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The customs sector will continue to introduce measures to help Vietnamese enterprises fully tap the benefits brought about by free trade agreements (FTAs) Vietnam has signed with foreign partners, an official from the General Department of Vietnam Customs has said.
MAKATI CITY, March 17 -- The Board of Investments (BOI) recently gave the nod to the application of TRINX Bicycle Sport Technology Corp. (TBSTC) as a new Export Producer of Bicycles which qualifies the company for incentives under the Export Activities category of the 2020 Investment Priorities Plan (IPP). The P356.4 million project will manufacture road and mountain bikes, foldable electric bikes (e-bikes), and other bike variants in its proposed plant in Sta. Maria, Bulacan. TBSTC is expected to export at least 75 percent of its production to the United States and Europe with the rest t...
Workers at a garment and textile firm (Photo: VNA) HCM City (VNA) - The spread of COVID-19 around the world created difficulties for businesses in promoting their products and seeking new customers but many were prompted to change trade promotion strategies and adapt. Bui Thi Thanh An, Vice Director of the Trade Promotion Agency at the Ministry of Industry and Trade, said nearly 50 national-level trade promotion programmes were cancelled or postponed last year due to the pandemic. This had a major effect on export activities and the economy in general, she said. To address the situation, th...