Vietnam’s CPI inches up in Q1
HCMC – Vietnam’s consumer price index (CPI) in the year’s first quarter edged up around 4.3% year-on-year, showed official data. The Ministry of Finance attributed the CPI rise to a 7.2% increase in housing and construction material prices and a pickup of 4.5% in food prices. The increasing
Japan ends curbs on exports of chip materials to South Korea
Japan has ended restrictions on exports to South Korea of three key compounds used in the manufacture of semiconductors and displays.
Giving a chance to the RCEP’s dispute settlement mechanism
The pact provides a dispute settlement mechanism that envisions a transparent process of resolution whenever dispute arises between members.
Landed house ownership proposal for foreigners needs review
HCMC – The National Assembly Standing Committee has asked the Government to review a provision in the draft of the revised Housing Law that allows foreigners to own landed houses. If the draft is passed, foreign individuals and organizations can own homes in Vietnam, including landed ones with
U.S. extends anti-dumping probe conclusion on plywood imports from Vietnam
HCMC – The United States Department of Commerce (DOC) has for the sixth time delayed the issuance to May 2 of a final conclusion on the probe into anti-dumping duty evasion on plywood imports from Vietnam. According to the Trade Remedies Authority of Vietnam under the Ministry of Industry and
Vietnam promotes negotiations of FTA with Mercosur
The Ministry of Industry and Trade (MoIT) is taking measures to promote the negotiations of a free trade agreement (FTA) with the Southern Common Market (Mercosur - including Brazil, Argentina, Uruguay, and Paraguay), which is expected to be a driving force for Vietnam to tap the Latin American
Striving to 2030 to have more than ten "billion dollars" export product groups
Deputy Prime Minister Tran Hong Ha signed Decision 165/QD-TTg, approving the Project on restructuring the Industry and Trade sector for the period to 2030.
Govt considers lengthening visa-free stay to 45 days
HCMC – The Government is weighing increasing the duration of visa-free stay for international tourists to 45 days from the current 15 to attract guests from abroad. If approval is forthcoming, foreign tourists who come from countries to which Vietnam unilaterally gives a visa waiver can stay in
Enterprises in financial distress
To secure enough capital for business operations, a wooden product exporter to the U.S. and the EU had to agree to secure a loan of VND10 billion with an annual interest rate of over 9%, instead of 5-6% as in previous years, said its director. The firm applied for the loan last year, but only […]
Green economy needs no rush
For Vietnam, it is a good opportunity for domestic enterprises to become companions, to grow alongside and to develop. From a wider perspective, it should be the lifeline for the planet. Greener owing to FDI? The 2022 FDI report with the key topics of green growth and digital transformation
The reverse side of export growth
In recent years, Vietnam’s export revenue has soared in tandem with a rising number of lawsuits filed against local companies. Legal actions on the rise In late January, the U.S. Department of Commerce (DOC) announced a probe into gas-powered pressure washer products of 14 Vietnamese manufacturers
Eel porridge evokes hometown nostalgia
A warm bowl of Quang-style eel porridge with a fragrant aroma not only can win the hearts of diners, but also create nostalgia for the Quang people who live far from home. Eel porridge is a renowned delicacy in the central region, where eel is in abundance and an easy-to-find ingredient. People