Vietnam 

Trade remedies can help to protect domestic firms – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News    Trade remedies, or policy tools to protect domestic industry from imports, are a hotbutton issue amid the global integration. Việt Nam News’ Thu Ngân speaks to Lê Triệu Dũng, director general of the Trade Remedies Authority, about the issue.  Can you give us an overview of trade remedies in Việt Nam now? Trade remedies, in general, are trade policy tools that allow a Government to take remedial action against imports of certain products which cause serious injury to a domestic industry in an importing country.  Such remedies are divided broadly into anti-dumping…

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Vietnam 

VN firms to join Korean Sourcing Fair – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Vietnamese fruits are showcased at South Korea’s Lotte Mart in Hà Nội. – Photo lottemart.com.vn Viet Nam News HÀ NỘI — Fifteen Vietnamese enterprises will participate in the upcoming Korean Sourcing Fair in Seoul next month to seek new co-operation opportunities. Co-organised by the Vietnam Television Cable Corporation (VTVcab) and the Việt Nam Chamber of Commerce and Industry (VCCI), the event will also include the participation of 130 South Korean firms.   During the event, slated to be held on April 15, businesses from the two nations will have a chance…

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Vietnam 

Vietnamese firms attend Seafood Expo North America – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — As many as 15 major Vietnamese seafood enterprises are attending the 2019 Seafood Expo North America, formerly known as the Boston Seafood Show, in the United States. As the biggest trade promotion event in North America, the expo has the participation of distributors, retailers, catering services and processing and shipbuilding companies. Products displayed at the fair include frozen, fresh and processed seafood as well as modern processing equipment. The Vietnamese delegation, led by the Việt Nam Association of Seafood Exporters and Producers (VASEP), includes…

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Vietnam 

Vietnamese, Japanese firms seal egg deal – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

A worker examines egg quality before packaging process. — VNA/VNS Photo Viet Nam News HÀ NỘI —  Ba Huân Joint Stock Company and Japan’s Ise Foods Inc last week signed a co-operation deal on the production and distribution of fresh eggs, vietnamplus.vn reports. The Vietnamese poultry company will be responsible for supply while Ise Foods Inc will distribute the products at Japanese supermarkets and stores in Việt Nam. Ba Huân must ensure the eggs meet Japanese standards, with strict breeding and preservation processes. Under the deal, the…

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China can’t quite match appeal of European firms as Asia’s windpower infrastructure boom begins

Building a new generation of windpower infrastructure across key economies in Asia could add up to a bonanza for European firms, in a rare instance where state-owned Chinese companies find themselves on the back foot.Offshore wind-farm construction projects, already on the drawing boards in South Korea, Japan and Taiwan among others Asian economies, are likely to be dominated by foreign engineering firms, which have a lead in terms of skills and project experience, according to the Asia Wind… Source link

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Vietnam 

VN needs strategy to promote private firms – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — Việt Nam needs a strategy to promote the development of private firms with a focus on quality, as their contribution to the economy remains modest, attendees heard at a conference in Hà Nội on Friday. “After more than three decades of Đổi Mới (Reform), Việt Nam does not have a true development strategy for private firms,” economic expert Trần Đình Thiên said at the forum about private sector development held by the Việt Nam Institute of Economics. He said that more…

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Vietnam 

Vietnamese, Russian firms exchange co-operation opportunities – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Participants at the meeting in Hà Nội. — VNA/VNS Photo Viet Nam News HÀ NỘI — The Việt Nam Chamber of Commerce and Industry held a meeting for Vietnamese and Russian businesses in Hà Nội on Thursday to exchange co-operation opportunities in numerous fields. Vice Chairman of the VCCI Hoàng Quang Phòng said Việt Nam and Russia boasted long-standing economic and trade relations. Việt Nam wanted to co-operate with Russia in areas such as energy, infrastructure development, oil and gas, and mechanical industry, he said. Việt Nam would…

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Vietnam 

HNX-listed firms see total profits up 11.4 per cent in 2018 – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Customers at an Asia Commercial Bank office. The financial sector had the highest profit growth on the Hà Nội Stock Exchange in 2018 at 48.7 per cent. – Photo vietnamfinance.vn Viet Nam News HÀ NỘI — Listed companies on the Hà Nội Stock Exchange (HNX) reported their profits grew 11.4 per cent year on year to reach VNĐ19.93 trillion (US$855.6 million) in 2018. According to the northern market regulator, 360 of the total 369 companies on the HNX had released their fourth-quarter earnings reports as of the end…

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Vietnam 

Rice firms face bankruptcy as trade face difficulties – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — A series of companies who rushed to trade rice a decade ago are now facing difficulties and in some cases, have gone bust. Seafood processor Vĩnh Hoàn Corporation late last month announced it would dissolve its affiliate Vĩnh Hoàn 2 Food Co Ltd. Vĩnh Hoàn 2, established in late 2011 by its parent company with the aim of expanding operations in the rice segment, handled the payments for debts of worker wages, taxes, social insurance, economic contracts, labour contracts and other…

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Vietnam 

Firms urged to increase awareness of environmental protection – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

A textile plant. Vietnamese firms are being urged to improve their awareness of environment commitments in free trade agreements to expand exports. – Photo baotainguyenmoitruong.vn Viet Nam News HÀ NỘI — Vietnamese firms should increase their awareness of environmental protection to achieve sustainable development amidst rapid global integration, heard a forum in Hà Nội on Tuesday. The forum was organised by the Ministry of Natural Resources and Environment with an aim to help firms understand challenges and environmental requirements of new-generation free trade agreements (FTAs) on their export…

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