Lan said that according to the Resolution of the 17th Ha Noi Party Congress, the industry’s structure in the capital city would change significantly, with construction and industry accounting for 22.5-23 per cent, services by 65-65.5 per cent and agriculture accounting for a very modest proportion. This would have significant impact on the city’s industry and trade sector, Lan said. … [Read more...] about Ha Noi to focus on promoting trade, industry
Managed trading accounts
Hà Nội to focus on promoting trade, industry
Lan said that according to the Resolution of the 17th Hà Nội Party Congress, the industry’s structure in the capital city would change significantly, with construction and industry accounting for 22.5-23 per cent, services by 65-65.5 per cent and agriculture accounting for a very modest proportion. This would have significant impact on the city’s industry and trade sector, Lan said. … [Read more...] about Hà Nội to focus on promoting trade, industry
Supply chain reaction: trade war refugees race to relocate to Vietnam, Thailand
Low tech goods and low value manufacturing would be the quickest to migrate while higher value-added exports in the machinery, transport and IT category would likely take decades to relocate due to high R&D costs and competitive Chinese labor costs, UBS said in a note earlier this month. … [Read more...] about Supply chain reaction: trade war refugees race to relocate to Vietnam, Thailand
Exporters to identify risks of trade defence measures in the US
Matthew said due to favourable conditions such as the attraction of foreign investment leading to increased export production, taking advantage of supply chain disruptions and gaps in the US market, Viet Nam has more chance to enter the market. However, he added the excessive increase in turnover of some products would make them face the risk of lawsuits and trade remedies. If tax is imposed on a product, it could affect the whole industry and make many others leave the market because the US trade defence tax rate was often very high. … [Read more...] about Exporters to identify risks of trade defence measures in the US
Strategic market identification sought for stronger wood trade
Economic recoveries elsewhere on the globe will see increasing demand for wood from the likes of Vietnam, photo Le Toan Vietnamese flooring provider Sagi Co., Ltd. is currently working with Japanese partners to develop a flooring centre in Vietnam. The company’s director Nguyen Phuc Thang wants to take advantage of his understanding of the Japanese market, as well as the company’s experience in developing its Son Lam brand for laminate flooring to connect supply and demand for wooden flooring products. … [Read more...] about Strategic market identification sought for stronger wood trade