KIZUNA Weekly Highlights – 2nd week of August 2019
The trade fight between the United States and China is getting worse. This week, investors could get a reality check on what that means for economies and companies.
Nearly 70 percent of Japan’s major companies view the economy as having leveled off and 10 percent believe it has already started to contract, affected partly by the prolonged U.S.-China trade dispute.
Locally made products being traded on the Vietnamese market may not be allowed to bear labels written in foreign languages, according to a draft circular prepared by the Ministry of Industry and Trade.
On August 8, the Ministry of Oceans and Fisheries (MOF) said that it held a trade consultation on fishery products at Ho Chi Minh, Vietnam on the previous day, resulting in export contract consultations worth KRW 26.6 billion.
Deputy Prime Minister Vuong Dinh Hue has praised Japanese retail giant AEON’s investment decisions in Hanoi, Ho Chi Minh City, and Binh Duong in the past time.
The Ministry of Industry and Trade and Google on August 15 officially established strategic partnership on expanding Google's Digital 4.0 Program, which aims to train digital skills for 500,000 workers working for small and medium-sized enterprises (SMEs) within three years.