New trade deal

Hanoi (VNA) – The Vietnamese Ministry of Industry and Trade is actively implementing a lot of supporting industry development programmes, given the great importance of supporting industries. Thanks to these programmes, Vietnamese businesses have been facilitated to apply modern quality management standards and systems, increase the quality of their products, and gradually participate in global supply chains. However, deputy head of the Science Institute on Small-and-Medium Enterprises Management (SISME) Nguyen Kim Hung said that businesses are facing difficulties in approaching credit, due to specific characteristics of supporting industrial production as well as the low starting point of small- and medium-sized enterprises. In this context, Chairman of the Vietnam Chamber of Commerce and Industry Vu Tien Loc stressed the need for mechanisms and policies to develop supporting industries, strengthen connectivity, take advantage of new markets, and expand supply channels and … [Read more...] about Vietnam’s supporting industries receive push to develop further

Singapore-based The Straits Times said the nine-day event with the participation of nearly 1,600 delegates will select new leaders and shape policy for the next five years and beyond. It also highlighted Vietnam’s success in containing COVID-19, that has helped its economy outstrip much of Asia in the past year, and further noted that Vietnam is already eyeing average annual gross domestic product growth of 7 percent over the next five years. … [Read more...] about VIETNAM NEWS JANUARY 26

However, being composed of changing laws and being a prolific global manufacturing hub, Vietnam has faced a challenging arena for IP rights enforcement. Every organisation is attempting to build their own brand reputation with an aim to create a unique identity not to confuse with other brands. However, it is difficult for all businesses to create a sustainable strong brand and position it powerfully in the customers’ minds as it requires a commitment of serious investment in method and money. … [Read more...] about International integration through strong intellectual property rights protection