Businesses advised to take better advantage of FTA benefits Business

Businesses advised to take better advantage of FTA benefits

Vietnam’s joining of free trade agreements (FTAs) is quite suitable in the context of trade globalization. However, to promote the efficiency of boosting exports, a concerted policy system is needed to help businesses successfully take advantage of benefits brought by the FTAs, according to insiders.
Commercial banks race to expand foreign investments Business

Commercial banks race to expand foreign investments

Vietnamese commercial banks are racing to develop their networks by opening representative offices and subsidiaries in foreign nations, paving the way for them to expand their overseas operations, according to market watchers.
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.
PM underlines Vietnam’s achievements in 2017 Politics

PM underlines Vietnam’s achievements in 2017

Prime Minister Nguyen Xuan Phuc highlighted Vietnam’s significant achievements in 2017 in an article published in a special issue titled “The Year Ahead 2018: Hope Against Rage” of the international media organisation Project Syndicate.
FTAs: boon or bane for businesses? Business

FTAs: boon or bane for businesses?

As 2018 brings newer and bigger FTAs, Vietnamese enterprises are faced with tough choices. They can either adapt and move up the global supply chain, or stand by while imported goods flood the country’s market.