The production of electrical equipment at Nidec Tosok Company in Tan Thuan Export Processing Zone in Ho Chi Minh City. (Photo: SGGP)

FDI capital flow heads to Vietnam

The Japanese Government has just announced a list of 30 Japanese enterprises receiving support packages when relocating their investments to Vietnam. Most of them are enterprises operating in the field of manufacturing, processing, and medical equipment. Of which, there are large-scale enterprises, such as Hoya Group, Matsuoka Group, Meiko Co., Ltd., and Nikkiso Co., Ltd.
Workers are making clothes for export at a company in Ho Chi Minh City. (Photo: SGGP)

Difficulties need to be resolved for enterprises to export to EU smoothly

In the past six months, due to the impacts of the Covid-19 pandemic, export turnover of many key commodities has declined, and enterprises have encountered several difficulties. Ministries and provinces have implemented many solutions to find out the market for products, especially, they have adopted the application of electronic transactions into operation to reduce the risk of interrupting commercial transactions for enterprises.
Ready-made garment production for domestic consumption and export in Ho Chi Minh City. (Photo: SGGP)

Textile industry ready for EVFTA’s effectiveness

Europe is a market of 500 million people, with great potential for development, but Vietnam's annual textile and apparel export turnover to this market is merely over US$8 billion. In just over 10 days, the Vietnam - EU Free Trade Agreement (EVFTA) will officially take effect, whether textile and apparel enterprises can take advantage of this great opportunity?
Foreign capital continues pouring into Vietnam

Foreign capital continues pouring into Vietnam

In the first two months of this year, the electricity, electrical refrigeration, processing, and manufacturing industries continued leading in the foreign direct investment (FDI) capital attraction into Vietnam. According to experts, this comes from the advantage that the country has successfully signed the EU-Vietnam Free Trade Agreement.
Free trade agreements create big opportunities for agriculture sector

Free trade agreements create big opportunities for agriculture sector

The Ministry of Agriculture and Rural Development, the Ministry of Industry and Trade and Vietnam Chamber of Commerce and Industry co- organized a conference “Opportunities and challenges for Vietnamese agriculture sector when participating in free trade agreements (FTA)” in capital city of Hanoi yesterday. 
A wood processing plant (Photo: SGGP)

Businesses lose FTA incentives for being short of material preparation

Vietnam has signed 16 free trade agreements (FTAs), of these 10 have taken effect with many tax incentives creating chances for businesses to broaden goods consumption market. However the ratio of businesses getting the best out of FTAs has been low because they have not well prepared materials to meet origin requirements.

The finance ministry has announced 10 draft decrees that will guide implementation of as many free trade agreements (FTAs), drawing a roadmap to zero per cent import tariffs for many goods. (Photo: baotintuc.vn)

Ten new decrees to guide FTA tariff cuts

The finance ministry has announced 10 draft decrees that will guide implementation of as many free trade agreements (FTAs), drawing a roadmap to zero per cent import tariffs for many goods.