Industries

Coca-Cola Commits US$200 Million to Vietnam

by

Sept. 7 – Soft drink maker, Coca-Cola and its bottler in Vietnam have committed to invest US$200 million in the country in the next three years. “Vietnam is a very important growth market to The Coca-Cola Company,” Coke chairman and chief executive officer, Muhtar Kent, said in the statement. “We are very optimistic about the […]

DHL Offers Lower-Priced Shipping from HCMC to United States, Europe

by

Sept. 4 – Shipping company, DHL , is offering a lower-priced alternative for exporters wanting to send goods to the United States and Europe with its direct and faster Less than Container Load (LCL) service. The LCL services will link Ho Chi Minh City with Hamburg, Germany; Genoa, Italy; and Los Angeles, United States. According […]

Trade Ministry Cautions Local Businesses on Hong Kong Trading

by

Aug. 25 – Vietnam’s Trade Ministry is advising local companies to practice care when trading with Hong Kong companies after cases of fraud were reported. Vietnamese businesses should consult the ministry’s office before they trade with partners in the territory, Vietnamese trade authorities told Thanh Nien News. Vietnam’s Ministry of Industry and Trade office in […]

New Van Don Economic Zone to be Build in Quang Ninh Province

by

Aug. 21 – The plan to build the Van Don Economic Zone in Quang Ninh Province has been approved and will include a tourist site, an international financial and trade center, an environmentally-friendly industrial zone, a logistics center and an agro-forestry and fisheries area. The 2,171 square meter zone will accommodate 150,000 people and is […]

Twenty Percent Discount on Power Costs Proposed

by

Aug. 11 – The Ministry of Industry and Trade has submitted a proposal that will allow businesses that operate only during the day to be qualified for a 20 percent discount on electricity costs during peak hours of the morning. Currently, business power users are charged double in the peak hours between 9:30 a.m. and […]

Foreign-Invested Firms to be Allowed to Export Rice

by

Aug. 10 – Following its WTO commitments, the Vietnamese government will now allow foreign-invested businesses to distribute and export rice this year, says Deputy Minister of Industry and Trade Nguyen Thanh Bien. Last week, Deputy Prime Minister Hoang Trung Hai approved the measure. Mr. Hai also added that the trade ministry should also ask the […]

Vietnam Tops Business Confidence Survey

by

Jul. 16 – A survey conducted by banking company, HSBC, showed Vietnam as having the most optimistic small and medium-sized enterprises (SMEs) in the region. The  HSBC Emerging Markets Small Business Confidence Monitor tallied the answers of more than 3,400 SMEs in Asia, Latin America and the Middle East. Respondents in the Asian region included […]

E-Customs Clearance Process Still Limited

by

HO CHI MINH, Jul. 14 – Despite being offered on a trial basis in Ho Chi Minh City and Hai Phong since 2005, the e-customs clearance service is still bogged by inefficiencies and delays. City customs departments are ill-equipped to handle the surge of applications because of insufficient bandwidth capacity sometimes aggravated by the country’s […]

Maryland to Open Business Recruitment Office

by

Jul. 13 – The American state of  Maryland will soon establish an economic development office in Vietnam. The office will be managed by the Meiwah International Holdings, an importer-exporter company, that will be charging fees by commission and seeking out business opportunities for the state in Vietnam. Previously, the state  set-up recruitment offices in South […]

China Signs US$430 Million Power Plant Construction Deal

by

Jul. 9 – China’s Wuhan Kaidi Electric Power has agreed to build the Mao Khe thermo-electric power plant in Quang Ninh Province for US$430 million. The power plant project is backed by the Vietnam National Coal and Minerals Industrial Group with a capitalization of VND9,315 billion. When it is finished in 2012, the plant will […]

Showing 10 of 321 articles
Events in Vietnam All Events
Related reading
  • An Introduction to Doing Business in Vietnam 2023
  • Vietnam's HR Landscape, Compliance, and Recruitment
  • Finding an Ideal Location – Utilizing Vietnam’s Economic Regions
  • Digital Economy Prospects in Vietnam and Identifying Government Support
  • Tax, Accounting, and Audit in Vietnam 2022
Back to top