The COVID-19 pandemic has severely dragged down revenues of the Vietnam Airlines Corporation (Vietnam Airlines) and the Airports Corporation of Vietnam (ACV) in the second quarter of this year.
The northern province of Hai Duong is anticipated to ship a batch of 250 tonnes of longans to the European, Australian, and Singaporean markets during the harvest season this year, according to local authorities.
David Jarkulisch, an economic diplomat from the Czech Republic, has spoke highly of positive changes in Vietnam’s revised Law on Investment which aims to attract and bolster efficiency of foreign investment.
Hanoi should focus on improving its infrastructure system while hastening administrative reforms to attract investors eyeing Vietnam amid the global production shift, experts have said.
A special flight from Germany has brought 226 diplomats and businesspeople from 15 European countries, and all were quarantined on arrival.
Vietnam has emerged as a popular destination for industrial property projects as increased labour costs, trade disputes and COVID-19 prompt global manufacturers to vary their supply chains throughout Asia, according to CBRE.
The European Union – Vietnam Free Trade Agreement (EVFTA) not only promotes trade and investment growth between Vietnam and the EU but also creates a driving force to boost cooperation in improving growth quality, towards sustainable development, experts said.
July 28 marks 25 years of Vietnam joining the Association of Southeast Asian Nations (ASEAN), the 10-country bloc with its highest economic growth rate in the world (6% annually).
With the EU-Vietnam Free Trade Agreement (EVFTA) set to come into force on August 1, it is considered a great opportunity for the Vietnamese textile and apparel industry, despite concerns that the rules of fabric origin will make it tough for local products to enjoy the benefits of the trade deal.
The Ministry of Commerce of Thailand has initiated plans to reduce pork exports to regional countries, including Vietnam, following an escalation in terms of domestic pork prices.
The Government has issued a resolution approving the first protocol that amends the ASEAN Trade in Goods Agreement (ATIGA).
The Ministry of Industry and Trade (MoIT) has applied anti-dumping measures on some products with bi-axially oriented polypropylene (BOPP) film originating from China, Thailand and Malaysia.
Challenges will overwhelm opportunities for Vietnamese part suppliers if they are unable to find ways to upgrade technology and meet international production standards, business executives said on July 24.
The northern mountainous province of Son La said it has just exported 30 tonnes of locally-grown longans to China, one of its farm produce consumers, opening the door for this kind of fruit to penetrate the huge lucrative market.
Deputy Prime Minister and Foreign Minister Pham Binh Minh has said that as Vietnam’s stature has increasingly improved it is now time for the country to be more selective in its FDI attraction efforts.
The 2020 Vietbuild International Exhibition opened in the Mekong Delta city of Can Tho on July 23, after being successfully held in HCM City a month ago.
Vietnam is entering a level playing field in which efficient solutions to maintain economic development always causes headaches for experts and business leaders.
The Ministry of Finance of Vietnam and the Treasury of New Zealand signed a memorandum of understanding (MoU) on financial cooperation in Hanoi on July 23.
Japan will assist apparel maker Matsuoka Corp. in producing protective clothing in Vietnam to diversify supply chains and lessen its dependence on China amid the coronavirus crisis.
European businesses are more positive about Vietnam’s trade and investment environment in the first few months after COVID-19, the Business Climate Index (BCI) unveiled by the European Chamber of Commerce in Vietnam (EuroCham) on July 22 showed.