Vietnam may grab up to 17% of Sri Lanka’s clothing export market share to the US over the next decade as a 12-nation global trade deal – which it is part of – is approved by member governments in the next few years, according to a report by Standard Chartered Bank.
An additional 481 million USD in foreign direct investment (FDI) landed in the southern province of Binh Duong in Quarter I, representing a year-on-year increase of 19 percent.
Russia and Vietnam have signed an agreement for the establishment of several assembly lines in Vietnam that will make Russian cars from imported vehicle kits and spare parts.
ASEAN countries’ Ambassadors to Norway discussed with Norwegian officials specific activities to enhance cooperation between the 10-member bloc and the North European country during a recent meeting in Oslo.
Tanzania is a gateway for Vietnamese goods to enter East Africa, while Vietnam is an entrypoint for Tanzanian goods into the ASEAN Economic Community. Thanks to these advantages, the two countries aim at increasing trade turnover to US$1 billion by 2020.
With the number of children aged 0-14 accounting for 40 percent of the population of 90 million and improved living standards, Vietnam has seen an increase in the world’s famous brands.
Health activists say special consumption taxes imposed on alcohol, beer and tobacco should be increased to improve community health and tackle the national budget deficit.
With an additional 200,000ha to be planted in the Cửu Long (Mekong) Delta region, there will be enough rice for exports, according to the Cửu Long (Mekong) Delta Rice Research Institute.
To effectively utilise opportunities through free trade agreements (FTAs) provinces and cities should launch databases on foreign-invested enterprises and domestic suppliers to help domestic firms become suppliers of foreign counterparts.
Cần Thơ last month issued a licence to South Korea’s Tae Kwang Vina Industrial for setting up a shoe production plant in its 2B Hưng Phú Industrial Park.
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