Business News

Export of raw materials to China, traditionally a major market for Vietnamese products that accounts up to 60 per cent of the country’s total export volume, plummeted as China cut back on imports. Among the most affected was yarn export with the price continuing to fall as fears of further tariffs being slapped on an additional US$250 billion worth of Chinese goods linger.

Driven by the rapid urbanization and strong industrial growth of Dong Nai province, Giang Dien Industrial Park was set up to meet investor demands in this dynamic economic region. After more than 10 years of operation, the industrial park has become a magnet to investors, laid a stepping stone for industrial development breakthroughs and the quick urbanization process in the province and played an active role in realizing the goal of making Dong Nai a modern industrial province by 2030.

The new circular has amended and supplemented contents relating to difference of HS codes on the certificate of origin (C/O) and on import declaration form; the list of imported goods subject to certificates of origin submitted to customs offices. Particularly, the circular supplements important regulations on rules of origin made under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

The AFF 2020 will continue to be Asia’s premier platform for exchanging ideas and intelligence on redefining growth, driving inclusive development as well as leveraging financial innovation that keeps on reshaping the global economy, for the continued advancement of human society.

Many companies seeking to expand could not find enough land for lease in them and rentals were too high compared to EPZs and IPs in neighbouring provinces. Roads near EPZs and IPs were often overloaded, leading to higher production costs for their tenants and reducing their competitiveness, Tran Trong Tien, a representative of enterprises in Tan Thuan Export Processing Zone said.

A modern city with many public facilities and utilities serving people, suitable investment attraction, and effectively supporting the policy of relaxing Hanoi’s inner city are the targets of a smart city project in accordance with the development master plan of the Nhat Tan-Noi Bai area.

The total registered Foreign Direct Investment (FDI) poured in the southern province of Binh Duong over the recent months of 2019 saw a year-on-year increase of 81%, reaching US$2.424 billion.

Vietnam's real estate market is now intransparent in planning, investor selection, project assignment and transactions. Limited information on the market and inaccuracy are causing certain difficulties for real estate investment activities.