According to the Ministry of Planning and Investment, the EVFTA will boost Vietnam’s export value to the EU about 20 percent in 2020, 42.7 percent in 2025 and 44.37 percent in 2030. Vietnamese businesses will enjoy certain incentives when importing high quality goods especially machinery, equipment and high technology from the EU at reasonable prices. The EVFTA is expected to increase Vietnam’s gross domestic product (GDP) by 2.18-3.25 percent in 2020-2023, 4.57-5.30 percent from 2024-2028, and 7.07-7.72 percent in 2029-2033. It is also expected to form a new Vietnam-EU value chain to attract more EU investment to Vietnam. … [Read more...] about Efficient EVFTA implementation contributes to economic recovery
Disaster recovery as a service
Việt Nam ready to contribute to CLMV co-operation: Prime Minister
On transportation, the four nations will work to build missing roads in their transport connectivity, upgrade sections in the North-South Economic Corridor, East-West Economic Corridor and South Economic Corridor, accelerate construction of the Vientiane-Hà Nội expressway and study building a road running through Myanmar, Laos and Việt Nam. … [Read more...] about Việt Nam ready to contribute to CLMV co-operation: Prime Minister
Top-10 prominent events in natural resources, environment in 2020 announced
6. Dak Nong Geopark was recognized by UNESCO to be the third global geopark. Along with this is the establishment of Thai Thuy Wetland Nature Reserve (located in the northern province of Thai Binh) and Tam Giang – Cau Hai Wetland Nature Reserve (sited in the central province of Thua Thien – Hue). … [Read more...] about Top-10 prominent events in natural resources, environment in 2020 announced
ASEAN senior officials discuss preparations for AMM Retreat
Addressing the event, Deputy Foreign Minister Nguyen Quoc Dung thanked ASEAN member countries for supporting Vietnam in 2020, expressing his belief that Brunei will lead the ASEAN through challenges to recover from the pandemic. Vietnam is ready to cooperate with Brunei in performing the role of ASEAN Chair in 2021. The Vietnamese official suggested using the ASEAN fund for COVID-19 response to buy vaccines, first of all for medical staff, adding that Vietnam called on all ASEAN member countries to fully operate the Regional Reserve of Medical Supplies (RRMS). He stressed that the grouping should optimise the outcomes that ASEAN had achieved in 2020, proposing that key agencies in charge of ASEAN Community’s pillars continue to improve and complete the remaining action lines in the master plan for the 2025 ASEAN Community Vision. He also asked ASEAN to early define the roadmap to build the ASEAN vision 2025 based on the Hanoi Declaration on the ASEAN Community’s … [Read more...] about ASEAN senior officials discuss preparations for AMM Retreat
Employment in Singapore Recovers as 40% of Companies Increase Headcount in 2021: Survey
Considering the increased competition for high-potential professionals, Nilay Khandelwal advises, "Tech professionals are currently in great demand, hence it is pertinent for employers to ensure they are not a part of a talent auction process and are paying in line with market standards to attract the right talent." … [Read more...] about Employment in Singapore Recovers as 40% of Companies Increase Headcount in 2021: Survey