April 11, 2011
US Under Secretary of Commerce for International Trade Francisco Sanchez at a press conference in HCMC on Wednesday. The US Education Mission is on a four-day visit to Vietnam to promote education exchange between Vietnam and the United States. The delegation of 56 American colleges and universities visited Ho Chi Minh City (April 5-6) and [...]
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March 20, 2011
E-commerce giant eBay has acquired a 20 percent stake in Hanoi-based Peacesoft Solutions, aiming to link Vietnam to its worldwide online marketplace. News website VnExpress cited Peacesoft General Director Nguyen Hoa Binh as saying that the investment will help his company develop Vietnam’s e-commerce industry. The value of the stake was not disclosed. According [...]
Tags: commerce, company, Internet Users, Peacesoft, Vietnam
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February 6, 2010
LookAtVietnam – Sources from the WTO based in Geneva say Vietnam has brought a lawsuit to the WTO protesting against the US imposition of anti-dumping taxes on the country’s frozen shrimp.On February 1, Vietnam sent a request to the US to reconsider its decision. The two sides now have 60 days to discuss the issue. [...]
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January 25, 2010
VietNamNet Bridge – Only 11 percent of families in HCM City have been making online purchases, a very low percentage compared with e-commerce development potential in Vietnam. According to the HCM City Department of Industry and Trade, e-commerce transactions at www.taobao.com in China reach $52.5 million per day, the online payment via AliPay system in [...]
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January 22, 2010
Hanoi’s CPI up 1.30 percent in January; Guidelines on consumption tax for alcohol products; Officials eye Senegal as promising export market Hanoi’s consumer price index (CPI) in January rose 1.30 percent over the previous month, the city’s Statistics Office reported. The index was up 7.96 percent over the same period last year. Ten of the [...]
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December 7, 2009
LookAtVietnam – The poor state of Vietnam’s roads and other infrastructure poses a major obstacle for foreign investors as the country struggles to boost exports, business leaders said on Tuesday. Unless the government takes stronger remedial actions “the country’s infrastructure status will act as a deterrent to foreign investment and the enhancement of Vietnam’s export [...]
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December 6, 2009
A truck struggles on a flooded street in Ho Chi Minh City. The poor state of Vietnamâs roads and other infrastructure poses a major obstacle for foreign investors as the country struggles to boost exports, business leaders said on Tuesday. Unless the government takes stronger remedial actions âthe countryâs infrastructure status will act as a [...]
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November 25, 2009
The U.S. Commerce Department on Tuesday announced its decision to set final countervailing duties (CVD) on imports of the 2.6 billion dollar oil country tubular goods (OCTG) from China. The department said in its final determination that it found Chinese producers/exporters of OCTG have received net countervailable subsidies ranging from 10.36 to 15.78 percent, which [...]
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October 9, 2009
A file photo taken at a tax office in Ho Chi Minh City Vietnamâs red tape is still a major hindrance for foreign businesses in Vietnam, company representatives told a forum held by Vietnam Chamber of Commerce and Industry (VCCI) on Thursday in Hanoi. Very little is known about how long it custom clearance will [...]
Tags: Chamber, commerce, Commerce And Industry, Competitive Edge, Its Competitive, Its Competitive Edge, Of Commerce And, Of Commerce And Industry, Red Tape, Vietnam
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October 9, 2009
LookAtVietnam – Many foreign investors in Viet Nam claim that some administrative procedures are too cumbersome, especially those involving customs and tax. Workers manufacture electronic devices at VKX telecoms company, a joint venture between VNPT corporation and LG Nortel. Many foreign investors in Viet Nam say that cumbersome administrative procedures are costing them money.They were [...]
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