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Tag Archive for ‘Export’

Hanoi enjoys steady growth in all key sectors

Hanoi’s economy has expanded since the beginning of this year with steady growth recorded in all key sectors of industry, trade, tourism and services and agriculture, reported the municipal People’s Committee. The city’s industrial production index grew 6.5 per cent in the first eight months of 2017, of which the mining industry rose 7.1 per […]

ROK poised to increase market share in Vietnam drug market

The Vietnam government issued new a new law effective July 1, 2017 that dramatically alters foreign sector involvement in activities of the pharmaceutical segment of the country’s economy. At recent conference in Ho Chi Minh City, Ministry of Health officials discussed key aspects of the law, noting its implications for the domestic pharma segment and […]

The three biggest risks in doing business in Vietnam

Injecting money in non-core business fields, experimenting in real estate projects, and having a bad financial foundation are the three most significant risks facing the business environment in Vietnam, according to Le Xuan Nghia, a respected economist, and six other businessmen who declined to be named. vietnam economy, business news, vn news, vietnamnet bridge, english […]

Vinatex seeks investment opportunities in Armenia

A delegation of the Vietnam National Textile and Garment Group made a fact-finding trip to Armenia in late August to seek partners to develop production projects as Vietnam is the first country to sign a free trade agreement with the Eurasian Economic Union that includes Armenia. Vinatex General Director Le Tien Truong said during their […]

Vinalines to cut seaport stake

The Vietnam National Shipping Lines (Vinalines) has proposed to reduce its stake in many strategic seaports. Accordingly, the country’s largest shipping company will reduce its stake in northern Hai Phong Port from the current 92.56% to 65% and in central Da Nang Port from 75% to 65%. Its stake of 80.9% and 99.05% at the […]

Dong Nai records US$1.4 billion trade surplus in eight months of 2017

The southern province of Dong Nai enjoyed a trade surplus of nearly US$1.4 billion in the first eight months of the year, according to the provincial Statistics Office. In the eight-month period, the province shipped nearly US$11 billion worth of products to foreign countries, a year-on-year increase of 11 percent. The trade surplus was contributed […]

Hai Phong told to revise fee collection

Deputy Prime Minister Vuong Dinh Hue has asked the Ministry of Finance and Hai Phong city to strictly follow the PM’s instruction on reviewing fees for using infrastructure, service facilities and public utilities at ports in the city. The Government Office has sent Document 9014/VPCP–KTTH to the city’s People’s Committee to convey the Prime Minister’s […]

Flycam drone users in Vietnam must be licensed

Camera-equipped drones, known as flycams, have become increasingly popular in Vietnam, especially among photographers and filmmakers, but few people know they need permission from the Ministry of Defense (MoD) to fly the devices. flycam drone users must be licensed hinh 0 VNA quoted the Thanh Nien (Young People) newspaper as reporting that sales of flycam […]

Modern bond project launched to facilitate customs clearance in Vietnam

A project on customs bond was launched by the Global Alliance for Trade Facilitation (GATF) and the Vietnam Private Sector Forum (VPSF) on September 1, aimed at facilitating customs clearance in Vietnam. This is the start of the GATF Technical Assistance Project with the Government of Vietnam to provide a viable solution for the country […]

Vietnam PM launches construction for Vingroup’s automobile manufacturing complex

Prime Minister Nguyen Xuan Phuc made an order to launch construction of VINFAST – an automobile manufacturing complex invested by Vietnam’s largest real-estate company Vingroup, in the northern port city of Hai Phong on September 2. Speaking at the ceremony, PM Phuc said that this is one of many significant events to celebrate on the […]