In early August this year, the EU-Vietnam Free Trade Agreement (EVFTA) officially took effect. This is a door that opens up many opportunities for Vietnamese enterprises to export to the EU market. Accordingly, Vietnam's rice products will be exempt from export tariffs to the EU, of which, 80,000 tons of rice will enjoy tax incentives. In the Mekong Delta, Trung An Company in Can Tho City is one of the exporters in the fragrant and high-quality rice segment to fastidious markets. The EVFTA is a rare opportunity for Vietnamese rice exporters. In the past many years, the company has associated with farmers to cultivate around 7,000 hectares of rice or around 150,000 tons of rice under safe procedures, meeting choosy markets, said Mr. Pham Thai Binh, Director of Trung An Company. This year, the company will strive to reach an export of 80,000 tons of high-quality fragrant rice. The current export price of fragrant rice of Trung An is the dream of many enterprises when reaching an … [Read more...] about Opportunities for Vietnamese rice
About striving to reduce labor costs per pair
Developing sustainable agriculture is not new in Vietnam. In 2013, the government released Decision 899, approving a plan on restructuring agriculture which strives for added value and sustainable development. Developing sustainable agriculture is not new in Vietnam. In 2013, the government released Decision 899, approving a plan on restructuring agriculture which strives for added value and sustainable development. … [Read more...] about Has Vietnam’s sustainable agriculture developed well?
Hải Phòng City has been told to reduce fees for using infrastructure, service facilities and public utilities at its ports. — Photo mt.gov.vnViet Nam News Lê Văn Thành, secretary of Hải Phòng municipal Party Committee and chairman of the municipal People’s Council, said at a working session with the Prime Minister’s Working Group on Tuesday that adjustments in seaport charge rates would be up for approval at the municipal People’s Council meeting in December. … [Read more...] about Hải Phòng plans to slash freight fees
Don Lam, co-founder and CEO of investment fund VinaCapital, said the COVID-19 crisis exposed serious weaknesses in many supply chains around the world, and the WTO predicts that the pandemic to cause a 30 per cent fall in global FDI flows. The world has in fact been slowly de-globalising since the financial crisis of 2008, he said. … [Read more...] about Việt Nam expects imminent new wave of foreign investment
The ministry will closely monitor the country’s real estate market and provide regular updates on the market and work hand in hand with the Ministry of Finance to fine-tune real estate-related financial and tax policies. It will also partner with the State Bank of Vietnam to tighten stricter controls on credit services. It plans to join hands with relevant ministries and agencies to deal with challenges in State budget allocation for the key housing programmes. The Ministry will work more on stabilizing prices of construction materials and fuel the development and production cutting-edge building materials that help reduce costs of construction. This year, a score of proper measures will be taken to spur the development of the affordable housing in urban areas and low-cost housing for workers at industrial parks and undertake affordable housing projects. … [Read more...] about Housing sector targets this year’s growth of beyond 8%