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Vietnam firms told to be ready for legal challenges when exporting to US

Inspection of dragon fruit by the US Animal and Plant Health Inspection Service at the Sơn Sơn Irradiation Company in HCM City’s Bình Tân District. - VNS HO CHI MINH CITY (Vietnam News/ANN): Vietnamese enterprises must be well prepared for legal issues if they seek to export to the US market, a seminar heard in HCM City last week. Trần Phú Lữ, deputy director of the Investment and Trade Promotion Centre of HCM City (ITPC), said the US is Vietnam’s largest export market and major items include seafood, textiles, footwear, and farm produce.

Airport logistics companies in Vietnam report profits despite pandemic

12:18 PM MYT Nội Bài Cargo Terminal Services (NCT) reported revenue in the fourth quarter of 2020 of VNĐ205.6 billion (US$8.9 million), an increase of 11 per cent in the same period last year. Photo cafef.vn HANOI (Vietnam News/ANN): Although the aviation industry was ravaged by the Covid-19 pandemic, logistics companies at airports still maintained operations. Nội Bài Cargo Terminal Services (NCT) reported revenue in the fourth quarter of 2020 of VNĐ205.6 billion (US$8.9 million), an increase of 11 per cent over the same period last year. It announced post-tax profit of VNĐ52.5 billion, an increase of 5.6 per cent. The company attributed the profit increase to the receipt of a dividend of VNĐ7.1 billion from the out-of-business investment.

Vietnam s tourism industry poised for growth post-pandemic

Visitors at Nguyễn Huệ pedestrian street in downtown Ho Chi Minh City. VNA/VNS HO CHI MINH CITY (Vietnam News/ANN): Given Vietnam’s successful control of Covid-19, experts in tourism and hospitality have predicted a positive outlook for the country s tourism industry post-Covid crisis. Upcoming opportunities include investing in domestic travel, new tourism products, high-quality human resources, digitalisation in tourism, and infrastructure to help the country shine on both the local and international stage, local and international tourism industry leaders said at a roundtable organised by RMIT University on Wednesday (Jan 20). Promoting domestic tourism and building smart tourism are the major objectives of the city’s tourism sector this year, said Lê Trương Hiền Hòa, director of the HCM City Tourism Promotion Centre.

Vietnam sets up e-commerce platform for high-quality goods

HO CHI MINH CITY (Vietnam News/ANN): An e-commerce platform to sell products designated as high-quality was launched on Thursday (Jan 21) by the Business Association of High Quality Vietnamese Products and Digital Transformation for SMEs Group. Phạm Nguyễn Thiên Thư, an executive of the association, said the platform would “act as an official channel for promoting products under the Vietnamese High Quality Products programme.” It will help the association’s members promote their brands and customers buy high-quality and genuine goods. The platform aims to attract around 600 businesses from a variety of industries such as confectionery, food and textiles.

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