Brazil begins AD sunset review on Vietnam’s rubber tyres for bicycles A rubber tyre for bycicles (Illustrative photo: Ministry of Industry and Trade) The Department of Commercial Defence (Decom) under Brazil’s Ministry of Industry, Foreign Trade and Services has initiated a sunset review of the anti-dumping duty order on new rubber tyres for bicycles classified under NCM 4011.50.00 from Vietnam, India, and China. Decom initiated anti-dumping duties against the product in December 2014, with duties imposed on Vietnam’s rubber bicycle tyres standing at 0.59-2.8 USD per kg. The department required exporters of relevant countries to respond to questionnaires indicating the information necessary to the investigation on Decom’s portal decomdigital.mdic.gov.br. They shall have a 30-day deadline for response, counting from the date of notification. The deadline can be extended up to 30 days based on request of relevant sides, the Brazilian authority added. … [Read more...] about BUSINESS NEWS IN BRIEF 14/3
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BUSINESS NEWS IN BRIEF 19/1
Hanoi 3rd in JLL's City Momentum Index The Asia-Pacific is home to 19 of the top 20 cities on the sixth City Momentum Index published by JLL, highlighting the continuing shift of fast urban growth from the West to the East. Overall, Indian and Chinese cities dominate the rankings, accounting for three quarters of the top 20. Leading the pack are Bengaluru and Hyderabad in India, with Hanoi third. “Asia continues to show strong momentum, with cities that are successfully expanding their innovation economy punching above their weight in terms of attracting capital, companies, and people,” said Mr. Jeremy Kelly, Director of Global Research at JLL. “It’s clear that the tech sector is a key driver of both real estate and economic momentum - driven by large technology firms as well as dynamic startups in cities like Bengaluru, Hyderabad, Ho Chi Minh City and Shenzhen.” Although the global economic cycle is in its late stages, there are still many cities in the … [Read more...] about BUSINESS NEWS IN BRIEF 19/1
US, Việt Nam entertainment groups jointly produce videos on YouTube
Pop star Đàm Vĩnh Hưng was the first artist to receive a high level of income from advertisements on all nine channels of POPS Worldwide. — Photo ngoisao.netViet Nam News HCM CITY — NBCUniversal Media, a New York-based multinational media group, and its Vietnamese partner, POPS Worldwide, are working together to produce and distribute entertainment videos on YouTube. They will launch POPS TV, an entertainment video website, containing celebrity news and hot reality series. The website will consist of three categories: E!Zone, Entertainment and Music, which will feature TV shows on fashion, beauty, kids, movies, music and hot news about international and local superstars, along with many more. POPS Worldwide will also localise and distribute E! Zone channel’s top hot reality shows produced by NBCUniversal, such as Keeping up with the Kardashians, Citizen Rose, E! News Asia Special and Rich Kids of Beverly Hills. They later will produce … [Read more...] about US, Việt Nam entertainment groups jointly produce videos on YouTube
BUSINESS NEWS IN BRIEF 2/9
Agro-forestry-fishery exports generate 25.7 billion USD in 8 monthsThe agro-forestry-fishery sector raked in 3.13 billion USD from exports in August, raising the total value in the first eight months of this year to 25.7 billion USD, up 7.3 percent year-on-year. According to the Ministry of Agriculture and Rural Development, the best performers in the period included rice, fruit and vegetables, key forestry products and seafood. Exports to major markets like the Association of Southeast Asian Nations (ASEAN), the Republic of Korea (RoK), China, the US and Japan increased significantly over the past eight months. The country exported about 4.4 million tonnes of rice worth 2.2 million USD between January-August, up 6.8 percent in volume and 22.1 percent in value from the same period last year. In August alone, 441,000 tonnes valued at 209 million USD was shipped abroad. China remained Vietnam’s largest rice importer, making up 24.7 percent of the market … [Read more...] about BUSINESS NEWS IN BRIEF 2/9
Arts & Entertainment News In Brief
Nature, locals degrade Điện Biên Phủ historic complex Tourists visiting part of the Điện Biên Phủ complex. Extreme climate change and escalating encroachment by local people looking to expand their homes and farmland are threatening Điện Biên Phủ historical tourism complex in the northern mountainous province of Điện Biên. These factors are also hindering the protection and preservation of the special national historical site, an authority official has said. Phạm Việt Dũng, director of the Điện Biên Province’s Culture, Sports and Tourism Department, said that over the past several years, the conservation, restoration and protection of the Điện Biên Phủ War historical complex has faced increasing obstacles due to natural impacts and shortcomings in law enforcement efforts to stop violations. Dũng said the complex, with a total of 45 … [Read more...] about Arts & Entertainment News In Brief