Search Results for: Vietnamese
10 results out of 256 results found for 'Vietnamese'.
VITAS WELCOMES PROPOSED INDUSTRIAL ZONES NEEDED TO ADVANCE VIETNAM TEXTILE INDUSTRY
The Vietnam Textile and Apparel Association (VITAS) has told WTiN that it strongly supports a proposal from Vietnam’s ministry of industry and trade to develop large textile industrial zones to attract investment for fabric and yarn production, as well as dyeing.…
INDONESIA TEXTILE SECTOR WELCOMES LAUNCH OF EU TRADE TALKS
The Indonesian Textiles Association (API – Asosiasi Pertekstilan Indonesia) has told WTiN.com that it enthusiastically endorses the opening of negotiations between the European Union (EU) and Indonesia to forge a Comprehensive Economic Partnership Agreement (CEPA) free trade deal.
The goal of the talks announced in July will be to create an agreement that goes beyond traditional agreements that focus on duty and quota abolition, to include removing non-tariff barriers through regulatory mutual recognition and harmonisation.…
VIETNAM AND CAMBODIA’S NEW NATIONAL MINIMUM WAGE TALKS BEGIN
MINIMUM wage reviews are underway in the Association of Southeast Asian Nations (ASEAN) countries of Vietnam and Cambodia, with employers seeking to keep payrolls low to help them compete in international trade.
Vietnam’s National Wage Council on August 2 proposed increasing the country’s regional minimum wage (RMW) by 7.3%, the lowest level in nearly a decade – rates vary according to regions across the country.…
ASEAN COMMON MARKET IS NO LABOUR FREE-FOR-ALL, BUT LOCAL HR DEPARTMENTS OUTLOOK IS SHIFTING
WITH personnel managers in Britain and continental Europe worrying about the impact of the UK’s Brexit vote to quit the European Union (EU), human resources experts in the 10 country Association of Southeast Asian Nations (ASEAN) bloc are facing the opposite challenge, an increase in freedom of movement of workers.…
IN VIETNAM, COATINGS DEMAND EASILY OUTPACING STRONG ECONOMIC GROWTH
Vigorous expansion of export-oriented manufacturing and construction in 2015 spurred the fastest GDP growth in Vietnam in seven years, at 6.7% year-on-year, according to the Asian Development Bank. And although coatings consumption correlates generally well with economic growth, in Vietnam the 2015 year-on-year coatings production increase outpaced general economic expansion – it rose 11.1% year-on -year in 2015, to Vietnamese dong VND13 trillion (USD587 million), according to market researcher Euromonitor International.…
THAI AUTO SECTOR AWAITING SHOT IN THE ARM AMID PROSPECT OF TARIFF-FREE EXPORTS TO VIETNAM
Thailand-based automotive original equipment manufacturers (OEMs) are set to benefit from the expansion of an existing auto tariff-free zone to Association of Southeast Asian Nations (ASEAN) members Cambodia, Laos, Myanmar and Vietnam in 2018. These would then join this ASEAN-linked trading zone’s member countries Brunei, Indonesia, Malaysia, the Philippines, Singapore and Thailand to forge an ASEAN-wide automotive market bloc.…
VIETNAM TEXTILE SECTOR FACES CHALLENGES, OPPORTUNITIES FROM FREE TRADE AGREEMENTS
VIETNAM’S textile sector faces significant challenges as it seeks to profit sustainably from new commercial opportunities offered by international trade deals, such as the Trans-Pacific Partnership (TPP), a major industry conference has been told. The Vietnam Textile Summit 2016 was held from June 29-30, at The Reverie Saigon, an upscale hotel in downtown Ho Chi Minh City (HCMC).…
SOUTHEAST ASIA PERSONAL CARE PRODUCT MARKETS GROWING IN SCALE AND SOPHISTICATION
South-east Asia is a region that has sharp contrasts in economic development, from between the wealth of Singapore to countries such as Myanmar, where poverty is endemic and consumer markets are relatively undeveloped.
Such contrasts pose challenges for personal care product companies seeking regional strategies to tap the markets of the Association of Southeast Asian Nations’ (ASEAN) 10 countries, whose cosmetics suppliers have to comply with the standards of the ASEAN Cosmetics Directive, which was modelled on European Union legislation.…
ASEAN AUTOMOTIVE TRADE DEAL COULD CONCENTRATE AUTO TRADE PRODUCTION IN SOUTH EAST ASIA
Asian paint and coatings manufacturers are set to benefit from the expansion of an existing automotive tariff-free zone spanning Association of Southeast Asian Nations (ASEAN) member countries Brunei, Indonesia, Malaysia, the Philippines, Singapore and Thailand to Cambodia, Laos, Myanmar and Vietnam.…
JAPANESE INVESTMENTS AND MACHINERY SALES FITTING VIETNAM UP FOR TEXTILE RULE OF ORIGINS COMPLIANCE
Japanese engagement in Vietnam’s textile and garment sectors continues to strengthen discernibly, as the southeast Asian manufacturing centre is set to become a global clothing exporting powerhouse under the newly concluded free trade agreements. These include the Vietnam-European Union free trade deal (EVFTA) and the Trans-Pacific Partnership (TPP), which will give Vietnamese exporters better access to American markets.…