With the establishment of ASEAN Economic Community (AEC) and numerous free trade agreements (FTA), the year 2016 is considered the year of Vietnam for deeper integration into the world economy.
Vietnamese enterprises should understand and meticulously apply the stringent rules of origin, as well as the exceptions of free trade agreements, to enjoy the best from preferential taxation, as free trade does not mean “free” absolutely.
A conference to seek join efforts for trade facilitation in the southern province of Binh Duong was held in the locality on April 5.
Laos’s newly established province of Xaysomboun wants to bolster trade and investment co-operation with Việt Nam, especially HCM City, a deputy secretary of its Party Committee told a conference in HCM City yesterday.
Vietnam will issue one-year multiple-entry visas for US citizens, instead of three-month visas, following the National Assembly’s approval on April 4.
Many Japanese companies wish to invest in tourism, and the cooperation opportunities for Hanoi and Japanese businesses are promising if the two sides make good preparation, according to Minister of the Japanese Embassy in Hanoi Katsuro Nagai.
The HCM City government said there is a lot of scope for Japanese investors to set up shop in supporting and hi-tech industries in the city in the coming years.
Vietnamese textile companies are getting ready for the introduction of a wide array of Free Trade Agreements (FTAs), hoping they will usher in an age of unparalleled growth and prosperity.
The prospects for support industries in Vietnam are bright and the Reed Tradex Company will prepare a comprehensive development plan for the future, said Duangdej Yuaikwarmdee, Deputy Managing Director and CEO of the Reed Tradex Company in Vietnam, in an interview with Vietnam Economic News’ Nguyen Huong.
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.
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