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Foreign players in vietnam

/ October 1, 2020

Vietnam, UK set upward trajectory for next 10 years

The Hanoitimes - Hanoi hopes trade link will support its export-driven economy while London is trying to secure trade deals ahead of the transition period after Brexit. Vietnam and the UK have agreed refresh and strengthen their strategic partnership and set the framework for forging ahead in the next decade. Vietnam and the UK look to forge ahead the partnership in the next decade. Photo: MOFA The two sides adopted a joint declaration at a meeting between Vietnamese Deputy Prime Minister and Minister of Foreign Affairs Pham Binh Minh and UK Foreign Secretary Dominic Raab on September 30 during the British diplomat’s visit to Hanoi, the first by a European politician to Vietnam since the start of the Covid-19 pandemic. The declaration, which marks a milestone of 10 years of the Vietnam-UK Strategic Partnership, outlines the UK and Vietnam’s commitment to further strengthening the bilateral partnership. It includes (1) deepening bilateral trade and investment, and pursuing more open trade through global and regional economic integration; (2) co-operating to support sustainable economic growth, and to combat the urgent challenges presented by climate change; (3) working together on shared security challenges through peace-keeping operations, military healthcare and training and maritime security; (4) enhancing ties in education, vocational training, higher education, particularly in the field of science and technology; (5) enhancing bilateral cooperation in defense and security and to combat serious and organized crime; (6) promoting people-to-people links, equal rights, including promoting gender equality and tackling modern slavery; and (7) committing to a closer coordination through multilateral fora, including the United Nations and within the framework of ASEAN. Trade deal dominates the visit To prepare for partnership in the next 10 years, the two sides highlighted the importance of a bilateral trade agreement that dominates …

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/ March 1, 2021

VIETNAM NEWS HEADLINES MARCH 1

Vietnam logs no new COVID-19 infections on March 1 morning Vietnam documented zero COVID-19 infections in the past 12 hours as of 6:00 am on March 1, leaving the national tally unchanged at 2,448 patients, according to the National Steering Committee for COVID-19 Prevention and Control. Earlier, Vietnam reported 16 COVID-19 cases at 6pm on February 28, including 12 locally infected cases in the northern province of Hai Duong, the country's largest COVID-19 hotspot, and four imported cases in the southern provinces of Tay Ninh and Dong Thap. Of the total infections, there were 1,542 domestically-transmitted cases, including 849 recorded since the latest outbreak hit the northern province of Hai Duong on January 27. Ten cities and provinces nationwide have gone through 16 consecutive days without any locally-infected cases of COVID-19, including Hoa Binh, Dien Bien, Ha Giang, Binh Duong, Hung Yen, Bac Giang, Gia Lai, Bac Ninh, Quang Ninh, and Ho Chi Minh City. Meanwhile, Hanoi has recorded 14 straight days of no coronavirus cases. A total 60,693 people who came in close contact with COVID-19 patients or arrived from pandemic-hit areas are under quarantine nationwide, including 560 at hospitals, 12,298 at other quarantine sites, and 47,835 at home. Among patients under treatment, 62 have tested negative for SARS-CoV-2 once, 53 twice, and 95 thrice. Report from the Treatment Sub-committee showed that Vietnam has seen 1,876 recoveries so far. In a bid to live safely with the pandemic, people should strictly follow the Ministry of Health’s 5K message: khau trang (facemask), khu khuan (disinfection), khoang cach (distance), khong tu tap (no gathering), and khai bao y te (health declaration)./. Hai Duong dissolves COVID-19 treatment hospital No.1 Chairman of the Hai Duong provincial People's Committee Nguyen Duong Thai, who is also head of the provincial Steering Committee for COVID-19 Prevention and Control, on February 27 decided to …

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/ September 30, 2020

UK foreign minister seeks trade deal in Vietnam visit

The Hanoitimes - Both Vietnam and the UK are looking for a trade deal after Brexit. UK Foreign Secretary Dominic Raab is scheduled to visit Vietnam from September 29 – 30 to hold talks with his Vietnamese counterpart Pham Binh Minh, with a trade deal at the top of the agenda ahead of the ending of the transition period for Britain's exit from the European Union this year, Nikkei Asia reported. UK Foreign Secretary Dominic Raab to seek a trade deal with Vietnam in two-day visit. Photo: Reuters. Britain hopes to strengthen economic ties with Asia-Pacific countries and expand trade beyond Europe after Brexit. Vietnam approved a free trade deal with the EU in June and the EU-Vietnam Free Trade Agreement came into effect in August. Without a new bilateral trade deal with Vietnam, Britain faces higher tariffs from January 2020. Additionally, Britain is also seeking to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), an 11-member multilateral trade pact that Vietnam is a member of. After reaching an economic partnership agreement with Japan earlier this month, UK International Trade Secretary Liz Truss told Nikkei that London would accelerate talks with CPTPP members. "We have not yet confirmed our timeline for formal application, but any final application decision we make will depend on the progress of bilateral negotiations with CPTPP members," she said. The UK is set to engage in individual closed-door meetings with the framework's existing members, which include Japan, Vietnam, Malaysia, Singapore, Australia, New Zealand, Canada, Mexico, Peru, Chile and Brunei. Vietnam is also keen to push an FTA with the UK as Covid-19 weighs on the export-driven economy. For this year, the country targets an economic growth of 2.5%, significantly lower than the previous forecast of 5% in May before a resurgence of the virus in July. The two foreign ministers will be discussing collaboration in the fight …

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