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Iranian oil exports will slide in May as the United States tightens the screws on Tehran’s main source of income, industry sources said, deepening global supply losses caused by US sanctions on Venezuela and OPEC-led cuts.

Iranian oil exports will slide in May as the United States tightens the screws on Tehran’s main source of income, industry sources said, deepening global supply losses caused by US sanctions on Venezuela and OPEC-led cuts.

Hanoi stands ready to share experience with African experts in economic development, new style rural area building, social welfare and poverty alleviation, among others, Chairman of the municipal People’s Committee Nguyen Duc Chung has said.

Factory activity in China expanded for a second straight month in April but at a much slower pace than expected, an official survey showed on Tuesday. 

A delegation from the Netherlands expressed their wish to cooperate with Ba Ria-Vung Tau to develop wind power during a working session with the southern province’s officials on April 12.

The White House is expected to soon ask Congress for billions of dollars in emergency funding to deal with the humanitarian crisis at the U.S.-Mexico border, according to multiple sources, although none of these funds will be used for a border wall.

Canada is now a promising market for Vietnamese goods as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is expected to open up this market for Vietnamese goods, heard a workshop in Hanoi on April 25.

US exports of total petroleum products reached a record high in 2018, according to a report released by the US Energy Information Administration (EIA) on April 23.

(VEN) - As Vietnam prepares to assume leadership of ASEAN next year, it is focusing its mandate on preserving the identity and centrality of the 10-nation group and of the more than 600 million people it represents. 

There is great potential for trade cooperation between Vietnam and Nigeria and investment in many sectors like agriculture, agricultural processing, garment, footwear, mining, and production of construction materials, a forum heard in Ho Chi Minh City on April 16.

(VEN) - Japan invested in 131 new projects in Hanoi in 2018, with total registered capital of US$4.7 billion, accounting for 89 percent of the city’s total newly registered capital. Reflecting Japan’s leading role in the capital’s development, the Hanoi People’s Committee organized a conference last month to promote further investment and tourism cooperation with Japan.

Vice Chairman of the Ho Chi Minh City People’s Committee Le Thanh Liem had a meeting with Peter Tinley, Minister for Housing, Veterans Issues, Youth and Asian Engagement of West Australia state in the city on April 22.

Prime Minister Nguyen Xuan Phuc, accompanied by a high-level Vietnamese delegation, visited the Embassy of Vietnam in China on April 25 on the occasion of his attendance at the second Belt and Road Forum in Beijing.

The second Belt and Road Forum for International Cooperation (BRF) kicked off in Beijing, China on April 26. 

(VEN) - The Ministry of Industry and Trade, in coordination with the French Development Agency (AFD), sponsored a conference on enhancing the export promotion capacity of small and medium enterprises (SMEs). At the March 25 conference, French experts recommended ways of optimizing trade promotion services for exporters.

Finance minister Philip Hammond missed his target for bringing down Britain’s budget deficit in the 2018/19 financial year, data showed on Wednesday, even as the shortfall fell to its lowest in 17 years.

A business delegation from the Republic of Korea (RoK) led by Lee Dae-jik, director of the agriculture and maritime affairs bureau of Gyeonggi province and director of the Pyeongtaek port company, had a working session on April 23 with officials of the Mekong Delta city of Can Tho on cooperation possibilities in port and logistics services.  

The ASEAN Trade in Services Agreement (ATISA) and the fourth protocol amending the ASEAN Comprehensive Investment Agreement (ACIA) were inked by ASEAN economic ministers in Thailand on April 23.

(VEN) - Vietnam-born Dr. Philipp Roesler, the former German politician who served as Federal Minister of Economics and Technology and Vice Chancellor, recently returned to Vietnam, accepting VinaCapital Ventures’ offer to chair its Advisory Board. Vietnam Economic News’ Minh Long spoke with him about this new chapter in his life. 

The price of bread almost doubled for Zimbabweans last week, as the inflation nightmare that marked the rule of long-time authoritarian leader Robert Mugabe returns to haunt his successor Emmerson Mnangagwa.

(VEN) - UK Deputy Ambassador to Vietnam Steph Lysaght assures Vietnam Economic News’ Ca Huong that implementation of Brexit will not affect the long-term policy on Vietnam.

These days the historical cheese market in Gouda, the Netherlands — now a tourist attraction — operates under a shadow.

(VEN) - The Vietnamese Ministry of Labor, Invalids and Social Affairs and the government of Japan’s Chiba Province signed a Memorandum of Understanding (MoU) on human resources development cooperation.

A Memorandum of Understanding on the establishment of cooperative and twining relations between Ho Chi Minh City and the Australian state of New South Wales was signed in Sydney on April 17.