Positive net exports which is a trade surplus

Nordic countries, including Denmark, Finland, Norway, and Sweden, shared their experience in green solutions to a circular economy and waste management and policy implications for Vietnam at a seminar held in Ho Chi Minh City on Wednesday. The seminar was organized by the Embassies in Vietnam of Denmark, Finland, Norway, and Sweden and Fulbright University Vietnam to mark the occasion of Nordic Day 2023 (March 23). In his opening remarks at the seminar, Ambassador of Denmark to Vietnam Nicolai Prytz said with a long tradition of working together to find solutions to common challenges, the Nordic countries are proud to share their experience and knowledge with Vietnam. “We believe that sharing experience and best practices with our partners is essential to promoting sustainable development,” Prytz added. Meanwhile, Ambassador of Norway to Vietnam Hilde Solbakken highlighted the role of the private sector in promoting green innovation, saying, "In the Nordic region, we have seen … [Read more...] about Nordic countries share circular economy, waste management solutions with Vienam

Vietnamese Ambassador to Belgium Nguyen Van Thao, who is also head of Vietnam's Delegation to the E.U., made the statement at a workshop to review the relations between ASEAN and E.U. over the last four decades in Brussels on March 21. Speaking on behalf of ASEAN at the discussion on trade cooperation, Thao highlighted the great potential for the two sides to further step up trade cooperation, which he said is a driver of the ASEAN - E.U. relations. According to the diplomat, the two sides are now the third largest trade partners of each other. They have mutual complementarity in key export products, and at the same time have the needs and policies to diversify supply chains. The E.U. is also the second biggest foreign investor in ASEAN with more than 380 billion EUR invested in ASEAN as of 2021. He proposed that the two sides should set up a free trade agreement (FTA) on the basis of bilateral FTAs that the E.U. has signed with ASEAN member nations, including Vietnam. The … [Read more...] about Vietnam calls for stronger ASEAN – E.U. relations

The number of Cambodian travelers entering Vietnam is on the high rise, with the primary purpose of these visits quickly shifting from medical tourism to vacation tourism. Vietnam currently welcomes over one million Cambodian tourists each year – a figure which has surged since the end of the COVID-19 pandemic. Still, many local travel firms claim the number of Vietnamese companies offering tourism geared toward Cambodian tourists remains limited. Extended stays According to Pham Ngoc Ha, deputy general director of Saco Travel Company, her firm has been facilitating travel for scores of weekend travelers from the Cambodian provinces which border Tay Ninh Province in southern Vietnam. Popular tourism attractions for these visitors were local pagodas and Ba Den Mountain in Tay Ninh. Prior to the COVID-19 pandemic, many of these tours lasted just one day. Now more and more Cambodian tourists are opting for four-day, three-night tours to Ho Chi Minh City and other major … [Read more...] about Vietnam a major destination for Cambodian tourists