Over 55 percent of Japanese companies want to expand their business in Vietnam in this and next year, according to a survey by Japan External Trade Organization (JETRO). 42.5 percent want to retain the same production scale in the country, the survey released Wednesday stated. The survey polled 4,600 Japanese …
Read More »Official-quota key to Việt Nam’s agricultural exports to China
Trần Thanh Hải, Deputy Director of the Import-Export Department of the Ministry of Industry and Trade. Recently, thousands of container trucks have been seen queuing for customs clearances in northern provinces to enter China. Authorities have repeatedly encouraged businesses to quickly switch to official export channels to avoid putting …
Read More »FDI inflow into Mekong Delta forecast to see bright prospects
Garment products are made by workers of Tainan Enterprises Việt Nam Co in the Mekong Delta Province of Long An which ranked second among 59 localities with US$3.84 billion or equivalent to 12.3 per cent of the nation’s total investment in 2021. — VNA/VnExpress News Photo Minh Hưng HÀ NỘI — The …
Read More »Plastic businesses report contradictory earning results
Inside a Tiền Phong Plastic Joint Stock Company factory. The company expects revenue and profit in 2021 to reach VNĐ4.8 trillion and VNĐ460 billion, respectively. — Photo courtesy of the company HÀ NỘI — While many plastic enterprises reported positive results in both revenue and profits in the fourth quarter of last year, …
Read More »E-commerce in UKVFTA the key to trade growth between Việt Nam and the UK
A Vietnamese customer visits the Amazon website. Việt Nam’s firms are advised to embrace digital transformation to expand their market footprint via e-commerce. VNA/VnExpress News Photo Dương Giang HÀ NỘI — Although the UKVFTA has been in effect for just a year, it has brought a noticeable increase in trade between Việt Nam …
Read More »Workers’ dilemma as Vietnam considers increase in overtime cap
Circumstances are tough and workers need more money, but a proposal to significantly increase overtime cap has experts worried about workers’ health and their families’ well-being. Nguyen Thi Hao has no complaints whatsoever about the labor ministry considering increasing the monthly overtime cap for a worker from 40 to 72 …
Read More »UK inflation hits near 30-year high, pressuring BoE and households
Inflation in Britain rose faster than expected to a near 30-year high in December, intensifying a squeeze on living standards and putting pressure on the Bank of England to raise interest rates again. The annual rate of consumer price inflation increased to 5.4 percent from November’s 5.1 percent, the highest …
Read More »HCM City, USAID discuss ways to facilitate trade amid COVID
Delegates at a conference on easing hurdles faced by export enterprises and facilitating trade amid the COVID-19 pandemic on January 18. — Photo hcmcpv.org.vn HCM CITY — The HCM City Department of Industry and Trade and the United States Agency for International Development organised a conference to discuss ways to help import-export …
Read More »FPT software signs strategic cooperation with Japan’s True Data
Representatives of FPT Software’s TDT at the online signing ceremony. — Photo courtesy of FPT HÀ NỘI — Trandata Technology Engineering JSC (TDT) of FPT Software signed a strategic cooperation agreement with True Data of Japan to develop data technology on Wednesday. Under the agreement, the two sides will jointly promote business …
Read More »VN-Index inches up after plummeting
Vietnam’s benchmark VN-Index rose 0.27 percent to 1,442.79 points Wednesday, with several blue-chip tickers surging as bottom fishing investors took advantage of undervalued stocks. The index fluctuated within a narrow band throughout the day and closed nearly four points higher after four sessions in the red. Trading value on the …
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