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Transparent incentive policies needed to lure more foreign investors into Vietnam

The Hanoitimes – Lawmakers should detail conditions, criteria and procedures for investors to benefit the country’s investment incentives, aiming to ensure the implementation of the policy more transparently and effectively. According to the Chamber of Commerce and Industry of Vietnam (VCCI), the government has so far issued some investment preferential policies, but it hasn’t detailed conditions, […]

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Vietnam: Bamboo Airways gets closer to take-off

The Hanoitimes – The airline is expected to launch its first flight on October 10, while offering air tickets for flights starting September 2. Vietnam’s Ministry of Transport (MoT) is seeking Prime Minister Nguyen Xuan Phuc’s authorization in giving aviation license to Bamboo Airways, helping the startup airline move closer to the official take-off, VnExpressreported. According to the MoT, […]

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FTI: Vietnam’s red tape to persevere

The Federation of Thai Industries (FTI) expects Thailand’s car shipments to Vietnam to continue affecting all carmakers, even after both governments resolved to tackle obstacles posed by Vietnam’s non-tariff barriers.  Surapong Paisitpatanapong, the FTI’s automotive industry club spokesman, said the two governments have acknowledged the problem, but the resolution has yet to be implemented by Vietnam.  “The […]

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Zara, H&M report high revenues in Vietnam

The Hanoitimes – For a population of nearly 100 million, of which the majority is at young age and with a steady growth of income per capita, Vietnam is considered potential market for fashion retailers. In the first six months of 2018, revenue in Vietnam of the Indonesian retail operator Mitra Adiperkasa, – the operator of […]

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Foreign players dominate Vietnam’s animal feed market

The Hanoitimes – Despite accounting for some 65 percent of Vietnam’s market share, foreign animal feed producers are continuously expanding production to further dominate the country’s fertile market. Vietnam’s animal feed market has attracted many foreign feed companies, such as Thailand’s C.P, the US’s Cargill, South Korea’s CJ, Holland’s De Heus, Singapore’s Haid and Malaysia’s Emivest, […]

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