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Vietnam’s textile and apparel exports to countries negotiating the Trans-Pacific Partnership (TPP) agreement in the first five months of this year increased 69.66 percent compared to the same period last year.
While local enterprises faced a slowdown in outbound sales in the first half of this year, the foreign direct investment (FDI) sector reported export growth of over 20%.
Amata Long Thanh Joint Stock Company was granted an investment certificate at a ceremony held on July 22 to construct the first hi-tech industrial park in Long Thanh District in the southern province of Dong Nai.
The number of tariff lines South Korea will cut for Vietnamese imports under the Vietnam-Korea FTA (VKFTA) is 95.4 per cent of the total, 5 per cent higher than other countries such as China, Indonesia, Malaysia and Thailand.
Numerous licenses of big foreign-invested (FDI) projects have been revoked, revealing the poor ability of local governments in assessing FDI projects.
The central province of Nghe An plans to inspect 74 projects that are progressing too slowly, in order to improve the quality and efficiency of licensed projects in the province, according to the provincial Department of Planning and Investment.
Vietnam is planning to launch a new environment and natural resource monitoring network which is equal to Southeast Asian standards in the coming years to better prevent and control natural disasters and protect the environment, heard a workshop in Hanoi in July 2015.
Vietnam’s transport authorities will start granting International Driving Permits (IDPs) to Vietnamese and foreigners in October, allowing the holders to drive in more than 80 countries that recognize the licenses.
The Vietnam National University Integrated Circuit Design Research and Education Center (ICDREC) has made an 8/16/32 byte microprocessor, but it is still too early to say whether it will have commercial potential.
Prime Minister Nguyen Tan Dung has asked the Ministry of Finance and other relevant ministries to review tax policies and fix a new import tax rate for high-powered cars.
The recently-formed industrial complex in the south of Binh Thuan has currently attracted many titanium processing projects.
Vietnam will send a working group to the Philippines to learn tuna fishing and processing technologies, said Deputy Minister of Agriculture and Rural Development Vu Van Tam.
