Việt Nam maintained its position as an important investment destination for Japanese companies, with some 70 per cent of operational Japanese-invested firms making plans for business expansion here.
Thousands of Japanese goods imported into Việt Nam will enjoy a zero percent tariff, in line with the Southeast Asian country’s commitments to lower tariffs, as outlined in the Việt Nam - Japan Economic Partnership Agreement (VJEPA) and the ASEAN - Japan Comprehensive Economic Partnership Agreement (AJCEP) for 2016-19.
Vietnamese Deputy Prime Minister Vương Đình Huệ began his working visit to Portugal on Friday, where he met with President of the Portuguese National Assembly Eduardo Ferro Rodrigues.
The products of HCM City and Laos are more complementary than competing in nature, meeting consumption and production demand of both sides. But their bilateral trade relation has not met the expectations of either side, according to the Investment and Trade Promotion Centre of HCM City (ITPC).
The implementation of tariff reduction to zero per cent under the ASEAN Trade in Goods Agreement (ATIGA) from January 1, is an obsession with the Vietnamese sugar industry.
Growth prospects for Việt Nam this year are bolstered by strong domestic demand and prospects of a global economic revival. However, protectionism, fiscal deficit, public debt and low productivity raise questions about a possible middle-income trap - and the means to overcome it
Việt Nam and India have agreed to boost their defence-security ties while economics and trade partnerships will be promoted toward a bilateral trade goal of US$15 billion by 2020.
Companies across the ASEAN bloc face a growing risk of cyberattacks, which can expose the region’s top-listed firms to a US$750 billion erosion in current market capitalisation.
Deputy Prime Minister Vương Đình Huệ has urged the World Economic Forum (WEF) to work with ASEAN member countries to promote regional prosperity as challenges and changes face the region and the world.
Though Việt Nam has made great strides in streamlining administrative procedures and developing e-governance, more needs to be done to enable businesses and the public to access information from the Government, a roundtable heard in HCM City yesterday.
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