Vietnamese wood and furniture firms need to improve their designs, distribution and brands to enable Vietnam to become a global furniture hub, a conference heard in Ho Chi Minh City on December 7.
US Ambassador to Vietnam Daniel Kritenbrink highlighted Vietnam’s effort in promoting its integration into the international market at a workshop held by the American Chamber of Commerce (Amcham) in Ho Chi Minh City on December 7.
The Vietnam Business Forum (VBF) 2018 kicked off in Hanoi on December 4, with discussions focusing on the theme of “Sharing opportunities in the world of changing trade”.
Vietnamese textile and garment firms are being active in making full use of the opportunities created by the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to boost exports to Canada once the deal takes effect in early 2019.
Due to the poor competitiveness of livestock products, Vietnam’s breeding industry will be significantly impacted by the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), according to experts.
Foreign direct investment (FDI) keeps flowing to Vietnam, but investors are increasingly pouring more capital through M&As. According to the General Statistics Office (GSO), FDI capital as of October 20 had reached $15.1 billion, an increase of 6.3 percent over the same period last year.
Unless he decides to keep his mouth firmly shut and close his Twitter account for the duration, both of which are highly unlikely, Trump will, as always, dominate the proceedings.
Two possible scenarios in Vietnam exist: exporting more products and becoming suppliers to Walmart and IKEA, or becoming a place for Chinese goods to transit before going to the US.
As Justin Trudeau travels Asia seeking new free-trade deals, he may want to spare a thought for embattled British Prime Minister Theresa May.
The Draft Decree stipulating regulation of Customs procedure, inspection, supervision for transit goods via ASEAN Customs Transit System (ACTS) drafted by Ministry of Finance (General Department of Vietnam Customs) have been taken opinions directly from Ministries, sectors and enterprises as well as posting on mass media. Until now, the Draft is being reviewed by the General Department of Vietnam Customs for completion before submitting to Ministry of Finance in order to present to the Government for issuance.
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