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Update news export
Being one of the five biggest garment suppliers in the world, Vietnam’s garment export turnover only accounts for 4-5 percent of the global market share. In the US, the biggest export market, Vietnam hold 8 percent of the market share.
VietNamNet Bridge – Vietnam has been advised to take strict control over the export to the EU market in order to be the long term beneficiary from the EU’s Generalized System of Preferences (GSP).
VietNamNet Bridge – Vietnam is one of the countries which can enjoy the new EU’s GSP to be applied as of January 1, 2014. However, analysts say Vietnam may not take full advantage of the preferential tariff to boost exports to the large market.
VietNamNet Bridge – Officials of the Bong Mieu gold mining company and Phuoc Son Gold Company said that they had asked the customs office to reconsider the export tax of nearly VND250 billion ($12 million).
According to Vietnamese customs agency, the country exported 23,600 tons of iron ore to China in 2012, at $46 per ton on average while the Chinese customs body said China imported 1,748,566 tons at $92 per ton from Vietnam.
Cell phone export to UAE reaches US$1.36 billion; Garments and textiles to enjoy zero percent tariffs; Major infrastructure investment priorities discussed; SOE cutbacks expected as State tightens belt
VietNamNet Bridge – Viet Nam's economy was on the right track to recovery, with inflation no longer a great concern, according to Minister of Planning and Investment Bui Quang Vinh.
Chandler Corp. pours $99 mln into Vietnam medical deal; Garment sector dressed for success; Cooking oil products fry local competitors; Coal exports likely to fall this year
LED technology lures foreign investment; Vietnam private equity outlook bounces back; A big challenge for livestock industry; Restructuring better solution for Vinalines, Vinashin: Deputy PM
Vietnam’s inflation beats all regional nations; SOEs reform is too slow; Farmers shy away from shrimp farming despite good price; Firm hand on asset tiller buoys market; State Audit reports on SBV performance in 2011
The unhealthy competition has exterminated the creativeness of enterprises and discouraged them to spend money to develop software products.
Cruise tourism to get popular in coming years; FTA talks may bring GI assistance; VN slaps extra duty on veggie oil imports; Stanchart: SBV to cut rates further; Banks announce reduction in executive pay
Sovereignty is sovereignty, business is business. If we develop strongly, our sovereignty is firm. VietNamNet continues the talks about the trade relations between Vietnam and China.
Fixes key to boosting FDI; Nation still a tasty target; Land clearance slows power line project; Market heats up for domestic pepper exports; HCM City sees a leap in pledged FDI
Trade deficit hits US$547 million in March; Bilateral trade with India up 40.2pct; Challenges for Vietnamese exports; Instalment plans take advantage of Vietnamese consumers; Up-market housing remains empty
Peugeot announces its return to Vietnam; PetroVietnam increases investment in Russia; Thua Thien - Hue lures investment to IZs; Hanoi welcomes 5.12 million visitors in Q1
Wooden furniture manufacturers have been warned that the challenges they meet in 2013 would be even tougher than the ones in 2012.
Property transactions seen picking up; Power demand up 12 pct in dry season; Drop in rice price after Gov’t stockpiling program; Construction material market in severe deadlock; Market demand remains sluggish
Hanoi pledges financial aid for enterprises; HCM City urged to change software park land policy; Sale of drought insurance for coffee suspended; Accor continues expansion with three new hotels
Japanese firms keen on support industry; Vietnamese giants eye Myanmar market; Banks see increase in outstanding loans; HCM City’s March CPI down 0.29 pct; First FDI highway project in Vietnam