EU€“VN FREE TRADE AGREEMENT SET TO LURE EUROPEAN SMES TO VIETNAM
[21-07-2016] More European small and medium enterprises are flocking into Vietnam in anticipation of the EU–Vietnam Free Trade Agreement (EVFTA). Last week, a delegation of 30 European pharmaceutical firms in the environment and water sectors paid a working visit to Ho Chi Minh City to research the market and explore opportunities.
CIRCULAR OUTLINES TAX INCENTIVES
[21-07-2016] The finance ministry issued Circular No. 83/2016/TT-BTC (“Circular 83”) on June 17, 2016. It guides the implementation of investment tax incentives prescribed in the Investment Law and government decree No. 118/2015/ND-CP, which details and regulates several articles of the Investment Law.
VIETNAMWORKS: THE HOTTEST IT EVENT OF THE YEAR
[20-07-2016] VietnamWorks is currently lauching Tech Expo 2016, a large-scale technology event which gathers the leading tech companies and tech talents in Vietnam.
KIEN GIANG BOOSTS EXPORTS
[19-07-2016] The southern province of Kien Giang strives to earn US$260 million from exports in the last five months of 2016 to fulfill its yearly target of US$440 million. Chairman of the provincial People’s Committee Pham Vu Hong directed relevant agencies to enact measures to boost exports, improve the business environment and competitiveness, and support businesses, especially temporarily inactive ones.
WILL VIETNAM RESTRUCTURE THE CENTRAL BANK?
[18-07-2016] For the last ten years, the State Bank of Vietnam (SBV) has said it would restructure its operations. The government has instructed SBV to continue the plan on restructuring the banking system in 2016-2020. But the restructuring has not been implemented, though SBV once drew up a plan years ago.
VIETNAM NEEDS TO THINK LOGISTICALLY TO ATTRACT MORE FOREIGN INVESTMENT
[18-07-2016] The rapid growth of Vietnam’s export-oriented manufacturing sector has boosted the demand for logistics services but the government needs to step up its game to be more competitive.
THE EVFTA SET TO LURE EUROPEAN SMES
[18-07-2016] More European small and medium enterprises are flocking into Vietnam in anticipation of the EU–Vietnam Free Trade Agreement (EVFTA). Last week, a delegation of 30 European pharmaceutical firms in the environment and water sectors paid a working visit to Ho Chi Minh City to research the market and explore opportunities.
EXPORT TURNOVER FETCHES US$162.57 BILLION IN H1
[18-07-2016] As of late June, total trade turnover valued US$162.57 billion, up 2.4% or US$3.76 billion against the same period last year, according to the Viet Nam Customs Department. In the first half, Viet Nam ran a trade surplus of nearly US$1.7 billion.
