Want to be in the loop?
subscribe to
our notification
Business News
SEMINAR FOR THE TEXTILE AND FOOTWEAR INDUSTRY - MANUFACTURING POWERHOUSE IN CENTRAL VIETNAM
With a strategic location advantage, a stable political and social environment, a younger labor force and a lower salary for workers, the growth rate of Vietnamese manufacturing industry is far beyond the other Asian countries. Vietnam is also one of the ASEAN countries who is the largest commodity country exporting to the United States, thus attracting a large number of clothing and footwear enterprises to relocate their manufacturing bases from China to Vietnam.
The Vietnamese government attaches particular importance to the central economic zone (e.g. Quang Ngai) and has developed a number of preferential policies. The economic zone has an important strategic position where manufacturers can ship goods not only to northern Vietnam (Hanoi) and southern Vietnam (Ho Chi Minh City), but also Laos, Cambodia, Thailand, and even China. The central economic zone is only 1 hour flight from the economic center of Vietnam and there are two international airports (Da Nang and Phu Bai) among the four airports. These superior infrastructures provide great convenience for the production, transportation, import and export of products and reduction of the associated costs.
Hong Kong Productivity Council (HKPC) is organizing a seminar to invite professionals of various fields and entrepreneurs who have their production set up in Vietnam to share their experiences.
Entrepreneurs and small and medium-sized enterprises of the Hong Kong textile, garment and footwear industry could seize this opportunity to understand the Vietnam investment environment.
Pleaes click here for more information
Related News
GLOBAL SOURCING FAIR VIETNAM 2025
Global Sourcing Fair Vietnam 2025, held from 24-26 April at the Saigon Exhibition & Convention Center (SECC), Ho Chi Minh City, is the must-attend international expo for sourcing Fashion & Accessories and Home & Gifts
VIETNAMESE ENTERPRISES GRAPPLE WITH CHALLENGES IN Q3
In many sectors, businesses acknowledged that simply breaking even was an accomplishment this year. A prominent example is Nam Sông Hậu Trading Investment Petroleum JSC, once a leading fuel distributor in the Mekong Delta.
CENTRAL BANK ISSUES NEW DECISIONS ON DEPOSIT INTEREST RATES
The other holds that the maximum interest rate for Vietnamese đồng-denominated deposits with terms of less than one month of organisations and individuals at credit institutions and foreign bank branches is 0.5 per cent per year. Additionally the maximum interest rate applied to deposits with terms from one month to less than six months is 4.75 per cent per year.
HIGH-TECH PERSONNEL TO DRIVE COMPETITION
Vietnam is advancing new mechanisms and incentives to strengthen workforce quality as part of a strategy to engage high-tech investment and enhance its economic competitiveness. The government announced at a recent National Assembly (NA) session that it would increase investments in education and training quality in the next few months.
VIETNAM SET TO ENHANCE CUSTOMS QUALITY AND EFFICIENCY
The policy outlines the GDC's objectives to enhance the effectiveness and efficiency of State customs management, align with development and international integration needs, and streamline the import, export and transit of goods, as well as the entry, exit and transit of means of transport.
REAL ESTATE BUSINESSES EXPAND INTEREST IN AVAILABLE LAND TO THRIVE IN 2025
Real estate companies are vigorously seeking available land to prepare for a new wave of investment in 2025.The Ministry of Construction’s October report highlighted that legality, liquidity, and land use fees are the primary considerations for businesses selecting land investments.