The European-Viet Nam Free Trade Agreement (EVFTA) is also expected to be approved by the 14th National Assembly in its ongoing ninth meeting. Under the agreement, tax imposed on exports from Viet Nam to EU will be eliminated as soon as EVFTA takes effect or shortly thereafter (maximum seven years). Thanks to the EVFTA, Viet Nam’s revenue from exports to the EU is forecast to surge by 44 per cent by 2030. … [Read more...] about Can Vietnam could take advantage of new foreign investment strategies?
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They included Politburo member, Vice Chairman of the Workers’ Party of Korea (WPK) Central Committee, and head of the WPK’s International Affairs Department Ri Su-yong; Politburo member, Vice Chairman of the WPK Central Committee, and head of the WPK’s Cadres’ Affairs Department Kim Pyong-hae; and Politburo member, Vice Chairman of the WPK Central Committee, and head of the WPK’s Economic Affairs Department O Su-yong. … [Read more...] about DPRK wants to cooperate with Viettel in telecommunication
The first six months of this year also saw various M&A deals, particularly an impressive deal of the largest commercial property company in Vietnam, VinGroup, which collected US$470 million from selling one of its commercial centres to its Vietnamese partner VIPD. … [Read more...] about M&A market boasts huge development potential
As a result, Vietnam’s stock markets and others in the world have witnessed a rapid recovery after a sharp decline in March. Besides the participation of new cash flow, there is an expectation that the economy will recover quickly after the epidemic is contained. There were times the government sets a target of 5% GDP growth for 2020 before adjusting the figure to 3-4%. … [Read more...] about Vietnam stock market predicted to be resilient amid Covid-19 resurgence
As the US-China relationship has become worse and the trade war escalated, there have been many discussions in the US and other countries on how to ease reliance on Chinese economy and the companies from China. Nikkei reported that the Japanese government would prop up 70 billion yen to Japanese enterprises in this campaign. Prior to that, it also provided grants of 243.5 billion last April to help Japanese enterprises ease the reliance on China. … [Read more...] about Strategies for new FDI trends in Vietnam