Việt Nam News

VIFA EXPO and VIFA ASEAN to be held in HCM City next year will provide opportunities for furniture and home accessories businesses to showcase their products and seek orders amid tough times.

Packaging is a bridge between a brand and its customers, but many producers in Việt Nam have not paid proper attention to improving the appearance of their products.

Data management had emerged as a critical factor in driving economic growth, experts say.

The Ministry of Industry and Trade and other relevant agencies are focusing on helping businesses access credit on favourable terms to help them exploit new-generation free trade agreements such as the UKVFTA and EVFTA.

Since the UKVFTA came into force, tariff duties on frozen shrimp products exported to the UK have been reduced to zero per cent. That has offered Vietnamese exporters a competitive advantage compared to other rivals such as Thailand, Malaysia, Indonesia, Philippines, India, and Brazil which had yet to sign an FTA with the UK.  

Express delivery company SPX has opened a state-of-the-art automated sorting centre at the Vietnam Singapore Industrial Park in the northern province of Bắc Ninh.

Analyst’s Pick: The new scheme – “the most comprehensive and fundamental one” as Minister Trà said – is designed based on workers’ positions and leadership titles which will replace the current one applied since 2004. It holds historical significance and will bring about joy for officials and public servants.

To promote import-export growth, the Ministry of Industry and Trade is accelerating negotiations towards the signing of new trade agreements and commitments to diversify markets, products and supply chains.

The US Department of Commerce (DOC) has launched an anti-dumping investigation on aluminum extrusions and products made from aluminum from 15 countries, including Việt Nam. 

The stock market opened the week on a positive note despite a slight contract of liquidity.

A seminar was organised by Bắc Ninh People's Committee in collaboration with the Embassy of Việt Nam in Switzerland, the Swiss-Vietnamese Business Gateway (SVBG) and the Swiss - Asian Chamber of Commerce (SACC) to promote investment into the province.

After the UKVFTA came into effect, demand for using trade defence tools and the number of trade defence cases from both sides have increased.

HoSE reported that most industry indexes experienced decreases in October, with the consumer goods industry (VNCOND) witnessing the largest decline of 20.22 per cent.

The global semiconductor chip market is expected to record a CAGR of 7.1 per cent from 2023 to 2032.

CMSC has just submitted a report to Deputy Prime Minister Lê Minh Khái on approving the project to restructure Vietnam Railway Corporation (VNR) by 2025.

Low electricity prices were believed to be good for production and daily lives but posed a significant problem to electricity producers as they might struggle to have capital for reinvestment and caused difficulty in attracting new capitals in electricity generation, transmission and distribution, which might cause severe power shortage.

In the context that major FDI investors such as Singapore, Japan and the Republic of Korea are adopting the global tax policy from next year, allowing these countries to collect top-up taxes on MNEs which are enjoying tax rate of below 15 per cent for their investment in a jurisdiction,  applying global minimum tax will be a must for Việt Nam to gain the right of collecting the top-up taxes.

National Assembly deputies voiced their concerns over poor planning and preparation, which have resulted in bottlenecks slowing down the disbursement of public funds.