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Trang also pointed out that with regard to the CPTPP, the country has faced an array of difficulties in taking full advantage of tariff incentives on garments and textiles as Vietnamese products must adhere to rules of origin whereby a certain ratio of materials from a product must originate from other CPTPP members. Currently, most of the nation’s supply sources of materials originate from China. … [Read more...] about BUSINESS NEWS OCTOBER 12

According to Trinh Quoc Vu, deputy head of Energy Saving under the Ministry of Natural Resources and Environment, with some 6,000 factories employing more than 3 million people, the industry is both economically and socially important for the country. However, the sector has an adverse environmental impact. Intensive water extraction, use and discharge of wastewater and high energy consumption for water heating and steam generation are all environmental concerns. … [Read more...] about VIETNAM BUSINESS NEWS HEADLINES OCTOBER 13

On behalf of the Political Bureau, Pham Minh Chinh, Politburo member, Secretary of the Party Central Committee and Chairman of the Party Central Committee’s Organisation Commission, presented the Political Bureau’s acquirement and explanation report on ideas discussed by the Party Central Committee on the draft report reviewing the implementation of Party building work and enforcement of the Party Statute of the 12th term. … [Read more...] about VIETNAM POLITICAL NEWS HEADLINES OCTOBER 13

Speaking at the ceremony, Ms. Rebecca Bryant, Charge d’Affaires a.i. of the Australian Embassy said: ‘Deeper, stronger ties between our innovation systems is a key goal for our strategic partnership with Vietnam and the Innovation Partnership Grants provide excellent opportunities to nurture innovative ideas and scale on-going partnerships between Australian and Vietnamese organisations. I’m delighted to see more and more collaboration between the research institutions of our two countries.’ … [Read more...] about VIETNAM NEWS HEADLINES OCTOBER 13

"I evacuated because my roof was ripped off by the other typhoon and rain came in. I'm so worried about my house," a 93-year-old man told national broadcaster NHK as he sheltered at a centre in Tateyama in Chiba east of Tokyo. … [Read more...] about One dead as ‘unprecedented’ Typhoon Hagibis slams into Japan

The attractiveness of Viet Nam's real estate market is explained by a number of factors, such as attractive selling prices, high profit potential and high quality products, according to Nguyen Khanh Duy, Director of HCM City Residential Sales, Savills Viet Nam’s branch in HCM City. … [Read more...] about Vietnam real estate still an attractive prospect