Sunday, September 23, 2018 - 17:38:18

economic

ADB approves 7.8 bln USD credit package for Philippines’ economic growth

World

ADB approves 7.8 bln USD credit package for Philippines’ economic growth

The Asian Development Bank (ADB)’s Board of Directors has approved a new six-year country partnership strategy with the Philippines, under which the bank will provide a credit package worth 7.8 billion USD to the Southeast Asian country until 2021 to support it in attaining sustained high and inclusive economic growth.

Vietnam Trade Union to convene 12th congress

Society

Vietnam Trade Union to convene 12th congress

As many as 950 Vietnamese delegates and seven international delegations will attend the 12th congress of the Vietnam General Confederation of Labour (VGCL), which is scheduled to take place in Hanoi from September 24-26, said VGCL President Bui Van Cuong.

Coastal provinces coordinate in monitoring fishing boats

Business

Coastal provinces coordinate in monitoring fishing boats

Eight Mekong Delta and south central coastal provinces in Vietnam have signed a coordination agreement on the management of fishing vessels in a bid to have the European Commission (EC)’s “yellow card” warning on illegal, unreported, and unregulated (IUU) fishing lifted.

Vietnam’s textile and garment industry faces tough seas in 2019

Business

Vietnam’s textile and garment industry faces tough seas in 2019

2019 will be a challenging year for Vietnam’s textile and garment industry as it needs to obtain major breakthroughs to take on new roles in the global value chain, including shifting from simple processing - Cut, Make and Trim (CMT) - to purchasing materials, free on board (FOB), original design manufacturer (ODM) and original brand manufacturer (OBM) modes.