Shrimp exports projected to up 9.8 percent to 3.7 billion USD this year Business

Shrimp exports projected to up 9.8 percent to 3.7 billion USD this year

Vietnam’s shrimp exports are forecast to reach 3.7 billion USD this year, posting an year-on-year increase of 9.8 percent, fuelled by the EU – Vietnam Free Trade Agreement (EVFTA) which facilitated export to the EU markets, according to Vietnam Association of Seafood Exporters and Producers (VASEP).
EU-Vietnam Business Council debuts Business

EU-Vietnam Business Council debuts

The EU-Vietnam Business Council (EVBC) was jointly launched on October 22 by the Vietnam Chamber of Commerce and Industry (VCCI) and the EU Chamber of Commerce in Vietnam in Hanoi, in light of the EU-Vietnam Free Trade Agreement (EVFTA) taking effect in August.
Gov’t support aids automobile industry Business

Gov’t support aids automobile industry

The domestic automobile industry was forecast to thrive, given the Government’s supports in tax policies for imported automobile components coupled with the increasing income of citizens, according to a report by the Viet Dragon Securities Corporation (VDSC).
China, Cambodia sign free trade agreement World

China, Cambodia sign free trade agreement

China and Cambodia signed a free trade agreement (FTA) in Phnom Penh on October 12, with Cambodian Prime Minister Hun Sen and visiting Chinese State Councilor and Foreign Minister Wang Yi attending the signing ceremony.
Tax cut welcome but not enough: businesses Business

Tax cut welcome but not enough: businesses

The Government's 30 percent corporate income tax cut was a step in the right direction but it could have been more inclusive by offering support to small businesses that were in desperate need of cash due to the difficulties caused by the COVID-19 pandemic, said business leaders and industry experts.