Streamlining regulations applicable to business sectors has a huge potential for triggering these dynamic gains. In many internal studies in the EU, it turned out that the right regulations, based on international standards and practices, will provide benefits to business, and attract international businesses that bring much higher benefits than the obvious gains from the tariff reductions. It is not about deregulating important government policies, but there are many ways to make regulations smarter. Better regulation inside Vietnam will also improve the competiveness of Vietnamese firms operating abroad and expanding to the EU. FDI often follows strong trade relations. In return, more FDI is likely to further increase the trade potential between partners. In its amazing progress to a middle-income country, Vietnam now realises that without further FDI its potential to become a regional hub and become part of global value chains may be limited. With the EVFTA and the EVIPA, … [Read more...] about How the EVFTA and EVIPA will help Vietnam lure investment
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Last but not least, that Viet Nam has been hailed as one of the countries most successful in controlling the COVID-19 outbreak at low cost, as well as its assistance and provision of medical equipment and face masks to other countries in their fight against the pandemic have helped raise investors’ confidence. This is a good opportunity for Viet Nam to attract investment and recover the economy, creating momentum for long-term and sustainable development. … [Read more...] about Can Vietnam could take advantage of new foreign investment strategies?
The EVFTA opens the door to Vietnam’s agriculture and fisheries products. Vinamex, an import and export company in Belgium, has a solid reputation in this rather difficult market, especially in regard to rice and cashew nuts. Its warehouse in Brussels regularly houses agricultural products imported from Vietnam. … [Read more...] about Vietnamese agricultural products given opportunity to enter Europe
The test kit was jointly researched and produced by the Vietnam Military Medical University and Viet A Technology Joint Stock Company. It was recognized by the World Health Organization (WHO) on April 26 and granted a CE certification and a Certificate of Free Sale from the UK, allowing them to be sold in the European market. … [Read more...] about Latest Coronavirus News in Vietnam & Southeast Asia August 9
Miss Vietnam 2016 Do My Linh and Miss World Vietnam 2019 Luong Thuy Linh sent 50 million VND (2,100 USD) and 20 million VND, respectively, to the concert. They raised more than 247 million VND from individuals and organisations. All of the proceeds will be sent to the Da Nang Department of Labour, Invalids and Social Affairs and the Vietnam Fatherland Front Central Committee in Da Nang. … [Read more...] about Online concert to raise funds for doctors in COVID-19 fight