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As Vietnam is doing well in its containment of the CODI-19 pandemic, it is expected the country’s tourism sector will gradually recover in 2021. In this context, enhancing connectivity between tourism service providers and promoting the role of major travel companies are both crucial factors for domestic tourism to reboot itself post-COVID-19. Therefore, more drastic measures are needed to remove the above-mentioned obstacles and increase the efficiency of tourism connectivity, thus enhancing the overall competitiveness of Vietnam’s tourism. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 16

State-owned banks recorded mixed results. Of Vietnam’s three biggest lenders by assets, CTG of VietinBank added 0.9 percent, BID of BIDV kept its opening price and VCB of Vietcombank shed 0.7 percent. MBB of mid-sized Military Bank climbed 1.3 percent. … [Read more...] about VN-Index sees biggest foreign net sell in eight months

The government defined 11 key missions and measures, including effective implementation of tasks to serve the organisation of the Party Congress, election of deputies to the National Assembly (NA) and all-level people’s councils, and preparation, issuance, and implementation of action programmes to carry out the resolutions. The government will also continue implementation of tasks in a flexible and effective manner – to simultaneously fight the pandemic and boost economic growth; while completing institutions for the socialist-oriented market economy, thus facilitating economic recovery and development based on stabilising the macro-economy and curbing inflation rate, as well as improving the economy’s resilience. … [Read more...] about New economic priorities for a new year

Hanoi (VNA) - Secretary-General Lim Jock Hoi of the Association of Southeast Asian Nations (ASEAN) and Chinese State Councilor and Foreign Minister Wang Yi agreed to further enhance ASEAN-China relations at their meeting in Brunei on January 14. Wang said the dynamic and fruitful China-ASEAN dialogue partnership has become an important pillar for regional peace and stability, development and prosperity. He noted China appreciates the important contribution made by the ASEAN Secretariat in promoting the development of China-ASEAN ties and cooperation in combating the COVID-19 pandemic. This year marks the 30th anniversary of their dialogue relations. Wang expressed his hope that both sides take this opportunity to organize a series of commemorative events, implement the five-year action plan, elevate their relations, and build a closer ASEAN-China community with a shared future. The official said China is willing to work with ASEAN to improve the level of cooperation in public … [Read more...] about ASEAN, China vow to boost ties

Within 15 to 20 years, Việt Nam will have removed 89.6 per cent of tariff lines for partner countries which, in return, will have removed up to 92 per cent of tariff lines for Việt Nam. Other ASEAN members will remove 85.9 per cent of all tariffs for Việt Nam.  … [Read more...] about Agricultural exports set to join more global value chains as new FTAs take effect