A representative of the ministry told Thanh Nien Online that the drafting team had carefully considered the proposal and made a decision on the stake transfer restriction at 35% in order to limit the interference of foreign investors in the business activities of local firms. … [Read more...] about Trade Ministry proposes opening fuel market to foreign retailers
Bangladesh visa application online
Hanoi (VNS/VNA) - Vietnam’s new immigration law includes a new type of visa for foreigners who come to Vietnam to conduct activities as part of international agreements Vietnam has signed. The change is expected to facilitate the implementation of new agreements that Vietnam has signed such as the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA), said Colonel Tran Van Du, deputy head of the Immigration Department under Ministry of Public Security. The department last week held a session to explain immigration laws to diplomatic missions and non-governmental organisations (NGOs) in Vietnam. Vietnam will issue visas with validity from six to 12 months for foreigners who enter to promote services and establish commercial presence according to international agreements. The amendment to the law on entry, exit, transit and residence of foreigners in Vietnam came into force this month. “Strategic foreign investors who … [Read more...] about New immigration law looks to attract investment
Experts believe that Vietnam should follow a gradual opening roadmap instead of an immediate opening to protect its great achievements in fighting against Covid-19. However, though economic relations were not shut down, the countries’ application of measures to fight against COVID-19 has hindered production, import/export and travel activities. … [Read more...] about How should Vietnam reopen to other economies after COVID-19?
Vietnamese Ambassador to Laos Nguyễn Bá Hùng was speaking at a conference jointly held with the Vietnam Business Association for Cooperation and Investment in Laos (BACI) on Sunday in Vientiane, which attracted 50 Vietnamese companies to discuss measures to cope with the COVID-19 pandemic. … [Read more...] about Vietnamese investors in Laos discuss measures to cope with COVID-19
Trần Thanh Hải, deputy director of the Import and Export Department under the Ministry of Industry and Trade, said that value of agricultural products is low while transportation costs are high. Besides that, agricultural products need cold storage and professional transport vehicles. These two factors have also put great pressure on logistics activities for agricultural products. … [Read more...] about State needs solutions to reduce logistics cost for farm produce