Other Briefings
Japan and Vietnam to Jointly Develop Rare Earth Deposits
Oct. 22 – Japan and Vietnam plan to co-develop rare earth deposits in the Southeast Asian nation as China, the world’s leading supplier of such minerals, continues to cut its supply. A joint development agreement is expected to be signed on October 31, when Japanese Prime Minister Naoto Kan is scheduled to travel to the […]
Vietnam Airlines Drops Fares in Celebration of Hanoi’s Millenial Anniversary
Sept. 21 – National air carrier Vietnam Airlines has announced that it would slash international airfare tickets from Vietnam by as much as 85 percent in celebration of Hanoi’s 1,000th year anniversary. Flight bookings must be made starting September 30 to October 10 applicable for trips taken from October 15 to December 21, 2010 and […]
Vietnam Airlines Cuts Domestic Fares by 50 Percent
Sept. 7 – The country’s flag carrier, Vietnam Airlines, has announced it will slash fares on domestic flights by 50 percent from September 15 to October 30. The heavily discounted rates will include routes coming from the capital, Hanoi and the financial center, Ho Chi Minh City. The discounted prices will range from VND400,000 to […]
Vietnam Emerges as One of the Biggest Beer Markets in the Region
Aug. 31 – Vietnam is the second largest beer market in the Southeast Asian region with 1.6 billion liters consumed last year after Cambodia. The market is forecast to expand by 5.6 percent in the following years trailing behind Laos and Cambodia, reports market research company Euromonitor International. As an indication of the country’s investment […]
First Vietnam WTO Trade Policy Review Set for 2012
Aug. 23 – Vietnam’s first trade policy review (TPR) is set for 2012 following the requirements of its membership in the World Trade Organization. The Ministry of Industry and Trade announced the schedule of the TPR during a seminar held in Hanoi on August 12. WTO members are all required to conduct regular TPRs and […]
Dung Quat Economic Zone to Expand into an Industrial City by 2025
Aug. 9 – Quang Ngai Province authorities in south central Vietnam are proposing plans to expand the Dung Quat Economic Zone into an industrial city by 2025. There are plans to develop the economic zone from 10,300 hectares to 45,332 hectares; adding heavy industrial production facilities for the petroleum and chemical business in addition to […]
New Issue of Vietnam Briefing: Establishing Representative Offices in Vietnam
Aug. 4 – In this issue of Vietnam Briefing, we look at the process of establishing representative offices in Vietnam. As the second best performing economy in the region this year, many foreign investors are now considering building a presence in Vietnam to take advantage of the robust growth. A representative office is the simplest […]
E-Customs Clearance Now Available for Lao Cai Border Gate
Aug. 3 – Electronic customs declaration and clearance is now available for trade passing by the Lao Cai border gate beginning August 1. The province is the eleventh one to adopt the process for trading goods.This will make it easier for companies selling goods to China via the Lao Cai border to easily declare customs […]
Dezan Shira Hire More Staff in Vietnam
HANOI, Jul. 26 – Dezan Shira & Associates is hiring more legal and tax staff in Vietnam, according to the firm’s principal, Chris Devonshire-Ellis. “Vietnam is recovering quickly from the fall off in FDI it experienced due to the global downturn, and this, coupled with a change in the economic dynamics in China is spearheading […]
New Commercial Arbitration Law to Help Resolve Disputes Faster
Jul. 21 – Vietnam’s new Commercial Arbitration Law, set to take effect from January 1, 2011, is expected to help local and foreign businesses resolve disputes quicker outside of the court of law. The new law was approved on June 17, 2010 by the National Assembly and will provide an important legal foundation for businesses […]
