With China making headlines for its growing business moves in Greece, there’s quietly been slowly growing links with Vietnam, including hopes to expand trade, have naval cooperation for maritime security, and exchanges of teachers, scholars and students.
Vietnamese Prime Minister Nguyen Xuan Phuc suggested the Democratic Party of Korea to continue supporting the Vietnamese and Korean governments to foster trade and economy cooperation, heading to raising the two- way trade turnover of US$ 100 billion by 2020.
Prime Minister Nguyen Xuan Phuc encouraged the United Arab Emirates’ (UAE) Investment Corporation of Dubai to expand investment in Vietnam, while hosting the group’s Executive Director and CEO Mohammed Ibrahim Al Shaibani in Hanoi on March 25.
Foreign and domestic investment has led to an annual growth rate of 10 percent for the food processing industry sector in recent years.
After a two-month trade deficit, the economy is expected to witness high export turnover this year thanks to buoyancy in export-oriented manufacturing fuelled by multilateral trade pacts.
Vietnam has unveiled plans to offer import tariff incentives for parts used to assemble environment-friendly cars. The Ministry of Finance is drafting a decree which will add electric cars to the list of incentive tax beneficiaries.
A conference of the implementation of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) opened in Can Tho city on March 21 under the chair of Minister of Industry and Trade Tran Tuan Anh.
Hà Nội People’s Committee has recently issued a plan to take advantage of opportunities arising from the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP).
The Minister of Finance Dinh Tien Dung had a working session with US-ASEAN Business Council (USABC), led by Mr. Alexander Feldman – President and CEO of USABC.
The 2019 White Book of the European Business Association in Vietnam (EuroCham) highly appreciated the positive changes of the Tax and Customs authorities in improving procedures, facilitating business operations.
| The site is done with the technical support of the project BWTO |
