“The government has asked the Commission for the Management of State Capital at Enterprises (CMSEC) to work with Vietnam Airlines on the completion and submission of necessary procedures to the highest Vietnamese authorities (the National Assembly/Politburo) in order to decide the supporting policies, with the additional loan of VND4 trillion ($173.9 million) from the state and an increase of equity by VND8 trillion ($347.8 million) being the key solution,” Pham Ngoc Minh, former chairman of Vietnam Airlines, said. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES AUGUST 24
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Ministry to build traceability system for products of industry and trade sector
Hanoi (VNS/VNA) - The Ministry of Industry and Trade will build an origin tracing system to create a database on goods managed by the ministry to meet customers’ increasing demand on tracing origin of goods. This system will also connect with the national goods tracing system, according to the ministry. In addition, to contribute to the development of a sustainable value chain and to improve the quality of products, the ministry has issued Decision 1978/QD-BCT on a project implementing, applying and managing the tracing system of goods until 2025. According to the decision, the ministry will complete the system of legal documents on tracing products in the industry and trade sector and propose a list of products that must ensure traceability. The ministry will study the application of new technologies for traceability and support businesses in implementing traceability. It will also have an information programme on tracing origin of goods … [Read more...] about Ministry to build traceability system for products of industry and trade sector
VIETNAM’S BUSINESS NEWS HEADLINES AUGUST 16
In the report titled "The Impacts of the EVFTA: Effectuation on Korean companies and Implications" issued on August 5, the Institute for International Trade of the Korea International Trade Association anticipated that Vietnam would take on a greater role and status in the global value chain with the EVFTA going into effect in August, following the entry into force of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in January 2019. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES AUGUST 16
