The Vietnamese Embassy in Belgium, in collaboration with the European Union (EU), the EU-Vietnam Friendship Parliamentarians’ Group and the European Institute for Asian Studies, held a workshop in Brussels on June 20 to speed up the signing and ratification of the EU-Vietnam Free Trade Agreement (EVFTA).
The recent escalation of trade tensions between the U.S. and China could have a positive effect for some industries in Vietnam, but experts warn these gains could prove short-lived.
Tax deductions, land allocation programmes and the establishment of appropriate credit lines along with a comprehensive legal framework are among the tasks ordered by Prime Minister Nguyen Xuan Phuc to effectively implement the Law on Support for Small- and Medium-sized Enterprises (SMEs).
Prime Minister Nguyen Xuan Phuc said Vietnam is ready to contribute to cooperation in the framework of the Cambodia-Laos-Myanmar-Vietnam (CLMV) mechanism and proposed specific support for the countries.
The 8th Tourism Promotion Organization for Asian-Pacific Cities (TPO) Forum will take place in Ho Chi Minh City on June 21-22, said the municipal Department of Tourism on June 15.
A Vietnamese delegation led by Prime Minister Nguyen Xuan Phuc will attend the eighth Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy Summit (ACMECS 8) and the ninth Cambodia-Laos-Myanmar-Vietnam Summit (CLMV 9) in Bangkok, Thailand from June 15-16.
The dissemination of Decree No. 59/2018 / ND-CP and Circular No. 39/2018 / TT-BTC held by the Vinh Phuc Customs Branch (under the Hanoi Customs Department) on June 12 attracted more than 50 enterprises. According to the enterprises, policy dissemination conferences help businesses better understand the new regulations, avoid unnecessary mistakes in the process of Customs procedures.
Ministries, industries are determined to simplify, reduce administrative procedures, business conditions (Business Registration) to facilitate business operations. But according to many businesses, there are still delays, or just are promises, action plans that have not yet entered the implementation.
According to the Foreign Investment Agency, in the first five months of the year foreign direct investment in new projects was worth US$4.66 billion, 17 per cent down from last year’s figure for the same period.
Vietnam's gross domestic product (GDP) is expected to grow 6.6 per cent in 2018, down slightly from 6.8 per cent last year.
| The site is done with the technical support of the project BWTO |
