VOV.VN - The Ministry of Industry and Trade has formally asked that the Republic of Korea (RoK) consider imposing a reasonable tax rate based on provisions outlined in the Vietnam-Korea Free Trade Agreement (VKFTA).
VOV.VN - The overall figure for foreign direct investment (FDI) in Vietnam for the year so far reached US$13.9 billion as of May 20, an annual decline of 17%, according to the latest figures released by the General Statistics Office.
Policies to develop the industrial sector will be the key to keeping Vietnam’s out of the middle income trap, experts said at a workshop in Hanoi on May 23.
Vietnam’s manufacturing Purchasing Managers’ Index (PMI) climbed from a 10-month low of 51.5 in September to 53.9 in October, pointing to the strongest improvement in the health of the country’s manufacturing industry since July, IHS Market’s Nikkei reports released on November 1 showed.
The manufacturing-processing industry absorbs more than half (57.9%) of the foreign direct investment (FDI) inflow into Vietnam over the past years to May 2018, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.
Vietnam’s manufacturing and processing industry is optimistic for the second quarter of 2018, with 91% of enterprises in the industry predicting production volume to expand or stay flat from the first three months of the year, according to a recent survey by the General Statistics Office (GSO).
Vietnam always encourages and creates all possible conditions for Japanese firms to invest in the country, especially in manufacturing industry and high-tech agriculture, Vice President Dang Thi Ngoc Thinh has said.
While global trade policies take place among the world’s powerful economies, small economies like Vietnam have to sustain enormous impact from the shifts in policies.
Some 11,000 enterprises were established with a registered capital of VND98.27 trillion (US$4.31 billion) in the first month of this year.
VOV.VN - As of October 20, Vietnam has attracted US$28.24 billion in foreign direct investment (FDI) capital, a year-on-year increase of 37.4%, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
Vietnam’s industry has gained significant achievements over the past decade with industrial production value increasing 3.5 times, contributing approximately 32% to the country’s GDP. However, the development pace has slowed in recent years.
The national index of industrial production (IIP) was estimated to rise 7.4% in April, reported the General Statistics Office (GSO) on May 1.
Japanese investors have shifted their focus from manufacturing industry to service as the growing domestic market in Vietnam offers a very promising prospect for the sector.
There was a sharp increase in the recruitment demands for senior and mid-level managers in Vietnam in 2016 while new industries have been forecast to emerge in 2017, according to a recent report.
Hanoi’s index of industrial production (IIP) in the first seven months of this year grew robustly, surging by 7% year-on-year.
The Index of Industrial Production (IIP) in the first half of 2016 grew by 7.5% from a year earlier, compared to the 9.7% recorded for the same period last year, according to the General Statistics Office.
The 14th International Precision Engineering, Machine Tools and Metalworking Exhibition and Conference (MTA Vietnam 2016), featuring the latest in advanced technologies and equipment, will be organised in Ho Chi Minh City from July 5-8.
VOV.VN - This year’s MTA Hanoi 2016, April 26-28, exhibition will feature an extensive program of events, giving the expected 4,500 visitors the opportunity to see the most current product innovations in the manufacturing industry.
With 5,584 firms established in February, the country saw 13,904 new companies begin operations in the first two months of 2016, up 1% year-on-year, the General Statistics Office (GSO) reported.
The 6th International Plastics and Rubber, Technologies and Materials Exhibition and Conference for Vietnam (Plastics & Rubber Vietnam 2016) will take place from March 1 to 3 at Saigon Exhibition and Conference Centre (SECC) in Ho Chi Minh City.