A prominent issue for many Vietnamese businesses concerns the proposed narrowing of the 0 per cent VAT rate for export services.
Coffee prices have been steadily increasing over the past few months, leading export businesses to incur significant losses in order to fulfill orders.
The 16th International Processing and Packaging Exhibition for Vietnam, know as ProPak Vietnam 2023, will officially return from November 8 to 10, 2023, at the Saigon Exhibition and Convention Center.
The Northern area is home of lots of foreign companies in high-value sectors like computers, electronics, and electrical products, rubber and plastic, solar-related manufacturers.
Signs are now suggesting that it may be time for Vietnam’s external sector to brace for a bumpy road ahead, according to HSBC’s latest report.
ProPak Vietnam 2022 will take place from November 9 - 11, 2022 at SECC, District 7, Ho Chi Minh City.
For 2021, Siam Cement Group (SCG) in Vietnam reported revenue from sales of over $1,500 million, which is a 32 per cent increase year on year mainly from sales from new acquisition of Packaging, VKPC operation and chemicals operation (TPCVINA), as well as export sales from Thailand and ASEAN to Vietnam.
Quickly identifying and capturing opportunities in a potential market like Vietnam, WHA Group is accelerating its expansion in different fields in addition to industrial zone developments.
The two projects represent a total gross area of nearly 1,200 hectares. Their construction is scheduled in 2022 and 2023, following WHA's 3,200ha industrial zone located in Nghe An province.
The central province has granted the investment registration certificate to a $100 million project and the investment memorandum for a $300 million project.
Despite rising trade protectionism worldwide, Vietnam continues to set new export records and has emerged as the next manufacturing hub, CBRE said.
David Nardone, group executive - industrial and international, WHA Industrial Development Plc believes that the opportunities in Vietnam are substantial and attractive, especially after its effective response to the Covid-19 pandemic.
A possible deceleration in 2020 growth of Vietnam's main export markets would weigh on its growth.
The US-based media service provider has expressed its desire to strengthen its footing in the country through proper investments in human resources and film coproduction for export purposes.
