Singapore to ban sale of elephant ivory from 2021 World

Singapore to ban sale of elephant ivory from 2021

The Singaporean government said on August 12 that it will impose a blanket ban on the domestic sale of elephant ivory and products from 2021 as a campaign against illegal wildlife trade is being tightened.
Local car maker to export to ASEAN, US Business

Local car maker to export to ASEAN, US

The Truong Hai Automobile Company (Thaco) plans to export locally manufactured buses, cars and semi-trailers as well as spare parts and accessories to the US, Canada, Thailand, Singapore and the Philippines worth 60 million USD in 2019.
Vietnam seeks to increase value of coffee products Business

Vietnam seeks to increase value of coffee products

Vietnam aims to increase value of coffee products by processing more than 25 percent of its coffee beans by 2020, according to the Processing and Market Development Authority (AgroTrade) under the Ministry of Agriculture and Rural Development.
Challenges still ahead for Vietnamese seafood exporters Business

Challenges still ahead for Vietnamese seafood exporters

Despite rosy export growth in the first seven months, Vietnamese enterprises still face a line-up of hurdles in the remaining months of the year, including input material quantity and quality and barriers from import markets, heard a conference in Ho Chi Minh City on August 28.
Germany’s Bosch group supports innovative startup in Vietnam Business

Germany’s Bosch group supports innovative startup in Vietnam

Bosch Group, a leading global supplier of technology and services headquartered in Germany, will send experts to evaluate and give consultancies to startup projects and join hands with the Saigon Innovation Hub (SiHub) to organise annual industrial technology startup contests.
Vietnamese firms to seek local suppliers Business

Vietnamese firms to seek local suppliers

Vietnamese garment and textile firms are increasing their investments in locally made raw materials in an effort to satisfy strict rules of origin set by free trade agreements.
Imported cars to cost more after tax changes Business

Imported cars to cost more after tax changes

Imported cars are expected to become more expensive by around 5 percent if the finance ministry's draft plan to adjust the calculation of special consumption tax on imported automobiles is approved.
Business

Demand for imported pick-up trucks increases

Automobile joint ventures in Vietnam have been importing pick-up trucks from their factories in Southeast Asia in large quantities for domestic sale, the English language news website VietNamNet Bridge reported.
Business

Vietnam seeks trade balance solutions

The important foreign trade results Vietnam achieved in recent years have considerably contributed to the development of the country. Imports and exports have grown at a rather high rate in terms of value as well as the range of products. The trade deficit has been narrowed down. However, if Vietnam fails to take decisive measures, it will be difficult for the country to achieve the balance-of-trade goal set for 2020. The Vietnam Economic News reports.
Business

Plastics industry needs long-term strategy

Although the fledgling plastics industry has recorded remarkable growth over the recent period, it still faces many difficulties and it is essential to devise a long-term development strategy, experts have said.