The entry of foreign banks has significantly increased over the last two decades, says the State Bank of Vietnam (SBV), which performs state management over monetary, banking activities and foreign exchange.
Việt Nam should be more active in proposing specific areas with which the World Trade Organisation (WTO) can support the country, WTO Director General Roberto Azevedo said during his visit to Việt Nam, the first ever trip made by a WTO chief to the Southeast Asian nation.
The northern province of Lai Châu will offer preferential policies for investors, especially in agriculture and tourism, Đỗ Ngọc An, chairman of the provincial People’s Committee said.
With nearly half of its seafood exports going to Trans-Pacific Partnership member nations, Việt Nam expects the trade deal to further boost exports to these markets, according to the Việt Nam Association of Seafood Exporters and Producers (Vasep).
Two weeks ago, the Ministry of Finance (MOF) organized a non-deal roadshow for the Vietnam’s $3 billion international bond issuance campaign, scheduled to be launched in 2016.
The Ministry of Finance will continue completing tariff policies and reforming tariff and customs administrative procedures to support production and business and also improve the competitiveness of the economy.
If the foreign investor has selected to follow one international treaty then the investor will need to comply the provisions of such international treaty as a whole.
Trade with Vietnam is expected to expand further this year as visitors from the country surge.
The fourth negotiation round on the Trade Promotion and Facilitation Agreement in the Cambodia-Laos-Vietnam (CLV) Development Triangle Area opened in Vietnam’s Central Highlands province of Dak Lak.
Manufacturing, real estate and retail count among the most appealing sectors for foreign investors.
| The site is done with the technical support of the project BWTO |
