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General Secretary of the Vietnam Association of Seafood Exporters and Processors (VASEP) Truong Dinh Hoe said RCEP integrates certain FTAs ASEAN had signed. Therefore, once put into place, the trade deal will allow businesses to use a common certificate of origin (CO) instead of the current single certificate for each market.  … [Read more...] about RCEP: local enterprises stepping firmly forward

Before the forum, SGX invited Ambassador Huong to beat the gong to open the trading session that marked the exchange’s 20th anniversary. She said the listing on the region’s leading stock markets like Singapore will help companies swiftly carry out M&As thanks to the intensive connectivity among global investors, banks and businesses in those markets. … [Read more...] about Vietnamese firms connect with potential partners at Singapore forum

Nguyen Trong Hieu, deputy head of the Institute of Business Studies and Development, said though the fund could not lend to more than 5 percent of the total number of SMEs in the country, it is still a major step in supporting startups, which are struggling to access bank credit. … [Read more...] about Banks out of loop, government fund to lend directly to startups

Despite this, ROS closed at VND3,500, far below its VND12,600 IPO in 2016 and a high of VND178,000 in late 2017. The ticker has been plummeting since early 2018 as a result of increasingly poor business performance, and is now the smallest capped ticker on the VN30. … [Read more...] about VN-Index sees biggest foreign net sell in eight months

Tourism has become a spearhead economic sector. Dozens of large-scale tourism projects have been carried out, with an array of high-end resorts serving both domestic and international visitors. The Bai Truong tourism complex is being formed, giving the Phu Quoc urban area a facelift. … [Read more...] about Phu Quoc island city draws $16.5 billion in investment