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“As we celebrate the 150th anniversary of HSBC’s arrival in Vietnam, this milestone issuance underscores our long-term commitment to this remarkable country,” said Tim Evans, CEO of HSBC Vietnam. “We plan to be a regular issuer as we look to position our franchise to continue to be the leading foreign bank in the market.” … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES AUGUST 14

Kim Jung-kyun, a senior researcher at the Korea International Trade Association, said, “Vietnam has been making aggressive moves to open up its markets. It currently holds FTAs with 52 countries and has emerged as the trade hub of the ASEAN region. Korean companies based in Vietnam need to actively utilise the FTA network built by the country and set up mid-to-long-term strategies to expand trade and investment in Vietnam and restructure the supply chain.” VIR  … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES AUGUST 15

The report stated, “A high level of market opening is expected as the EU and Vietnam agreed to eliminate around 99 % to 100 % of tariffs based on import bill within 7 years and 10 years, respectively,” and added, “As Vietnam's institutional reform, mitigation of non-tariff barriers, protection of intellectual property rights, and strengthening of labour rights and environmental protection obligations are included in the agreement, it will play a major role in advancing Vietnam's economy as well as expanding overseas investment.” … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES AUGUST 16

Apple moved around one third of its production of wireless headphones to Vietnam. Meanwhile, Google and Microsoft have accelerated their plans to relocate part of their hardware production to the country. As for Samsung, Vietnam has been an important production location for years as more than half of its phones are made in factories in the country, the article said. VNA … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES AUGUST 17

In 2020, Hung Yen province has organized several trade promotion conferences where businesses, supermarket managers, and Vietnam Airlines could meet with managers, cooperative members, and gardeners from Hung Yen province.This year, the province organized a longan festival, a seminar on safe, sustainable agricultural production, tourism activities and visits to longan gardens, a week of Hung Yen longans in Hanoi, and a longan competition. These activities have made Hung Yen agricultural products better known around the world. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES AUGUST 18