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Vietnam is currently the 16th-largest trade partner of New Zealand and the two countries boast many advantages from supplementing each other. New Zealand has high demand for importing garments and textiles, footwear, wood, tropical farm produce, and seafood, which are strengths of Vietnam, while Vietnam needs to import milk and dairy products, wine, lamb, fruit, raw wood materials, and materials and accessories for garment-textile and leather-footwear. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES AUGUST 3

In February, USAID provided medical equipment to help Laos’ frontline health workers. The US agency followed up with more than 1.9 million USD in the next month while the US Centers for Disease Control handed over about 3.17 million USD to Laos in May. … [Read more...] about Latest Coronavirus News in Vietnam & Southeast Asia June 24

Phnom Penh (VNA) – The Cambodian government has decided to extend tax breaks for another two months for tourism-dependent businesses to overcome difficulties during the COVID-19 crisis, the Ministry of Tourism said on August 3. The exemption, which takes effect in August and September, is granted to hotels, guesthouses, restaurants and tour companies in capital Phnom Penh and in Siem Reap, Sihanouk, Kep and Kampot provinces, as well as in Bavet and Poipet cities, according to the ministry. It added that the government will continue transferring 40 USD per month for staff and workers in the tourism sector for another two months. Tourism Minister Thong Khon said over 3,000 tourism-related businesses in Cambodia have been closed due to COVID-19, leaving more than 50,000 workers unemployed. Last weekend, the government announced that it will continue supporting unemployed workers in the garment-textile sector for another two months. Each will receive 40 USD per month from … [Read more...] about Cambodia extends tax breaks for tourism-dependent businesses

Tuna fish to be exported to the EU market. VNA/VNS Photo Xuân Trường Speaking at the forum on trade cooperation with EU partners on Friday, Hoàng Quốc Vượng, deputy minister of Industry and Trade, said the trade deal, which takes effect on August 1, will open up many co-operation opportunities between Việt Nam and the EU. … [Read more...] about Viet Nam News Economy Việt Nam fulfills international commitments as EVFTA takes effect

He said that Hà Nội should consider building an airport in the southern region to reduce the pressure on Nội Bài International Airport and contribute to developing the economic triangles Hà Nội – Hải Phòng – Quảng Ninh and Hà Nội – Thanh Hóa – Nghệ An. … [Read more...] about Viet Nam News Economy Infrastructure system, administrative reforms important to attract FDI