic’s Minister of Foreign Affairs Lubomir Zaoralek highlighted the two countries’ potential for economic, trade and investment cooperation at the Vietnam-Czech Republic Business Forum held in Ho Chi Minh City on October 22.
(VOV) - The Japanese government recently announced that tariffs on all vegetable and most fish and seafood imports will vanish under the Trans-Pacific Partnership (TPP) trade deal recently secured by Vietnam, Japan and 10 other countries.
Indonesian President Joko Widodo has given the green light for rice import from Vietnam and Thailand in a bid to cater for domestic consumption and stabilise prices.
The Vietnam Institute for Economic and Policy Research (VEPR) has said the central bank should adopt a more cautious monetary policy to avoid asset bubble risk in the future.
Hanoi’s consumer price index (CPI) for October showed an increase of 0.12% over the previous month and a year-on-year rise of 0.42%, according to the Hanoi Statistics Offices (GSO) .
(VOV) - Vietnam-Brazil trade turnover jumped 20.8% to US$2.723 billion in the January-September period and is likely to reach US$4 billion this year, according to the Ministry of Industry and Trade (MoIT).
The Vietnamese economy is steadily recovering, but growth remains below the country’s real potential. Keeping a flexible monetary policy will help the economy grow sustainably. Eugenia Fabon Victorino, economist of ANZ in the ASEAN and Pacific, shares her views with VIR.
Imported genetically modified (GM) foods, especially grains, have flooded the Vietnamese market in recent years, but they are almost surreptitiously sold, with people knowing little about them.
Hongkong-based Cathay Pacific Airways recently received the airline’s 70th 777 aircraft – also the last and 53rd 777-300ER (Extended Range) of the confirmed orders – that had made them Asia’s largest operator of the 777 fleet.
It is still unclear how much of Vinamilk’s stake will be sold to foreign investors. Experts have warned that once foreign investors hold the controlling stake in Vinamilk, they would control the Vietnamese dairy market.
The 15th Vietnam International Textile, Garment, and Apparel Accessories Industry Exhibition kicked off in Ho Chi Minh City on October 21.
The Vietnamese economy will likely expand more than 6% annually over the next few years thanks to continued export resilience and ongoing reform measures by the government to improve the country's business environment, according to BMI research firm.
Many Japanese firms in Vietnam have failed to make the most of the tariff preferences under Vietnam-Japan free trade agreement, said Atsuko Fukagawa, deputy managing director of the Japan External Trade Organisation (JETRO) office in Ho Chi Minh City.
The steel industry will grow 12% in the next two year under the impact of the Trans-Pacific Partnership (TPP), Nguyen Minh Nhut, director of BlueScope Steel Vietnam Limited, said at a press conference on October 21.
The Vietnamese business community must develop new business strategies in order to be more competitive after the Trans-Pacific Partnership (TPP) takes effect, delegates heard at a conference.