HCM City, Cuba join hands in tourism development Tours

HCM City, Cuba join hands in tourism development

The Tourism Department of Ho Chi Minh City and Cuba’s Tourism Ministry, along with travel businesses of both sides have inked cooperation deals aiming to create a legal foundation for organising tours to the Caribbean nation, according to Sai Gon Giai phong newspaper.
Vietnam-Mexico trade to benefit from TPP Business

Vietnam-Mexico trade to benefit from TPP

The Trans-Pacific Partnership (TPP) agreement, once approved by its member countries, is expected to benefit trade ties between Vietnam and Mexico thanks to tax preferences.
Government prepares IT tax incentives Sci-Tech

Government prepares IT tax incentives

Deputy Prime Minister Vu Van Ninh has asked the Finance Ministry to complete a draft resolution on tax incentives for IT firms and collect suggestions from relevant ministries.
Business

Quang Nam attracts Japanese investors

The central province of Quang Nam organised a seminar in Japan ’s capital Tokyo on August 25 to lure investment from Japanese businesses, especially small- and medium-sized ones.
Business

Firms try to cut reliance on imports

Increasing the localisation rate would be one measure that could reduce enterprises' reliance on imported raw materials, according to independent market watchdogs.

Analysts said that such reliance, including the high rate of materials sourced from the Chinese market, was affecting the economy.

According to the Vietnam Garment and Textile Association (VGTA), in 2013 the domestic apparel industry used 7.4 billion square metres of fabric, of which up to six billion square metres were imported.
Opportunities, challenges for Vietnam's software industry Sci-Tech

Opportunities, challenges for Vietnam's software industry

Vietnam has reaped many successes in developing the software industry, but to expand the market of software products, it must pay more attention to human resources and product development, and appropriate support policies must also be put in place to support software businesses, a local paper said.
Business

FTAs raise hope for increased exports to Europe

Deputy Head of the European Market Department under the Ministry of Industry and Trade Duong Hoang Minh said that exports to the European market would recover rapidly after three free trade agreements (FTAs) between Vietnam and Europe are concluded this year, the Vietnam Economic News reported on April 14.
Textile and garment materials to develop domestically Business

Textile and garment materials to develop domestically

Vinatex has encouraged its member businesses and other enterprises in the textile and garment industry to invest in production of materials including fabric and fiber, and to form a complete material supply chain. Report by the Vietnam Economic News.
Business

EU awareness key to export success

Vietnamese exporters should learn well the new European Union rules relating to the bloc's Generalised System of Preferences (GSP) in order to extract maximum advantage, experts said at a seminar held in Ho Chi Minh City on July 5.
Business

Seagate eyes Vietnam as key market

Seagate Technology, a leading manufacturer of hard disk drives and storage solutions, sees Asia and Vietnam as key to its strategic business development.