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Vietnam earned US$154.3 billion from exports

HANOI — The country’s total import-export turnover in the first nine months of the year reached more than US$308.3 billion, posting a 21.3 per cent year-on-year increase, according to the General Department of Customs. The export turnover in the period between January and September posted a 19.8 per cent rise to $154.3 billion, compared with […]

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PEZA perks keep Philippines slightly ahead of Vietnam

MANILA, Philippines — The Philippines has now tied Vietnam in terms of labor cost attractiveness for manufacturing companies, according to Japanese investors, but the country still has a slight competitive advantage over its regional peers due to the set of incentives provided by the Philippine Economic Zone Authority (PEZA). “We observe that labor cost is […]

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Vietnam: Eye industry 4.0 to attract FDI: Experts

HANOI – It’s time Vietnam shift its attention to quality and sustainable development and eye industry 4.0 technologies to attract foreign direct investment (FDI), experts said at an online dialogue on FDI promotion strategies organised on Tuesday in Hanoi. Three decades since the Law on Foreign Investment was issued in December 1987, FDI has become […]

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Vietnam: Deputy PM wants ICT investment

HANOI — The digital aspect of the global economy is among the leading drivers of growth and development, and the foundation for increased industrial productivity, as well as creating opportunities for businesses, stated Deputy Prime Minister Vu Duc Dam at the 2017 Vietnam Information and Communications Technology (ICT) Investment Forum (VIF) held yesterday in Hanoi. The Deputy PM said that […]

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CLMV, Japan Discuss Agriculture Export Promotion

(KPL) Representatives of ASEAN member countries of Cambodia, Lao PDR, Myanmar and Vietnam (CLMV) and Japan met in Vientiane Capital to discuss the promotion of the export of made-in-Laos agricultural products. “The majority, approximately 70%, of Lao people are engaged in agricultural production, so the agricultural development is very important to all people,” Vice Minister […]

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