The conclusion of negotiations towards the signing of the Vietnam - Israel Free Trade Agreement (VIFTA) has opened up new and potential opportunities for Vietnam's exports, and now is time for businesses to understand Israeli people’s needs and tastes to promptly enter this new market, according to insiders.
There is great potential for Vietnam and New Zealand to further strengthen cooperation in terms of trade, industry and investment, said Deputy Minister of Industry and Trade Phan Thi Thang at the 8th meeting of the Vietnam-New Zealand Joint Trade and Economic Commission (JTEC) held in Hanoi on May 23.
Value-added tax (VAT) in Indonesia is imposed on the provision of services or the transfer of taxable goods. Businesses are required to register for VAT once they reach an annual revenue of 4.8 billion rupiah (US$321,677). However, companies earning lower annual revenue can register voluntarily.
Trade experts from the Organization for Economic Co-operation and Development (OECD) have urged Asia-Pacific Economic Cooperation (APEC) member economies to resolve barriers to services trade or stand to lose out both economically and socially.
British International Investment (BII), the UK’s development finance institution and impact investor, announced a US$15 million commitment to the SUSI Asia Energy Transition Fund (SAETF) to support green energy transition in Southeast Asia, including Viet Nam.
The COVID-19 pandemic posed a tremendous economic challenge, especially for emerging economies such as Indonesia. But it also marked a watershed moment for the country’s economic reform efforts. The crisis enabled Indonesia to reduce its reliance on volatile foreign capital inflows and rethink its growth pathway.
Currently, the Regional Comprehensive Economic Partnership (RCEP) is the world’s largest free trade agreement (FTA) outside of the World Trade Organization (WTO).
Malaysian durian expert Lim Chin Khee visits China every two months to help farmers grow the pungent tropical fruit.
<p>Time: 2024 By: Ministry of Industry and Trade</p>
