Government provides services

The Regional Comprehensive Economic Partnership could provide opportunities for local small and medium enterprises to move up the value chain with the simplification of procedures. Manufacturers in advanced countries such as Japan, China and South Korea may consider minimizing costs by outsourcing the final processing steps to less expensive ASEAN countries such as Vietnam to achieve cost benefits. … [Read more...] about Standard Chartered forecasts Vietnam’s 2021 GDP growth at 7.8%

At a medal parade ceremony held in Bentiu, South Sudan on January 22, Head of the United Nations Mission in South Sudan (UNMISS) Bentiu Field Office Hiroko Hirahara and Sector Unity Commander for UNMISS Major General Shamim Kamal presented the medals to all 63 members of the L2FH2. … [Read more...] about Vietnam’s field hospital in South Sudan honoured for outstanding contributions to UN peacekeeping

Covering more than 106,000ha, the Nghi Son Economic Zone has attracted many domestic and foreign projects, including the Nghi Son Thermo-electricity Plant and the Nghi Son Refinery and Petrochemical Complex, which was put into operation in December 2018 and had a total investment of more than 9.3 billion USD.  … [Read more...] about Thanh Hoa: a promising investment destination

According to the Ministry of Planning and Investment, since the fund was put into operation more than three years ago, it has helped SMEs enhance their operational effectiveness, increase profits, and create more jobs. Many firms have paid off loans early. … [Read more...] about Gov’t urged to develop legal framework for direct lending for SME development

Phnom Penh (VNA) – Cambodia’s Minister of Justice Koeut Rith has directed the formation of two committees to begin the process of establishing separate courts for commercial and labour disputes, Phnom Penh Post reported on January 25. According to two decision letters issued on January 21, the committees are comprised of 20 members from the justice ministry, the Supreme Council of Magistracy, government delegates, the heads of the Phnom Penh Municipal Court and Appeal Court, and some other relevant officials. To prepare for the establishment of the commercial and labour courts, these two committees’ members have been asked to prepare documentation and legal briefs to determine each court’s relationship to the lower courts and the higher courts, including the Appeal Court and Supreme Court. The committees also have to conduct a study to determine the appropriate locations for these courts as well as examine any necessary changes to trade procedures and … [Read more...] about Cambodia to have trade, labour courts by this year’s end