HANJIN SHIPPING GLOBAL CEASES OPERATIONS IN VN
[06-09-2016] The Vietnamese Representative Office of Hanjin Shipping Global, South Korea’s giant container shipping company, announced that it would not accept any new booking of freight orders from August 31. According to the Ministry of Industry and Trade, bankruptcy of the Hanjin shipping line would possibly affect local businesses’ export and import shipping and receiving activities.
EAEU-VIETNAM FTA CONFIRMED TO TAKE EFFECT IN OCTOBER
[05-09-2016] The free trade agreement (FTA) between the Eurasian Economic Union (EAEU) and Vietnam will take effect on October 5, Minister for Trade at the Eurasian Economic Commission Board Veronika Nikishina has said.
GARMENT FACTORY DATA REVISED
[05-09-2016] “During the first quarter of 2016, the ministry became aware that a number of factories had been inactive for months, and in some cases had closed down, but had not provided official notice to the ministry and thus had not been recorded as such in the database.
FRESH POLICIES TAKE EFFECT IN SEPTEMBER
[05-09-2016] A series of new policies are coming into effect in September, including regulations relating to policies to support poor students, export tariff cuts for environmentally friendly products, and tightened State control of chemical substances.
TOURISM PROPERTY MARKET PICKS UP
[02-09-2016] The tourism property market has been hot this year with many new projects and increasing transaction volumes, insiders said. A report from the Ministry of Construction's Housing and Real Estate Management Department said many new tourism property projects have been on sale since July.
NEW POLICIES TAKE EFFECT THIS MONTH
[04-09-2016] A series of new policies are coming into effect this month, including regulations relating to foreign diplomats and policies to support poor students, raise awareness of legal assistance and tighten State control of chemical substances.
PHU QUOC EYES MORE INVESTMENT
[03-09-2016] Phu Quoc Island has so far attracted 244 projects worth VND314 trillion (US$14 billion), mostly in infrastructure, urban development, fisheries, tourism, trade and services. Twenty eight projects with an investment of VND35 trillion ($1.57 billion) are already operational while 22 others worth VND35.6 trillion are under construction.
VIETNAM€™S INDUSTRY TARGETS GLOBAL PRODUCTION CHAINS
[01-09-2016] A future national industry policy should work to sustain the national economy’s self-reliance and enable sectors’ effective participation in global production and distribution chains, heard a seminar in Hanoi on August 28.
