3 special economic zone in vietnam

Phnom Penh (VNA) – The Singapore-based firm Hong Lai Huat (HLH) has shaken hands with Skiold A/S of Denmark to consider investment into a 1-billion-USD Cambodia-Singapore Agriculture Special Economic Zone project. The Edge newspaper of Singapore reported that the objective of a memorandum of understanding (MoU) signed by the two firms is to create the foundation for the first mutual platform to enhance trade and economic cooperation and technical exchanges in the field of poultry and cattle farming as well as seed processing for Cambodia. Under the MoU, both companies agreed to initiate the setting up of livestock and seed production in the agriculture economic zone, while conducting a feasibility study of a new project on livestock and agricultural production, and creating more job opportunities within the next six months. HLH General Director Ong Jia Jing showed pleasure at the potential collaboration between the two companies in the development of the Cambodia-Singapore … [Read more...] about Singaporean, Danish firms shake hands in developing agricultural project in Cambodia

There are many reasons behind the stabilization of the exchange rate, said a representative of a HCMC major commercial bank, adding that among them is the fact that the hoarding of U.S. dollars has been subdued as other investment options such as gold and securities have become more attractive and the 2020 inflation rate was predicted to stay at just 3.5-3.8%. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 8

A report released by the MoIT shows that during the first eight months of the year, the local garment and textile industry contributed approximately US$22 billion to the country's overall export turnover, despite recording declines of more than 11% compared to the same period last year. Indeed, resurgence of novel coronavirus outbreaks globally has also caused more difficulties for Vietnamese textile and garment production, along with exports.  … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 10

It will take growth quality as the foundation to shift to exports of services and intangible goods such as software and digital content, encourage links between the country's various regions to increase exports to markets with which Viet Nam has free trade agreements, improve the competitiveness of export items by capitalising on the city’s comparative advantages, join global value chains, and increase links between businesses. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 9

Addressing the fourth session of the National Steering Committee for IUU Prevention on Tuesday, Dũng said that Việt Nam had co-ordinated closely with the EC to fight IUU fishing and achieved significant progress by enforcing the EC's recommendations. … [Read more...] about Stronger measures needed to combat IUU fishing: Deputy PM