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India seizes $725m from China's Xiaomi over 'illegal' remittances
30-04-2022 23:06
India seized $725 million from the local bank accounts of Xiaomi after a probe found the Chinese smartphone giant unlawfully sent money abroad in the guise of royalty payments, authorities said Saturday.
Navigating tariff roadmaps for automobile imports
28-04-2022 10:00
The average tariff on imported cars in Vietnam has decreased from 49 per cent in 2015 to 12 per cent in 2020. As a result of changing car import tariffs over the past 5-10 years, Vietnam’s car imports shifted from high-tariff countries like India and China towards low-tariff ASEAN countries like Thailand (see graph). Several socioeconomic developments have triggered these changes.
Temporary anti-dumping tax imposed on welding materials imported from Malaysia, Thailand, China
22-04-2022 09:12
The Ministry of Industry and Trade (MoIT) has issued Decision No. 706/QD-BCT on the imposition of temporary anti-dumping tax rates on some types of welding materials of the Malaysian, Thai and Chinese origins.
Nha Trang - The resort paradise touches the peak of wellness lifestyle
20-04-2022 08:00
Nha Trang was known as a premier resort venue in Southern Indochina by the mild climate and its beauty over 100 years ago. Today, Nha Trang Bay is still the ideal location for wellness real estate projects.
Shanghai reports seven more Covid deaths since start of lockdown
19-04-2022 16:36
China reported seven more deaths from Covid-19 in Shanghai on Tuesday, after hundreds of thousands of cases in the metropolis during a weeks-long lockdown.
Shanghai lockdown snarls world's busiest port and China supply chains
08-04-2022 14:21
Shanghai's grinding coronavirus lockdown is slowly clogging China's supply chains, as delays hit the world's busiest container port where staff are tangled in a morass of Covid controls.
Six strategies for digital growth in Southeast Asia
05-04-2022 15:00
The digital economy is booming in Southeast Asia. With 350 million digital consumers, the region is set to leapfrog China, outpacing that country at a 1.6x growth rate and becoming the fastest-growing digital economy in Asia-Pacific. According to research conducted by Bain & Company and Meta, 78 per cent of consumers in Southeast Asia are now digital consumers.
Demand for Vietnamese fruits and vegetables skyrockets overseas
28-03-2022 14:57
As fruit and vegetable exports to China face difficulties, many Vietnamese enterprises have spent hundreds of millions of dollars to invest in systems and processing plants to sell their products in Europe and the US.
Market orientation tweaked in face of Chinese barriers
18-03-2022 16:00
China has long been Vietnam’s go-to export market for its fruits and vegetables but recent barriers in border trade policies, coupled with lasting infrastructural issues, have left few options for Vietnamese agrifood exporters to boost sales and make use of more official channels as well.
China’s investment in Cambodia rose sharply in 2021
07-03-2022 13:27
Chinese investment in Cambodia increased remarkably last year, despite the negative impact of the COVID-19 pandemic, which reflected Chinese investors’ trust in the country’s business environment.
Taiwanese firms study investment chances in Vinh Long
05-03-2022 20:18
The Vinh Long People’s Committee on March 4 hosted a business delegation from Taiwan (China), who came to learn about opportunities for investing in the Mekong Delta province.
JA Solar to develop $189-million facility in Vietnam
19-02-2022 10:09
JA Solar, a solar cell and module manufacturer, has set out to invest $189 million into increasing the supply of high-efficiency products and raw materials in Vietnam.
Vietnam has highest gold demand in Southeast Asia
18-02-2022 14:53
Vietnam has the highest demand for gold in Southeast Asia, Andrew Naylor, Regional CEO, Asia-Pacific (excluding China) and Public Policy of the World Gold Council, said during a recent virtual workshop on the Vietnamese gold market.
Bullish export outlook ahead in spite of external woes
18-02-2022 10:00
Export prospects are proving upbeat despite several looming threats such as growth slowdowns in China’s economy and lingering input material shortages.
Vietnam sustains stature as global manufacturing hub: Taiwanese media
16-02-2022 16:16
An article recently posted on digitimes.com.tw, a media outlet of Taiwan (China), has said despite a year full of challenges in 2021, the Vietnamese economy has not been hampered by supply chains disruptions but sustains its positive outlook and stature as a global manufacturing hub in 2022.
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