Press digest - September 3

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Báo điện tử CP English 19 hour(s) ago 3 related news

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Domestic auto producers face fierce competition as import tax falls

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Báo Dân Trí English 2 day(s) ago

Domestic auto producers face fierce competition as import tax falls

Vietnamese car manufacturers will face fierce competition from low-cost cars imported from India and ASEAN when import taxes are sharply cut next year.

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Oversupply of luxury rentals calls for reassessment

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VietStock FI English 2 day(s) ago

Oversupply of luxury rentals calls for reassessment

The ASEAN integration at the end of this year is moving closer, but there is still no sign of the often touted professional foreign workforce streaming into Phnom Penh to meet the supply in the property market.

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Initiative to self-certify origin of goods set up

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VietStock FI English 4 day(s) ago

The Ministry of Commerce (MoC) has announced a program that will allow approved exporters to use their invoices to self-certify their products’ origin, removing the need to apply directly to the ministry each time a company needs to ship goods from Cambodia.

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HCM City – an ideal destination for Japanese investors

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VietnamNet English 4 day(s) ago

With 800 projects worth US$2.7 billion, Japan is the 6th biggest foreign investor in Ho Chi Minh City. The figure is expected to rise in the future because HCM City is considered an ideal destination for Japanese investors.

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Vietnam still tries to develop automobile industry

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VOV News English 4 day(s) ago 1 related news

Vietnam still tries to develop automobile industry

The government of Vietnam does not intend to give up the dream of developing an automobile industry, even though it has failed to do so in the last two decades.

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ASEAN Single Window piloted

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Báo điện tử CP English 5 day(s) ago 11 related news

VGP – Viet Nam on Monday piloted the ASEAN Single Window (ASW) connection with Indonesia and Malaysia.

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US biz still keen on Kingdom; corruption a worry

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VietStock FI English 5 day(s) ago

American businesses in Cambodia all expected positive profit numbers for the rest of 2015 and in 2016, while a large majority said that they plan to expand their operations in the Kingdom, according to a US Chamber of Commerce business outlook survey.

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Da Nang looks for more Japanese investment

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Báo Đầu Tư English 5 day(s) ago

Da Nang looks for more Japanese investment

Viet Nam has become the second biggest destination for Japanese investors in ASEAN – after Thailand – with 1,463 members in the Federation of Japanese Chambers of Commerce and Industry in ASEAN (FJCCIA).

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Vietnam firm on auto industry development plan

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VietnamNet English 6 day(s) ago 1 related news

Vietnam firm on auto industry development plan

Despite calls for a rethink of a controversial automotive industry development plan, the Government of Vietnam has shown no sign of swaying as new incentives are being drafted to keep the plan afloat.

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Experts worry about Vietnam’s fast integration

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VietnamNet English 6 day(s) ago

Experts worry about Vietnam’s fast integration

Experts and scholars at the 2015 Autumn Economic Forum in Thanh Hoa Province on August 27 expressed concerns over Vietnam’s rapid international integration, saying it would give local firms little time to adapt.

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HCM City – an ideal destination for Japanese investors

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VOV News English 6 day(s) ago

HCM City – an ideal destination for Japanese investors

(VOV) - With 800 projects worth US$2.7 billion, Japan is the 6th biggest foreign investor in Ho Chi Minh City. The figure is expected to rise in the future because HCM City is considered an ideal destination for Japanese investors.

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Efforts to protect rights of migrant workers

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VOV News English 7 day(s) ago

Efforts to protect rights of migrant workers

The Ministry of Labour, Invalids and Social Affairs and the International Labour Organisation (ILO) jointly held a national conference in Hanoi on August 28 in preparation for the 8th ASEAN Forum on Migrant Labour, slated for Malaysia from October 26-27.

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Cambodian property hotter than ASEAN average ahead of AEC

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VietStock FI English 1 week(s) ago

Cambodian property hotter than ASEAN average ahead of AEC

With the ASEAN Economic Community (AEC) set to commence at the end of this year, promising deeper cross-market potential for property investment, the region as a whole is experiencing a cooling effect—with the exception of Cambodia, which shows strong growth numbers according to property consultancy Knight Frank’s latest Asia Development Index.

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Vietnam labor productivity far behind ASEAN countries

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VOV News English 1 week(s) ago 1 related news

Vietnam labor productivity far behind ASEAN countries

Vietnam's labor productivity has managed to narrow its gaps with other Southeast Asian countries, but it will be decades long before the country can catch up with them, the Ministry of Planning and Investment said.

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