International Finance Corporation (IFC), a member of the World Bank Group, is partnering with VF Corporation, a global leader in apparel and footwear, and Target Corporation, a consumer products retailer, to better resource efficiency at their supplier factories in Vietnam.
Vietnam’s Information Security Law will take effect on July 1, 2016.
With its ongoing efforts to improve the business environment, Vietnam is increasingly affirming its development and attractiveness to European companies and investors in the country.
ANIERM, a Mexican import-export association, has recently inaugurated representative offices in 45 countries, including Vietnam.
In the first two months of 2016, Vietnam obtained trade surplus of $680 million and had five export products with turnover exceeding one billion US dollars.
The long term cooperation and the highly mutual trust between Vietnam and Russia allow the two nations’ oil and gas companies to strengthen cooperative ties, the Russian News Agency Ria Novosti quoted Foreign Ministry Spokeperson Maria Zakharova as saying on March 11.
E-commerce will bring big opportunities for online exports as key export markets of Việt Nam, including the US, Japan, South Korea and the EU had high rates of Internet use.
Quang Trung Software City in HCM City hopes to help Việt Nam’s IT outsourcing and software industries acquire a prestigious brand name in regional and global markets, its director has said.
Việt Nam’s gross domestic product (GDP) is expected to stay between 6 and 7 per cent from 2016 to 2018, according to the latest report from the Institute of Chartered Accountants in England and Wales (ICAEW).
The Ministry of Finance has asked local tax authorities to refund value-added tax (VAT) to enterprises if the amount of tax they default on is less than the amount of tax refund that they will receive.
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