Economy
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Thua Thien-Hue wants to become central region’s garment hub
According to Thua Thien-Hue province’s authorities, the central province is planning to to become one of the central region’s garment hubs in the next five years.
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Vietnam, Cuba propose remove 90 percent of the tax lines
According to Ministry of Industry and Trade (MoIT), Vietnam and Cuba ended second negotiation round on a new trade deal with significant progress.
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Abbott completely acquires Glomed
Abbott has announced that it had acquired Glomed Pharmaceutical Company Inc (Glomed), a leading Vietnamese drug manufacturer.
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Japan’s Miyagi prefecture want to export seafood to Vietnam
Since the incident in the Fukushima nuclear power plant No.1 in 2011, enterprises in Miyagi have met with difficulties in exporting seafood to other countries.
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The State removes export tariff on environmental-friendly products
According to the Circular 128/2016/TT-BTC dated on August 9, 2016, the environmental-friendly products will be exempt from export tariff.The Circular will come into effect from September 23, 2016.
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Vietnam’s industrial production index increased by 6.9 percent
According to the General Statistics Office (GSO), in the January-August period, Vietnam’s industrial production index (IPI) increased by 6.9 percent.
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Hoa Sen Group is to build 10.6 billion USD steel plant in Ninh Thuan
Hoa Sen Group has announced a plan of building a steel factory with a total investment of 10.6 billion USD in the south-central province of Ninh Thuan.
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German firm builds wind power plant in Ninh Thuan
Germany’s EAB Company started building a 37MW wind power plant with total investment of 57 million USD in the south central province of Ninh Thuan on August 30.
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Vietnam’s total retail value of goods and services increased by 9.3 percent in August
The General Statistics Office (GSO) reported that the total national retail value of goods and services in August reached nearly 292.8 trillion VND (13 billion USD),
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Granting GI of Ngoc Linh for ginseng of Quang Nam and Kon Tum
Quang Nam province’s authorities in collaboration with the ministry of science and technology and the Intellectual Property Agency of Vietnam announced the Geographical Indication (GI) of Ngoc Linh fo
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Japanese firms look for Vietnamese partners in seafood and food industries
Two business matching conferences will be held in Hanoi on August 30 and in Ho Chi Minh City on September 1 to help Japanese firms find Vietnamese partner in seafood and food industries.
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RoK’s exports to Vietnam increase 10.1 percent
According to the Korea International Trade Association (KITA), the Republic of Korea (RoK)’s export revenues hit 18.02 billion USD between January and July, a year-on-year increase of 10.1 percent.
