A list of sectors that could benefit from special tax incentives in Vietnam would be utilised to grow enthusiasm for overseas investors and, as a result, help to contribute towards luring more high-quality foreign direct investment.
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There remains plenty of room for local firms to fully tap into the various Francophone markets throughout Africa due to the large market potential of the 32 countries, coupled with the time- honoured friendship that exists between Vietnam and French-speaking countries in Africa, according to insiders.
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According to the Vietnam Directorate of Fisheries, with 82 percent of fishing vessels equipped with vessel monitoring systems, traceability and the application of culturing area codes have significantly improved. However, if there is still one fishing vessel that has not registered or illegally exploits, the European Commission (EC) will continue to keep a yellow card or even give a red card to Vietnam.
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Colombia, Cuba and South Africa have joined the Treaty of Amity and Cooperation in Southeast Asia (TAC) during the 37th ASEAN Summit and related meetings in Hà Nội.
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As negotiations for the Regional Comprehensive Economic Partnership (RCEP) have been completed, member countries of the agreement are finalising procedures to prepare for the expected signing on November 15 during the 37th ASEAN Summit this week, said Vietnamese Deputy Minister of Foreign Affairs Nguyễn Quốc Dũng.
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Local companies do not have to worry about a preliminary anti-subsidy tariff imposed by the US Department of Commerce on car and truck tyres from Việt Nam, executives told local media.
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With the tariffs being slashed to 0% under the EU-Vietnam Free Trade Agreement (EVFTA), Vietnamese coffee exports to the Scandinavian market, including Sweden, Denmark, and Norway, are expected to enjoy a number of competitive advantages compared to those of rival exporters.
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With a positive recovery from the beginning of the third quarter of 2020, Vietnam's import-export turnover after 10 months has increased by 2.62% over the same period in 2019, estimated at US$439.8 billion. Of which, export turnover reached US$229.27 billion, up 4.7% over the same period in 2019.
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The Ministry of Industry and Trade (MoIT) held a workshop on November 4 to discuss tools to protect businesses against trade defence lawsuits in export markets in the context of integration.
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A business networking event to promote connection of technology supply and demand between enterprises of Vietnam and the Republic of Korea (RoK) took place in the northern port city of Hai Phong on November 3.
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