Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

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		&#039;description&#039; =&gt; &#039;&lt;p style=&quot;text-align:justify&quot;&gt;-The Hindu&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;With reforms promoting innovation and lowering the cost of doing business, India is poised to attract the best investments&lt;/em&gt;&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;Vietnam and Bangladesh are on a roll. While Bangladesh has become the second largest apparel exporter after China, Vietnam&amp;rsquo;s exports have grown by about 240% in the past eight years. What has helped them? And what can India learn from them?&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;Two nations and their success stories&lt;/em&gt;&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;An open trade policy, a less inexpensive workforce, and generous incentives to foreign firms contributed to Vietnam&amp;rsquo;s success. Vietnam pursues an open trade policy mainly through Free Trade Agreements (FTAs) which ensure that its important trading partners like the U.S., the EU, China, Japan, South Korea and India do not charge import duties on products made in Vietnam. Vietnam&amp;rsquo;s domestic market is open to the partners&amp;rsquo; products. For example, 99% of EU products will soon enter Vietnam duty-free.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;Vietnam has agreed to change its domestic laws to make the country attractive to investors. Foreign firms can compete for local businesses. For example, EU firms can open shops, enter the retail trade, and bid for both government and private sector tenders. They can take part in electricity, real estate, hospital, defence, and railways projects. This model may not be good for India as it offers no protection to farmers or local producers from imports. Vietnam being a single-party state can ignore domestic voices.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;Over a decade or so, large brands such as Samsung, Canon, Foxconn, H&amp;amp;M, Nike, Adidas, and IKEA have flocked to Vietnam to manufacture their products. Last year, Vietnam received investments exceeding $16 billion. As a result, Vietnam&amp;rsquo;s exports rose from $83.5 billion in 2010 to $279 billion in 2019.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;In Bangladesh, large export of apparels to the EU and the U.S. make the most of the country&amp;rsquo;s export story. The EU allows the import of apparel and other products from least developed countries (LDCs) like Bangladesh duty-free. Sadly, Bangladesh may not have this facility in four to seven years as its per capita income rises and it loses the LDC status. Bangladesh is working smartly to diversify its export basket. India, as a good neighbour, accepts all Bangladesh products duty-free (except alcohol and tobacco).&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;Please &lt;a href=&quot;https://www.thehindu.com/opinion/op-ed/lessons-from-vietnam-and-bangladesh/article33060511.ece?homepage=true&quot;&gt;click here&lt;/a&gt; to read more.&lt;/p&gt;
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With reforms promoting innovation and lowering the cost of doing business, India is poised to attract the best investments

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Cake\View\View::render() - CORE/src/View/View.php, line 885
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With reforms promoting innovation and lowering the cost of doing business, India is poised to attract the best investments

