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?
Massachusetts office of international trade and investment
If there is more trade from the EU to Vietnam, it is likely that the EVFTA will trigger a new wave of FDI from the EU into this country. Investments from the EU are of top quality. European FDI comes with high standards of corporate social responsibility for protecting and training workers and employees, as well as for respecting and protecting the environment. These spillover effects are essential for economies like Vietnam to avoid the middle-income trap. It allows Vietnam to promote economic growth, create better jobs at the same time while ensuring sustainable development. … [Read more...] about How the EVFTA and EVIPA will help Vietnam lure investment
Deputy Minister of Industry and Trade Hoang Quoc Vuong said that Vietnam had a fast speed of development of rooftop solar power system and partly met the demand for electricity consumption. However, new investment projects are facing many difficulties and problems in fact. According to the Ministry of Industry and Trade's policy, new projects are allowed to connect with the system in areas with possibly releasing capacity. The ministry will continue creating favorable investment conditions for projects following the Decision No. 13/2020/QĐ-TTg of the Prime Minister. … [Read more...] about Vietnam has 42,187 rooftop solar power projects
TAIPEI -- U.S. Secretary of Health and Human Services Alex Azar arrived in Taiwan on Sunday as the highest-level U.S. official to visit in four decades, a trip condemned by China which claims the island as its own, further irritating Sino-U.S. relations. … [Read more...] about U.S. health chief arrives in Taiwan on trip condemned by China
Currently, the airline operates 13 domestic routes from Bangkok to Chiang Mai, Chiang Rai, Phuket, Krabi, Udon Thani, Hat Yai, Khon Kaen, Nakhon Si Thammarat, Ubon Ratchathani, Surat Thani plus direct flights from Chiang Rai to Phuket, Udon Thani, and Hat Yai. … [Read more...] about Thai Vietjet commences 10th domestic service in Thailand, linking Bangkok and Nakhon Si Thammarat