The Ministry of Finance on Monday proposed that the Prime Minister temporarily stop collecting export tariffs levied at 5% on tapioca chips since the business was facing difficulties.
Bloomberg's Haslinda Amin reports on the trade deal between the EU and Vietnam. She speaks with Bloomberg's Shery Ahn on "First Up."
Merger and acquisition activities are now blossoming in Vietnam thanks to the clearer economic recovery, thriving GDP growth, newly signed free trade agreements and the formation of the ASEAN Economic Community (AEC) at the end of this year.
Following the conclusion of the EU-Vietnam Free Trade Agreement negotiations in July and expectations that it will be signed later this year, Liliana Lizarazo Rodriguez, a free trade agreement specialist at Belgian law firm A–Law International and the firm’s managing partner Patricia Leers discuss the challenges facing Vietnamese companies once this agreement takes effect.
Authorities of the southernmost province, Ca Mau, have affirmed their support of a project to construct a wind-power plant in Ngoc Hien district.
The processing industry earned approximately US$71.9 billion from exports in the first seven months of 2015, up 18.7% from last year and contributing 77.9% of Vietnam’s total export revenue, reported an official from the Ministry of Industry and Trade (MOIT).
The Sai Gon Thuong Tin Bank (Sacombank) said on August 3 that it had officially opened its wholly-owned subsidiary bank headquartered in the Lao capital city of Vientiane.
A workshop was held in Hanoi on August 4 to collect opinions on the draft revised law on export and import duties, a move to align the nation’s regulations with the free trade environment Vietnam has promised its partner countries.
Retail petrol prices were revised down VND816 per litre as of 3 pm on August 4, marking the 13th price adjustment this year.
(VOV) - The 2015 Vietnam Trademark Forum was held on August 4 in Hanoi as part of the “Proud of Vietnamese trademarks” programme.
Deputy Minister of Industry and Trade and General Secretary of the National Committee for International Economic Cooperation Nguyen Cam Tu spoke with Nhan Dan (People) newspaper about Vietnam's preparations for the upcoming establishment of the ASEAN Economic Community (AEC) in late 2015.
(VOV) - A Thai business delegation visited Ho Chi Minh City on August 4, and attended a seminar on investment cooperation between Vietnam and Thailand.
With the trend towards deeper integration, Vietnamese firms in logistics and supply chain management need to become more competitive to stay afloat, according to the Vietnam Logistics Association.
(VOV) - Vietnam and the Delegation of the European Union (EU) on August 4 unveiled an agreement on the EU-Vietnam Free Trade Agreement (EVFTA) negotiations.
(VOV) - Vietnam has concluded all bilateral negotiations with members of the Trans-Pacific Partnership (TPP) Agreement, according to the Ministry of Industry and Trade (MoIT)'s Multi-border Commercial Policy Department (MCPD).
Large supermarkets in Vietnam like Lotte Mart, Co.op Mart and Big C have become a powerful channel to help export local products to overseas markets, especially the Republic of Korea (RoK), the EU and Japan.
Retailers have been opening up more convenience stores to attract youth and students.
Local authorities have ensured adequate supplies of essential commodities to guard against any undue price rise in the local markets on account of floods, an official of the Ministry of Industry and Trade (MOIT) said on August 3 in Hanoi at the ministry's online meeting.
Demands for loans in US dollars have again increased in recent months, thanks to low interest rates and a stable exchange rate.
The Government has required relevant ministries and organisations to clarify whether US producers are selling cheap frozen chicken legs on the Vietnamese market.
Vietnam is the country likely to achieve the biggest gross domestic product (GDP) increase in percentage terms by joining the Trans-Pacific Partnership and ASEAN Economic Community in almost all simulation scenarios, according to a study by the Vietnam Institute for Economic and Policy Research.
Official development assistance (ODA) sources provided for the central province of Thua Thien-Hue have been used effectively, especially in developing local infrastructure facilities.
Representatives from the Ministry of Transport (MoT) and their Thai counterparts have reached consensus on a range of matters at a recent working session, Pham Thanh Tung, Director General of the MoT’s International Cooperation Department, shared with the Vietnam News Agency.
Vietnam’s farming sector has been urged to drastically and effectively restructure itself amid concern over more intense competition once the Trans-Pacific Partnership deal takes effect.
Minister of Industry and Trade Vu Huy Hoang talks to Kinh Te Viet Nam va The Gioi (Vietnam Economy and World) about measures to help farmers resolve difficulties with consumption and production.
(VOV) - More than 20 guest speakers will address those attending this year’s annual Mobile Marketing Association (MMA) Forum this August 30 in Ho Chi Minh City, organizers have unveiled.
The southern province of Dong Nai attracted 57 foreign direct investment (FDI) projects with registered capital of over US$1.1 billion in the first seven months of this year, said the provincial Department of Planning and Investment.
Foreign direct investment inflows into Vietnam are expected to spike in the coming months thanks to the new legal investment framework and free trade agreements in effect.
The tightening of control over truck loads and the loosening of control over imports have led to the sharp increase in the number of imported Chinese trucks imported.
Despite the progress made, the latest talks to secure the Trans Pacific Pact (TPP) have stalled.