Vietnam and Bangladesh are on a roll. While Bangladesh has become the second largest apparel exporter after China, Vietnam&rsquo;s exports have..."/>
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                <strong>Lessons from Vietnam and Bangladesh -Ajay Srivastava</strong></h1>
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                <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>With reforms promoting innovation and lowering the cost of doing business, India is poised to attract the best investments</em></p><p style="text-align:justify">Vietnam and Bangladesh are on a roll. While Bangladesh has become the second largest apparel exporter after China, Vietnam&rsquo;s exports have grown by about 240% in the past eight years. What has helped them? And what can India learn from them?</p><p style="text-align:justify"><em>Two nations and their success stories</em></p><p style="text-align:justify">An open trade policy, a less inexpensive workforce, and generous incentives to foreign firms contributed to Vietnam&rsquo;s success. Vietnam pursues an open trade policy mainly through Free Trade Agreements (FTAs) which ensure that its important trading partners like the U.S., the EU, China, Japan, South Korea and India do not charge import duties on products made in Vietnam. Vietnam&rsquo;s domestic market is open to the partners&rsquo; products. For example, 99% of EU products will soon enter Vietnam duty-free.</p><p style="text-align:justify">Vietnam has agreed to change its domestic laws to make the country attractive to investors. Foreign firms can compete for local businesses. For example, EU firms can open shops, enter the retail trade, and bid for both government and private sector tenders. They can take part in electricity, real estate, hospital, defence, and railways projects. This model may not be good for India as it offers no protection to farmers or local producers from imports. Vietnam being a single-party state can ignore domestic voices.</p><p style="text-align:justify">Over a decade or so, large brands such as Samsung, Canon, Foxconn, H&amp;M, Nike, Adidas, and IKEA have flocked to Vietnam to manufacture their products. Last year, Vietnam received investments exceeding $16 billion. As a result, Vietnam&rsquo;s exports rose from $83.5 billion in 2010 to $279 billion in 2019.</p><p style="text-align:justify">In Bangladesh, large export of apparels to the EU and the U.S. make the most of the country&rsquo;s export story. The EU allows the import of apparel and other products from least developed countries (LDCs) like Bangladesh duty-free. Sadly, Bangladesh may not have this facility in four to seven years as its per capita income rises and it loses the LDC status. Bangladesh is working smartly to diversify its export basket. India, as a good neighbour, accepts all Bangladesh products duty-free (except alcohol and tobacco).</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/opinion/op-ed/lessons-from-vietnam-and-bangladesh/article33060511.ece?homepage=true" title="https://www.thehindu.com/opinion/op-ed/lessons-from-vietnam-and-bangladesh/article33060511.ece?homepage=true">click here</a> to read more.</p>               </font>
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&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;With reforms promoting innovation and lowering the cost of doing business, India is poised to attract the best investments&lt;/em&gt;&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;Vietnam and Bangladesh are on a roll. While Bangladesh has become the second largest apparel exporter after China, Vietnam&amp;rsquo;s exports have grown by about 240% in the past eight years. What has helped them? And what can India learn from them?&lt;/p&gt;

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&lt;p style=&quot;text-align:justify&quot;&gt;Vietnam has agreed to change its domestic laws to make the country attractive to investors. Foreign firms can compete for local businesses. For example, EU firms can open shops, enter the retail trade, and bid for both government and private sector tenders. They can take part in electricity, real estate, hospital, defence, and railways projects. This model may not be good for India as it offers no protection to farmers or local producers from imports. Vietnam being a single-party state can ignore domestic voices.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;Over a decade or so, large brands such as Samsung, Canon, Foxconn, H&amp;amp;M, Nike, Adidas, and IKEA have flocked to Vietnam to manufacture their products. Last year, Vietnam received investments exceeding $16 billion. As a result, Vietnam&amp;rsquo;s exports rose from $83.5 billion in 2010 to $279 billion in 2019.&lt;/p&gt;

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With reforms promoting innovation and lowering the cost of doing business, India is poised to attract the best investments

Vietnam and Bangladesh are on a roll. While Bangladesh has become the second largest apparel exporter after China, Vietnam&amp;rsquo;s exports have...&#039;
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With reforms promoting innovation and lowering the cost of doing business, India is poised to attract the best investments

