Nikkei Asian Review: Samsung Electronics looks to shift production to VN Samsung Electronics will end personal computer production in China as it looks to shift production to Viet Nam to cut costs and remain competitive in the PC business, according to the Nikkei Asian Review. … [Read more...] about How do VN businesses join the global supply chain?
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The pandemic not only affected the economy, including trade, in Thailand and Vietnam but also all countries worldwide. Annually, we organize four Top Thai Brands events to strengthen bilateral trade relations. In late June and early July, the Ministry of Commerce of Thailand held the Top Thai Brands 2020 in Hai Phong, Hanoi, and Can Tho. The events attracted the attention of Vietnamese consumers and businesses. Due to the pandemic, Thai businesses could not come to Vietnam, so only Vietnamese distributors and importers were invited to the events. The pandemic obstructed the transport and exchange of goods between the two countries while causing consumers to cut back spending, leading to a sharp drop in the demand for goods, and therefore affecting bilateral trade. Nevertheless, we believe that once the pandemic is controlled, bilateral trade will recover rapidly because Vietnam and Thailand have a solid trade and economic relationship. … [Read more...] about Vietnamese-Thai trade to recover quickly due to solid ties
The EVFTA, officially signed last June after six years of negotiations, has been dubbed “the most ambitious” FTA the EU has ever reached with a developing country, according to the European Commission (EC). It includes not only the almost full elimination of bilateral tariffs, but also a substantial reduction of non-tariff barriers. Moreover, it includes provisions to protect intellectual property, labor, environmental standards, and fair competition, while promoting regulatory coherence. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES AUGUST 14
The United States Air Force dispatched a series of B-52 bombers targeting North Vietnam constantly from 18 to 30 December, 1972 in the strategic bombing campaign LINEBACKER II, known as the “Eleven-Day War” which was officially ordered by US President Nixon on December 17 1972. The Vietnamese people named it the "Hanoi - Dien Bien Phu in the air". … [Read more...] about Untold stories about wreckage of a B52 bomber in Hanoi’s lake