Vietnamese enterprises seek opportunities in Czech market

Vietnamese enterprises seek opportunities in Czech market

9/1/2015 - 16:49

(VOVworld) – Trade relations between Vietnam and the Czech Republic have been enhanced since 2012 when Vietnam was listed as one of 12 priority markets in Czech’s national export strategy until 2020. Businesses of both nations have increased cooperation in trade and investment, particularly in exports of garments, textiles, and footwear.

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HCMC – an ideal destination for Japanese investors

HCMC – an ideal destination for Japanese investors

8/27/2015 - 15:37

(VOVworld) –With 800 projects worth 2.7 billion USD, Japan is the 6th biggest foreign investor in Ho Chi Minh City. The figure is expected to rise in the future because Ho Chi Minh City is considered an ideal destination for Japanese investors.

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Spillover effects from Bank-Business Connection program in HCMC

Spillover effects from Bank-Business Connection program in HCMC

8/18/2015 - 15:53

(VOVworld) – A program connecting banks and businesses was launched in Ho Chi Minh City 3 years ago to provide low interest loans to enterprises. It has enabled local businesses to maintain stable production and business growth. The State Bank of Vietnam intends to duplicate the program nationwide.

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Vietnam’s M&A waiting for a new boom

Vietnam’s M&A waiting for a new boom

8/11/2015 - 16:05

(VOVworld) – Vietnam has witnessed dynamic mergers and acquisitions in both domestic and foreign firms of all sizes. The rapid growth comes from opportunities created by trade agreements with other countries and Vietnam’s new policies to increase foreign ownership in Vietnamese enterprises and allow foreigners to buy houses in Vietnam.

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Vietnamese enterprises under pressure of import tariff cut from ASEAN

Vietnamese enterprises under pressure of import tariff cut from ASEAN

8/4/2015 - 14:57

(VOVworld) – By the end of this year, the ASEAN Economic Community (AEC) is scheduled to take shape under which the tariffs of many items will be removed or slashed to 5%. In less than 3 years, 97% of goods imported from ASEAN members will be exempted from duty. This will create both opportunities and challenges for Vietnamese businesses.

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Level playing field needed for Vietnamese enterprises to integrate

Level playing field needed for Vietnamese enterprises to integrate

7/28/2015 - 17:03

(VOVworld) - A number of Vietnam’s multilateral and bilateral free trade agreements with other countries have taken effect, which has impacted Vietnam’s economy, businesses, and people. Vietnam will likely sign more trade deals, like the Trans-Pacific Partnership and the EU-Vietnam free trade agreement, with even more commitments to open its market. Vietnamese enterprises can grow only if they learn to...

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FTAs and opportunities for Vietnam’s market restructuring

FTAs and opportunities for Vietnam’s market restructuring

7/21/2015 - 17:08

(VOVworld) – Vietnam has proven that it is fully integrating internationally by a series of free trade agreements that have been signed or will be signed in the near future. Although Vietnamese enterprises face many challenges and many things need to be done to take advantage of the trade deals, this is a great opportunity for Vietnam to restructure its...

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Vietnamese economy in 1st half of 2015 creates stable growth momentum

Vietnamese economy in 1st half of 2015 creates stable growth momentum

7/14/2015 - 16:42

(VOVworld) – The Vietnamese economy witnessed positive changes in the first half of the year in which GDP increased nearly 6.3% against the same period last year. It’s also the highest rate since 2011. It’s predicted that Vietnam will face more challenges during the remaining months but the outcome might be a boost for businesses and foreign investors.

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Important steps in the development of Vietnam-US economic relations

Important steps in the development of Vietnam-US economic relations

7/11/2015 - 8:42

(VOVworld) – In the 20 years since the normalization of diplomatic relations, Vietnam-US relations have greatly expanded, particularly in economics, trade, and investment. Two-way trade has increased to the point where the US is Vietnam’s biggest export market.

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EU-Vietnam FTA: turning challenges into development opportunities

EU-Vietnam FTA: turning challenges into development opportunities

7/8/2015 - 9:22

(VOVworld) – The EU-Vietnam free trade agreement is in the negotiation stage and likely to be signed this year, promising many opportunities for Vietnam in tax slashing, commercial advantages, investment attraction, and market expansion. In addition to benefits will come challenges which both the Vietnamese government and businesses should pay more attention to and make necessary changes in regulations, policies,...

