Brazil begins AD sunset review on Vietnam’s rubber tyres for bicycles A rubber tyre for bycicles (Illustrative photo: Ministry of Industry and Trade) The Department of Commercial Defence (Decom) under Brazil’s Ministry of Industry, Foreign Trade and Services has initiated a sunset review of the anti-dumping duty order on new rubber tyres for bicycles classified under NCM 4011.50.00 from Vietnam, India, and China. Decom initiated anti-dumping duties against the product in December 2014, with duties imposed on Vietnam’s rubber bicycle tyres standing at 0.59-2.8 USD per kg. The department required exporters of relevant countries to respond to questionnaires indicating the information necessary to the investigation on Decom’s portal decomdigital.mdic.gov.br. They shall have a 30-day deadline for response, counting from the date of notification. The deadline can be extended up to 30 days based on request of relevant sides, the Brazilian authority added. … [Read more...] about BUSINESS NEWS IN BRIEF 14/3
Refinance 100 percent of home value
BUSINESS NEWS IN BRIEF 16/1
Domestic market of gift baskets for Tet Holiday bustling The domestic market of gift baskets for Tet Holiday (the Lunar New Year) is bustling with activities as demand for gifts has increased. Supermarkets and shops are being busy with offering the finest quality merchandise for gift baskets to satisfy all tastes. Co.opmart, Big C, Vinmart, Lotte Mart, Mega Market have been displaying various kinds of gift baskets so that customers can choose it easily. Retailers predict that purchase power will increase by 20 percent compared to the same period last year and gift baskets from VND500,000 ($21.5) to VND1 million are expected very popular. Saigon Co.op, which operates the Co.opmart supermarket chain, announced this year, its supermarket chain including Co.opmart, Co.opXtra, Co.op Food are exhibiting gift baskets containing goods with clear origin and high quality. Moreover, customers can enjoy free delivery if they do online shopping of 38 baskets with fix price. The Saigon Co.op also … [Read more...] about BUSINESS NEWS IN BRIEF 16/1
Government News 27/7
NA Vice Chairman wraps up US visit NA Vice Chairman Do Ba Ty (R) meets US friends who have supported Vietnam in its past struggle for national liberation and current nation building cause The Vietnamese National Assembly (NA) will continue providing support for Vietnam’s overseas representative offices, affirmed NA Vice Chairman Do Ba Ty while talking to Vietnamese officials who are working in New York. Ty asked Vietnamese representative offices to update and study the host country’s commercial policies to submit appropriate response to the legislature. He met officials of the Vietnamese permanent mission to the United Nations and Vietnam’s representative offices, as well as correspondents of Vietnam News Agency and Vietnam Television in New York during his working visit to the city from July 26-27. Meeting several US friends, Ty recalled important milestones in the relations between Vietnam and the US. US friends, in turn, made proposals helping Vietnam carry … [Read more...] about Government News 27/7
Government News 16/4
Vietnam, Pakistan hold second political consultation Vietnamese Deputy Minister of Foreign Affairs Dang Dinh Quy co-chairs the 2nd Vietnam-Pakistan political consultation in Islamabad capital on April 13. Vietnam and Pakistan held their second political consultation in Islamabad capital of the Muslim country on April 13, during which they lauded their close collaboration and were unanimous to support each other at regional and international forums. At the meeting, co-chaired by Vietnamese Deputy Minister of Foreign Affairs Dang Dinh Quy and his Pakistani counterpart Tehmina Janjua, the two sides reached consensus that the foreign ministries should uphold their core role in promoting bilateral cooperation in various fields. They highlighted the importance of high-level meetings and people-to-people exchanges while agreeing to accelerate the meeting of the inter-governmental committee on economic, cultural and sci-technological cooperation in 2018. As part of the efforts to enhance … [Read more...] about Government News 16/4
Vietnam’s sugarcane industry licks lips over Coca Cola-VSSA deal
At the signing ceremony. (Photo: VNA) Hanoi (VNA) – The Vietnamese sugarcane industry’s capacity will be improved after the Vietnam Sugar Association (VSSA) and Coca-Cola Beverages Vietnam Co., Ltd inked a cooperation deal on April 11. VSSA Chairman Pham Quoc Doanh said that under the agreement, 100 percent of the beverage giant’s sugar materials will be purchased domestically. In addition, the company will develop some sugarcane plantation areas so that female farmers can increase their incomes. Training is included in the cooperation deal as well, Doanh noted. In the past years, Coca-Cola has accompanied Vietnam’s sugarcane industry in production, business and consumption, making significant contributions to the sector’s development, he said, adding that many sugarcane companies of Vietnam have inked contracts with the beverage firm. According to Calin Dragan, Coca-Cola Regional Director, Bottling Investments Group ASEAN and Middle East, Coca-Cola … [Read more...] about Vietnam’s sugarcane industry licks lips over Coca Cola-VSSA deal