The recent economic growth rates in Vietnam and the rising young middle income class have garnered much interest among entrepreneurs looking for potential e-commerce opportunities.
Vietnam’s exports will continue enjoying the European Union’s generalised system of preferences (GSP) - which provides developing countries with unilateral tariff preferences, for the 2014 – 2016 period, starting from January 1, 2014.
In response to information that Fonterra’s Karicare Infant Formula and Similac Gain Plus Eye-Q dairy products are tainted with Clostridium Botulinum, the Vietnam Food Administration (VFA) has asked importers to recall all such products from shelves across the country.
The macro economic indexes are improving. Deputy head of Ministry of Planning and Investment’s Central Institute for Economic Management Vo Tri Thanh said this would create room for applying more flexible policies to support the business community.
National Assembly (NA) Chairman Nguyen Sinh Hung has urged the capital city of Hanoi to further leverage its role as an economic hub and a key driving force in the north and the entire country as well since its administrative boundary has been expanded in 2008.