CPV- UN Development Programme research into Vietnam's 200 largest firms that it announced in Hanoi on October 1, 2007 reveals that Vietnamese companies are dynamic and ambitious but need more help from the government to access export markets, acquire new technologies and train workers. "Large firms have played an important role in the development of newly industrialised countries like Japan, South Korea and Thailand," said UNDP Country Director Setsuko Yamazaki. "As this study shows, this is no less true in Vietnam. Big companies have had a major impact on the economy and can pioneer the development of technologies, products, and increase the need for infrastructure, capital and a skilled workforce. But they will need support to compete as the economy opens up." Research began on the "Top 200: Industrial Strategies of Vietnam's Largest Firms" last year. Using data from the General Statistics Office Enterprise Survey, the top 200 companies (state, private, foreign) in the country were … [Read more...] about Vietnam’s largest firms play a key role in the economy but need help with skills and markets to remain competitive
Vietnam tobacco import export company
Vietnam: Potential Investment Destination of UK Businesses
"Businesses from the UK consider Vietnam a potential investment destination with market of high growth, large population of young, dynamic and hard working people and strategic geographical location in Asia." This is the opinion of Lord Puttnam, Trade Envoy of the UK's Prime Minister in charge of representation to Vietnam at the UK - Vietnam Business forum. The forum was held by the Vietnam Chamber of Commerce and Industry (VCCI) in collaboration with the British Embassy in Vietnam, London Chamber of Commerce and Industry (LCCI), and Harvey Nash Group on the occasion of, the 40th anniversary of diplomatic relations between Vietnam and the UK. The main purpose of this forum is to create opportunities for enterprises of Vietnam and the UK to meet directly, make proposals for business cooperation and investment, thus make plans to cooperate effectively and successfully. Companies from the UK participating in the forum operate in the fields of financial solutions, information technology, … [Read more...] about Vietnam: Potential Investment Destination of UK Businesses
Vietnam is Brazil’s vital trade partner
(VEN) - Counsellor Trade Affairs of Brazilian Embassy in Vietnam Mauricio Medeiros De Assis said, "Vietnam is a vital trade partner for Brazil" in an interview with reporter Hung Cuong on the occasion of National Day of Brazil (September 7, 1822-September 7, 2013). To better understand trade exchange between Vietnam and Brazil, we must have in mind the strong friendship that the two nations have developed in the past few years. Despite the geographical distance and cultural differences, our countries have lots in common, especially regarding to socioeconomic development. In the last decade, millions of families were lifted out of poverty as a result of social inclusion policies adopted by the two governments. This unprecedented progress has created huge market opportunities to both Brazilian and Vietnamese companies. The bilateral trade turnover is increasing at a fast pace. Last year, Brazil exported US$822 million to Vietnam and imported US$817 million, reaching a total trade … [Read more...] about Vietnam is Brazil’s vital trade partner
Vietnam gains big from free trade, report says
Vietnam makes short-term gains in regional trade deals and braces for the other shoe to fall … [Read more...] about Vietnam gains big from free trade, report says
What Vietnam has committed
The package of Vietnam's accession documents consists of: Vietnam's commitments on goods — the 560-page list for "schedule") of tariffs, quotas and ceilings on agricultural subsidies, and in some cases the timetable for phasing in the cuts download Vietnam's commitments on services — the 60-page document (also a "schedule") describing in which services it is giving access to foreign service providers and any additional conditions, including limits on foreign ownership download The working party's 260-page report — describing Vietnam's legal and institutional set up for trade, along with commitments it has made in many of these areas download These are some highlights: For the majority of agricultural and non-agricultural goods, Vietnam is promising ceilings (or "bound" rates) on duties ranging between zero and 35%. Some of these involve reductions phased over periods up to 2014, the precise end date varying from product to product. Among products with … [Read more...] about What Vietnam has committed