FDI forecast to flow into supporting industries Business

FDI forecast to flow into supporting industries

Foreign direct investment in supporting industries is expected to spike in the coming months as more and more foreign companies establish production facilities in Vietnam and seek to develop supply chains here, experts said.
Measures sought to clear bottlenecks in logistics cost Business

Measures sought to clear bottlenecks in logistics cost

Vietnam has set an annual growth target of 15-20 percent for the logistics sector, making up 8-10 percent of the country’s gross domestic product (GDP). Besides, logistics costs are also expected to reduce, equivalent to 16-20 percent of the GDP.
Businesses get access to non-interest loan package Business

Businesses get access to non-interest loan package

Forty businesses have received money from the Government’s non-interest loan package of 62 trillion VND (2.7 billion USD) to pay salaries to nearly 1,200 employees who have stopped working due to the serious impacts caused by the COVID-19 pandemic.
Indonesian diplomat highlights significance of RCEP signing World

Indonesian diplomat highlights significance of RCEP signing

The signing of the Regional Comprehensive Economic Partnership (RCEP) Agreement is ASEAN’s most outstanding achievement this year, Permanent Representative of Indonesia to ASEAN Ambassador Ade Padmo Sarwono said in an interview granted to the Vietnam News Agency (VNA)’s correspondent in Jakarta on November 18.
Malaysian firms expect increased market access from RCEP World

Malaysian firms expect increased market access from RCEP

The Federation of Malaysian Manufacturers (FMM) is confident that the Regional Comprehensive Economic Partnership (RCEP) Agreement will considerably contribute to promoting market access for Malaysian companies, enabling new value chains, increasing economic activities, and strengthening supply chain links across the Asia-Pacific region.
Vietnam attends 31st APEC Ministerial Meeting Business

Vietnam attends 31st APEC Ministerial Meeting

Vietnamese Deputy Prime Minister and Foreign Minister Pham Binh Minh attended the 31st Asia-Pacific Economic Cooperation (APEC) Ministerial Meeting held via videoconference on November 16 evening under the chair of Malaysian Minister of International Trade and Industry Mohamed Azmin Ali.
ASEAN Plus Three leaders talk with East Asia Business Council representatives ASEAN

ASEAN Plus Three leaders talk with East Asia Business Council representatives

Vietnamese Prime Minister Nguyen Xuan Phuc, as the ASEAN Plus Three Chair, proposed the business community continue standing shoulder-to-shoulder with the governments in the fight against the COVID-19 pandemic and in economic recovery in East Asia at the ASEAN Plus Three Leaders’ Interface with Representatives from East Asia Business Council on November 14.