News

Trade between Vietnam and Austria has been rapidly expanding over recent years, largely as a result of improved market analysis and research efforts targeting specific market segments, radio The Voice of Vietnam (VOV) has reported. As a case in point, in the first week of October, a delegation of 12 …

All import-export shipments transported by containers are now officially tracked by customs agencies via Global Positioning System (GPS) devices following a decision by the General Department of Customs, effective from this month. The General Department of Customs issued Decision 2031/QD-TCHQ introducing regulations on the use of GPS in managing and …

Third-party logistics provider Damco and Vietnamese warehouse owner HTM (Construction and Mechanic HTM, JSC) have opened a new warehouse in North Vietnam to support key fashion/retail customers whose sourcing patterns are centred there. The long-term HTM’Damco partnership will lead to the development of more than 20,000 sq m of warehousing …

Import/export companies say that there was no legitimate reason for the Saigon Port Corporation to raise service fees, complaining that the fee increases would push enterprises up against the wall. Many companies have struggled during the recession, and they say that higher port service fees would increase production costs and …

HCMC – The HCMC government has asked the Ministry of Transport to allow port operators at Hiep Phuoc Industrial Park to dredge four more kilometers of Soai Rap River using their own money to attract larger vessels. In its recent written document sent to the ministry, the city government said …

HCM City will take measures to turn the Hiep Phuoc Industrial Park in Nha Be District into a port-based special economic zone, city authorities have said On Saturday, the chairman of HCM City People’s Committee, Le Hoang Quan, said he had asked the IP’s management board and responsible agencies to …

35 years after Vietnam and the Philippines established diplomatic ties, the bilateral relations have thrived in most areas like politics, economy, trade and investment, science, technology, agriculture and fisheries. Commercially, the two-way trade has increased steadily year after year, from US$541 million in 2000 to around US$2.2 billion in 2008, …

The recent economic crisis has proved that domestic businesses should not depend solely on traditional markets like the EU, US and Japan, and should expand investment and business activities into the Middle Eastern and African markets so as to disperse the risk, a senior official said on September 20. Bui …

Vietnam’s total export turnover in the first eight months of 2011 reached an estimated USD 60.8 billion, a year-on-year increase of 33.7 percent, reported the General Statistics Office. Export turnover for the domestic economic sector was posted at USD 28.1 billion, representing 46.2 percent of that of the country and …

The Investment and Trade Promotion Centre in HCM City has conducted a fact-finding tour of the Philippines with a population of 92 million to boost exports to this potential market. During the tour, the Saigon Agriculture Corporation signed two rice export contracts worth US$6 million and Hoang Anh Gia Lai …