Vietnam presents priorities for ASEAN 2020 Chairmanship

Vietnam presents priorities for ASEAN 2020 Chairmanship
(VEN) - Vietnam has set out three priorities for its 2020 chairmanship of the Association of Southeast Asian Nations (ASEAN), namely promoting intra-regional economic linkages, strengthening the partnership for peace and sustainable development, and enhancing the organization’s adaptive capacity and performance. Luong Hoang Thai, Director of the Ministry of Industry and Trade’s Multilateral Trade Policy Department spoke with Vietnam Economic News’ Phuong Huong Long on the sidelines of the annual meeting of senior economic officials from ASEAN member countries, known as the SEOM Retreat, which took place on November 28 and 29 in the northeastern province of Quang Ninh’s Ha Long City. 

USAID supports Vietnam in efforts to prevent trade fraud

USAID supports Vietnam in efforts to prevent trade fraud
(VEN) - Origin fraud, illegal transshipment, and the evasion of trade remedies harm the healthy, bilateral trading relationship between Vietnam and the US and other important trading partners, as well as compliant businesses. To lessen origin fraud, illegal transshipment and evasion of trade remedies, the United States Agency for International Development (USAID) in cooperation with Vietnam’s Ministry of Finance and Ministry of Industry and Trade held a workshop on international best practices.

UAE & Vietnam celebrate ties, look ahead to expanding them

UAE & Vietnam celebrate ties, look ahead to expanding them
(VEN) - Vietnam and the United Arab Emirates (UAE) officially established diplomatic relation in 1993. In the ensuing years, significant achievements have been recorded in diplomatic, economic and other aspects of the relationship. Vietnam Economic News’ Thanh Tam discussed the progress in bilateral ties with His Excellency Obaid Saeed Bintaresh Al Dhaheri, UAE Ambassador to Vietnam.

UAE & Vietnam celebrate ties, look ahead to expanding them

UAE & Vietnam celebrate ties, look ahead to expanding them
(VEN) - Vietnam and the United Arab Emirates (UAE) officially established diplomatic relation in 1993. In the ensuing years, significant achievements have been recorded in diplomatic, economic and other aspects of the relationship. Vietnam Economic News’ Thanh Tam discussed the progress in bilateral ties with His Excellency Obaid Saeed Bintaresh Al Dhaheri, UAE Ambassador to Vietnam.

Phase one deal welcomed by businesses

Phase one deal welcomed by businesses
The phase one trade deal between China and the United States, which holds off a planned US tariff increase on billions of dollars of Chinese imports previously set to take effect on Sunday, was welcomed by US business groups. But they urged the removal of all additional duties as well.

EU prioritizes helping Vietnam’s digital economy development

EU prioritizes helping Vietnam’s digital economy development
(VEN) - The EU will prioritize providing Vietnam with technologies and share experience to help the country develop its digital economy, said the EU’s newly-accredited Ambassador to Vietnam Giorgio Aliberti. He spoke at a press conference in Hanoi on November 12 after he officially assumed a four-year term of office in Vietnam.

EU prioritizes helping Vietnam’s digital economy development

EU prioritizes helping Vietnam’s digital economy development
(VEN) - The EU will prioritize providing Vietnam with technologies and share experience to help the country develop its digital economy, said the EU’s newly-accredited Ambassador to Vietnam Giorgio Aliberti. He spoke at a press conference in Hanoi on November 12 after he officially assumed a four-year term of office in Vietnam.

Sweden offers Vietnam help in shaping a zero waste, circular economy

Sweden offers Vietnam help in shaping a zero waste, circular economy
(VEN) - Sweden, a global leader in waste management and recycling, is willing to share its experiences with Vietnam in order to promote its circular economy, said Swedish Ambassador to Vietnam Ann Mawe at a workshop themed “Promoting a low-carbon circular economy - a Swedish perspective” held recently in Hanoi. “In a circular economy, we see everything as a resource for something else - waste becomes a resource,” she explained.

