Samsung’s mobile phones and phone parts are getting more sophisticated and smaller, which change every six months. It is a challenge for Vietnamese enterprises to renovate production lines and technologies, which requires huge capital. “If Vietnamese vendors can provide products with quality, meeting requirements, and at stable reasonable prices, there won’t be a reason for Samsung to refuse to buy products from them,” he said. … [Read more...] about How do VN businesses join the global supply chain?
2921 31 obstructing official business
An FTA between Vietnam and Switzerland would also improve legal certainty for investors. International econometric studies find a positive effect of comprehensive FTAs on foreign direct investment (FDI) flows. Some studies also show that the closer the integration is between countries by means of, inter alia, FTAs, the less likely it is that a company will divest. … [Read more...] about In search of access to EFTA markets
On the road leading away from the tourist-packed ancient town of Hoi An in Quang Nam Province, an octogenarian produces neatly designed, Western-influenced business cards for anyone lucky enough to visit him, a habit from his previous profession — bridging the gap between Vietnam and the U.S. … [Read more...] about 25 years of Vietnam-US diplomatic relations – Part 2: A debonair ‘lock breaker’
It will also adopt policies to intensify cooperation with major countries’ oil and gas companies in exploration and exploitation in Viet Nam’s waters and on its continental shelf in order to serve economic development and the protection of national sovereignty at sea. … [Read more...] about PVN to boost development of new and renewable energies in 2020-25 period
An individual looks at an electronic board displaying stock information. Bluechip stocks were the top contributors to the local stock market’s growth today, August 13 – PHOTO: TNO HCMC – Bluechip stocks hogged the limelight and were the top contributors to the local stock market’s growth today, August 13, with the VN-Index on the southern bourse beating the level of 850 points, which was established before the second coronavirus wave hit Vietnam in late July. … [Read more...] about Bluechips shine bright, propping up stock market