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Business environment still scores low
November 8, 2014
– Despite much reform effort, Vietnam has seen its business environment ranking slip several notches this year.
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Impact of WTO pact discussed
November 5, 2014
– HCM CITY — The potential impact of the World Trade Organisation Trade Facilitation Agreement that Viet Nam signed in 2013 on its businesses and the customs-to-business partnership under the agreement were among the issues discussed at a workshop in HCM City on November 4, 2014.
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House panel endorses anti-trust bill
November 4, 2014
– MANILA, Philippines – The House appropriations committee has endorsed the country’s version of the anti-trust law, titled Philippine Competition Act.
The measure approved by the committee chaired by Davao City Rep. Isidro Ungab is a consolidation of 11 bills, one of which was authored by Speaker Feliciano Belmonte Jr.
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Growth in the New Climate Economy
October 31, 2014
– MILAN – Action to reduce carbon-dioxide emissions and mitigate climate change has long been viewed as fundamentally opposed to economic growth. Indeed, the fragility of the global economic recovery is often cited as a justification to delay such action. But a recent report, “The New Climate Economy: Better Growth, Better Climate” released by the Global Commission on the Economy and Climate, refutes this reasoning. Far from being a detriment to economic growth, the report concludes that efforts to combat climate change could boost growth considerably – and relatively soon.
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Customs priority for big foreign investors
October 25, 2014
– The Ministry of Finance has got approval from the Prime Minister (PM) to grant customs priority to large-scale, capital and labor intensive foreign direct investment (FDI) projects and important projects approved by the PM.
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Fixes and patches
October 24, 2014
– The Swiss Competition Authority has just closed an investigation into an abuse of dominance complaint against Cisco.
The investigation was prompted by a complaint by Internet network maintenance firm Multiven (Multiven also lodged complaints against Cisco in Germany and Belgium).
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VN steel exporters oppose Indonesia decision
October 23, 2014
– The Government of Indonesia has imposed an anti-dumping tax on imports of Vietnamese cold rolled steel sheets without consulting the Government of Viet Nam.
The imposition of the tax from July 7, 2014 to July 7, 2017 has created difficulties for Vietnamese steel exporters. Vu Van Thanh, deputy general director of the Hoa Sen Group, explains the issue and suggests solutions in an interview with Cong thuong newspaper.
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U.S. risks trade sanctions in WTO meat label dispute
October 20, 2014
– GENEVA/WASHINGTON – The United States faces potential trade sanctions from Canada and Mexico after the World Trade Organization ruled on October 20 it had failed to bring its meat labeling regulations fully in line with international fair trading rules.
The WTO said the United States had not done enough to change its labeling rules, requiring retailers such as grocery stores to list the country of origin on meat, after it lost an earlier WTO challenge.
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Consumer sovereignty in the framework of social justice, economic equality and environmental balance, within and across borders