The Hanoitimes – Foreign firms have been increasing investment in Vietnam’s textile and garment industry to enjoy free trade agreements and low labor costs. According to Chairman of the Vietnam Textile and Apparel Association (VITAS) Vu Duc Giang, more than 2,000 foreign businesses from 16 countries and territories worldwide have invested some US$15.75 billion in Vietnam’s […]
Read MoreThe retail industry bases its success on giving consumers a choice — and malls and “big-box” stores have thrived based on this desire for “options”. As retailers introduce more options, consumers have responded by embracing the new, and yet keeping the old. Today’s shoppers fully expect to move seamlessly between a store’s physical and digital channels […]
Read MoreIn a bid to increase transparency between businesses and their customers in the tourism industry, the government has issued a directive regulating the use of service fees. The new directive stipulates that hotels, guesthouses and restaurants that charge clients a service fee must possess a valid business license and a certificate of quality issued by […]
Read MoreTraders engaged in the export of goods to the European Union, Norway, Switzerland and Turkey will be able to apply for customs relief under the Generalised System of Preferences (GSP) at the Ministry of Commerce (MOC). The GSP is a US trade program designed to promote economic growth in the developing world by providing preferential […]
Read MorePHILIPPINE and Cambodian officials have taken the first step to strengthen each other’s farming sector that is expected to lead to an agreement formalizing a collaboration, the Department of Agriculture (DA) said on Monday. In a release, DA said the department, led by Agriculture Undersecretary for Operations and Agri-fishery Mechanization Ariel T. Cayanan, and its […]
Read MoreThe Hanoitimes – The auction attracted 37 investors registering to purchase 83.57 million shares of Bach Dang Construction Corporation, four times the amount of shares put on sale by the Ministry of Construction, announced the Hanoi Stock Exchange (HNX). Three investors registered to acquire 13.73 million shares, accounting for 16.4% of the total shares on offer, […]
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