The first meeting of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) Commission ended in Tokyo, Japan, on Saturday with a joint statement adopted by ministers in charge of economy and trade from 11 member nations.
A few years ago, Samsung, a world-leading electronics company, encouraged local Vietnamese firms to produce spare parts for its factories. However, the firm struggled to find Vietnamese suppliers capable of making simple components like screws, chargers and keyboards to adequate standards.
The Ministry of Industry and Trade has proposed not raising electricity prices during the month before and after the upcoming Lunar New Year holiday, or Tet, as it is inappropriate to introduce the new price increase at that time, VietnamPlus news site reported, citing Deputy Minister Do Thang Hai.
Toyota Vietnam announced that it had set a new record in revenue for auto parts exports and auto sales last year. The company sold 65,856 cars in the local market and posted US$71 million in export revenue for automobile accessories, both rising 11% year-on-year.
The Vietnamese government will focus on the development of the digital economy as this will be the locomotive for the country’s fast and sustainable growth, Prime Minister Nguyen Xuan Phuc said at the 2019 Vietnam Economic Forum in Hanoi on Thursday.
Son La Province’s "Strawberry and Safe Agricultural Products 2019 Week” was launched on Friday at Big C Thang Long in Ha Noi.
The garment and textile sector was forecast to suffer the most from goods origin regulations under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), said Bui Kim Thuy, the country representative for Viet Nam at the US-ASEAN Business Council.
Marubeni Group from Japan on Thursday kicked off construction on its new paperboard mill project, worth VND4.81 trillion (US$206 million), in the southern province of Ba Ria – Vung Tau.
PetroVietnam Gas Corporation (PV Gas), PetroVietnam Southern Gas Joint Stock Company (PV Gas South) and Japan Cooperation Centre Petroleum (JCCP) signed a co-operation agreement on Thursday to develop a liquefied petroleum gas (LPG) distribution management system.
Swedish furniture retail giant IKEA plans to invest an estimated $450 million to set up a retail system and warehouses in Hanoi.