Deputy PM Vuong Dinh Hue receives Deputy U.S. Trade Representative for Asia, Europe, the Middle East, and Industrial Competitiveness Jeffrey Gerrish, Ha Noi, May 21, 2018 - Photo: VGP/Thanh Chung Deputy PM Vuong Dinh Hue made that statement at his reception for Deputy U.S. Trade Representative for Asia, Europe, the Middle East, and Industrial Competitiveness Jeffrey Gerrish in Ha Noi on May 21. The Vietnamese Deputy PM highly spoke of the two nations’ achievements in all fields, especially after PM Nguyen Xuan Phuc’s official visit to the U.S. in May 2017 and U.S. President Donal Trump’s official visit to Viet Nam in November 2017. The Vietnamese Government is making efforts in improving the business environment and national competitiveness in the spirit of Government serving the people and businesses, asserted Mr. Hue, adding that … [Read more...] about DPM receives Deputy U.S. Trade Representative
E and s trading
Russian President Vladimir Putin will discuss China’s plans for reviving the ancient Silk Road trade route to Europe during talks with President Xi Jinping in Beijing this weekend. Russia’s finding its own road to better trade ties with its neighbor isn’t running entirely smoothly. Joint projects are losing momentum and trade between the two countries is declining as Russia struggles with its longest recession in two decades. While Kremlin aide Yuri Ushakov says “a solid package of agreements and commercial projects” will be signed during Putin’s visit, there won’t be anything approaching the huge energy deals of past meetings with Xi. “It’s impossible to sign super-sized agreements at each summit,” Ushakov told reporters in Moscow on Wednesday. “The most important thing is to start to implement them.” Squeezed by the crash in oil prices and U.S. and European sanctions over the Ukrainian conflict, Russia’s … [Read more...] about Putin’s trade pivot to China isn’t all smooth as silk for Russia
The Ho Chi Minh City branch of Vietnam Chamber of Commerce and Industry (VCCI) and Tien Phong Electronic Commerce Joint Stock Company (Gophatdat.com) on October 26 jointly held the conference "Using E-commerce Tools in Marketing and International Trade." The conference provided useful information for enterprises in applying e-commerce in marketing and international trade, aiming to raise the prestige and image of businesses and improve the quality of services to increase business efficiency and better serve customers. Gophatdat.com, the leading online trade exchange in Vietnam, is one of world's ten leading e-commerce websites for business exchanges (B2B). Enterprises will have the chance to access useful tools to seek more business opportunities. With technologically outstanding features, Gophatdat.com helps its members carry out mutual exchanges of business information quickly, saving time and cost. In addition, the website's members can access additional services such as … [Read more...] about Using E-Commerce Tools in Marketing and International Trade
Yesterday, many private jewelry stores in Ho Chi Minh City opened for their first trading day after the Tet Holiday and listed their gold prices as higher than world rates. Today, banks, gold trading corporations and floors began to operate again. The question is: Will the domestic gold price fall or rise once private jewelry stores are no longer the only outlets trading in this precious metal? After two days fluctuating between US$923-924 an ounce, the world gold prices yesterday fell slightly to US$921. At the same time in Viet Nam, a tael of SJC gold was purchased at VND17.65 million (US$1,100) and sold at VND17.82 (US$ 1,111), a decrease of VND30,000 on the previous day. These figures suggest that the domestic gold prices are experiencing a boom. Prior to the Tet holiday a SJC tael only cost VND17.40 million (US$1,085). One gold investor said "Before the Tet holiday, jewelry shops had hoarded hundreds of taels of gold at the price of VND17.5 … [Read more...] about Will Domestic Gold Prices Rise or Fall on Today’s Trading Floor?
Southeast Asian leaders warned Wednesday of a widening gap between the booming region's richest and poorest nations that could threaten its ambitious drive for an EU-style single market. A farmer pulls out dying rice plants in Que Dien commune, in Vietnam's southern province of Ben Tre in July 2010. … [Read more...] about Leaders warn on S.E. Asia’s rich-poor gap