Vietnam and Bangladesh are on a roll. While Bangladesh has become the second largest apparel exporter after China, Vietnam&rsquo;s exports have..."/>
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                <strong>Lessons from Vietnam and Bangladesh -Ajay Srivastava</strong></h1>
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                <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>With reforms promoting innovation and lowering the cost of doing business, India is poised to attract the best investments</em></p><p style="text-align:justify">Vietnam and Bangladesh are on a roll. While Bangladesh has become the second largest apparel exporter after China, Vietnam&rsquo;s exports have grown by about 240% in the past eight years. What has helped them? And what can India learn from them?</p><p style="text-align:justify"><em>Two nations and their success stories</em></p><p style="text-align:justify">An open trade policy, a less inexpensive workforce, and generous incentives to foreign firms contributed to Vietnam&rsquo;s success. Vietnam pursues an open trade policy mainly through Free Trade Agreements (FTAs) which ensure that its important trading partners like the U.S., the EU, China, Japan, South Korea and India do not charge import duties on products made in Vietnam. Vietnam&rsquo;s domestic market is open to the partners&rsquo; products. For example, 99% of EU products will soon enter Vietnam duty-free.</p><p style="text-align:justify">Vietnam has agreed to change its domestic laws to make the country attractive to investors. Foreign firms can compete for local businesses. For example, EU firms can open shops, enter the retail trade, and bid for both government and private sector tenders. They can take part in electricity, real estate, hospital, defence, and railways projects. This model may not be good for India as it offers no protection to farmers or local producers from imports. Vietnam being a single-party state can ignore domestic voices.</p><p style="text-align:justify">Over a decade or so, large brands such as Samsung, Canon, Foxconn, H&amp;M, Nike, Adidas, and IKEA have flocked to Vietnam to manufacture their products. Last year, Vietnam received investments exceeding $16 billion. As a result, Vietnam&rsquo;s exports rose from $83.5 billion in 2010 to $279 billion in 2019.</p><p style="text-align:justify">In Bangladesh, large export of apparels to the EU and the U.S. make the most of the country&rsquo;s export story. The EU allows the import of apparel and other products from least developed countries (LDCs) like Bangladesh duty-free. Sadly, Bangladesh may not have this facility in four to seven years as its per capita income rises and it loses the LDC status. Bangladesh is working smartly to diversify its export basket. India, as a good neighbour, accepts all Bangladesh products duty-free (except alcohol and tobacco).</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/opinion/op-ed/lessons-from-vietnam-and-bangladesh/article33060511.ece?homepage=true" title="https://www.thehindu.com/opinion/op-ed/lessons-from-vietnam-and-bangladesh/article33060511.ece?homepage=true">click here</a> to read more.</p>               </font>
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&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;With reforms promoting innovation and lowering the cost of doing business, India is poised to attract the best investments&lt;/em&gt;&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;Vietnam and Bangladesh are on a roll. While Bangladesh has become the second largest apparel exporter after China, Vietnam&amp;rsquo;s exports have grown by about 240% in the past eight years. What has helped them? And what can India learn from them?&lt;/p&gt;

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&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;With reforms promoting innovation and lowering the cost of doing business, India is poised to attract the best investments&lt;/em&gt;&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;Vietnam and Bangladesh are on a roll. While Bangladesh has become the second largest apparel exporter after China, Vietnam&amp;rsquo;s exports have grown by about 240% in the past eight years. What has helped them? And what can India learn from them?&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;Two nations and their success stories&lt;/em&gt;&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;An open trade policy, a less inexpensive workforce, and generous incentives to foreign firms contributed to Vietnam&amp;rsquo;s success. Vietnam pursues an open trade policy mainly through Free Trade Agreements (FTAs) which ensure that its important trading partners like the U.S., the EU, China, Japan, South Korea and India do not charge import duties on products made in Vietnam. Vietnam&amp;rsquo;s domestic market is open to the partners&amp;rsquo; products. For example, 99% of EU products will soon enter Vietnam duty-free.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;Vietnam has agreed to change its domestic laws to make the country attractive to investors. Foreign firms can compete for local businesses. For example, EU firms can open shops, enter the retail trade, and bid for both government and private sector tenders. They can take part in electricity, real estate, hospital, defence, and railways projects. This model may not be good for India as it offers no protection to farmers or local producers from imports. Vietnam being a single-party state can ignore domestic voices.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;Over a decade or so, large brands such as Samsung, Canon, Foxconn, H&amp;amp;M, Nike, Adidas, and IKEA have flocked to Vietnam to manufacture their products. Last year, Vietnam received investments exceeding $16 billion. As a result, Vietnam&amp;rsquo;s exports rose from $83.5 billion in 2010 to $279 billion in 2019.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;In Bangladesh, large export of apparels to the EU and the U.S. make the most of the country&amp;rsquo;s export story. The EU allows the import of apparel and other products from least developed countries (LDCs) like Bangladesh duty-free. Sadly, Bangladesh may not have this facility in four to seven years as its per capita income rises and it loses the LDC status. Bangladesh is working smartly to diversify its export basket. India, as a good neighbour, accepts all Bangladesh products duty-free (except alcohol and tobacco).&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;Please &lt;a href=&quot;https://www.thehindu.com/opinion/op-ed/lessons-from-vietnam-and-bangladesh/article33060511.ece?homepage=true&quot;&gt;click here&lt;/a&gt; to read more.&lt;/p&gt;
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With reforms promoting innovation and lowering the cost of doing business, India is poised to attract the best investments

