In the letter, the Trade Remedies Authority of Viet Nam expressed concern about the Philippines’ initiation of three safeguard investigations on steel products imported into the country, including aluminium zinc sheets, coils and strips, pre-painted galvanized iron and pre-painted aluminium zinc, and galvanized iron sheets, coils and strips. … [Read more...] about Vietnam asks to be excluded from Philippines’ investigations on steel
Vietnam china bilateral trade 2017
With a trade surplus of US$5.5 billion in the first half of the year, exceeding the estimate of the General Statistics Office at US$4 billion, there is possibility that the country’s 2020 trade surplus could surpass the record figure of US$11.12 billion in 2019, according to Viet Dragon Securities Company (VDSC). … [Read more...] about Vietnam trade surplus on track to beat 2019’s all-time high
Talking about business prospects in Vietnam, Vu Tu Thanh, USABC’s Deputy Regional Managing Director & Representative, said US businesses are seeking Vietnamese partners in the fields of technology, manufacturing, retail, consumer goods, medical equipment, electricity and supporting industries. … [Read more...] about Will US investors head for Vietnam after leaving China?
Algiers (VNA) – Vietnamese Ambassador to Algeria Nguyen Thanh Vinh had a working session on July 14 with Abdelmajid Chikhi, advisor to the Algerian President and Director General of the National Archives Centre, to discuss how to intensify cooperation in archiving information between the two countries. At the meeting, Vinh appreciated collaboration between the Algerian centre with Vietnamese partners, especially with the Vietnamese Embassy in organising activities in celebration of the 55th anniversary of bilateral diplomatic ties (October 28, 1962-2017). He expressed his hope that both sides maintain their close cooperation in order to contribute to the two countries’ relations. Abdelmajid Chikhi said he hopes for tighter collaboration with the Vietnamese Embassy as well as the State Records and Archives Department of Vietnam to soon sign a collaboration agreement between the two archives agencies. Algeria wants to learn from Vietnam’s experience in management … [Read more...] about Vietnam steps up cooperation with Algeria in information archiving
Singapore (VNA) – Vietnam’s effective containment of COVID-19 should allow it to make a quicker rebound than most other economies in the region and its GDP growth can be around 2.3 percent this year, Sian Fenner, an economist from Oxford Economics wrote in a July 14 report. With an expected recovery in the second half of the year, Fenner forecast the country’s GDP to grow 2.3 percent in 2020, slowing from 7.02 percent last year, followed by 8 percent growth in 2021. But the country remains vulnerable to external developments, particularly those affecting trade, tourism, and FDI, she added. "Whilst encouraging, we remain cautious in our outlook for momentum, following the initial bounce-back post lockdowns. Indeed, part of the recent rebound in retail sales reflects the release of pent-up demand," said the report. FDI is expected to pick up in the second half, with Vietnam's labour dynamics and geographical proximity to China ensuring that it remains an attractive … [Read more...] about Oxford Economics forecast Vietnam’s GDP to grow 2.3 percent in 2020