Other Briefings
Singapore-Vietnam in 2015: Trade and Investment Partners
As investment and trading partners, Singapore and Vietnam have proven to be an unstoppable combination – with 2014 bilateral trade up 20.3 percent year on year. Vietnam’s strategic location, low-cost labor, burgeoning consumer class, and incentives to foreign investors have made Vietnam an attractive destination for Singaporean foreign direct investment (FDI). While Singapore, with the highest GDP per capita in ASEAN, remains a prime market for Vietnamese exporters.
Turkey Launches Anti-Dumping Probe into Malaysia, Vietnam Steel Re-Exports
The Vietnam Competition Authority has announced that Turkey’s Ministry of Economy is investigating steel products imported from Malaysia and Vietnam following a complaint by M/s Jindal Stainless Limited.
Economic Growth Puts Vietnam on Track to Become Largest ASEAN Supplier to the U.S.
The American Chamber of Commerce (AmCham) predicts that Vietnam will become the largest ASEAN supplier to the United States by the end of 2014 – with a net export value of around US$29.4 billion. This would be a historical achievement for a nation surrounded by supply giants. In fact, Vietnam is likely to become the wealthiest Southeast Asian country in terms of trade. Additional statistics indicate that bilateral trade with the United States will surge to US$57 billion by 2020, cementing Vietnam’s prominence as a valuable hub for foreign investment and trade.
Vietnam Ranks as 2nd Most Attractive Nation in ASEAN for US Business
According to survey results recently released by the U.S. Chamber of Commerce in Singapore, Vietnam is the second most popular destination for U.S. business expansion among the member states of the Association of Southeast Asian Nations (ASEAN). Indonesia took the top position.
Singapore and Vietnam Sign MOU on Intellectual Property
Singapore and Vietnam committed to greater collaboration on intellectual property (IP) utilization and protection in a Memorandum of Understanding (MOU) signed on Wednesday, July 2. The two countries signed the agreement during the four-day 44th Asean Working Group on Intellectual Property Cooperation (AWGIPC) meeting in Ho Chih Minh City this week.
Vietnam and Myanmar Sign MoU to Strengthen Mutual Cooperation in the Banking Sector
Vietnam and Myanmar are building economic ties, primarily in the banking sector, after signing a memorandum of understanding on cooperation between a state-owned Vietnamese bank and a Myanmar industrial-related bank in Yangon earlier this month.
U.S. Imposes Anti-Dumping Duty on Steel Products from Thailand, Malaysia and Vietnam
The U.S. Department of Commerce announced its decision last week to impose an anti-dumping duty on stainless steel pressure pipes imported from Thailand, Malaysia and Vietnam.
Vietnam Granted Largest Loan Yet from ASEAN Infrastructure Fund
Last week, the ASEAN Infrastructure Fund (AIF) approved a US$100 million loan to finance a power transmission project in Vietnam while giving the green light to several other infrastructure projects in the region.
Vietnam Online – Understanding Vietnam’s E-commerce Market
Vietnam, like much of Asia, has a growing middle class which, in-turn, is spawning a strong consumer culture. Within the country, e-commerce is fast becoming the preferred method of shopping, particularly among the young.
An Introduction to Doing Business in Vietnam 2014 (Second Edition)
An Introduction to Doing Business in Vietnam 2014 (Second Edition) provides readers with an overview of the fundamentals of investing and conducting business in Vietnam. This guide explains the basics of company establishment, annual compliance, taxation, human resources, payroll, and social insurance in the country.
