However, according to the commitments of the EVFTA, besides meeting strict quality criteria, to enjoy preferential tariffs local businesses must implement strict origin requirements. Specifically, the EVFTA requires rules of origin to apply from fabric onwards, meaning that exports to the EU must use fabric produced in Việt Nam or the EU. The agreement also allows firms to use fabric from countries which have FTAs with both Việt Nam and the EU. … [Read more...] about VN needs to develop raw materials production to take advantage of EVFTA
South korea and china
To win the awards, the candidates had to overcome diverse rounds of assessment, such as financial audits, business data appraisal, and leader management capacity for many successive years, direct on-site interviews, and ballot votes by Enterprise Asia’s judging panel. In addition, the nominees must attest their management capacity, experience, and commitment to maintaining sustainable business principles and standards. … [Read more...] about An Phat Holdings receives double awards at APEA 2020
Furthermore, while the proportion of free independent travellers and leisure travelers were similar across both star rankings, 4-star hotels served a much higher percentage of tour guests in 2019, at 30.5 per cent compared to 18.3 per cent of 5-stars properties. 5-star hotels, on the other hand, served more business and conference guests. Normally, 5-star hotels would have a higher portion of free independent travellers than 4-stars. However, as fewer 5-star hotels have joined the survey this year, many of which are city hotels, so data did not reflect this characteristic. … [Read more...] about How can hoteliers seek recovery in the COVID-19 era?
On October 12, Green Startup Foundation co-operated with Tra Vinh People’s Committee to organise the groundbreaking ceremony of the Smart Cold Cabin Demonstration project located in Cang Long district. The Interministerial Advisory Committee is the sponsor. Ice-Loft is the developer of the project. Entire materials and machinery are imported from Belgium. Local Smart Cold Cabins use the Internet of Things (IoT) technology called Smart Thermo Controller to maintain the quality of the harvested fruit in the required standard environment throughout international shipment. … [Read more...] about Ice-Loft targets development of a smart cold chain model
“Vietnamese and Indian efforts to grow trade between the two markets have clearly been working, with bilateral trade growing at the steepest rate ever recorded. As Vietnam plays an increasingly important role in global supply chains, its relationship with India is likely to strengthen further – especially with India investing close to $2 billion in over 200 projects in Vietnam. As this study shows, India presents many opportunities for Vietnamese companies seeking new and fruitful avenues for growth,” said Nirukt Sapru, CEO, Vietnam, ASEAN, and South Asia Cluster Markets, Standard Chartered. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES OCTOBER 18