Vietnam south china sea dispute

Moreover, Ho Chi Minh City has been always active in organising a range of propaganda seminars as a means of facilitating the EVFTA implementation process of local businesses. Indeed, these events help them to fully grasp the main contents of the trade deal, with a specific emphasis placed on the rules of origin, a key factor to enjoying preferential tax rates from the agreement, Duc added.  … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES AUGUST 12

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 Vietnam expects imminent new wave of foreign investment

The 2020-2024 first phase will see the construction of a 93-kilometer stretch from the Tan Thanh border gate to Quang Hoa District in Cao Bang at a cost of VND12.5 trillion ($539 million). The remaining 22 kilometers connected to Tra Linh border gate in Cao Bang will be built after 2025. … [Read more...] about Vietnam approves $905 mln expressway linking two border provinces

Dean Rolfe, partner and head of Market Entry at KPMG in Vietnam, told VIR that one of the causes driving this new high-tech investment into Vietnam is nothing more than a diversification away from China. He added semiconductor sales to China may slow and this might have an impact on high-tech manufacturing from this nation, especially products which are destined for international markets and not internal consumption. … [Read more...] about South Korean tech titans tracking cost advantage

Amid the complicated developments of COVID-19, ASEAN member states hailed Canada for providing medical supplies worth 4.5 million CAD (3.38 million USD) to the bloc to fight COVID-19, and encouraging the country to contribute further to the ASEAN Fund for COVID-19 Response and the regional emergency reserve of medical supplies. … [Read more...] about Vietnam lauds Canada’s support to ASEAN in COVID-19 fight