The Trans-Pacific Partnership (TPP) agreement is expected to have a
significant impact on Vietnamese businesses operating in the garment and
textile industry.
Voluntary pension is becoming necessary in Vietnam to ensure social
security as the country’s population age, participants said at a
conference on April 24 in Hanoi.
Prime Minister Nguyen Tan Dung has asked ministries, sectors and
localities to promptly prioritise clearing the obstacles confronted by
businesses and dealing with bad debts and inventories to create a
driving force for the economy to regain growth.
Prime Minister Nguyen Tan Dung on Dec 18 advised HCM City to
restructure the real estate sector towards removing weak and ineffective
players and providing housing to meet real demand.
Japanese businesses have suggested the southern province of Binh Duong to further improve its investment environment so as to attract more foreign investors.
Prime Minister Nguyen Tan Dung has given the nod for tax incentives to be granted to giant Samsung Electronics of the Republic of Korea, allowing the company to begin work on a factory expansion project in northern Bac Ninh province.
RK Engineering, a wholly foreign invested company from Japan on Mar.
29 inaugurated a high-pressure resistance tank, tank top, heatproof
material and equipment plant in Dinh Vu Industrial Zone in the northern
city of Hai Phong .
Customs and tax-related problems fueled a meeting between business
representatives from the Republic of Korea and
Vietnamese authorities held in Hanoi on June 22 by the Government
Office's Department of Administrative Procedures Reform to gather
opinions from the RoK business community.
Domestic exporters should capitalise on the rising import growth rates
of Asian countries and boost exports to those markets, Deputy Minister
of Industry and Trade Nguyen Thanh Bien said April 7.
Chile is now moving to encourage Vietnamese businesses to invest and
explore the consumption trend in the Latin American country, Vietnam ’s
trade mission in Chile said.
Experts discussed ways to encourage Vietnam to adopt the new POS
(Point of Sale) plastic money system of paying for their shopping at a
conference to introduce Vietnam Banking 2010.
A dialogue on Vietnam ’s new tax and customs policies was held in
Seoul , the Republic of Korea (RoK), on October 1, drawing the
participation of 118 local businesses.
Vietnam's auto industry has survived its first decade, but had
failed to live up to expectations because of a limited market, supply
industries and roading, an expert has said.
Boosting internal cooperation and expanding cooperation with developed
partners around the world have been defined as the prime solutions that
ASEAN should take to narrow the widening development gap among its
members.
“An increasingly widening development gap is posed as the top impediment
to ASEAN’s future growth,” Prime Minister Nguyen Tan Dung said,
addressing the 42nd ASEAN Economic Ministerial Meeting and Related
Meetings in Da Nang city on August 25.
Many Japanese investors have recently said that they will choose
Vietnam as a destination for their investments within the next 1-3
years, although there remains some concerns over the quality of the
workforce and the country’s infrastructure.
Foreign companies locating their regional operating headquarters in
Thailand will enjoy more tax incentives, according to the Thai
Government’s Public Relations Department.
The import value of automobiles in the
first month of this year reached only 45 million USD, a 76.4 percent
decrease over December, according to the General Statistics Office
(GSO).
The growing prices of imported steel
materials will raise the prices of steel products on the domestic
market, but not sharply, reports an industry insider.
XIII National Congress of Communist Party of Vietnam
