Streamlining regulations applicable to business sectors has a huge potential for triggering these dynamic gains. In many internal studies in the EU, it turned out that the right regulations, based on international standards and practices, will provide benefits to business, and attract international businesses that bring much higher benefits than the obvious gains from the tariff reductions. It is not about deregulating important government policies, but there are many ways to make regulations smarter. Better regulation inside Vietnam will also improve the competiveness of Vietnamese firms operating abroad and expanding to the EU. FDI often follows strong trade relations. In return, more FDI is likely to further increase the trade potential between partners. In its amazing progress to a middle-income country, Vietnam now realises that without further FDI its potential to become a regional hub and become part of global value chains may be limited. With the EVFTA and the EVIPA, … [Read more...] about How the EVFTA and EVIPA will help Vietnam lure investment
Asean india business and investment meet
Twenty-five years ago, Vietnam joined ASEAN. The image of the red flag with the yellow star in the centre of Vietnam flying alongside with the national flags of other ASEAN member countries in the Brunei sky on July 28, 1995 will be remembered as an important milestone for both Vietnam and ASEAN. A new journey started for Vietnam, bringing the country into a process of intensive and extensive international integration. … [Read more...] about Vietnam aspires to ASEAN unity, effective coordination
Last but not least, that Viet Nam has been hailed as one of the countries most successful in controlling the COVID-19 outbreak at low cost, as well as its assistance and provision of medical equipment and face masks to other countries in their fight against the pandemic have helped raise investors’ confidence. This is a good opportunity for Viet Nam to attract investment and recover the economy, creating momentum for long-term and sustainable development. … [Read more...] about Can Vietnam could take advantage of new foreign investment strategies?
As the US-China relationship has become worse and the trade war escalated, there have been many discussions in the US and other countries on how to ease reliance on Chinese economy and the companies from China. Nikkei reported that the Japanese government would prop up 70 billion yen to Japanese enterprises in this campaign. Prior to that, it also provided grants of 243.5 billion last April to help Japanese enterprises ease the reliance on China. … [Read more...] about Strategies for new FDI trends in Vietnam
The PM asked relevant ministries, departments and units to monitor the implementation of disease prevention and control measures by students, their parents, teachers and volunteers during the national high school graduation exam as well as ensure public transport services meeting increasing travel demand in these days. … [Read more...] about PM requires strict implementation of Covid-19 prevention rules in exit exam