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The Ministry of Planning and Investment (MPI) is drafting a law to specifically support small and medium-sized enterprises (SMEs).
The proportion of enterprises in Vietnam showing support for the Trans-Pacific Partnership (TPP) rose from 62 percent in 2014 to 72 percent in 2015, according to the Vietnam Chamber of Commerce and Industry (VCCI)’s recent survey participated by about 1,000 businesses.
Vietnamese bidders will face many challenges when approaching the government procurement market due to limited capacity and experience, experts said in a conference on government procurement commitments in the Trans-Pacific Partnership (TPP) agreement held last week.
Moc Chau district in the mountainous province of Son La is focusing on creating the Geographic Indication (GI) “Moc Chau” for its Shan Tuyet tea and a collective mark for Moc Chau Oolong tea.
Thai investments are expected to continue growing across Vietnam thanks to the country’s improved business climate and new trade bloc windfalls.
In civil and commercial agreements, the parties to the contract may choose Vietnamese or other foreign languages to be the language of contracts. An exception applies in cases where specialised laws may require the contract to be written (or to have a copy) in Vietnamese.
The Ministry of Industry and Trade (MoIT) and the United Nations Industrial Development Organisation (UNIDO) launched a project Friday to support the Vietnamese Government in building industrial strategies.
KIDO Corp. (formerly Kinh Do Corp.) plans to sell its remaining stake in its snack business to a foreign company this year, local media reported Friday.
Southern Binh Duong province attracted 1.097 billion USD in foreign direct investment (FDI) as of mid-June, equivalent to 78.3 percent of its yearly plan and up 8.3 percent against the same period of last year, according to the provincial People’s Committee.
Russia’s biggest truck producer KAMAZ plans to increase its export to Vietnam from 700 trucks in 2015 to 1,000 ones this year.
There are 40 state financial funds established to support Vietnamese enterprises to develop its production. However, most private businesses say they cannot receive any support from the state.
Bilateral trade relations between Việt Nam and Romania still falls short of potential, a business conference heard yesterday in the capital.
