Recent volatility occurring in the global economy has dealt a heavy blow to Vietnamese businesses, especially those operating in the wood, textile and footwear manufacturing industries, forcing them to lay off tens of thousands of employees.
After two years of implementing the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the use of the deal to generate benefits for the economy and businesses has remained modest, according to insiders.
Enterprises from a number of EU member countries have already made efforts to take full advantage of the EU-Vietnam Free Trade Agreement (EVFTA) and make moves into the Vietnamese market.
Vietnam is entering a level playing field in which efficient solutions to maintain economic development always causes headaches for experts and business leaders.
Vietnamese businesses have invested nearly 440 million USD abroad since the beginning of this year, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.
E-commerce and digital technology are creating great opportunities for Vietnamese businesses to enter the world market and participate in the global value chain as Industrial Revolution 4.0 is changing business and production models in a dramatic way.
A seminar on the opportunities and challenges of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) for Vietnamese businesses was held in Hanoi on November 28.
China has recently imposed a number of stringent requirements on goods imported from Vietnam, which requires Vietnamese farmers and businesses to improve their product quality during the entire production process before sending goods to export.
Vietnamese businesses imported nearly 10,000 completely built cars in August, up 50% compared with the previous month, according to the General Department of Vietnam Customs.
Vietnamese businesses have exported more than 92,000 tons of lychees (including fresh and dried lychee) from the 2018 crop, according to the latest statistics from the General Department of Customs.
Cambodian Prime Minister Samdech Akka Moha Sena Padei Techo Hun Sen has thanked Ho Chi Minh City for assisting his country’s Phnom Penh capital and other localities.
The UN Convention on International Sales Goods (CISG), which supports the businesses of its 80 member countries, will take effect in Vietnam on January 1, 2017.
Viet Nam welcomes all investors in the context that the Government is now devoting efforts to improve business environment, said PM Nguyen Xuan Phuc while addressing the Hong Kong-Viet Nam Business and Investment Forum in Hong Kong on September 14