Vietnam and Bangladesh are on a roll. While Bangladesh has become the second largest apparel exporter after China, Vietnam&amp;rsquo;s exports have...&#039;
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With reforms promoting innovation and lowering the cost of doing business, India is poised to attract the best investments

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                <strong>Lessons from Vietnam and Bangladesh -Ajay Srivastava</strong></h1>
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                <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>With reforms promoting innovation and lowering the cost of doing business, India is poised to attract the best investments</em></p><p style="text-align:justify">Vietnam and Bangladesh are on a roll. While Bangladesh has become the second largest apparel exporter after China, Vietnam&rsquo;s exports have grown by about 240% in the past eight years. What has helped them? And what can India learn from them?</p><p style="text-align:justify"><em>Two nations and their success stories</em></p><p style="text-align:justify">An open trade policy, a less inexpensive workforce, and generous incentives to foreign firms contributed to Vietnam&rsquo;s success. Vietnam pursues an open trade policy mainly through Free Trade Agreements (FTAs) which ensure that its important trading partners like the U.S., the EU, China, Japan, South Korea and India do not charge import duties on products made in Vietnam. Vietnam&rsquo;s domestic market is open to the partners&rsquo; products. For example, 99% of EU products will soon enter Vietnam duty-free.</p><p style="text-align:justify">Vietnam has agreed to change its domestic laws to make the country attractive to investors. Foreign firms can compete for local businesses. For example, EU firms can open shops, enter the retail trade, and bid for both government and private sector tenders. They can take part in electricity, real estate, hospital, defence, and railways projects. This model may not be good for India as it offers no protection to farmers or local producers from imports. Vietnam being a single-party state can ignore domestic voices.</p><p style="text-align:justify">Over a decade or so, large brands such as Samsung, Canon, Foxconn, H&amp;M, Nike, Adidas, and IKEA have flocked to Vietnam to manufacture their products. Last year, Vietnam received investments exceeding $16 billion. As a result, Vietnam&rsquo;s exports rose from $83.5 billion in 2010 to $279 billion in 2019.</p><p style="text-align:justify">In Bangladesh, large export of apparels to the EU and the U.S. make the most of the country&rsquo;s export story. The EU allows the import of apparel and other products from least developed countries (LDCs) like Bangladesh duty-free. Sadly, Bangladesh may not have this facility in four to seven years as its per capita income rises and it loses the LDC status. Bangladesh is working smartly to diversify its export basket. India, as a good neighbour, accepts all Bangladesh products duty-free (except alcohol and tobacco).</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/opinion/op-ed/lessons-from-vietnam-and-bangladesh/article33060511.ece?homepage=true" title="https://www.thehindu.com/opinion/op-ed/lessons-from-vietnam-and-bangladesh/article33060511.ece?homepage=true">click here</a> to read more.</p>               </font>
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<p style="text-align:justify"><em>With reforms promoting innovation and lowering the cost of doing business, India is poised to attract the best investments</em></p>

<p style="text-align:justify">Vietnam and Bangladesh are on a roll. While Bangladesh has become the second largest apparel exporter after China, Vietnam&rsquo;s exports have grown by about 240% in the past eight years. What has helped them? And what can India learn from them?</p>

