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.
An additional 481 million USD in foreign direct investment (FDI) landed in the southern province of Binh Duong in Quarter I, representing a year-on-year increase of 19 percent.
Russia and Vietnam have signed an agreement for the establishment of several assembly lines in Vietnam that will make Russian cars from imported vehicle kits and spare parts.
ASEAN countries’ Ambassadors to Norway discussed with Norwegian officials specific activities to enhance cooperation between the 10-member bloc and the North European country during a recent meeting in Oslo.
Tanzania is a gateway for Vietnamese goods to enter East Africa, while Vietnam is an entrypoint for Tanzanian goods into the ASEAN Economic Community. Thanks to these advantages, the two countries aim at increasing trade turnover to US$1 billion by 2020.
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