Due to the relative weakness of the currency, the German domestic industry could be temptednot to strive so hard. With its former currency, the Deutsche Mark, the situation was different. To be able to sell its high-priced goods at all, German products needed to be of unique quality. In the recent years of the Euro, the relatively cheap labour combined with still high productivity attracted many investors to Germany. … [Read more...] about More than a pandemia – Difficulties for the EU and its impact on Vietnam
Eu vietnam energy facility
With a trade surplus of US$5.5 billion in the first half of the year, exceeding the estimate of the General Statistics Office at US$4 billion, there is possibility that the country’s 2020 trade surplus could surpass the record figure of US$11.12 billion in 2019, according to Viet Dragon Securities Company (VDSC). … [Read more...] about Vietnam trade surplus on track to beat 2019’s all-time high
Talking about business prospects in Vietnam, Vu Tu Thanh, USABC’s Deputy Regional Managing Director & Representative, said US businesses are seeking Vietnamese partners in the fields of technology, manufacturing, retail, consumer goods, medical equipment, electricity and supporting industries. … [Read more...] about Will US investors head for Vietnam after leaving China?
The signing of the EVFTA is expected to provide lots of opportunities for Vietnam’s tuna industry to expand and gain greater access to wider markets. Under the agreement, Vietnamese tuna will have tax advantages compared to other countries such as Thailand and China,Vietnam’s major competitors in terms of the export of tuna to the EU. … [Read more...] about EU to remove tax on 11,500 tonnes of Vietnamese canned tuna
The company reported to the Stock Exchange of Thailand that it entered into a share purchase agreement with Dien Xanh Gia Lai Investment Energy JSC (DGI), the developer and operator of the two onshore wind farm projects, each with a capacity of 50MW. … [Read more...] about Thai investors set sights on Vietnam’s renewable sector