Federal open market committee meeting

Enterprises not only want to develop market share in Vietnam but also to invest in the country so as to make use of trade advantages that Vietnam is enjoying. Attraction from export turnover According to the ministry, by November this year, there were 30 export products with export turnover of above US$1 billion, accounting for 91.6 percent of total exports, mainly focusing on key product lines, including electrics, electronics, garment and textile, footwear, plastics, computers and components. Specially, there were five products with export turnover of above $10 billion, accounting for 59.6 percent. Particularly, cellphones and components had the highest export value of $48.7 billion, accounting for 20.2 percent of total exports, an increase of 5.4 percent over the same period last year. Electronics, computers and components reached export turnover of $32.4 billion, an increase of 19.4 percent. Exports of garment and textile touched $29.9 billion, an increase of 7.8 percent. … [Read more...] about Vietnamese market attractive to foreign enterprises

At the event (Photo: VNA)   Hanoi (VNA) – The eighth National Congress of the Vietnam Youth Federation (VYF) for the 2019 – 2024 tenure officially opened in Hanoi on December 10. With 1,000 officials and outstanding youths at home and abroad taking part, the three-day event will review the VYF’s activities and youth movements during the seventh tenure, the implementation of the resolution adopted at the previous congress, and the movement “I love my country”. With the motto “Vietnamese Youth – Patriotism, Creativity, Volunteering, Integration, Development”, the congress plans to continue spreading the movement “I love my country” across the nation. During the 2014 – 2019 tenure, 80 percent of VYF chapters at communal and district levels and 100 percent of provincial-level chapters honoured youths with outstanding achievements in various areas. The VYF raised funds and built over 8,200 houses for … [Read more...] about Vietnam Youth Federation’s eighth national congress opens

The meeting was the first in four decades that came amid tense relations between the United States and China. Taiwan's national security chief David Lee met White House national security adviser John Bolton earlier this month, the island's foreign affairs ministry said in a statement on Saturday. The official Central News Agency said the meeting was the first since the island and the United States ended formal diplomatic ties in 1979. China considers Taiwan a renegade province, to be reclaimed by force if necessary, and the meeting is likely to anger Beijing further with Sino-U.S. relations already tense. The diplomatic temperature has risen in recent weeks amid an escalating trade war, U.S. sanctions and China's increasingly muscular military posture in the South China Sea, where the United States also conducts freedom-of-navigation patrols. The rare meeting will be viewed by Taiwan as a sign of support from the Trump administration. Tensions have also risen between Taipei and … [Read more...] about Taiwan and US security officials hold rare meeting amid China tension

The second Vietnamese Coffee Day will run from December 9 to 11 in Gia Nghĩa Town, Đắk Nông Province to boost the sustainable development of the coffee industry and increase the value of coffee products.—Photo tuoitre.vn HÀ NỘI — The second Vietnamese Coffee Day will run from December 9 to 11 in Gia Nghĩa Town, Đắk Nông Province to boost the sustainable development of the coffee industry and increase the value of coffee products. The coffee day will be an opportunity for local and foreign companies to learn about the market and share their experience in production, processing and trading coffee, he said. They could also use the event to find partners and advertisers. This event expects to attract the participation of representatives from ministries, sectors, provinces – especially localities producing coffee – embassies in Việt Nam, global and regional coffee organisations as well as coffee … [Read more...] about Coffee Day to open in Đắk Nông

Deputy Prime Minister Trương Hoà Bình speaks at the 2019 Đắk Lắk investment promotion conference held on March 10 in the province. VNS Photo Việt Dũng Viet Nam News Xuân Hiệp & Việt Dũng ĐẮK LẮK — Deputy Prime Minister Trương Hoà Bình has urged the Central Highlands region to build a Vietnamese coffee brand capable of competing with rivals at home and abroad. Speaking at the opening ceremony of the seventh Buôn Ma Thuột Coffee Festival on Saturday night, Bình said the region should aim to become a “world famous coffee destination”.  The area is known for its basaltic land with huge rubber and coffee plantations, he noted. “The Central Highlands region has great advantages and potential for coffee plantations and exports.” Đắk Lắk Province’s coffee products, with the … [Read more...] about Central Highlands province opens coffee festival, calls for investment