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2014 Enterprise Law to create transparent environment for businesses

2014 Enterprise Law to create transparent environment for businesses

7/1/2015 - 12:06

(VOVworld) – The revised Enterprise Law will officially take effect on July 1st under which timelines will be slashed to 3 days instead of 5 to 10 days in the past. Facilitating favorable conditions for individuals and enterprises to register business licensing will boost Vietnam’s economy.

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Vietnam’s litchi exports open opportunities for exports of other farm produce

Vietnam’s litchi exports open opportunities for exports of other farm produce

6/23/2015 - 20:40

(VOVworld) – Vietnam’s litchi has recently been exported to the US, Australia, France, and Malaysia. This is a positive sign for exporters of several other specialty fruits of Vietnam.

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HCM City businesses promote investment in Russia

HCM City businesses promote investment in Russia

6/16/2015 - 15:31

(VOVworld) – Since a free trade agreement between Vietnam and the Eurasian Economic Union (EAEU) was signed, many businesses in Ho Chi Minh City have stepped up their investment in Russia. As a potential market, the investment flow is likely to be full of promise.

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Vietnam, Eurasian Economic Union’s trade deal offers more opportunities

Vietnam, Eurasian Economic Union’s trade deal offers more opportunities

6/10/2015 - 7:17

(VOVworld) – Late last month, Vietnam signed a free trade agreement with the Eurasian economic union (EAEU) after two years of negotiations. The move is expected to offer major opportunities for Vietnam’s important export commodities such as agricultural and industrial goods like textiles, footwear, furniture, and some processed products.

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One-stop-shop customs model between Vietnam and Laos

One-stop-shop customs model between Vietnam and Laos

6/5/2015 - 10:54

(VOVworld) – The one-stop-shop customs model between Vietnam and Laos was first implemented at the Dansavan-Lao Bao international border checkpoint. Under this model, Lao and Vietnamese customs personnel together check all people and goods at one point only.

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Investment opportunities in Central Highlands region

Investment opportunities in Central Highlands region

5/26/2015 - 15:35

(VOVworld) – The Central Highlands holds a strategic position in Vietnam’s socio-economic development, defense, and security. To maximize advantages and potentials for local socio-economic growth, Central Highlands provinces need to outline special preferential policies and mobilize greater investment resources for sustainable development.

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Vietnam-RoK FTA’s opportunities for Vietnamese businesses

Vietnam-RoK FTA’s opportunities for Vietnamese businesses

5/19/2015 - 16:29

(VOVworld) – The Vietnam-Korea Free Trade Agreement has been signed in Hanoi after more than 2 years of negotiations. With a strong commitment from Korea to open its market, Vietnamese businesses are likely to turn this into economic achievements.

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Speeding up restructuring of banking system

Speeding up restructuring of banking system

5/13/2015 - 7:27

(VOVworld) – The banking system restructuring has resulted in positive changes, the most notable involving bad debts and interest rates. This year, the sector has built on these achievements to curb inflation and stabilize the macro-economy.

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HCM City boosts credit growth

HCM City boosts credit growth

5/5/2015 - 15:37

(VOVworld) – In the first quarter of this year, Ho Chi Minh City’s total credit surplus expanded 2.3% against late last year and posted a year-on-year increase of 14%. This is a positive sign for the entire economy.

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Vietnam's private giants turn to farming

Vietnam's private giants turn to farming

4/21/2015 - 15:22

(VOVworld) – Vietnam’s agriculture is receiving an increase of domestic and foreign investment. To use the investment flow effectively, the Vietnamese government has promulgated mechanisms and policies to remove obstacles for businesses.

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Wednesday March 22, 2017

Wednesday March 22, 2017

(VOVworld) - We are very glad to know that Gerry Neumann has returned to his home in England safe and sound. On his latest email on March 20, Gerry wrote...

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Vietnamese "Ao dai" promoted in South Korea

Vietnamese

(VOVworld) - It’s freezing cold during winter in South Korea. But the harsh weather cannot keep Vietnamese women there from wearing “Ao dai” – the traditional Vietnamese long dress, which...