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Vietnam: Trade upswing pressures local ports

After long expectations, EU businesses now have unprecedented market access to Vietnam’s inland shipping services, which heralds a great deal more competition as well as mounting pressure on the local seaport infrastructure. International container shipping company Maersk Line, the largest subsidiary of Danish business conglomerate Maersk Group, can now expand their business activities in the […]

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Vietnam: Wage proposal made to facilitate upswing

Vietnam may break a 10-year trend by not increasing regional minimum wages for private businesses in 2021 to help ease the financial burden on those ailing from the pandemic. With nine of the 13 members voting in favour, the National Wage Council will propose the government not to increase the regional minimum wage in 2021, […]

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Vietnam expects imminent new wave of foreign investment

In late July, news that 15 Japanese companies received support from their Government to move to Vietnam from China became a hot topic in the media. According to the Japan External Trade Organisation (Jetro), they were among more than 80 firms whose moving out of China will be subsidised under a Japanese Government scheme.  It said this […]

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