Ministry plans to eliminate import duties on auto parts
The Ministry of Finance plans to eliminate import taxes on auto materials and parts in order to support the development of the country's automobile industry.
Có 144 kết quả được tìm thấy
The Ministry of Finance plans to eliminate import taxes on auto materials and parts in order to support the development of the country's automobile industry.
Local firms must prepare strategic digital transformation blueprints in line with technological changes emerging from Industry 4.0 in order to keep up with market trends, insiders have noted.
Defining the support industry and the automobile assembly and manufacturing as spearhead sectors of the local economy, the northern province of Ninh Binh has in the past few years adopted incentives and policies to develop these fields.
The northern province of Ninh Binh was ranked 29th in the 2018 Provincial Competitiveness Index (PCI), scoring 63.55 points, as announced by the Vietnam Chamber of Commerce and Industry (VCCI).
The northern province of Ninh Binh recored an industrial production index growth of 21.4 percent in the first quarter of 2019, according a report released by the Department of Industry and Trade.
The Viet Nam Chamber of Commerce and Industry (VCCI) and the US Agency for International Development (USAID) have jointly released the latest Provincial Competitiveness Index (PCI) Report which measures improvements of local-level business environment in 2018.
Ninh Binh's rapidy growing industrial production in recent years has led to the great demand for raw materials, components, equipment and accessories serving production. However, enterprises operating in support industries have so far accounted for a small proportion of the locality's total industrial production value. Recognising the important role of the support industries, the Government, ministries, and Ninh Binh province have issued numerous documents to boost the development of the support industries.
The northern province of Ninh Binh is striving to become one of the tourism hubs of Vietnam by 2020 and to turn tourism into a spearhead industry of the local economy by 2030.
Five commodities had export values exceeded US$1 billion in August, according to the Ministry of Industry and Trade.
Vietnam could face the risk of power shortages in the early years of the 2020-2030 period, an industry official warned at the annual Vietnam Energy Forum held on August 9.
Prime Minister Nguyen Xuan Phuc attended the opening ceremony for the Industry 4.0 Summit and Expo 2018 in Hanoi on July 13.
Updating technology and revamping administration are crucial for the existence and development of Vietnamese businesses amidst the fourth industrial revolution, experts said at a workshop in Ho Chi Minh City on April 12.
Approximately 89.6% of surveyed enterprises in the manufacturing industry said that their business and production activities will be stronger and more stable in the second quarter of 2018.
The tourism industry saw a strong start in 2018 as the international tourist arrivals to Vietnam reached over 4.2 million people in the first quarter of the year, an increase of 30.9 percent year on year.
Vietnam's Ministry of Industry of Trade (MOIT) has launched the Earth Hour campaign with all 63 provinces and centrally-governed cities stating that unnecessary lights will be turned off on March 24.
Skechers USA, a major footwear maker based in California, is studying a plan to invest in Vietnam in a project that probably needs 20,000 workers. The project marks a good start for the local footwear industry.
In 2018, Vietnam's tourism industry will focus on solving obstacles to develop tourism into a spearhead economic sector and raise the image of Vietnam in foreigners' eyes.
Vietnam recorded a trade surplus of 2.76 billion USD in the first 11 months of the year, or 1.4 percent of total export turnover, according to the Ministry of Industry and Trade (MoIT).
The year 2017 is a successful year of the industrial sector as it posted high export growth and industrial production index, contributing significantly to the province's GDP growth, creating jobs, boosting goods sales, and spurring socio-economic development.
Prime Minister Nguyen Xuan Phuc said the fourth industrial revolution (Industry 4.0) presents the opportunity for the country to realize its dream of prosperity when addressing an international exhibition on Smart Industry World 2017 in Hanoi on December 5.
The Vietnamese electronics industry is proving an attractive destination for foreign investors, particularly Japanese businesses.
The Ministry of Industry and Trade (MoIT) will complete the reduction of administrative procedures in the third quarter of the year, with two-thirds out of 443 being removed.
After 30 years of strong and stable growth, the Vietnam economy is moving into a more challenging period. Although many of its economic fundamentals remain strong, the country's manufacturing industry need to shift its productivity to higher standard.
Ninh Binh's Department of Industry and Trade has over the years cooperated with relevant branches, and sectors to launch synchronous measures to improve the investment environment, remove difficulties, and increase competitiveness for enterprises.
Prime Minister Nguyen Xuan Phuc had a dialogue with leading German businesses operating in various fields such as information-technology, finance, healthcare, agriculture, and hi-tech industry in Berlin in July 6th.