The European-Viet Nam Free Trade Agreement (EVFTA) is also expected to be approved by the 14th National Assembly in its ongoing ninth meeting. Under the agreement, tax imposed on exports from Viet Nam to EU will be eliminated as soon as EVFTA takes effect or shortly thereafter (maximum seven years). Thanks to the EVFTA, Viet Nam’s revenue from exports to the EU is forecast to surge by 44 per cent by 2030. … [Read more...] about Can Viet Nam could take advantage of new foreign investment strategies?
Honey 1999 ecotourism and sustainable development
Mr. Le Huu Tho, chairman of Vietnam Tourism Association, said that regional connectivity between HCMC and the Mekong Delta should be implemented more drastically by local government, businesses and residents. The Mekong Delta in particular should pay more attention to developing human resources in the tourist industry to meet the region’s development requirements. … [Read more...] about HCMC, Mekong Delta promote domestic tourism for post Covid-19 recovery
The workshop is part of VPI’s ongoing long-term research programme seeking solutions for improving oil recovery in Vietnam’s mature fields, which are hoped to curb reductions in output and enhance exploitation efficiency, VPI expert Nguyen Huu Trung said. … [Read more...] about Hanoi to host international workshop on oil recovery technology
Hanoi (VNA) - The PetroVietnam Gas Corporation (PV Gas), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), reported nearly 27.6 trillion VND (1.18 billion USD) in revenue between January and May, more than 6 percent higher than its target for the period. Pre-tax profit stood at over 4.5 trillion VND, exceeding the target by 34 percent. It also contributed close to 2 trillion VND to the State budget, 62 percent higher than expected. According to PV Gas General Director Duong Manh Son, its operations were impacted by the COVID-19 pandemic triggering a fall in oil prices. PV Gas has made every effort to sustain its business, reduce inventory, and clear several construction hurdles, he said. As such, the company produced and distributed nearly 3.8 billion cubic metres of gas in the first five months of this year, meeting its target. Production and distribution of LPG and condensate stood at 720,000 and 26,000 tonnes, respectively, 41 and 10 percent higher than targeted./. … [Read more...] about PV Gas’s Jan-May revenue surpasses goal despite pandemic
Under the direction of Prime Minister Nguyen Xuan Phuc, Vietnamese authorities and overseas representative offices will continue arranging for more flights to bring Vietnamese citizens home in the coming time, based on the pandemic developments at home and foreign countries and the capacity of local quarantine facilities. … [Read more...] about Vietnam brings home 350 citizens from Australia, New Zealand