Despite the effects of the COVID-19 pandemic, the Vietnamese e-commerce market is still booming. Therefore, the amendment and supplementation of Decree 52/2013/ND-CP on e-commerce to better manage the activity, considered "the future of the retail market", is extremely necessary. … [Read more...] about Draft amendments to e-commerce activities law discussed
Global emerging market fund
Hanoi envisages to become international trade hub
The municipal Department of Industry and Trade plans to lure more investments, and outline support measures and programmes to encourage businesses to land investment in modern distribution and sales systems such as shopping malls and supermarkets. It is striving to develop five regional-level wholesale centres, ten regional-level shopping malls, 12 logistics centres, 68 trade centres, 850 supermarkets and 140 markets. Besides, Hanoi, which houses to 6,000 information technology firms and two IT parks, has taken lead in the country in terms of ICT revenue. Furthermore, the capital city has witnessed the sound development of infrastructure at industrial zones, with 17 high-tech industrial parks, 70 industrial clusters with stable operation, and 43 newly-established industrial clusters. Handicraft industry has been encouraged and received support, with 1,350 craft villages which attract tens of thousands of labourers. According to Deputy Director of the municipal Department of … [Read more...] about Hanoi envisages to become international trade hub
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
F-Soft Da Nang to boost investment
“Japan is still a key market of our exports with more than 2,000 employees working for F-Soft Japan. We also plan to open representative offices in the United Arab Emirates to expand in the Middle East after successful market access to Europe and Japan,” he said. … [Read more...] about F-Soft Da Nang to boost investment
China’s latest COVID outbreak worst since March 2020
An independent panel of experts reviewing the pandemic, led by former New Zealand prime minister Helen Clark and former Liberian president Ellen Johnson Sirleaf, said on Monday that Chinese officials could have applied more forceful public health measures in January last year to curb the initial outbreak. … [Read more...] about China’s latest COVID outbreak worst since March 2020