Therefore, to achieve the target of raising the cross-border trade transaction index, according to the Ministry of Finance, there is a need for active participation and concerted efforts of relevant agencies, including customs authorities, specialised management and inspection agencies, people's committees of provinces and cities, import-export businesses, port and yard operators, transport and logistics enterprises. … [Read more...] about VN to lift Cross-border Trade Transaction index
Vietnam joint stock commercial bank for industry and trade
I can’t speak for other expats but I felt APEC was an underwhelming spectacle of sirens, motorcades and young policemen repeatedly waving their traffic truncheons in the pouring rain. It was a bizarre feeling as roads became deserted while other avenues were lined with crowds waiting to catch a glimpse of someone in a black tinted car whizzing pass. … [Read more...] about APEC and Damrey in Vietnam: Whew! It’s over!
Without the CPTPP, Vietnam’s textile and garment products would face difficulties in entering markets such as Australia, Canada, and New Zealand because they had to compete with a giant rival from China, and Vietnam had not signed FTAs with those markets. However, after the CPTPP took effect, the most obvious benefit we can see is the industry has opened its doors to these markets. For instance, Canada’s demand for textile and garment products was worth some $13-14 billion each year, only 5 per cent of which was provided by Vietnam. … [Read more...] about Textile sector set for success
Total retail sales of goods and services in the region exceeded 846 trillion VND (36.45 billion USD) in 2018, a rise of 8.38 percent year-on-year, making up 19.17 percent as compared with the national revenue. During the 2014-2018 period, the regional value grew 10.74 percent on average. … [Read more...] about Northern Key Economic Region needs momentum to grow further: experts
Hanoi (VNA) - In the mornings before he opens his traditional house to visitors, Meritorious Artist To Thanh Son prepares tea to welcome his guests. When Bat Trang commune on the outskirts of Hanoi was officially recognised as a tourist site last month, his traditional house with its beautiful garden, old kiln and showroom of pottery products started receiving many tourists every day. In October 2019, the Hanoi People’s Committee and the Vietnam National Administration of Tourism (VNAT) brought smart tourism to Bat Trang, further highlighting it on the capital’s travel map. Smart tourism Bat Trang commune is located in Gia Lam district, 10km from the city centre. It comprises Bat Trang and Giang Cao villages. A century ago, people of Bo Bat village (now Yen Thanh commune, the northern province of Ninh Binh) followed King Ly Cong Uan from Hoa Lu to Thang Long - the new capital city (now Hanoi). They set up a pottery and brick-making ward on the banks … [Read more...] about Bat Trang – A star of Hanoi craft village tourism