Vietnam is keen on developing its maritime economy. With the accession to the Trans-Pacific Partnership Agreement (TPP), Vietnam will be an international trading and transshipment hub in the Asia-Pacific region.
The Trans-Pacific Partnership (TPP) was officially signed by 12 member countries on February 4 in Auckland, New Zealand. As a founding member, Vietnam has joined other TPP member countries in writing rules for global trade.
Around 80 per cent of surveyed local enterprises planned to expand their production and business in 2016 due to prospects of international integration.
Prime Minister Nguyen Tan Dung has sealed Decision No. 6 on the grant of personal income taxation for unfamiliar experts operative on foreign assist projects in Vietnam.
The lack of opacity along with the bureaucratic red tape and hurdles needed to obtain a Vietnam work permit has long been one of the primary complaints of foreign companies operating in the country, as well a favourite gripe among expatriates working there.
Ministers from the 12 nations involved in the controversial Trans-Pacific Partnership trade deal have officially signed the agreement in Auckland.
Starch Europe, the trade association which represents the interests of the EU starch industry both at European and international level, has welcomed the fact that the Commission has taken into account the sensitivities of EU starch producers in its negotiations with Vietnam.
Details have been released that reveal certain tariffs are to abolished regarding textile inputs and products exported and imported between Vietnam and the European Union (EU) under a trade deal struck in August 2015.
Many goods imported from Laos will enjoy a reduction of 50 per cent of tariffs between February 14, 2016, and October 3, 2020, according to the Ministry of Finance.
Deputy Minister of Industry and Trade Ho Thi Kim Thoa has called for local leather and footwear enterprises to beef up investments in production of materials to benefit from the free trade agreements (FTAs) Vietnam has signed and will sign.
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