China is a promising market for Vietnamese seafood exporters despite difficulties and challenges, experts said at a recent conference in Ho Chi Minh City organised by the VASEP.
Gold opportunities as well as simultaneous tremendous challenges will be brought to Vietnamese businesses when free trade agreements (FTAs) come into effect.
The US Agency for International Development (USAID) on July 24 announced
awards of a video contest it launched in January 2015 to encourage
Vietnamese youth’s engagement in addressing the country’s development
challenges.
Free Trade Agreements (FTAs) have increased in recent years, posing
numerous opportunities and challenges for Vietnamese enterprises since
tariffs are no longer a barrier. However, the liberalisation of services
and investment is much harder to achieve.
Oil and gas industry players should optimise operations and costs to
sustain their margins as prices continue to decline, Steven Yap,
consulting firm Deloitte's Southeast Asia energy and resources leader,
told a seminar in Ho Chi Minh City on July 17.
The signed and pending free trade agreements (FTAs) will not only
provide benefits for the Vietnamese footwear and bag sector, but also a
number of challenges due to export goods now requiring clear information
on product origin, a conference in Ho Chi Minh City heard on July 15.
Prime Minister Nguyen Tan Dung called for a strong army able to respond
to emerging challenges presented by today’s increasingly complicated,
rapidly changing and unpredictable world.
The Vietnamese economy is facing three major challenges, including a
slump in agricultural growth, the Minister of Planning and Investment,
Bui Quang Vinh, said after a meeting with the Interministerial Steering
Committee on June 25.
The Ministries of Finance; Planning
and Investment; and Industry and Trade, as well as the State Bank of
Vietnam came together to discuss the management and governance of the
economy in the second quarter of 2015.
Environmental pollution and climate
change are worrying Vietnam, requiring new feasible solutions and growth
model transfers to turn challenges into opportunities for sustainable
development.
The Vietnam-Eurasian Economic Union Free Trade Agreement signed on
May 29 is forecast to offer both ample opportunities and tough
challenges to Vietnamese businesses.
The People’s Committee of the northern coastal province of Quang Ninh
held a forum on June 12 in Ha Long city to discuss environmental
challenges and climate change.
A seminar titled “Social responsibility and journalism ethics in the
digital era” took place in Hanoi on June 10 to give experts in the field
insight into journalism development in the digital era and help narrow
technology gaps in the sector in Vietnam.
Vietnam has made a number of achievements after 12 years of implementing
the Population Ordinance including reducing the birth rate to 17.2 (per
1,000 people) from 19.9 in 1999, said a senior National Assembly
official.
Opportunities and challenges arising from free trade agreements (FTAs)
between Vietnam and partner countries will present themselves equally,
an official remarked a press conference in Hanoi on June 3.
The Vietnam – Republic of Korea Free Trade Agreement (VKFTA) signed on
May 5 reflects a high level of commitment from both sides and is set to
both challenge and benefit the Vietnamese economy in the future.
The Ministry of Industry and Trade held a conference in Hanoi on May 4
to discuss a number of possible solutions for difficulties faced by the
agro-fishery sector.