Difficulties forecast for year-end auto market The Vietnamese auto market was thriving earlier this year due to the initial success in the prevention and control of the Covid-19 pandemic, as well as discounts and stimulus programs. According to the Vietnam Automobile Manufacturers’ Association (VAMA), sales of automobiles increased by 62 percent month-on-month to more than 19,000 units in May, and 26 percent month-on-month to over 24,000 units in June. The July figure improved further thanks to 50 percent cut in registration fee. … [Read more...] about Vietnam auto market rolls out huge discounts
Agrarian to industrial economy
VIETNAM BUSINESS NEWS JANUARY 17
The Dong Nai Provincial People’s Committee on January 12 granted investment certificates to three new projects with a total registered capital of US$190 million, including US$100 million by Hansol Electronics Viet Nam Co., Ltd (RoK), specializing in assembling liquid-crystal display modules and electronic circuits, at Ho Nai Industrial Park in Trang Bom District, and US$60 million by Ojitex Viet Nam Co., Ltd (Japan), specializing manufacturing high-quality packaging, at Loc An-Binh Son Industrial Park in Long Thanh District. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 17
US won’t impose tariffs or sanctions on Việt Nam’s exports
According to the ministry, immediately after the report’s release, Myron Brilliant, executive vice president of the US Chamber of Commerce, announced the US business community welcomed the news that the Trump administration will not impose tariffs on goods from Việt Nam. … [Read more...] about US won’t impose tariffs or sanctions on Việt Nam’s exports
Best to keep the focus at home
The images made one wonder whether we were witnessing a revolution, the type US administrations often push around the world. We are used to seeing such things taking place elsewhere, but never, ever on US soil. This time, though, it happened right in Washington, DC. … [Read more...] about Best to keep the focus at home
HCMC encourages environment projects
A spokesman for the Department of Natural Resources and Environment said some 8,900 tonnes of solid wastes are collected daily in the city and treated at the Phước Hiệp waste treatment complex in Củ Chi District and Đa Phước Waste Treatment Complex in Bình Chánh District, with 69 per cent being buried and the rest burnt and recycled. … [Read more...] about HCMC encourages environment projects
