Despite the slowdown in global deal-making due to ongoing worldwide economic uncertainty, Việt Nam remains active in M&A in 2020.
Vietnam’s business environment continues to improve according to the recently released 2019 Global Competitive Report produced...
Despite Việt Nam’s rise in the global competitiveness index, further reforms are needed to achieve economic targets set by the Government.
The Vietnamese Ministry of Industry and Trade (MoIT)’s Industry Agency and the UN Industrial Development Organisation (UNIDO) on October 22 released the Vietnam Industry White Paper 2019.
To help businesses export goods to ASEAN, the ASEAN Secretariat has developed an online tool to consult solutions for businesses exporting goods and services to ASEAN (ASSIST – The ASEAN Solutions for Investments, Services and Trade).
This is considered a special political event, marking an important milestone in the history of cooperation and friendship between the two countries, thereby promoting the extensive strategic partnership between Vietnam and Japan in a more comprehensive and practical manner.
Vietnam is aiming to raise the contribution of the digital economy to 20% of GDP by 2025 and 30% of GDP by 2030. Such targets are rather challenging given Vietnam’s low starting point, but they are not unattainable.
The Vietnamese port industry needs further investment to keep pace with the country’s rapid economic growth and reduce logistic costs for businesses.
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When enterprises participate in the scheme on trade facilitation in customs procedures for logistics activities and preventing congestion of import and export goods at Cat Lai Port deployed by Ho Chi Minh City Customs Department, the costs for loading, unloading and storage of import and export goods will reduce by betweenVND700,000 andVND1 million per container.
As the host country of the 13th ASEM Customs Directors General and Commissioners Meeting on October 9th-10th in Ha Long city, Quang Ninh, Vietnam Customs has worked to promote cooperation on issues in ASEM.
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