Breakthrough in RCEP negotiations on world’s largest free trade area

Breakthrough in RCEP negotiations on world’s largest free trade area
(VEN) - After nearly seven years of negotiations, the 10 ASEAN member states and its allies reached agreement on the Regional Comprehensive Economic Partnership (RCEP) and pledged to sign the trade deal in 2020. The consensus over what is shaping up to be the world’s biggest free trade area was reached within the framework of the 35th ASEAN Summit and Related Summits in Thailand.

Breakthrough in RCEP negotiations on world’s largest free trade area

Breakthrough in RCEP negotiations on world’s largest free trade area
(VEN) - After nearly seven years of negotiations, the 10 ASEAN member states and its allies reached agreement on the Regional Comprehensive Economic Partnership (RCEP) and pledged to sign the trade deal in 2020. The consensus over what is shaping up to be the world’s biggest free trade area was reached within the framework of the 35th ASEAN Summit and Related Summits in Thailand.

South-East Asia’s GDP growth to remain at 4.5 percent in 2020

South-East Asia’s GDP growth to remain at 4.5 percent in 2020
Economic growth across the South-East Asia (SEA) region is expected to slow from 5.1% in 2018 to 4.5% in 2019 and remain unchanged in 2020, amid high risks of a re-escalation in trade tensions, according to ICAEW’s latest Economic Update: South-East Asia report. As a result, the outlook for exports and private investment will remain challenging and continue to dampen regional GDP growth. 

Vietnam assumes ASEAN Chair

Vietnam assumes ASEAN Chair
(VEN) - The chairmanship of the Association of Southeast Asian Nations (ASEAN) for 2020 that Vietnam officially assumed on November 4 will be a chance for the country to demonstrate its leadership and coordination capability to help the 10 member countries grasp opportunities, overcome challenges, and build a sustainable community.

Vietnam assumes ASEAN Chair

Vietnam assumes ASEAN Chair
(VEN) - The chairmanship of the Association of Southeast Asian Nations (ASEAN) for 2020 that Vietnam officially assumed on November 4 will be a chance for the country to demonstrate its leadership and coordination capability to help the 10 member countries grasp opportunities, overcome challenges, and build a sustainable community.

Vietnam offers increased oil, gas cooperation with Russia

Vietnam offers increased oil, gas cooperation with Russia
(VEN) - Vietnam is willing to create favorable conditions for Russian companies to carry out oil and gas exploration and exploitation projects within Vietnam’s continental shelf, Russian Deputy Prime Minister Maxim Akimov and his Vietnamese counterpart Trinh Dinh Dung announced following the 22nd session of the Vietnam-Russia Intergovernmental Committee for Economic-Commercial and Scientific-Technological Cooperation that took place last month in Hanoi.

Vietnam offers increased oil, gas cooperation with Russia

Vietnam offers increased oil, gas cooperation with Russia
(VEN) - Vietnam is willing to create favorable conditions for Russian companies to carry out oil and gas exploration and exploitation projects within Vietnam’s continental shelf, Russian Deputy Prime Minister Maxim Akimov and his Vietnamese counterpart Trinh Dinh Dung announced following the 22nd session of the Vietnam-Russia Intergovernmental Committee for Economic-Commercial and Scientific-Technological Cooperation that took place last month in Hanoi.

Vietnamese-RoK B2B trade on the rise

Vietnamese-RoK B2B trade on the rise
(VEN) - More than 100 Vietnamese enterprises and 15 enterprises from the Republic of Korea (RoK), operating in the fields of software, medical equipment, technology solutions and applications, and construction, had business-to-business (B2B) transactions on October 23 in Hanoi. The event was organized by the Vietnam Chamber of Commerce and Industry (VCCI) in collaboration with the Korea Chamber of Commerce and Industry (KCCI) to support businesses from both countries in investment and trade cooperation.