Vietnamese firms on tough path to conquer US market Business

Vietnamese firms on tough path to conquer US market

The US has been a target market for many Vietnamese businesses. Yet the 300 million-strong market is also a demanding market in terms of quality standards, requiring firms to exert efforts to penetrate, reported the Thoi bao Kinh te Viet Nam (Vietnam Economic Times).

Vietnamese firms need a global mindset

Tran Huu Huynh, head of the Vietnam Chamber of Commerce and Industry (VVCI)'s Advisory Committee on International Trade Policies, tells Hai Quan (Customs) that local enterprises should unite and practise an open management policy to remain competitive.

Vietnamese firms face big changes following Eurasia Economic Union trade deal

The recent conclusion of the free trade agreement (FTA) between Vietnam and the Eurasia Economic Union (EAEU), comprising of Russia, Belarus, Kazakhstan, Armenia, and Kyrgyzstan, is expected to offer both opportunities and challenges to Vietnamese business players.

In an interview granted to the Vietnam News Agency, Minister of Industry and Trade Vu Huy Hoang highlighted the significance of the trade pact, the first of its kind struck between the union and an outside partner, which covers almost all commerce and investment fields from trade in goods and services, investment services, finance and banking to science-technology services, e-commerce, intellectual property, environmental protection and Government purchase.
Vietnamese firms support Cambodian farmers Business

Vietnamese firms support Cambodian farmers

The contributions made by Vietnamese enterprises to Cambodia’s socio-economic development were praised during the product launch ceremony for the PetroVietnam Ca Mau Fertilizer Company (PVCFC) in Phnom Penh on May 28.

Vietnamese firms updated about Vietnam-RoK free trade pact

Vietnamese business owners gathered at a workshop in Hanoi on May 21 to learn more details of the recently-signed Vietnam–Republic of Korea Free Trade Agreement (VKFTA), making it easier for them to reshape their business strategies in anticipation of opportunities ahead.