The Hanoitimes – In contrast to Vietnam’s positive outlook, the ADB has trimmed its forecasts for economic growth in developing Asia this year and next year. With unexpectedly strong growth momentum in the third quarter likely to carry over into the fourth quarter and next year, the Asian Development Bank (ADB) has revised up its forecast […]
Read MoreThe Hanoitimes – Vietnam agrees to purchase 1,200 megawatts of electricity from Laos in 2020, exceeding the original plan of 1,000 megawatts, and 5,000 megawatts until 2030. Vietnamese enterprises remain Laos’ third largest investor with 413 projects worth US$4.22 billion to date, according to Prime Minister Nguyen Xuan Phuc. Major Vietnamese projects with positive results in […]
Read MoreThe Tourism Authority of Thailand (TAT) plans to tap second-tier provinces in Vietnam to bring in more first-time visitors. These provinces, namely Hai Phong, Nha Trang, Da Lat and Can Tho, offer direct flights with affordable tickets to Thailand, said Napasorn Kakai, director of the TAT’s Ho Chi Minh City office. She said the TAT […]
Read MoreThe Hanoitimes – A number of foreign-invested firms have falsely labeled their products as originating from Vietnam to avoid trade safeguard instruments amid the US-China trade war. Vietnamese authorities are keeping close watch on investment shift from foreign countries, especially China, into Vietnam to prevent product origin fraud and illegal transshipment. According to Au Anh Tuan, […]
Read MoreThe Cambodia Chamber of Commerce (CCC) and more than 60 companies from Vietnam’s southern provinces held a business forum on Friday to discuss the establishment of a special economic zone (SEZ) along the border of the two countries. CCC vice-president Lim Heng, who presided over the Vietnam-Cambodia Business Forum, told The Post on Sunday that it […]
Read MoreThe Hanoitimes – The proposed tariff cut is aimed to balance bilateral trade relations. The US has requested Vietnam to cut its import tariffs on a number of agricultural products in 2020 and afterwards, according to Vietnam’s Ministry of Finance (MoF). The items subject to tariff reduction include chicken and processed chicken meat, almond, grape, wheat, […]
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