Vietnam Trade Office in Canada

The automobile market is expected to boom this year as the Government mulls a number of favourable policies to help reduce costs, improve demand and increase output. Last November, a special consumption tax policy was proposed by the Ministry of Finance to reduce or waive the tax on domestically made car components, which can help reduce costs. Meanwhile, a proposal to...

As Vietnam prepares to enter a new development period in 2021 amid global economic changes and the widespread influence of Industry 4.0 and free trade agreements, the country is seeking to increase its appeal to private investors so that it can access more resources to cover its development needs. Le Net and Vu Thi Thinh from LNT & Partners...

The Vietnamese textile and garment industry continued its big role as a key driver of Vietnam’s exports. Chairman of the Vietnam Textile and Apparel Association Vu Duc Giang talked with VIR’s Phuong Thu about how local firms can capitalise on free trade agreements and weather difficulties to move forward sustainably. How did the Vietnamese textile and garment industry fare in...

The transport sector could make a breakthrough in investment mobilisation for national key projects this year. Minister of Transport Nguyen Van The discussed with VIR’s Bich Thuy the solutions to successfully achieve the 2016-2020 infrastructure development goals and creating a driving force for the following years. Minister of Transport Nguyen Van The Construction sites have been bustling, especially in the second...

The transport sector could make a breakthrough in investment mobilisation for national key projects this year. Minister of Transport Nguyen Van The discussed with VIR’s Bich Thuy the solutions to successfully achieve the 2016-2020 infrastructure development goals and creating a driving force for the following years. Construction sites have been bustling, especially in the second half of 2019 with a...

Last year was another record year for industrial and logistics real estate in Vietnam when foreign direct investment (FDI) into manufacturing remained positive. Amid the rising cost of production in China, businesses began their relocation processes to alternative locations in Southeast Asia, including Vietnam. In fact, a recent surge of demand for setting up production plants in Vietnam has made...

The year 2019 featured significant targets and milestones – both for the five-year Socio-economic Development Plan (2016-2020) and the 10-year Socio-economic Development Strategy (2011-2020). In order to mark these major milestones, Minister of Industry and Trade Tran Tuan Anh brings exposure to the major orientations for industry and trade in 2020, setting the limelight on export-import, administrative reforms, and...

ietnam is the fastest-growing digital economy in the region, in large part due to investment inflow which is still on an unprecedented rise. Over the last four years, approximately US$1 billion in funding has poured into Vietnam's e-commerce sector, reaching a record high in 2019.  At the same time, the last two years has seen the emergence of Vietnamese e-commerce players,...

Vietnam is now becoming one of the “brightest star” in the wood-based furniture production and exports for the world, with furniture exports accounting for about 6% of the global market share, with large markets as: USA, Japan, China, EU, Korea and some new potential markets such as Canada, Russia, India ... In the first 9 months of 2019, Vietnam's export...

The Party Staff-Member Board of Ministry of Industry and Trade (MOIT) has just issued Resolution No. 21-NQ/BCSĐ, dated January 10, 2020 on the principles and  processes for adjusting and supplementing the power projects into the power development planning (PDP) in an order of prioritizing the grid first, power plant latter, and prioritizing the areas with a few renewable energy...