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
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Local businesses slow in preparing to enjoy preferential tariffs in EVFTA
Trương Văn Cẩm, deputy chairman of the Việt Nam Textile and Apparel Association, said the association continues to request the Ministry of Industry and Trade to complete the Textile and Apparel Development Plan until 2035, which must clarify requirements for the construction of concentrated industrial parks for textiles and clothing, including waste water treatment. … [Read more...] about Local businesses slow in preparing to enjoy preferential tariffs in EVFTA
Sao Mai Group reports outstanding business performance in Q2
According to ASM, its after-tax profit surged in the second quarter as it earned VND139.1 billion in revenue from solar power, which had yet to help the company generate revenue in the second quarter of last year. In addition, its financial revenue surged 154.6%, or VND33.7 billion. … [Read more...] about Sao Mai Group reports outstanding business performance in Q2
Vietnam prepares to receive investors from Japan, the US, EU
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
VN Civil Aviation Authority’s plans for new Quang Tri Airport face opposition
Quang Tri Airport, covering an area of 594 hectares, would serve passenger and cargo transportation for both civil and military uses. The project is estimated to cost VND8.014 trillion and the capital would be sourced from the state budget, businesses and investors under the PPP mode. He believes that people will not travel by air if they want to go from Phu Bai to Dong Ha in Quang Tri, because the highway there is very good. It would better if local authorities paid attention to developing roads and railways to connect Quang Tri and Phu Bai Airport. … [Read more...] about VN Civil Aviation Authority’s plans for new Quang Tri Airport face opposition
