The EU-Vietnam Investment Protection Agreement was signed at the same time as the EVFTA in Hanoi on June 30, 2019. It will need to be ratified by all EU member states according to their national procedures before it can enter into force. Once ratified, it will replace the bilateral investment agreements that 21 EU member states currently have in place with Vietnam. … [Read more...] about European Council approves EU-Vietnam free trade agreement
Vietnam us trade relations
Trade raises demand for stable VND
When the Fed slashed its benchmark interest rate to near zero, the USD was anticipated to lose its appeal. Notwithstanding, in times of uncertainty a rush for cash shook the financial system, as investors hunkered down for a prolonged economic stall, taking the recent market turmoil into a new, more troubling liquidation phase. The demand for the dollar, and safe-haven assets in general, is running ahead of the Fed’s stimulus moves. … [Read more...] about Trade raises demand for stable VND
Vietnam’s tourism eager for EU trade deal opportunities
The EVFTA is offering favorable conditions for Vietnamese tourism businesses to expand operations by taking advantage of market opening commitments and preferential policies applied to hotels, restaurants, travel agents, tour operators and tour guide services. “There will be great opportunities for Vietnam to attract investment and promote business cooperation in the field of tourism with the EU,” Trang said. … [Read more...] about Vietnam’s tourism eager for EU trade deal opportunities
Police urged to ensure national security, social order during COVID-19 pandemic
The police forces would supervise and revoke weapons, explosives and supporting tools in society to minimise damage to people and property caused by weapons and explosives, especially post-war bombs, mines and unexploded ordnance and gangs illegally producing, trading, transporting and storing weapons and explosive materials, he said. — VNS … [Read more...] about Police urged to ensure national security, social order during COVID-19 pandemic
G20 ministers agree to keep markets open, tackle pandemic supply disruptions
The ministers, however, stopped short of explicitly calling for an end to export bans that many countries, including G20 members France, Germany and India, have enacted on drugs and medical supplies. A key adviser to U.S. President Donald Trump is working on new rules to expand “Buy America” mandates to the medical equipment and pharmaceutical sectors, something that dozens of business groups said could worsen shortages. … [Read more...] about G20 ministers agree to keep markets open, tackle pandemic supply disruptions
