The cooperation framework would support mobilizing capital from the private sector and developing financial markets for infrastructure development, in turn helping Vietnam realize its priorities in the field in near future, said a Vietnamese vice finance minister.
While the recent trade tensions have merely accelerated the movement of supply chains to Vietnam, they were not the trigger.
Vietnam’s political system has showed strong determination and commitment in IUU fishing combat, said an inspector of the European Commission (EC).
Most Vietnamese banks are still struggling to comply with the banking authority’s regulations related to digital transformation, particularly those concerning the management of third-party risks.
According to the draft law, conditions for 12 business lines including commercial arbitration organizations, logistics and franchising, are proposed to remove.
This is an occasion for Vietnamese businesses to access and absorb experience in management and modern technology from their Russian peers.
The construction will cost an estimated VND5,903 billion (US$255 million), of which VND3,088 billion (US$133 million) will be sourced from the state.
If not properly addressed, illegal transshipment would increase the risk of Vietnamese compliant traders facing slower export procedures in the US, as well as higher customs duties, said an expert of the US Agency for International Development (USAID).
The National Assembly agreed on allocating VND115.4 trillion (US$4.97 billion) for debt payment and VND220 trillion (US$9.47 billion) for development investment.
The FDI sector posted exports of US$149.83 billion in the January – October period, up 4.8% or US$6.93 billion year-on-year, accounting for 68.5% of Vietnam’s exports.
Energy demand will rise strongly in Vietnam as the country needs power to run its fast-growing economy.
Vietnam could get rid of its most large tax incentives without harming its growth or competitiveness, said an Oxfam expert.
Vietnam is forecast to add two more jack-up rigs, as demand for oil exploration and production continues to rise.
Deputy Prime Minister Vuong Dinh Hue requested FWD to invest in innovation startups in Vietnam, which are considered one of the country’s potential fields for development.
In Vietnam, 11 Business Associations have officially signed the Business Integrity Pledge to uphold the core values of integrity, ethical behavior, and accountability.
Renewable energy has emerged as one of the most preferred sectors for investment in Vietnam, coming third behind fintech and education.
The upgrade will help cut the CO2 emissions almost in half for each kilowatt hour produced on-site.
A major pillar of the Vietnam – Russia strategic partnership is trade and economic cooperation, in which the Vietnam – Russia Expo plays a significant part, according to Russian Foreign Minister Sergei Lavrov.
The number of expats in Vietnam rose from 72,172 in 2013 to 88,845 in 2018, the majority of whom are holding key positions, including manager, CEO and technician.
All fields, except for security and national defense, must be open for investment, said Prime Minister Nguyen Xuan Phuc.
Customers of Seven.AM accused some products had Chinese labels cut off and replaced with the Vietnamese brand’s label.