On November 15, four months after the EU-Vietnam Free Trade Agreement (EVFTA) took effect, Vietnam and other ASEAN member countries officially signed the RCEP agreement with five big partners – Australia, China, Japan, the Republic of Korea (RoK) and New Zealand. … [Read more...] about RCEP: local enterprises stepping firmly forward
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Vietnamese firms connect with potential partners at Singapore forum
Huong said the forum provided a chance for Vietnamese firms to learn more information, connect with partners to expand operations in the region and the world, and find resources to boost production. It was also an occasion for them to seek Singaporean and international enterprises interested in investing in Viet Nam through mergers and acquisitions (M&As). … [Read more...] about Vietnamese firms connect with potential partners at Singapore forum
Firms warned over intellectual property
Hanoi (VNS/VNA) - Experts are again issuing a warning to local enterprises to pay attention to intellectual property (IP) rights when doing business overseas. According to Le Ninh Giang, director of the centre for IP technology and application (IPTA) said a lot of enterprises focused on forming businesses, calling for investment capital but not registering for any IP protection rights. He said it comes as no surprise when he discovers cases where companies lost their IP assets in foreign countries when trading. He said cases concerning Phu Quoc fish sauce, Vinataba cigarettes or Buon Ma Thuot cafe were good examples of just some companies who have fallen foul of foreign IP regulations. Giang said: “Many business owners still don’t know about IP registration and they are not yet aware of the importance of protecting IPs when exporting their products. “While multinational enterprises in the world have invested a lot of … [Read more...] about Firms warned over intellectual property
Firms benefit from lending interest rate reductions and exemptions
“Right after the State Bank of Vietnam issued Circular No. 01, the banks decided to offer our company a grace and interest rate reductions. In particular, BIDV gave us a 1-percent reduction in the interest rate for our 500 billion VND loans until December 31, 2020. We really feel heart-warming for the support from the banks at the difficult time,” she said. … [Read more...] about Firms benefit from lending interest rate reductions and exemptions
Ministry of Information and Communication with new missions, new space
The portal is under the management of Vietnam Anti-Fake News Center (VAFC), a member of the Authority of Broadcasting and Electronic Information. The center will receive, detect, and assess the authenticity of reported news, then label it as fake news when needed and post the real version for comparison. The center will regularly update methods to identify and handle fake news as well. … [Read more...] about Ministry of Information and Communication with new missions, new space