Ambassador Dang Dinh Quy, head of the Vietnamese mission to the United Nations, on February 11 welcomed the positive progress recorded in the implementation of the Minsk agreements over the recent past.
After suffering a significant fall in revenue last year, the mechanical engineering industry has high hopes for recovery in 2021, given Vietnam’s good COVID-19 control and participation in free trade agreements.
As trade protectionism is forecast to grow further around the world in 2021, the Ministry of Industry and Trade (MoIT) is set to step up trade defence measures in accordance with international law and commitments.
The seaport and logistics industry was forecast to grow significantly on the prospect of global trade recovery in 2021 when the vaccine to prevent COVID-19 is administered worldwide.
Reuters news agency analysed factors that can turn Vietnam into a sci-tech hub on an article published on February 1, which commented on the Communist Party of Vietnam (CPV)’s aim for the nation to realise comprehensive development in 2045.
The Malaysian Ministry of Health on January 26 signed term sheet agreements with two vaccine suppliers, Pharmaniaga Lifescience Sdn Bhd (PLS) and Duopharma (M) Sdn Bhd, for the procurement of 18.4 million doses of COVID-19 vaccine.
Japan's Nikkei newspaper has run a story highlighting the opportunity for Vietnam to rise stronger after the COVID-19 pandemic is completely controlled.
Vietnam’s gross domestic product (GDP) growth is forecast to reach 6.72 percent this year in an optimistic scenario where the global economy recovers faster than expectations and production becomes more stable in 2021, according to a joint report released by the National Centre for Socio-Economic Information and Forecasting (NCIF) and the UN Development Programme (UNDP) in Vietnam.
Malaysia has recently filed a complaint with the World Trade Organisation (WTO) over the European Union (EU)’s rules affecting the consumption of palm oil-based biofuels.
Vietnam’s incentives for international firms for setting up units to manufacture hi-tech products, the pool of low-cost workers, and the proliferation of free trade agreements (FTA) are major factors that make Vietnam a favourite Asian market for investors, a report by The Economist Intelligence Unit (EIU) has pointed out.
Japan will suspend the entry of business people from 11 countries and territories, including Vietnam, into the country as part of its efforts to curb the spread of the COVID-19 pandemic, Kyodo News reported on January 13.
Prime Minister Nguyen Xuan Phuc on January 11 said the Vietnam Oil and Gas Group (PetroVietnam) needs to remain a role model in expanding markets, optimising opportunities, connecting investment, and reviving growth, among other matters.
Prime Minister Nguyen Xuan Phuc has asked the industry and trade sector to view enterprises as the centre of reform and development so as to further facilitate production and business activities and enhance competitiveness.
The Mekong Delta province of Tien Giang has set a target of earning 3.25 billion USD from exports in 2021, a year-on-year increase of 8.3 percent, according to Acting Director of the provincial Department of Industry and Trade Dang Van Tuan.
The COVID-19 pandemic has had a heavy impact on every aspect of life in 2020, and the global economy had been especially hard hit. The Vietnam News Agency has selected the ten most significant global economic issues during the year.
Vietnam has worked to develop the domestic market with a population of nearly 100 million people in the context that the COVID-19 pandemic has disrupted the global supply chains, said Minister of Industry and Trade Tran Tuan Anh.
The Ministry of Industry and Trade (MoIT) on December 23 held a ceremony in Hanoi to launch the Vietnam Free Trade Agreement Portal (FTAP), at fta.moit.gov.vn, to help the domestic business community make the most of the opportunities brought about by trade deals to which Vietnam is party.
Cambodia's economy is projected to contract 2 percent in 2020 but recover to a four percent growth next year, the World Bank forecast in its latest economic update for Cambodia entitled Restrained Recovery.
Politics
