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Vietnam and Thailand sign MOUs on financial cooperation

Veerathai Santiprabhob, Governor of the Bank of Thailand (BOT), and his counterpart, Le Minh Hung, Governor of the State Bank of Vietnam (SBV) signed two Memoranda of Understanding during the bilateral meeting on 5 August 2019 in Hanoi, aiming to promote banking and financial cooperation in the following two critical areas. 1. The MOU on […]

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Vietnam mulls Phu Quoc 30-day visa exemption

Vietnam’s Ministry of Public Security is proposing to pass a regulation that allows visa exemptions for foreigners entering Phu Quoc Island in Kien Giang province with a 30-day stay period. The proposal is in the draft Law on foreigners’ entry into, exit from, transit through and residence in Vietnam (Law No 47), which will be […]

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Vietnam ministry announces criteria for “made in Vietnam” products amid rampant trade fraud

The draft circular regulates that made-in-Vietnam products should be originated or wholly produced in Vietnam, including agricultural products or natural resources. Otherwise, products should undergo final processing or manufacturing in Vietnam to fundamentally change the essential qualities of the products to be labelled as such.  In addition, products would be required to qualify for HS […]

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Vietnam’s infras development plans open up room for foreign investors

The Hanoitimes – All Vietnamese transportation sectors, including airports, seaports, toll roads and railways, would be attractive to foreign investors in a general sense. Foreign investors have plenty of opportunities to take part in infrastructure projects in Vietnam as the government prioritizes the sector’s development while the state funding remains insufficient. According to Tran Ngoc Chinh, […]

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