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The Vietnamese Ministry of Industry and Trade said the ceremony for receiving the status of Protected Designation of Origin (PDO) for Phu Quoc fish sauce took place on July 15, 2013 in Belgium.
If negotiating is successful, 95 percent of Vietnam’s textile and garment categories of exports to the US would enjoy the zero tariff. Meanwhile, 55 percent of the Vietnam’s total products go to the market.
International travelers will soon be able to enjoy duty free shopping at international airports in Viet Nam after completing admissions procedures.
Vietnam’s exports to the UK soared 41.6 percent to top 1.76 billion USD during the first half of this year, according to the General Department of Customs.
Minister of Industry and Trade Vu Huy Hoang and his Haitian counterpart Wilson Laleau inked a framework agreement on trade and investment in Hanoi on July 22.
Policy makers at central agencies are considering a stimulus package worth nearly VND100 trillion, or nearly US$4.9 billion, to prop up the sagging economy amid economists’ concerns about risks of instability therein.
The world leading fast-food group McDonald’s has announced to select Mr. Nguyen Bao Hoang, the founder of Good Day Hospitality and the CEO of IDG Ventures as the franchise partner in Vietnam.
With the gross domestic product (GDP) estimated from purchasing power parity (PPP) calculations equivalent to $322 billion, Vietnam’s economy ranks 6th in Southeast Asia, after Indonesia, Thailand, Malaysia, the Philippines and Singapore.
More than 300 organizations from 50 countries and cities will participate in an International Travel Expo (ITE) in HCM City from September 12 to 14.
A conference to promote investment from the Republic of Korea (RoK) to the central province of Nghe An was organized in Hanoi on July 12.
Thai businessmen have been taking martial steps towards the Vietnamese market, having a presence in many business fields of the national economy, from hotels to tile, plastics manufacturing and retail chains.
