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Vietnam warned of troublemaking transshipment from China, S.Korea to US
Vietnam should take stronger measures related to origin of goods and products to avoid risks of lawsuits or being taken advantage of by other countries to evade US import tariffs.
Fees and charges make up growing shares in Vietnam state budget revenue
Such increases have created a burden on the citizens, while multinationals are taking advantage of Vietnam’s incentive policies to avoid taxes.
Domestic firms pick up on Industry 4.0
A slew of domestic businesses have taken over specific solutions to seize imminent opportunities emerging from the Fourth Industrial Revolution (IR 4.0).
Vietnam’s foreign trade likely to hit $500 bln in 2019
Vietnam’s foreign trade is forecast to hit 500 billion USD at the end of 2019, according to the General Statistics Office of Vietnam.
VN targets parity between FDI, domestic firms
The need to bring about some degree of parity between foreign-invested and domestic firms while fostering increased linkages was highlighted at the Vietnam Business Forum held on June 16 in Hanoi.
Local firms lag far behind regional peers in technology
VietNamNet Bridge – Domestic firms’ ability to develop and apply new technologies is far behind that of companies in regional countries,
Domestic firms strive to find foothold in cattle-feed market
VietNamNet Bridge – Masan Group, one of Vietnam’s largest private companies, has announced that it had successfully purchased 99.99 percent of the stock in Sam Kim Co Ltd and renamed the company Masan Nutri-Science.
January-April crude oil exports down by US$1 billion
VietNamNet Bridge – The world’s oil price plunge led Vietnam’s crude oil export turnover to fall by US$1 billion in the first four months of this year, according to the General Statistics Office (GSO).
Vietnam retailers revving up their competitive edge
VietNamNet Bridge – In a move certain to unleash fierce competition in the nation’s retail market, Vietnam will fully open it to foreign retailers as of January 2015, in line with World Trade Organisation commitments.
List of US$1-billion export earners lengthened
VietNamNet Bridge – The Ministry of Industry and Trade said there had been 12 groups of products with export revenue exceeding US$1 billion in the first five months of this year and these goods had generated combined outbound sales
Too much preferential treatment to foreign firms, official says
VietNamNet Bridge – Vietnam should give more incentives to domestic firms, as the current preferential policies toward FDI firms may hinder the nation's development and result in dependance, one official said.
Smart TV brings opportunities to make money to Vietnamese businesses
Vietnamese enterprises still cannot make smart TVs, but they still can benefit from smart TVs, especially the digital content service firms.
Local firms exhausted on home ground
VietNamNet Bridge – Domestic firms were badly affected by economic woes last year while foreign-invested enterprises (FIEs) were largely unscathed, as evidenced by their starkly-contrasted export performances,
