African economies

Hanoi (VNA) – Deputy Prime Minister and Foreign Minister Pham Binh Minh has said Vietnam pays special attention to its relations with Middle East and African countries, which have progressed in various areas over the past years. Vietnam established diplomatic ties with South Sudan in February 2019, raising the total number of regional countries that have diplomatic ties with Vietnam to 69 out of 70. Two-way trade neared 19 billion USD in 2019, tripling that in 2008. Vietnam exported farm produce, pharmaceuticals, consumer goods, telecommunications, and finance-banking services to the region. The country not only received over 7 billion USD in foreign direct investment from the region but also invested more than 2.6 billion USD there, mostly via Viettel’s telecom projects in several African nations. Cooperation in agriculture, energy, transportation, labour and exchange of experts also improved. With active, proactive and responsible contributions to dealing with … [Read more...] about Vietnam, Middle East-African nations boost relations

Lawyers for Canada's attorney general on behalf of the US Justice Department have said they will justify extradition by arguing that the US accusations against Meng would be considered a crime in Canada if they had occurred here -- a key test known as double criminality. … [Read more...] about Charges against Huawei exec ‘fiction,’ defense says at start of extradition

According to regulations issued by the Regional Department of Animal Health Office No 6, there must be strict controls placed on imported pork with checks on their certifications regarding food safety and hygiene by local authorities. Bach Duc Luu, Deputy Director of Department of Animal Health under the Ministry of Agriculture and Rural Development, said veterinary workers must move to strengthen inspections placed on imported pork as a result of the large quantity coming into the country. … [Read more...] about HCM City tightens controls on quality of imported pork

The fifth plenum of the 12th-tenure Party Central Committee issued thematic resolutions on perfecting institutions of the socialist-oriented market economy, and on restructuring, reforming and enhancing the efficiency of State-owned enterprises. In particular, the plenum issued Resolution 10/NQ-TW (June 2017) on developing the private economic sector into an important driving force of the socialist-oriented market economy. The resolution is said to be a drastic step in renewing the thinking on the private economic sector towards creating conditions for this sector to gain equal access to all opportunities and resources, particularly capital, land and natural resources. … [Read more...] about BUSINESS NEWS HEADLINES JAN. 21

As ASEAN chair this year, Deputy PM Bình said Việt Nam was one of the countries with the highest growth in the world, and a major contributor to the development of ASEAN. "Making ASEAN stronger is a priority in Việt Nam’s foreign policy," the Vietnamese official stressed. … [Read more...] about Deputy PM urges enhancing ASEAN identity