News

Vietnam’s gross domestic product (GDP) expanded 6.79 percent in the first quarter of 2019, heard a press conference in Hanoi on March 29.

Vietnam’s coffee exports in Q1 are expected to fall 15.3 percent from a year earlier to 477,000 tonnes, government data showed Friday.

Ba Ria-Vung Tau has licensed nearly US$569 million in registered capital for 11 new projects and 12 existing projects by both domestic and foreign investors since the beginning of 2019.

Quang Ninh successfully protects its No.1 position on the Provincial Competitiveness Index (PCI) ranking for the second year and for the first time, Hanoi ranks among the top 10, higher than Ho Chi Minh City.

Along with the impacts of the Comprehensive and Progressive Trans-Pacific Partnership, ­removing the requirement for an economic needs test will create more pressure on the domestic retail sector, and force local retailers to ­improve competitiveness to prevent being swallowed up by foreign players.

With expected fierce rivalry as a result of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, domestic Vietnamese pharmaceutical businesses are increasingly investing big in technological innovations that help them stay competitive in a lucrative market.

Benefits from the Comprehensive and Progressive Agreement for Trans-Pacific Partnership via guidelines on origin of materials are attracting more and more overseas investment in Vietnam’s apparel and footwear sectors.

With the Comprehensive and Progressive Agreement for Trans-Pacific Partnership in effect, more opportunities will open up for Singaporean-based multinationals currently investing or looking to pour money into Vietnam in a wide range of sectors. Van Ngoc reports.

Japanese enterprises in Vietnam are learning about utilising the newly-effective Comprehensive and Progressive Agreement for Trans-Pacific Partnership, along with other free trade agreements (FTAs), in order to build on an effective approach to business. Hironobu Kitagawa, chief representative of the Japan External Trade Organization (JETRO) Hanoi Office, gives an overall picture of its members’ application of FTAs and their future business movements.