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European firms upbeat about free trade pact with Vietnam

eurofirmsNine out of ten European companies want the European Union-Vietnam Free Trade Agreement (EVFTA) to be implemented next year, or as soon as possible thereafter, according to a report released by the European Chamber of Commerce in Vietnam (EuroCham).

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Customs strengthen to implement Directive on imported scrap

scrap1210General Department of Vietnam Customs sent documents to provincial Customs Departments for researching and implementing strictly Directive 27/CT-TTg about urgent solutions for strengthening the work of management for importing and using imported scrap for production.

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UK-Vietnam joint statement, London, 10 October 2018

s300 UK VietnamThe Foreign Secretary, Jeremy Hunt agreed a joint statement with the Vietnamese Deputy Prime Minister, Pham Binh Minh during his visit to the UK.

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PM encourages Japanese firms to invest in Vietnamese SOEs

pm-encourages-japanese-firms-to-invest-in-vietnamese-soes-22-.0613Prime Minister Nguyen Xuan Phuc has encouraged Japanese businesses to become strategic partners of Vietnam State owned enterprises SOEs especially in industrial infrastructure construction.

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Vietnam plays important role in Mekong-Japan cooperation mechanism

canghaiphongVietnam has participated proactively and made significant contributions to the Mekong-Japan cooperation mechanism, which was set up ten years ago by Japan and five Mekong nations of Cambodia, Laos, Myanmar, Thailand, and Vietnam.

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Vietnam to filter out FDI projects with national benefit

FDI1106Vietnam will get selective with new FDI projects, rejecting those that don’t benefit the country, a senior official says. Minister of Planning and Investment Nguyen Chi Dung said even though FDI projects have made remarkable contributions to the Vietnamese economy, there were several drawbacks to be dealt with.

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Trade turns growth engine for globalizing Vietnam

toancauhoaVietnam’s trade as a percentage of GDP topped 200 percent last year, highest for any country with over 50 million people. This data, compiled by the World Bank, shows that the country is reaping the benefits of an open economy at a time that protectionism is on the rise, as can be seen by the U.K’s exit from the E.U. and the rising trade tensions between the U.S. and China.

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Fee of 100% ofprocedures processed via National Single Window collected by e-method

motcuaquocgiah1yjmnuabnThe Prime Minister has just approved an action plan for promotion of National Single Window, ASEAN Single Window and reform of specialized inspection for import and export goods and trade facilitation for 2018-2020.

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Nghe An strives to boost border trade with Laos

ngheanThe central province of Nghe An has made various efforts to facilitate trade promotion activities and goods exchange with Laos, thereby boosting border trade between the two sides.

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Vietnamese experts sound alarm over US-China trade war impacts again

congnhannhamayLow-tech, polluting FDI firms will try to set up shop in Vietnam as the U.S.-China trade war escalates, experts have warned. Nguyen Bich Lam, head of the General Statistics Office, said that small-scale Chinese firms are likely to eye a shift to Vietnam to avoid high tariffs imposed by the U.S.

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