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Vietnam, RoK strengthen trade, investment cooperation

Vietnam, RoK strengthen trade, investment cooperation

Considerable developments in politics, economy, labour and socio-culture have been recorded in the Vietnam-the Republic of Korea (RoK) relations thanks to joint efforts made by the two countries since they set up diplomatic ties in 1992.

Trade deficit not a cause for concern

Trade deficit not a cause for concern

Despite Vietnam’s large trade deficit with the Republic of Korea, concerns are being allayed with the latter boosting investment and exports for production and re-export in the former, to take advantage of tax cuts under a regional trade pact.

Dong Nai ranks third for FDI attraction

Dong Nai ranks third for FDI attraction

VOV.VN - The southern province of Dong Nai currently ranks third among localities nationwide for attracting foreign direct investment (FDI), only behind Ho Chi Minh City and Binh Duong, according to the provincial Department of Planning and Investment.

Expanding trade surplus aids growth

Expanding trade surplus aids growth

Vietnam expects a bright export picture for 2018, driven by the key export items of phones and electronic components, textiles and garment and footwear, as well as a growing trade surplus despite protectionist measures coming into effect across the globe.

Vietnam-Korea Design Centre debuts in Hanoi

Vietnam-Korea Design Centre debuts in Hanoi

VOV.VN - On October 5, the Vietnam Trade Promotion Agency (Vietrade) in collaboration with the Korean Institute of Design Promotion (KIDP), the Ministry of Trade, Industry and Energy of Korea inaugurated the Vietnam-Korea Design Centre at 17 Yet Kieu street, Hai Ba Trung district, Hanoi.

Trade union established in LG Innotek Vietnam-Hai Phong

Trade union established in LG Innotek Vietnam-Hai Phong

The Hai Phong Confederation of Labour and the trade union organisation of the Hai Phong Economic Zone on June 21 announced a decision to establish a trade union in the LG Innotek Vietnam-Hai Phong at Trang Due Industrial Park.

Chinese smartphones invade Vietnamese market

Chinese smartphones invade Vietnamese market

The eye-catching positions at mobile phone shops in Hanoi and HCM City are now reserved for Oppo, Huawei and Vivo products, next to the areas reserved for the bestsellers of Samsung and Apple.

Hanoi hopes to enhance relations with RoK

Hanoi hopes to enhance relations with RoK

Chairman of the Hanoi People’s Committee Nguyen Duc Chung expressed his hope that Ambassador of the Republic of Korea (RoK) Kim Do-hyun will serve as a bridge connecting Hanoi and the RoK’s localities while hosting the newly-accredited diplomat on May 28.

Firms advised to better capitalise on Vietnam-Korea FTA

Firms advised to better capitalise on Vietnam-Korea FTA

The enforcement of the Vietnam-Korea Free Trade Agreement (VKFTA) has been bringing new opportunities to businesses of both nations, but the number of Vietnamese firms capitalising on the deal is lower than expected.

Korean SMEs’ exports to Vietnam soar in 2017

Korean SMEs’ exports to Vietnam soar in 2017

Small- and medium-sized enterprises (SMEs) of the Republic of Korea (RoK) exported US$12.6 billion worth of goods to Vietnam in 2017, up 33.4% over the previous year, reported the Korea Small Business Institute (KOSBI).

US tariffs to wash out local imports

US tariffs to wash out local imports

Washing machines and solar panels manufactured in Vietnam and exported to the US will be slapped with new US tariffs, a concern to manufacturers who still plan to keep their investments in the country on track.

Trade surplus: Joy and anxiety

Trade surplus: Joy and anxiety

The General Statistics Office (GSO) has announced there was an excess of exports over imports of US$2.8 billion in the first 11 months of the year. However, this was overshadowed by the fact that most of the reports came from FIEs, while domestic enterprise contributions were modest.

Vietnamese electronics industry in desperate need

Vietnamese electronics industry in desperate need

The Vietnamese electronic supporting industry is considered too weak to access the global supply chain. Without linkages and collaboration, Vietnamese businesses will lose their market share.

LG launches start-up competition for youth with disabilities

LG launches start-up competition for youth with disabilities

VOV.VN - LG Group successfully organized a ‘Global IT Challenge’ competition for global youth with disabilities on September 19-21 with the aim of helping them to integrate into the society and seek employment opportunities.
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