Recent legal developments: Vietnam´s law on investment
Vietnam's officials have pledged to simplify administrative procedures involving foreign workers in the country, including relaxing work permit and visa requirements for them.
Millions of tonnes of farm produce have been already been produced in Vietnam under public-private partnerships (PPP); however, this is considered just the beginning.
A Japanese agency is bringing the model of Japan's largest flower market to the Vietnamese province of Lam Dong, whose capital city is known as Vietnam's veggie hub.
On March 12, 2015, the Vietnam-Hungary Business Forum met to explore business and investment opportunities between the two countries as well as strategies to strengthen bilateral relations.
Many foreign banks have been setting foot into Vietnam’s market to prepare for operation expansion when the conditions are ripe.
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– Malaysia is expected to earn 27 billion USD from exports to the US this year, up 3.8 percent from 2012, while its imports will be worth 13 billion USD.
Vietnam’s exports are forecast to enjoy a good year in 2014 thanks to the country’s efforts to expand markets and new opportunities generated from trade deals that are expected to be concluded next year.
Vietnam can significantly increase export of garment and textiles if it joins bilateral free trade agreements and multilateral ones like the Trans-Pacific Partnership, but only if it can set up a robust supply chain.
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Local firms should focus on improving competitiveness in the quality of export products for the European Union (EU) market in the future, said a trade official.
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