China asean rally

Steel roll production lines at Hoa Phat Steel Sheet Co., Ltd, located in the Pho Nui A Industrial Park in the northern province of Hung Yen. Steel is one of key export products from Viet Nam to Thailand, Laos and Cambodia. — VNA/VNS Photo Vu Sinh Vietnamese businesses have many opportunities to increase export goods to Thailand, Laos and Cambodia, according to the Trade Promotion Department of the Ministry of Industry and Trade. Nguyen Thi Thu Thuy, deputy director of the Export Support Center, said that Viet Nam had many favourable conditions for exporting goods to Thailand and Laos because the three countries were close geographically, and members of various free trade agreements. To meet the demand of customers in Thailand and Laos, domestic enterprises are recommended to export goods reaching technical standards and to have import certificates from authorities. They also need to apply advanced technology in processing and preserving products to ensure the quality of … [Read more...] about VN Trade Promotion Department lauds ASEAN export opportunites

Vietnamese athletes attend the flag hoisting ceremony of the 9th ASEAN Para Games in Malaysia in 2017. (File photo: VNA) Hanoi (VNA) – The Vietnamese delegation to the approaching 11th ASEAN Para Games is set to comprise 155 members, including 122 athletes, according to the National Sports Administration . With 14 sports, the 11th ASEAN Para Games is scheduled to take place in Indonesia from July 26 to August 7. Apart from the 122 athletes, the delegation will also include 18 coaches, two doctors, and 13 cadres. They will compete in eight sports, namely athletics, swimming, powerlifting, badminton, table tennis, chess, judo, and archery. The administration said the athletes of Vietnam have made thorough preparations, and all are determined to achieve the best possible results to gear up for the fourth Asian Para Games in China’s Hangzhou and the Paris 2024 Paralympic Games. They will also have a chance to learn from and enhance solidarity with other Southeast … [Read more...] about Vietnam to send 155-strong delegation to 11th ASEAN Para Games

According to Berly D. Alvarez, chairman of the Philippines’s Kaunlad Lending Investors Corporation and a speaker at the 2018 Horasis Asia Meeting held recently in Binh Duong province, Vietnam’s ability to attract FDI is due to its consistent economic reform, a young and increasingly urbanized population, affordable labor, constant improvements to its business climate, and political stability. The fact that it hosted the 2017 APEC meetings highlights its regional economic integration and steadily improving business climate, he added. Vietnam has been attracting investment in infrastructure, including power projects, road and rail construction and renewable energy. Don Lam, CEO of VinaCapital, said Vietnam’s economy remains strong with 6.6 percent growth targeted next year, inflation remaining under control and manufacturing expanding. “More foreign investment is expected to flow into Vietnam in the coming time.” Pakpoom Vallisuta, chairman of The Quant Group Corporation, a … [Read more...] about Vietnam a regional FDI magnet say experts