Thirdly, Viet Nam should not compete with other countries to court more foreign capital by only offering investment incentives, as this can distort resource allocation and will not have a meaningful impact in the long run. The country will be more attractive to foreign investors if it can correct its weaknesses and shortcomings, such as improving the capacity of capital absorbency, perfecting logistics infrastructure, upgrading workers’ skills and ability, and reforming institutions. … [Read more...] about Can Vietnam could take advantage of new foreign investment strategies?
Why consumer need protection
Nguyen Van Tuyen, Director of the Tien Dat Co., Ltd, said the EVFTA offers new opportunities for businesses. Some of the company’s exports to the EU are subject to a 10 percent tax that will be zeroed in the next six years, Tuyen said. The company is learning about the agreement’s tax provisions for wood products to boost the export of these products to the EU, he said. … [Read more...] about Compliance costs challenge EU market access
Of which, the four codes CX-1274, CX-1275, CX-1276, and CX-1277 register for container trucks from Binh Duong Province to Phu Quoc Island from January 31, 2018, to October 28, 2020. Some other vehicle codes registered to go from Hai An District in Hai Phong City to Viet Tri City in Phu Tho Province from October 31, 2016, to October 30, 2020. Meanwhile, the list of consignments to be transported is blank. This shows that there are vehicles registering but the source of freight is not available, meaning that the floor has not made any transactions for the vehicle owners yet. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES AUGUST 10
Netflix is considered by law a TV service provider that collects subscription fee and requires a business license to operate. Therefore, it must comply with censorship requirements in accordance with the laws on press and cinema, as well as the law on children like any other businesses in Vietnam. … [Read more...] about Foreign streaming services to be managed more strictly in Vietnam
According to Morten Pristed, Health and Education Counselor, Embassy of Denmark in Vietnam, Denmark will support Vietnam in two main areas: Training and raising awareness of non-communicable diseases, especially of diabetes; Application of information technology and of electronic medical care for health workers in medical training, especially in primary health care. Both fields are closely linked to the objectives of diabetes prevention and control in the National Strategy 2015-2025. … [Read more...] about Vietnam, Denmark deal with diabetes together