According to the Ministry of Industry and Trade, 72 countries recognize Vietnam as a market economy, including Canada, Australia, Japan, and South Korea. The UK did so recently with an official letter to the effect. Speaking to VnExpress , a Trade Remedies Authority Department official said since its first anti-dumping investigation case against Vietnam in 2002 the U.S. had been considering the country a non-market economy. In a meeting with the U.S. Secretary of Commerce Gina Raimondo in Washington last Tuesday, Prime Minister Pham Minh Chinh proposed the U.S. to soon recognize Vietnam’s market economy status . The need for recognition of Vietnam's market economy status was also in the joint statement between General Secretary Nguyen Phu Trong and President Joe Biden on upgrading the two countries' relations to a Comprehensive Strategic Partnership. The EU also sees Vietnam as a non-market economy. In 2015, while free-trade agreement negotiations were underway, the EU … [Read more...] about Significance of Vietnam being a market economy
Strategic partnerships jobs
Hanoi, Beijing step up cooperation in various areas
At the signing ceremony (Photo: VNA) Beijing (VNA) – Politburo member and Secretary of the Hanoi Party Committee Dinh Tien Dung voiced proposals to boost ties between the two Parties, States and capitals in the coming time during talks with his Beijing counterpart Yin Li in the Chinese capital on September 27. He proposed continuing to follow common perceptions reached by the two Party leaders and the Vietnam-China Joint Statement, as well as the leaders’ directions in order to enhance bilateral substantive cooperation across various fields and encourage localities to increase friendship and mutually beneficial cooperation. Yin Li said his visit holds significance at a time when the two countries are celebrating the 15th anniversary of comprehensive strategic cooperative partnership and the 29th anniversary of twinning ties between Beijing and Hanoi. memoranda of understanding on cooperation in specialised fields, including personnel training, urban planning, health … [Read more...] about Hanoi, Beijing step up cooperation in various areas
Monash University helps Vietnamese startups unlock their potential
Huynh Thanh Dat, Minister of Science and Technology, and Susan Elliott AM, interim president and vice-chancellor of Monash University What does it mean to Monash University to successfully host International TECHFEST 2023? We are pleased to host International TECHFEST 2023 – the first time the event has been held in Australia – as we celebrate the milestone of 50 years of diplomatic relations between Vietnam and Australia. We are delighted to collaborate with Vietnam's Ministry of Science and Technology and to have the opportunity to welcome the country's delegation to Monash. International TECHFEST 2023 reflects Monash University’s distinctive global footprint and commitment to international collaborations. It is a wonderful platform to strengthen relations between Monash and Vietnam, and deepen our connections with Vietnamese students, researchers, and industry leaders. Importantly, this event offers a significant opportunity to enhance the potential of the … [Read more...] about Monash University helps Vietnamese startups unlock their potential