VietNamNet Bridge - Vietnam has become an important production base where valuable industrial products such as mobile phones and tablets are made. However, Vietnamese enterprises still cannot find positions in global supply chains. Vietnam has become an important production base of the world In 2017, Vietnam’s phone and phone accessories exports brought $45.27 billion, an increase of 32 percent, while computer, electronics and electronic parts brought $25.94 billion, an increase of 36.9 percent compared with 2016. Vietnam is now a big motorbike manufacturer with 3.2-3.5 million products churned out every year. Eighty percent of motorbike parts are made domestically, but mostly by FIEs, while Vietnamese enterprises can only make simple items such as batteries and plastic accessories. Vietnam is now a big motorbike manufacturer with 3.2-3.5 million products churned out every year. Eighty percent of motorbike parts are made domestically, but mostly by FIEs, while … [Read more...] about Vietnamese enterprises struggle to enter global supply chains
Vietnamese enterprises
Japanese firm launches ChatWork app for Vietnamese enterprises
Japanese firm launches ChatWork app for Vietnamese enterprisesBy Tam An Le Ngoc Luan, on behalf of a law firm, directs questions to ChatWork representatives - PHOTO: TAM AN HCMC - Japan-based ChatWork Company, Ltd., on June 12 launched the ChatWork app, which boasts myriad features including text messaging regardless of internet connectivity, phone calls, video calls, and file sharing for all file formats. The app targets Vietnamese firms, facilitating their management and operation. ChatWork’s high security standards helps people connect with each other within corporate environments, among departments, and they can even interact or work with their partners and clients outside the firm, resulting in a productivity increase and cost savings. According to Duong Hoang Anh Nguyen, vice chairman for market development, many Japanese companies have used the ChatWork app over the years, with the number of users reaching some 45,000 people. ChatWork wants to introduce the app to … [Read more...] about Japanese firm launches ChatWork app for Vietnamese enterprises
Vietnamese enterprises in Japan seek to strengthen linkages
Việt Nam-Japan relations are developing strongly, creating space for Vietnamese enterprises to integrate more deeply into the Japanese market. — VNA/VNS PhotoViet Nam News TOKYO — The Vietnamese Business Association in Japan convened its congress for the second tenure (2018-20) on May 6, seeking ways to better connect Vietnamese businesses. Speaking at the event, president of the association in the first tenure, Đinh Ngọc Hải, said after five years of formation and development, the association had gained initial achievements, contributing to connecting the two countries’ enterprises, particularly those from Japan and Việt Nam’s Cần Thơ City and Cà Mau provinces. However, Vietnamese ambassador to Japan Nguyễn Quốc Cường said the connectivity between Vietnamese enterprises was not strong enough. He hoped the second-tenure executive board would take more specific and practical measures to … [Read more...] about Vietnamese enterprises in Japan seek to strengthen linkages
Vietnamese enterprises in Japan strengthen linkages
Speaking at the event, President of the association in the first tenure Dinh Ngoc Hai said that, after five years of formation and development, the association has gained initial achievements, contributing to connecting the two countries’ enterprises, particularly those from Japan and Vietnam’s Can Tho city and Ca Mau province. New executive board of the Vietnamese Business Association in Japan. Source: VOV However, Vietnamese Ambassador to Japan Nguyen Quoc Cuong stated that the connectivity between Vietnamese enterprises remains loose. Therefore, he expressed his hope that the second-tenure executive board will take more specific and practical measures to better connect Vietnamese enterprises in Japan and Vietnamese enterprises and Japanese partners. Vietnam-Japan relations are developing strongly, creating more space for Vietnamese enterprises to integrate more deeply into the Japanese market, Cuong added. At the congress, a new executive board of the … [Read more...] about Vietnamese enterprises in Japan strengthen linkages
Trade with Japan Vietnamese enterprises enjoy double advantage
(VEN) - Vietnamese businesses have not taken full advantage of the many benefits provided by trade agreements with Japan, especially in terms of tariff preferences, according to participants at a recent seminar in Ho Chi Minh City. The seminar, sponsored by the Ministry of Industry and Trade, focused on Japanese market information and related import regulations. The Japan-Vietnam Economic Partnership Agreement (JVEPA) and the ASEAN-Japan Comprehensive Economic Partnership Agreement (AJCEP) were both designed to boost business between the two countries. Under VJEPA, in force since October 1, 2009, Vietnam will abolish 90.64 percent of tariff lines by 2026, and Japan will abolish almost 94.53 percent of its tariff lines within 10 years. Japan has committed to reduce its average tax on industrial products – a major Vietnamese import – to 0.4 percent by 2019. Meanwhile, Vietnam’s textile and garment exports to Japan have benefitted from a zero (0) percent tax … [Read more...] about Trade with Japan Vietnamese enterprises enjoy double advantage