LAWS COME INTO EFFECT FROM JULY 1
Twelve new policies came into effect from July 1 including the Laws on officers and public employees, passports, state secrets, and entry, exit, transit, and residence of foreigners.
VIETNAM LURES US$6 BILLION FDI INTO INDUSTRIAL PARKS
Nearly US$6 billion in foreign direct investment was poured into Viet Nam’s industrial parks (IPs), processing zones and economic zones (Ezs) in the first half of the year, according to the Ministry of Planning and Investment (MPI).
SAVE THE DATE FOR THE 12TH SAIGON SUMMER BALL - SATURDAY, SEP. 12, 2020
On September 12th, 2020, Saigon Children’s Charity will stage its annual Saigon Summer Ball at the Park Hyatt Saigon. First organised in 2009, the Saigon Summer Ball has long been one of the premier charity events on Ho Chi Minh City social calendar.
USEFUL FACTS ABOUT HONG KONG’S LATEST ECONOMIC DEVELOPMENT
HK is an integral part of the international financial system: for example, the US securities supervisor has an enforcement agreement with Hong Kong; the territory is on the oversight board of CLS, a global currency-settlement platform backed by the Federal Reserve which deals in Hong Kong’s currency, among others. Most bank supervisors and risk officers treat a counterparty in Hong Kong like one in Heidelberg.
VIETNAM STILL NOT OPEN TO INTERNATIONAL TOURISTS: PM
The national steering committee for Covid-19 infection prevention and control was asked to identify and quarantine new cases, while the Ministry of Health has to remain prepared for dire circumstances and provide local authorities with Covid-19 infection prevention and control guidance.
EVFTA WIDENS HORIZON FOR LOGISTICS EXPANSION
As a global provider of logistics services, UPS sees these agreements as providing a great deal more latitude for their customers to expand their key imports, as well as helping to simplify processes while encouraging more long-term investment and strategic business partnerships.
LOGISTICS SERVICE INDUSTRY READY FOR OPPORTUNITIES FROM EVFTA
Vietnam’s logistics service industry is preparing infrastructure and techniques to grasp opportunities from the Europe-Vietnam Free Trade Agreement (EVFTA) to attract foreign investors with a wave of factories.
INSTRUCTION RELATING TO CERTIFICATE OF ORIGIN IN CPTPP AGREEMENT
Accordingly, in Article 5, Circular 38/2018/TT-BTC of the Ministry of Finance dated April 20, 2018, stipulating determining origin of import – export goods (amending and supplementing Circular 62/2019/TT-BTC) regulating customs declarants declaring reference number and issuance date of C/O on customs declaration.
