VIETNAM AND EUROPEAN UNION WILL ELIMINATE OVER 99% IMPORT TARIFFS ON EACH OTHER

At a press conference on October 30th in Vietnam informed of important agreements between Vietnam and European Union (EU), Mr. Bruno Angelet – Ambassador, Head of Delegation of the European Union (EU) said that early August 2015, the EU and Vietnam has announced the conclusion of negotiations but the negotiation group continues to resolve the remaining technical issues, while improving documents. Once completed, the Agreement must be approved...

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EMART HYPERMARKET (KOREA) OFFICIALLY JOINS VIETNAM MARKET

After 5 years of conducting the survey and researching the market of Vietnam, the leading retail group from Korea – Emart (owned by Shinsegae Group) has officially entered Vietnam market by opening the first Emart hypermarket in Vietnam on December 28th 2015 in 366 Phan Van Tri street, ward 5, Go Vap district, Ho Chi Minh City (HCMC). Go Vap Emart Hypermarket has over 3 ha in area with a total investment of up to 60 million USD...

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Discover a Small Paris through 5 Architectural Works of Hanoi

Albeit being such a small city, Hanoi’s architecture is a mixture of both domestic and foreign influence. Hanoi contains in it the ancient style of feudal past, modern 21st century to Soviet-inspired monotone blocks, and that ofeternally-valuable French design. In the process that shapes up Hanoi as of today, a number of the city’s buildings clearly show the distinctive imprint of French architecture. The influence is obvious...

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CONTRACTS SIGNED WHEN PRESIDENT OBAMA VISITS VIETNAM

There have been series of cooperation contracts that are signed between the AmCham (American Chamber of Commerce in Vietnam) members and Vietnam businessesafter the first day that President Barack Obama visits Vietnam. On the trip to Vietnam of President Obama, AmCham and VCCI jointly organized the corporate event in Hanoi. At the event, the signing of agreements between member companies of AmCham and Vietnamese partners are took place. In particular,...

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Vietnam Prepares for Wave of Russian Tourist

Currently, there were complicated situations occurred in the favorite destinations of Russian tourists such as Egypt, Turkey and Goa of India, the Russian Government recommend, forbidden or even stop the tours and flights to these destinations. Such names as Vietnam, Cuba and China were recommended as safe destinations for Russian citizens to travel. Nha Trang Beach of Vietnam The A321 of Kogalymavia Airlines (Russia) had an accident...

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Vietnam in Top 20 Destinations to Living in the World

Althought the economy is not too rich like many developing countries, visitor still plus destination to Vietnam by owning many scene nice and the food. Vietnam in  20 top destinations  to living in the World Business Insider Page recently has suggested for many peoples tired of life at home and looking for new environment to do again the begining . Vietnam ranks 16th among the top  20 most liveable , higher than...

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SAIGON CO.OP COOPERATED WITH WILMAR (JAPAN) TO BUILD SAUCE FACTORY

Nam Duong International Food Co., Ltd will implement the project with a total investment capital of 577.2 billion VND (equivalent to 25.6 million USD) to build a new factory in Hiep Phuoc Industrial Zone (Nha Be, Ho Chi Minh City). Accordingly, Nam Duong International Food Co., Ltd is a joint venture between Saigon Co-op (a large retailer in Vietnam) and Wilmar International Limited (Singapore) with the capital contribution ratio...

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VIETNAM RETAILING 2015: FIERCE COMPETITION

It is easy to see that 2015 was a very active year of Vietnam’s retail market, especially in merger and acquisition (M&A), association and joint venture activities… both in manufacturing and trading of retail businesses such as Kinh Do, Citimart, Metro and Nguyen Kim. According to Euromonitor International – a market research firm, the retail sales in Asia – Pacific was about 4,000 billion USD in 2012 then the top 500 leading...

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RISK MANAGEMENT: A VITAL ELEMENT WHEN DOING BUSINESS

Risk management is a vital element when doing business but so far, not many enterprises concern about it. According to a recent survey with 522 companies, there are only 43 comanies, accounting for about 8%, have the independent risk management department in their business. More noteworthy, the majority of these 43 companies operating in the banking and financial sector, which has nothing new to risk management. In fact, not all...

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