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In addition, the EVFTA's rules on origin are quite complicated. The complexity is the reason that many Vietnamese face mask manufacturers are ineligible to export to the EU, even if they already have customers, because they do not have the required medical certificates. … [Read more...] about VN businesses slow in preparing to enjoy preferential tariffs in EVFTA

The country expects to surpass Bangladesh to become the second largest textile and garment exporter to the world market after the EVFTA comes into effect. It could be difficulty reaching this goal if the domestic textile and garment sector does not have a supporting industry, Deputy Minister of Industry and Trade Trần Quốc Khánh said. … [Read more...] about Local businesses slow in preparing to enjoy preferential tariffs in EVFTA

Sao Mai solar power plant in the Cam Mountain area in An Giang Province Accordingly, its net revenue from the sale of goods and services hit nearly VND2.9 trillion in the three-month period, down 20.6% year-on-year. However, the cost price of goods decreased 24%, so the group’s gross profit in the period went up 18% to VND365 billion. … [Read more...] about Sao Mai Group reports outstanding business performance in Q2

Dong Nai urged to hand over ‘clean land’ for Long Thanh Airport Dong Nai plans to send officials to assist the Long Thanh District in speeding up site clearance, compensation and resettlement for households affected by the Long Thanh airport project  so that construction can begin next year.  … [Read more...] about VN Civil Aviation Authority’s plans for new Quang Tri Airport face opposition

FDI relocation "wave" still unclear as Vietnam faces competition from India, Thailand, Indonesia Vietnam has a great opportunity to receive new FDI, but it has been warned of the ‘the other side of the coin’. … [Read more...] about Vietnam prepares to receive investors from Japan, the US, EU