Regarding monetary content, in a recent report by the United States Trade Representative (USTR) on the issue of undervalued currency in the framework of an investigation under Article 301 of the Commercial Act, the USTR did not mention or recommend the US Government to impose tariffs or use sanctions on Viet Nam's exported goods. … [Read more...] about Vietnamese car tyre exporters cleared in dumping determination
Vietnamese export products
The once-famous village in Hanoi where people got rich with embroidery products
The low income, plus the flooding of cross-stitched embroideries sourced from China, has discouraged local people to continue the career. Young people often leave the village for cities where they find jobs in companies. The number of embroiderers is now so modest that it ‘can be counted on one’s fingers’. … [Read more...] about The once-famous village in Hanoi where people got rich with embroidery products
BUSINESS NEWS JANUARY 19
The country’s rice export is likely to grow further in the first quarter of this year since the ongoing COVID-19 pandemic has led to increasing food demand in a number of Vietnam’s major markets in Southeast Asia and Africa which have placed more orders for Vietnamese rice, according to Nguyen Quynh Nga from the Vietnam Institute of Industrial and Trade Policy (VIOIT). … [Read more...] about BUSINESS NEWS JANUARY 19
PM welcomes Australian firms to Vietnam
With strong purchasing power, young population structure, strong Internet platform, preferential corporate tax policies of 15 per cent and a surge in FDI inflows with a total registered capital of $36 billion last year, Việt Nam is heading towards high-tech industrial agriculture and other supporting industries. … [Read more...] about PM welcomes Australian firms to Vietnam
Researchers warn of risks for Vietnam in 2021
According to CIEM, Vietnam’s macroeconomic performance in 2021 will be influenced by the world economy, which is still uncertain. The US is expected to continue to apply measures to restrain China’s economy, trade and technology, and may team up with some partner countries to implement measures. … [Read more...] about Researchers warn of risks for Vietnam in 2021