News

• Anti-dumping measures encouraged

  September 20, 2014

  – HA NOI — As the country integrates into the global economy, anti-dumping tariffs will be one of the most effective tools for domestic enterprises to protect their market share, experts said at a conference on September 18, 2014 in Ha Noi.
  Read more

• India – Vietnam signed seven MOUs/agreements

  September 15, 2014

  – During the recent visit of Hon’ble President of India, Shri Pranab Mukherjee to Vietnam, both the countries concluded seven MoUs/Agreements. These agreements are aimed at strengthening and deepening bilateral cooperation between the two countries with focus on defence and security cooperation, economic cooperation, technical cooperation and multilateral and regional cooperation. The brief details on the signed MOUs/agreements are:
  Read more

• Passengers on delayed flights will receive compensation

  September 15, 2014

  – HA NOI — Passengers on flights delayed by 15 minutes or more will be provided with drinks, food or accommodation from December 1 this year.

  This follows a circular recently issued by the Ministry of Transport.

  The move was made in response to recent complaints about the increased number of delayed and cancelled flights.
  Read more

• Domestic retailers struggle to compete

  September 15, 2014

  – HCM CITY — A lack of a master retail plan has caused insecurity and confusion in the local retail sector, leaving many of them losing market share to their foreign rivals, independent market analysts have said.

  Viet Nam has become more attractive to foreign retailers, particularly those from the region, as the country ranked second this year among the 10 top locations for retailers in Asia.
  Read more

• Confusion Lingers Over Foreign Investor Account

  September 13, 2014

  – Foreign investors in Vietnam are confused because of the inconsistencies is how basic concepts are interpreted. In particular, investment laws revolve around direct and portfolio foreign investors while forex management laws focus more on the distinction between residents and non-residents, with the latter being subject to the lion’s share of regulations.
  Read more

• Vietnam’s global competitiveness makes little headway

  September 13, 2014

  – Despite some progress in tax and customs reforms, Vietnam’s competitiveness has advanced slightly in the rankings of the Global Competitiveness Report 2014 – 2015.

  The report announced by the World Economic Forum last Wednesday shows that Vietnam moved to the 68th position among 144 economies, two places higher from last year when it ranked 70th among 148 nations.
  Read more

• Vietnam slaps anti-dumping duties on steel imports

  September 13, 2014

  – The Ministry of Industry and Trade has decided to impose anti-dumping tariffs on cold-rolled stainless steel products imported from four Asian countries to protect the domestic market.

  Under the ministry’s decision, which will take effect on October 5, the tariffs will be 3.07% on stainless steel imported from Indonesia, 4.64%-6.87% on products from mainland China, 10.71% on imports from Malaysia, and 13.79%-37.29% on imports from Taiwan.
  Read more

• Trade deal to widen access to EU

  September 13, 2014

  – HCM CITY – A bilateral Free Trade Agreement with the EU will yield tangible and intangible benefits for both Viet Nam and the bloc, the largest market for Vietnamese products and the country’s second most important trading partner, a top EU official said.

  “The FTA currently under negotiation targets to reduce at least 90 per cent of tariff lines on Vietnamese exports,” Dr Franz Jessen, ambassador and head of the EU Delegation to Viet Nam, told a business lunch organised on Thursday by the EU-Viet Nam Business Network.
  Read more

← Older Posts

Newer Posts →