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Vietnamese exports to be sold via Amazon

HANOI — The Vietnam Trade Promotion Agency under the Ministry of Industry and Trade will work with Amazon to help Vietnamese small and medium-sized enterprises (SMEs) join the firm’s e-commerce system. Vietnam Trade Promotion Agency and Amazon Global Selling organised an event to announce the co-operation with the company in Hanoi on Monday. Besides supporting Vietnamese enterprises with export promotion via international exhibitions or […]

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Malaysia unlikely to lose its competitiveness to Vietnam

KUALA LUMPUR: Malaysia will not lose its competitiveness to Vietnam even though it did not ratify the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Malay Economic Action Council (MTEM) researcher Mohd Effuan Aswadi Abdul Wahab said there was no significant proof that there would be an increase in investment once a country signed a […]

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Vietnam: Labor issues may hinder EVFTA signing

HCMC – The EU-Vietnam Free Trade Agreement (EVFTA) may not be signed as soon as expected because Vietnam has yet to address key labor issues, the International Labor Organization (ILO) told the media in HCMC yesterday (January 14). ILO Country Director for Vietnam Chang Hee Lee said that the EVFTA might go before the European […]

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Vietnam: Investment in fruit, vegetable processing surges as companies realise potential

HCM CITY — Fruit and vegetable exports, which have been growing at around 15 per cent annually for the past five years, are a highly attractive business activity for enterprises, which are increasingly investing in large and modern processing plants. Long An Province-based Lavifood Joint Stock Company earlier this month put into operation a VND1.78 trillion (US$76.7 million) fruit and […]

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NTPM investing US$30mil to expand in Malaysia, Vietnam

NIBONG TEBAL: NTPM Holdings Bhd  is investing over US$30mil to expand its tissue paper production facilities in Malaysia and Vietnam for the 2019 financial year. Group managing director Lee See Jin said the bulk of the budget, about two thirds, went towards the expansion of the Vietnam facility. “The new production line for the Vietnam facility, which is being installed currently, would be ready […]

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