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Vietnam improves on sustainable trade

sharpdropsVietnam ranked ninth out of 20 economies in the Sustainable Trade Index 2018 released by the Hinrich Foundation last week.

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industry 4.0 to boost Vietnam’s GDP to 16 percent

nguyendinhcungThe Fourth Industrial Revolution, also known as the Industry 4.0, has the potential to bolster Vietnam’s economic output by a further 28.5-62.1 billion USD, equivalent to the GDP growth of 7-16 percent by 2030, according to a report by the Central Institute for Economic Management (CIEM).

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Vietnam, Singapore enhance economic, trade ties

VietNamSingapore2911More than 150 Vietnamese and Singaporean enterprises attended a conference in Singapore on November 27 to look for cooperation and investment opportunities.

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Trade talks: Government study to weigh RCEP impact

cangbienhcmConcerned over domestic resistance to the 16-nation Regional Comprehensive Economic Partnership (RCEP) agreement, and pressured by RCEP partners to extend greater commitment to liberalise its goods trade, India has decided to conduct a study on potential gains or losses to its economy from such a regional trade pact.

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WTO reform: EU proposes way forward on the functioning of the Appellate Body

WTO-1200Today, the EU together with other members of the World Trade Organisation (WTO) - Australia, Canada, China, Iceland, India, Korea, Mexico, New Zealand, Norway, Singapore and Switzerland – unveiled a proposal for concrete changes to overcome the current deadlock in the WTO Appellate Body.

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Ministry of Transport connects 100% of procedures to NSW in 2018

cangbienhcmThis is an important content included in the Action Plan to promote the National Single Window (NSW) and ASEAN Single Window (ASW), the reform of specialized inspection for import and export and trade facilitation for the period 2018-2020 of the Ministry of Transport (MOT) has just been issued in the Decision 2413 / QD-BGTVT.

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More actions needed to boost reforms: businesses

hanhchinhBusinesses expect to see quicker actions from State management agencies in the enforcement of the Government’s Resolutions No 19 and 35 to boost reforms and promote business development.

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Vietnam, India aim for US$15 billion bilateral trade volume by 2020

forum2111The two-way trade revenue between Vietnam and India is on course to increase and is expected to hit US$15 billion by 2020, heard the Vietnam India Business Forum, held in Hanoi, on November 19.

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Research finds tax incentives key for Asean FDI

FDI1106Tax incentives have played a vital role in multinational firms investing in Asean, but their effectiveness has been reduced for high-tech companies and those that already operate in the region, according to research conducted by a lecturer at Chulalongkorn University's economics department.

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APEC leaders fail to agree on joint statement

apec leaderLeaders from 21 Asia-Pacific Economic Cooperation (APEC) economies on November 18 were unable to sign a joint statement at the 26th APEC Economic Leaders’ Meeting in Papua New Guinea in the context of deep divisions between the US and China over trade and investment.

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