
I would like to celebrate the 45th anniversary of diplomatic relations between Mexico and the Socialist Republic of Vietnam with the readers of Vietnam Economic News with some thoughts on how economic ties between our countries have evolved and what the future holds for them.

In the context of globalization, the 108 Military Central Hospital has cooperated with numerous partners around the world in high technology transfers, striving to maintain its position as a leading national and military health center that meets international standards.

(VEN) - Chief of the Ministry of Health’s Secretariat Ha Anh Duc welcomed Colombian Ambassador to Vietnam Miguel Angel Rodriguez Melo to discuss cooperation between the two countries on pandemic treatment and control.

(VEN) - Hanoi’s successful handling of the Covid-19 pandemic has directed a spotlight at its health sector’s international cooperation in recent years.

Ministers from Asia-Pacific countries negotiating the Regional Comprehensive Economic Partnership (RCEP) began a videoconference on June 23, with how to bring India back to the talks among the focuses.

The Bank of Thailand (BoT) is expected to leave its key interest rate unchanged at a record low after easing monetary policy three times this year to help mitigate the economic damage from the COVID-19 pandemic, a Reuters poll showed.

As Vietnam is in need of resources for its production recovery, the country hopes for more support from the Asian Development Bank (ADB) to develop major fields such as infrastructure and smart agriculture, Prime Minister Nguyen Xuan Phuc said on June 22.

Covid-19 has accelerated adoption of ecommerce and contactless payments in Southeast Asia, offering opportunities for businesses to continue operating while allowing consumers to stay safe.

EU States and industry lose billions of euros each year due to the presence of counterfeit goods on the market, the European Union Intellectual Property Office (EUIPO) said in a report published on Wednesday.

(VEN) - Vietnam and India are complementary economies. To increase trade, however, the two sides need to promote cooperation in developing value chains in sectors such as textiles, garments, leather, footwear, electronic equipment, machinery and engineering, said Bui Trung Thuong, Head of the Vietnamese Trade Office in India, in a talk with Vietnam Economic News’ Thu Phuong and Nguyen Huong.

(VEN) - As the 2020 chair of the ASEAN bloc, Vietnam is making joint efforts with the other member states and six partner countries to accelerate negotiations on the Regional Comprehensive Economic Partnership (RCEP) with a view to signing it later this year in time to deal with the heavy economic fallout of the Covid-19 pandemic.

(VEN) - The Military Medical Department’s General Department of Logistics under the Ministry of Defense organized an online exercise on prevention and control of Covid-19 among ASEAN member states’ military medical forces.

(VEN) - As the 2020 Chair of ASEAN, Vietnam along with other members of the bloc have been active in proposing solutions and action plans in response to the Covid-19 pandemic.

Deputy Prime Minister and Foreign Minister Pham Binh Minh and Japanese Foreign Minister Motegi Toshimitsu recently discussed joint action to prevent Covid-19 infection and promote economic cooperation between the two countries.

(VEN) - Although Vietnamese-Chinese trade has been growing, Vietnamese exports have only accounted for a small percentage of the bilateral trade value. Vietnam needs to decrease the trade deficit if it is to reach sustainable trade with this market.

Technology transfer and international cooperation have helped many health facilities in the city of Da Nang access state-of-the-art medicine and effectively apply it in diagnosing and treating disease.

Hanoi People’s Committee Chair Nguyen Duc Chung joined a recent online mayoral meeting within the framework of the Cities Against COVID-19 (CAC) Global Summit.

(VEN) - The National Assembly officially examined the ratification of the EU-Vietnam Free Trade Agreement (EVFTA) at the opening sitting of the 14th National Assembly’s ninth session on May 20.

An online workshop on Vietnam-Russia economic relations in the context of new challenges was held on June 4, with the participation of a number of experts, scientists, and policymakers from the two countries.

The gross domestic product is expected to shrink 8.7% in 2020 in the eurozone due to the pandemic, the president of the European Central Bank said on Thursday.

(VEN) - The ability of Vietnamese enterprises to enjoy the advantages of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) considerably depends on their pace of reform, institutional capacity and vision.

(VEN) - The EU-Vietnam Free Trade Agreement (EVFTA) is expected to be ratified by the Vietnamese National Assembly (NA) during its forthcoming session and take effect in July 2020. This means economic cooperation between Vietnam and the European Union (EU) is to enter a new period with more opportunities.

(VEN) - Although the commodity structures of Vietnam and Turkey compete with each other, Vietnamese enterprises can increase sales in Turkey if they know how to exploit the niche market, said Le Phu Cuong, Vietnamese Trade Counselor in Turkey, in an interview with Vietnam Economic News’ Thu Phuong.

China on Friday said it would not set a growth target for the current year as the country was working to ensure winning the battle against poverty. China’s Prime Minister Li Keqiang acknowledges risks facing China but lays emphasis on 6 sectors to boost economy, generate jobs.

(VEN) - Minister of Industry and Trade Tran Tuan Anh recently spoke with ASEAN Secretary General Lim Jock Hoi about economic recovery plans for the bloc and maintaining regional supply chains in the post Covid-19 period, as well as the next steps to cope with the pandemic. Following the discussion, the minister spoke with the media.

(VEN) - The U.S. Center for Disease Control and Prevention (CDC) has committed an initial $3.9 million to support Covid-19 activities in Vietnam.

An online trade exchange is slated to be held from May 28 to May 30 with the participation of 60 footwear importers from the US, according to the Ministry of Industry and Trade (MoIT).

Coronavirus is costing between CHF11 billion and CHF17 billion a month, putting such a strain on the Swiss economy that it will take years to recover. Swiss National Bank (SNB) chairman Thomas Jordan has predicted the worst depression since the 1930s.

(VEN) - Since it took effect in Vietnam just over a year ago, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has created both pressures and opportunities for domestic businesses and sectors.

(VEN) - The results of a recent AHK World Business Outlook survey on the trust of German businesses worldwide show that despite their concerns over the Covid-19 pandemic’s adverse impacts on production and trade in Vietnam, German businesses expect Vietnam’s economic recovery in the medium term.