<p style="text-align:justify"><em>Two nations and their success stories</em></p>

<p style="text-align:justify">An open trade policy, a less inexpensive workforce, and generous incentives to foreign firms contributed to Vietnam&rsquo;s success. Vietnam pursues an open trade policy mainly through Free Trade Agreements (FTAs) which ensure that its important trading partners like the U.S., the EU, China, Japan, South Korea and India do not charge import duties on products made in Vietnam. Vietnam&rsquo;s domestic market is open to the partners&rsquo; products. For example, 99% of EU products will soon enter Vietnam duty-free.</p>

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<p style="text-align:justify">In Bangladesh, large export of apparels to the EU and the U.S. make the most of the country&rsquo;s export story. The EU allows the import of apparel and other products from least developed countries (LDCs) like Bangladesh duty-free. Sadly, Bangladesh may not have this facility in four to seven years as its per capita income rises and it loses the LDC status. Bangladesh is working smartly to diversify its export basket. India, as a good neighbour, accepts all Bangladesh products duty-free (except alcohol and tobacco).</p>

<p style="text-align:justify">Please <a href="https://www.thehindu.com/opinion/op-ed/lessons-from-vietnam-and-bangladesh/article33060511.ece?homepage=true">click here</a> to read more.</p>
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<p style="text-align:justify"><em>With reforms promoting innovation and lowering the cost of doing business, India is poised to attract the best investments</em></p>

<p style="text-align:justify">Vietnam and Bangladesh are on a roll. While Bangladesh has become the second largest apparel exporter after China, Vietnam&rsquo;s exports have grown by about 240% in the past eight years. What has helped them? And what can India learn from them?</p>

<p style="text-align:justify"><em>Two nations and their success stories</em></p>

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<p style="text-align:justify">Vietnam has agreed to change its domestic laws to make the country attractive to investors. Foreign firms can compete for local businesses. For example, EU firms can open shops, enter the retail trade, and bid for both government and private sector tenders. They can take part in electricity, real estate, hospital, defence, and railways projects. This model may not be good for India as it offers no protection to farmers or local producers from imports. Vietnam being a single-party state can ignore domestic voices.</p>

<p style="text-align:justify">Over a decade or so, large brands such as Samsung, Canon, Foxconn, H&amp;M, Nike, Adidas, and IKEA have flocked to Vietnam to manufacture their products. Last year, Vietnam received investments exceeding $16 billion. As a result, Vietnam&rsquo;s exports rose from $83.5 billion in 2010 to $279 billion in 2019.</p>

<p style="text-align:justify">In Bangladesh, large export of apparels to the EU and the U.S. make the most of the country&rsquo;s export story. The EU allows the import of apparel and other products from least developed countries (LDCs) like Bangladesh duty-free. Sadly, Bangladesh may not have this facility in four to seven years as its per capita income rises and it loses the LDC status. Bangladesh is working smartly to diversify its export basket. India, as a good neighbour, accepts all Bangladesh products duty-free (except alcohol and tobacco).</p>

<p style="text-align:justify">Please <a href="https://www.thehindu.com/opinion/op-ed/lessons-from-vietnam-and-bangladesh/article33060511.ece?homepage=true">click here</a> to read more.</p>
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$metaKeywords = 'Vietnam,Bangladesh,Free Trade Agreements,FTAs,Economic Growth'
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With reforms promoting innovation and lowering the cost of doing business, India is poised to attract the best investments

