Definition foreign direct investment

The retreat is the opening event of the ASEAN Chairmanship Year of Brunei in 2021 with the theme “We Care, We Prepare, We Prosper”. At the event, ASEAN foreign ministers will discuss a wide range of issues, including the implementation of outcomes of the 37th ASEAN Summit that took place in November 2020 in Hanoi, and major tasks and priorities of the grouping in 2021, as well as issues of the association’s external relations and regional and international matters of common concern. Earlier, speaking at the first press conference of the Foreign Ministry in 2021, Hang said that 2020 witnessed special and unprecedented things. Along with socio-economic and traditional security issues, the COVID-19 pandemic has posed widespread and deep impacts on all aspects of life at global level and on each country and people. She affirmed that in this context, with the consensus and efforts of the whole political system and people, Vietnam gained encouraging achievements in … [Read more...] about Deputy PM to attend ASEAN Foreign Ministers’ Retreat

Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc has requested ensuring democracy, fairness, safety and thrift in the elections of deputies to the 15th National Assembly and the People’s Councils at all levels in the 2021-2026 tenure. In a directive dated January 14, PM Phuc asked the Ministry of Information and Communications (MIC) to coordinate with relevant agencies to direct news agencies to disseminate the significance and importance of the elections, the right to vote and to stand as a candidate of citizens to officials, public servants, armed forces and people from all walks of life. The Ministry of Planning and Investment should instruct the General Statistics Office to guide its provincial and municipal chapters to provide population data until December 31, 2020 to serve as a foundation to count the number of NA and People’s Council deputies at each administrative unit. The Government leader directed the Ministry of Transport and the MIC to work on specific … [Read more...] about PM orders democratic, fair, safe organisation of general elections

HCM City (VNA) - The recently-signed Regional Comprehensive Economic Partnership (RCEP) agreement will create opportunities for Vietnam’s agricultural products to extend their reach in the region and the world, experts have said. Le Duy Minh, President of the Vietnam Farms and Agricultural Enterprises Association, told a meeting in Ho Chi Minh City on January 15 that the agriculture sector has been integrating intensively and extensively into the world but also faces considerable difficulties and challenges, including the impact of the COVID-19 pandemic, climate change, trade disputes between major economies, and an increase in technical barriers in many countries. Vietnam signed a number of important economic deals in 2020, heralding a new era of economic integration with opportunities to expand export markets and attract more domestic and foreign investment. Among the deals, the RCEP, which gathers together 10 ASEAN countries and five partners (the Republic of Korea, China, … [Read more...] about RCEP to help farm produce expand presence in global markets

Take Germany for example. Despite hailing free speech as one of its bastions of freedom, Germany has remained relatively strict on which type of content is allowed to exist on social media platforms used by its citizens, owing to its history. If German public authorities detect provocative behavior on social media, such as hate speech or references to Nazism, social media companies are required to remove such content from their platforms, and face a fine of over $60 million for failing to comply. However, Seibert said in the same press conference that the general behavior of social media companies, including their ability to restrict and censor content on their platforms, is “under the legal framework decided by legislators, not by those who run the company". … [Read more...] about Social media – a revolution to be feared

On November 15, four months after the EU-Vietnam Free Trade Agreement (EVFTA) took effect, Vietnam and other ASEAN member countries officially signed the RCEP agreement with five big partners – Australia, China, Japan, the Republic of Korea (RoK) and New Zealand. … [Read more...] about RCEP: local enterprises stepping firmly forward