Exporters urged to properly prepare for CPTPP Business

Exporters urged to properly prepare for CPTPP

Whether Vietnamese enterprises can cash on the opportunity brought by the CPTPP to increase exports of garments, footwear, timber products, and beverages depends on their preparation, experts said.
Quality, tech help Vietnamese products go global Business

Quality, tech help Vietnamese products go global

Nguyen Manh Dung, CEO of Namilux, one of the leading gas stove manufacturers in Vietnam, said his company tied up with a Japanese partner and has adopted Japanese standards in its production for nearly 20 years.
Leather, footwear sector needs supporting industry Business

Leather, footwear sector needs supporting industry

The leather and footwear sector needs to develop supporting industry to reduce reliance on the import of raw materials, enhance competitiveness and boost high-value exports, said Deputy Minister of Industry and Trade Cao Quoc Hung.
Local firms prepare for CPTPP’s strict regulations Business

Local firms prepare for CPTPP’s strict regulations

The Comprehensive Progressive Trans Pacific Partnership (CPTPP) promises great benefits for Vietnamese firms, but many regulations on technical barriers and social responsibility will have to be met in order to take full advantage of the trade deal, experts said at a conference in HCM City on December 15.
Non-tariff barriers hinder exporters Business

Non-tariff barriers hinder exporters

It is critical to enhance the awareness of businesses about non-tariff measures and build the capacity to tackle invisible trade barriers, experts have said.
Vietnamese exporters must defend against trade suits Business

Vietnamese exporters must defend against trade suits

As importing countries impose trade barriers to protect their goods and products, they often utilise trade remedies against exporting countries. There are short-term solutions for exporters, like Vietnam. But in the long run, enterprises still need strategic planning and specific steps to overcome trade barriers in order to increase exports and develop sustainably.
Domestic automakers brace for imports Business

Domestic automakers brace for imports

The domestic auto industry will need several supporting measures including technical barriers to “create differences” between locally-made and imported cars, officials and industry insiders agree.
India greatly values relations with Vietnam Politics

India greatly values relations with Vietnam

India greatly values its relations with Vietnam, Secretary (East) of the Ministry of External Affairs of India Preeti Saran has said in an interview granted to the Vietnam News Agency
Local firms urged to exploit EU market Business

Local firms urged to exploit EU market

Vietnamese firms must draw up long-term business strategies to exploit opportunities in the European Union (EU), as the EU-Vietnam Free Trade Agreement (EVFTA) will come into force by 2018.