A number of food companies based in HCM City are planning to relocate their manufacturing facilities to neighbouring provinces for various reasons including cost.
CEVA Logistics, one of the world’s leading supply chain management companies, has officially opened its new facility in Ho Chi Minh City, doubling the size of its local operations in order to exploit the potential of the local logistics market.
With its series of recent free trade agreements, Vietnam is becoming very attractive to foreign businesses, especially in the textile and garment sector.
Experts have said Vietnam's pepper industry had better change its growth model and enhance quality to take advantage of free trade agreements (FTAs).
Vietnam’s economy has been better off over the last three years with exports growing rapidly.
The EU Vietnam free trade agreement (EVFTA) has been compared to a highway which allows businesses to go faster and boost their exports.
VOV.VN - Vietnam's exports to markets that have signed FTAs with Vietnam have recorded robust growth during the seven-month peirod, according to the Ministry of Industry and Trade (MoIT),
VOV.VN - Representatives from the Taiwan External Trade Development Council (TAITRA) and Vietnam Chamber of Commerce and Industry (VCCI) affirmed their commitments to strengthening connectivity between the two sides towards stronger co-operation in investment and trade.
Vietnam is said to change its regulatory framework to tap potential offered by FTAs.
Vietnam has vowed to prevent and discover origin fraud in an effort to protect domestic production.
Seafood shares advanced in the first half of the year as the freshly signed EU-Vietnam Free Trade Agreement (EVFTA) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) have positive impacts on the business results of seafood exporters, according to insiders.
VOV.VN - Shrimp exports are expected to gain a boost during the remainder of 2019 thanks to positive impacts from the free trade agreements Vietnam has signed, particularly the freshly signed EU-Vietnam Free Trade Agreement.
VOV.VN - Vietnamese exports, which benefited from the tax incentive mechanism of the free trade agreements (FTA) the country has signed, posted US$46.2 billion in value during 2018, or 39 per cent of the total exports to the FTA signatories.
Opportunities provided by free trade agreements (FTAs) will only exist on paper if local authorities and enterprises do not take prompt and concrete actions to take advantage, experts said at a meeting on July 10 in Hanoi.
Vietnam has no regulations on criteria for goods to be labeled ‘made in Vietnam’, so consumers have no basis to distinguish ‘made in Vietnam’ and foreign-made products.
The footwear sector has optimised opportunities from free trade agreements (FTAs) that Vietnam has signed to increase exports, according to insiders.
It is expected that the average dairy product demand of Vietnamese will increase to 28 liters per annum by 2020.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EU-Vietnam Free Trade Agreement (EVFTA) will create opportunities for Vietnam to boost agricultural exports and improve the capacity of the domestic farming sector, heard a conference in Hanoi on June 26.
With its engagement in many free trade agreements, Vietnam is becoming an enticing destination for foreign investors who want to engage with the country to improve their supply chains.
Preferential export taxes offered by the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) are expected to be promulgated this month. However, the tax reduction is only one of the incentives for Vietnamese goods when entering markets, not a ‘lifesaver’ for businesses, said the Ministry of Industry and Trade (MoIT).
