Gov’t to loosen conditions for auto imports Business

Gov’t to loosen conditions for auto imports

The Government will soon issue a revision to Decree 116/2017 on the conditions for production, assembly, import and business of automobile warranty and maintenance services, removing a number of regulations relevant to auto imports.
Rising treat for sugar producers after ATIGA Business

Rising treat for sugar producers after ATIGA

Vietnam’s sugar industry is expected to face a great deal of difficulties as the country will drop tariffs on imported sugar from ASEAN under the ASEAN Trade in Goods Agreement (ATIGA) in 2020.
Sugarcane faces plummeting prices Business

Sugarcane faces plummeting prices

The sugarcane sector is facing record-low prices despite an increase of 500,000 tonnes of output over last year, leading to high inventory levels, according to the Vietnam Sugar and Sugarcane Association.
AEC helps Vietnam gain firm foothold in ASEAN market Business

AEC helps Vietnam gain firm foothold in ASEAN market

After 23 years joining the Association of Southeast Asian Nations (ASEAN), Vietnam’s economy has connected closely with the bloc’s economy, especially after the ASEAN Economic Community (AEC) was set up in late 2015, said Minister of Industry and Trade Tran Tuan Anh.
 ASEAN affirms central role in creating new trade architecture: AEM-50 World

ASEAN affirms central role in creating new trade architecture: AEM-50

Through the negotiations of the Regional Comprehensive Economic Partnership (RCEP), the Association of Southeast Asian Nations (ASEAN) has affirmed its central role in creating new regional trade architecture that contributes to the multilateral trading system and creating momentums to boost trade liberalisation and commercialisation.
Vietnamese firms face uphill task to export farm produce to Thailand Business

Vietnamese firms face uphill task to export farm produce to Thailand

A delegation of 30 Vietnamese enterprises, mostly from Ho Chi Minh City and southern provinces, attended the recent Thaifex, the leading food, beverage and food technology in Thailand, to introduce outstanding farm produce of Vietnam in the market at a hope to export more products to the country.
Foreign goods puts pressure on domestic businesses Business

Foreign goods puts pressure on domestic businesses

The adoption of a zero percent tariff from January 2018 among member countries of the Association of Southeast Asian Nations (ASEAN) will create opportunities for Vietnamese businesses to seek markets in the region, but competition in the domestic market will also become fiercer with the flood of imports from ASEAN region.
Gov’t to smooth way for auto firms Business

Gov’t to smooth way for auto firms

Deputy Prime Minister Trinh Dinh Dung has urged the Ministry of Transport and the Ministry of Industry and Trade to implement current policies and assist the removal of obstacles for auto businesses.