Notably, Viet Nam has gained outstanding achievements in the international integration process. According to Minister Nguyen Chi Dung, by 2020, Viet Nam has signed 15 free trade agreements and is negotiating two others. The country has 16 strategic partners, 11 comprehensive strategic partners and joined more than 500 bilateral and multilateral agreements in many fields. A total of 71 countries have so far recognised Viet Nam as a market economy. … [Read more...] about Vietnam posts remarkable economic achievements in 2016-2020 period
Why are fossil fuels considered nonrenewable resources
Hà Nội strives to become a green, smart and modern city
We set general targets for the capital in each period. By 2025, Hà Nội will be a smart, modern, highly competitive city in the country and the region. By 2030, it will become a 'green - smart - modern' city with regional and international competitiveness and complete industrialisation. Hà Nội will have a high quality of life; comprehensive and sustainable economic, cultural and social development; and be a globally connected city with international competitiveness by 2045. … [Read more...] about Hà Nội strives to become a green, smart and modern city
Thanh Hoa: a promising investment destination
Covering more than 106,000ha, the Nghi Son Economic Zone has attracted many domestic and foreign projects, including the Nghi Son Thermo-electricity Plant and the Nghi Son Refinery and Petrochemical Complex, which was put into operation in December 2018 and had a total investment of more than 9.3 billion USD. … [Read more...] about Thanh Hoa: a promising investment destination
Standard Chartered forecasts Vietnam’s 2021 GDP growth at 7.8%
The country stands to benefit from the trade and technology tensions between the United States and China, which are expected to continue under the new U.S. administration. Significant supply-chain relocation is already underway as a result of the U.S.-China trade war. … [Read more...] about Standard Chartered forecasts Vietnam’s 2021 GDP growth at 7.8%
Cambodia to have trade, labour courts by this year’s end
Phnom Penh (VNA) – Cambodia’s Minister of Justice Koeut Rith has directed the formation of two committees to begin the process of establishing separate courts for commercial and labour disputes, Phnom Penh Post reported on January 25. According to two decision letters issued on January 21, the committees are comprised of 20 members from the justice ministry, the Supreme Council of Magistracy, government delegates, the heads of the Phnom Penh Municipal Court and Appeal Court, and some other relevant officials. To prepare for the establishment of the commercial and labour courts, these two committees’ members have been asked to prepare documentation and legal briefs to determine each court’s relationship to the lower courts and the higher courts, including the Appeal Court and Supreme Court. The committees also have to conduct a study to determine the appropriate locations for these courts as well as examine any necessary changes to trade procedures and … [Read more...] about Cambodia to have trade, labour courts by this year’s end