According to the EVFTA, the EU will open its logistics market to Vietnamese enterprises. However, economists say Vietnamese logistics enterprises will not easily access this market, as EU logistics businesses are strong and EU clients are demanding and have high requirements in terms of service quality and adherence to the law. Meanwhile, Vietnamese logistics businesses lack a long-term vision, capital, consistent technology and international standard service quality. Service quality, reliability and stable and controllable supply chains are more important than good prices for logistics service providers to attract customers. … [Read more...] about EVFTA offers opportunities for logistics business
Is power washing a good business
The ministry said that by the start of this month, a few Nepalese importers agreed to sign an application for re-export. However, in order to bring all the goods back as expected, Vietnamese businesses need to coordinate closely with State management agencies and must actively persuade their partners to sign the application for re-export. … [Read more...] about MoIT seeks way to help businesses re-export pepper stuck in Nepal
VN electricity group's standalone profile steady despite tariff cut, collection delays Vietnam Electricity's (EVN) Standalone Credit Profile (SCP) of 'bb' has reasonable headroom to absorb the impact of the proposed reduction in electricity tariffs in the country, Fitch Ratings said in a report released on Wednesday. … [Read more...] about Vietnam Electricity announces test results of electricity bills
The epidemic has made US businesses realize that they need to choose production locations which not only allow them to optimize production costs, but also have the capability to resist shocks and risks. The figure is expected to create a positive effect on decisions by American investors to expand their production and business to non-China markets. … [Read more...] about Will US investors head for Vietnam after leaving China?
The Asia-Africa Market Department under the Ministry of Industry and Trade (MoIT) stated that the Vietnamese side also held a series of online meetings with their counterparts in Nepal in an effort to devise solutions aimed at resolving challenges faced by Vietnamese firms.If Nepal is unable to import pepper, then it is deemed necessary to create conditions in which Vietnamese enterprises can re-export their consignment. … [Read more...] about VN Trade Ministry rescues 58 containers of pepper stuck in Nepal