Taking full advantage Hai said that restructuring will be one of the key solutions to develop and expand Vietnam’s exports in the near future. Accordingly, businesses will need to diversify their markets to avoid “putting their eggs in one basket” and the use of non-tariff barriers of the target countries, such as technical barriers and anti-dumping rules. … [Read more...] about 2020 targets roused by robust exports
Chinas trade barriers
Firms urged to be cautious when exporting to Myanmar
Under Myanmar's regulations, if imported goods arrive at the country’s ports and fail to clear customs within 60 days, these goods would be auctioned or confiscated. Therefore, Vietnamese enterprises need to be careful when exporting to Myanmar to avoid business losses, the office warned. … [Read more...] about Firms urged to be cautious when exporting to Myanmar
Bright 2020 prospects for foreign investment in Vietnam
FDI disbursement is forecast to grow 7-8 percent in 2020 and account for 22-23 percent of total investment in development. FDI from the Republic of Korea, Singapore, Japan and other Asian countries is predicted to continue increasing. Investment from the US, Germany, France, the UK and some other European countries in the fields of modern technology, education and training, research and development is also forecast to flow to Vietnam through large-scale projects. … [Read more...] about Bright 2020 prospects for foreign investment in Vietnam
Vietnam, Romania seek to bolster economic ties
The AFPICE representative expressed his desire that once the EU-Vietnam Free Trade Agreement takes effect, it will serve as a broader legal economic corridor to bolster economic co-operation as the trade pact is expected to raise overall trade turnover and investment between the two nations to an all-time high. … [Read more...] about Vietnam, Romania seek to bolster economic ties
It’s a no-grainer: Time for Vietnam to create a rice brand
“We have exported jasmine and japonica rice to high-end markets at rather high prices. ST24 and ST25 have met the requirements of demanding markets. Yet we have limitations in exporting premium rice to fastidious markets. Official agencies and businesses need to identify and address them. … [Read more...] about It’s a no-grainer: Time for Vietnam to create a rice brand
