EU and Timor-Leste sign deal on WTO accession
Timor-Leste took a major step closer to WTO accession today. The EU and Timor-Leste signed a deal concluding their bilateral market access negotiations on services and goods as part of Timor-Leste’s accession process to the World Trade Organization.
Sanctions Curb Vietnamese Exports To Russia, Causing 60% Drop YOY - Reports
Western sanctions have hit Vietnam's exports to Russia, causing a drop of nearly 60% year-on-year, Vietnamese media reported, referring to the data provided by the Vietnam Trade Office in Russia.
The significance of Vietnam for US businesses and why they should take notice
Vietnam has gone from being a frontier economy in ASEAN to a flourishing, cost-effective, and industrial nation. Firms and investors that are looking for new markets to grow, source, or manufacture their products – especially in Asia – should consider Vietnam’s long-term potential and stay updated
World Trade Disputes Shapes the Global Economy’s Future
International trade policies and agreements are fundamental to the global economy and play a vital role in shaping international affairs.
World’s largest container ship arrives in Ba Ria-Vung Tau
HCMC – OOCL Spain, one of the world’s largest container ships, arrived at Gemalink Port in the southern province of Ba Ria-Vung Tau for cargo handling today, March 30. During its first maiden voyage to connect Asia and Europe lasting 84 days, the ship will make port calls in numerous venues
HCMC hosts Vietnam’s first banh mi festival
Your browser does not support the video tag. HCMC – The first banh mi festival in Vietnam is taking place in HCMC from March 30 to April 2 to promote banh mi, the world-famous Vietnamese bread.
Vietnam to reassert its position on the world coffee map
Vietnam is the world's second largest coffee exporter, but its impact on the world coffee market is not commensurate with its position, experts say.
Foreign ownership at some local banks may rise to 49%
HCMC – The State Bank of Vietnam (SBV) has proposed increasing the foreign ownership cap at some commercial banks from 30% to 49%. The Governor of the SBV, the nation’s central bank, has sought the Government’s approval to amend Decree No. 01/2014/ND-CP on foreign investors’ maximum cap in
Foreign ownership at local banks may rise to 49%
HCMC – The State Bank of Vietnam (SBV) has proposed increasing the foreign ownership cap at some commercial banks from 30% to 49%. The Governor of the SBV, the nation’s central bank, has sought the Government’s approval to amend Decree No. 01/2014/ND-CP on foreign investors’ maximum cap in
Vietnam’s Party leader has phone conversation with U.S. President
HCMC – Party General Secretary Nguyen Phu Trong spoke on the phone with U.S. President Joe Biden yesterday, March 29. The two sides expressed pleasure at having a chance to exchange views on the 10th anniversary of the Vietnam-U.S. comprehensive partnership. They spoke highly of the comprehensive
Dong Nai approves US$3-billion urban area project
HCMC – The government of Dong Nai Province has approved of a 293-hectare urban area project worth more than VND72 trillion (US$3 billion) in Pho Island in Hiep Hoa Commune, Bien Hoa City. Hiep Hoa urban area would have an estimated population of 31,600 residents and cover 293 hectares of land. Of
Vietnam posts over US$4 billion in trade surplus in Q1
HCMC – Vietnam’s export revenue in the first quarter of this year has inched down but the country has enjoyed a trade surplus of US$4.07 billion, according to the General Statistics Office. Between January and March, the country’s import-export value has totaled an estimated US$154.27 billion. Of