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USEFUL FACTS ABOUT HONG KONG’S LATEST ECONOMIC DEVELOPMENT
HK is an integral part of the international financial system: for example, the US securities supervisor has an enforcement agreement with Hong Kong; the territory is on the oversight board of CLS, a global currency-settlement platform backed by the Federal Reserve which deals in Hong Kong’s currency, among others. Most bank supervisors and risk officers treat a counterparty in Hong Kong like one in Heidelberg.
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VIETNAM STILL NOT OPEN TO INTERNATIONAL TOURISTS: PM
The national steering committee for Covid-19 infection prevention and control was asked to identify and quarantine new cases, while the Ministry of Health has to remain prepared for dire circumstances and provide local authorities with Covid-19 infection prevention and control guidance.
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EVFTA WIDENS HORIZON FOR LOGISTICS EXPANSION
As a global provider of logistics services, UPS sees these agreements as providing a great deal more latitude for their customers to expand their key imports, as well as helping to simplify processes while encouraging more long-term investment and strategic business partnerships.
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LOGISTICS SERVICE INDUSTRY READY FOR OPPORTUNITIES FROM EVFTA
Vietnam’s logistics service industry is preparing infrastructure and techniques to grasp opportunities from the Europe-Vietnam Free Trade Agreement (EVFTA) to attract foreign investors with a wave of factories.
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INSTRUCTION RELATING TO CERTIFICATE OF ORIGIN IN CPTPP AGREEMENT
Accordingly, in Article 5, Circular 38/2018/TT-BTC of the Ministry of Finance dated April 20, 2018, stipulating determining origin of import – export goods (amending and supplementing Circular 62/2019/TT-BTC) regulating customs declarants declaring reference number and issuance date of C/O on customs declaration.
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WIND EXPO 3-4 NOVEMBER, 2020
Vietnam, where renewable power are poised for a significant rise and with 4.4GW solar power successfully installed by the end of June, 2019 and wind power planning to hit 2GW by 2025, 6GW by 2030, is one of the hottest destinations for renewable energy investment in Asia Pacific.
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2ND VIETNAM SOLAR EXPO CO LOCATED WITH VIETNAM 3-4 NOVEMBER, 2020
Vietnam, the hottest destination for solar power investment in Asia Pacific, has got more than 4.4GW solar projects installed after its first round of FiT mechanism put into effect, with around 1GW solar power installation predicted for yearly growth, now is transiting to auction mechanism gradually to establish a more sustainable market for solar power development.
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BA RIA – VUNG TAU TO DEVELOP MODERN SEAPORTS, LOGISTICS SERVICES
A workshop was held in the southern province of Ba Ria – Vung Tau on June 18 to seek ways to develop seaports and logistics services, which are important components of the local economy.