Vietnam and Bangladesh are on a roll. While Bangladesh has become the second largest apparel exporter after China, Vietnam&rsquo;s exports have...'
$disp = '<p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>With reforms promoting innovation and lowering the cost of doing business, India is poised to attract the best investments</em></p><p style="text-align:justify">Vietnam and Bangladesh are on a roll. While Bangladesh has become the second largest apparel exporter after China, Vietnam&rsquo;s exports have grown by about 240% in the past eight years. What has helped them? And what can India learn from them?</p><p style="text-align:justify"><em>Two nations and their success stories</em></p><p style="text-align:justify">An open trade policy, a less inexpensive workforce, and generous incentives to foreign firms contributed to Vietnam&rsquo;s success. Vietnam pursues an open trade policy mainly through Free Trade Agreements (FTAs) which ensure that its important trading partners like the U.S., the EU, China, Japan, South Korea and India do not charge import duties on products made in Vietnam. Vietnam&rsquo;s domestic market is open to the partners&rsquo; products. For example, 99% of EU products will soon enter Vietnam duty-free.</p><p style="text-align:justify">Vietnam has agreed to change its domestic laws to make the country attractive to investors. Foreign firms can compete for local businesses. For example, EU firms can open shops, enter the retail trade, and bid for both government and private sector tenders. They can take part in electricity, real estate, hospital, defence, and railways projects. This model may not be good for India as it offers no protection to farmers or local producers from imports. Vietnam being a single-party state can ignore domestic voices.</p><p style="text-align:justify">Over a decade or so, large brands such as Samsung, Canon, Foxconn, H&amp;M, Nike, Adidas, and IKEA have flocked to Vietnam to manufacture their products. Last year, Vietnam received investments exceeding $16 billion. As a result, Vietnam&rsquo;s exports rose from $83.5 billion in 2010 to $279 billion in 2019.</p><p style="text-align:justify">In Bangladesh, large export of apparels to the EU and the U.S. make the most of the country&rsquo;s export story. The EU allows the import of apparel and other products from least developed countries (LDCs) like Bangladesh duty-free. Sadly, Bangladesh may not have this facility in four to seven years as its per capita income rises and it loses the LDC status. Bangladesh is working smartly to diversify its export basket. India, as a good neighbour, accepts all Bangladesh products duty-free (except alcohol and tobacco).</p><p style="text-align:justify">Please <a href="https://www.thehindu.com/opinion/op-ed/lessons-from-vietnam-and-bangladesh/article33060511.ece?homepage=true" title="https://www.thehindu.com/opinion/op-ed/lessons-from-vietnam-and-bangladesh/article33060511.ece?homepage=true">click here</a> to read more.</p>'
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Lessons from Vietnam and Bangladesh -Ajay Srivastava

-The Hindu With reforms promoting innovation and lowering the cost of doing business, India is poised to attract the best investments Vietnam and Bangladesh are on a roll. While Bangladesh has become the second largest apparel exporter after China, Vietnam’s exports have grown by about 240% in the past eight years. What has helped them? And what can India learn from them? Two nations and their success stories An open trade policy, a less inexpensive workforce, and generous incentives to foreign firms contributed to Vietnam’s success. Vietnam pursues an open trade policy mainly through Free Trade Agreements (FTAs) which ensure that its important trading partners like the U.S., the EU, China, Japan, South Korea and India do not charge import duties on products made in Vietnam. Vietnam’s domestic market is open to the partners’ products. For example, 99% of EU products will soon enter Vietnam duty-free. Vietnam has agreed to change its domestic laws to make the country attractive to investors. Foreign firms can compete for local businesses. For example, EU firms can open shops, enter the retail trade, and bid for both government and private sector tenders. They can take part in electricity, real estate, hospital, defence, and railways projects. This model may not be good for India as it offers no protection to farmers or local producers from imports. Vietnam being a single-party state can ignore domestic voices. Over a decade or so, large brands such as Samsung, Canon, Foxconn, H&M, Nike, Adidas, and IKEA have flocked to Vietnam to manufacture their products. Last year, Vietnam received investments exceeding $16 billion. As a result, Vietnam’s exports rose from $83.5 billion in 2010 to $279 billion in 2019. In Bangladesh, large export of apparels to the EU and the U.S. make the most of the country’s export story. The EU allows the import of apparel and other products from least developed countries (LDCs) like Bangladesh duty-free. Sadly, Bangladesh may not have this facility in four to seven years as its per capita income rises and it loses the LDC status. Bangladesh is working smartly to diversify its export basket. India, as a good neighbour, accepts all Bangladesh products duty-free (except alcohol and tobacco). Please click here to read more.