Economic restructuring

Washington D.C. (VNA) - The past 25 years have witnessed strides made in economic and trade cooperation between Vietnam and the US, contributing remarkably to bolstering bilateral relations, Minister Counsellor in charge of trade affairs Bui Huy Son has said. Their economic relations have expanded in scale since the two established diplomatic ties, he told Vietnam News Agency correspondents in the US. Economic and trade cooperation has made important contributions to and remains one of the important pillars of Vietnam-US relations. According to US figures, two-way trade saw a 333-fold increase in the 25-year period, rising from 233.4 million USD in 1994 to 77.5 billion USD in 2019. Cooperation has also seen positive changes in quality, he added, as the structure of Vietnam’s exports to the US has been diversified, with the presence of industrial and processing products such as electronic components, iron and steel, rubber, and home furniture. Vietnam has primarily focused on … [Read more...] about Vietnam, US making strides forward in economic, trade relations

Cooperation has also seen positive changes in quality, he added, as the structure of Vietnam’s exports to the U.S. has been diversified, with the presence of industrial and processing products such as electronic components, iron and steel, rubber, and home furniture. Vietnam has primarily focused on shipping agricultural products, garments and textiles, and footwear to the U.S. … [Read more...] about Vietnam, U.S. making strides forward in economic, trade relations

 Quang Ninh (VNA) - The water environment in the world-renowned Ha Long Bay has been under tremendous pressure from the growing socio-economic activities in the area. Recognised twice by the UNESCO as a global heritage, Ha Long Bay remains one of the country’s top attractions – drawing in 9.87 million tourists last year, of which, 4.28 million are foreign tourists, bringing in 797 million USD in revenues, up 30 percent against 2016. Everyone it seems wants a slice of the pie with a boom in accommodation – 12,000 rooms, 80 hotels, and 512 cruises (including overnight ones). Pham Dinh Huynh, deputy head of the bay’s management board, said the international recognition of the Bay has been a boom to the province’s development but also causes a lot of troubles for the authorities. Ha Long Bay is not just a purely tourist site. Several vital socio-economic activities make use of the bay – marine transport route cuts through the bay to move goods … [Read more...] about Ha Long Bay’s water under threats

Besides offering tourist companies with opportunities to develop their brands and promote services toward tourists, this event also aims to reserve and elevate the value of the intangible culture and tradition which will boost the tourism development, attract investment and build tourism brand of Cao Lanh City. … [Read more...] about Hoi An ancient town to be recreated at Cultural Days in Cao Lanh

C.P. Vietnam CEO Montri Suwanposri C.P. is a Thai corporation with 100 years of experience in the food industry and agricultural industry. An early entrant (since 1993) as the country began opening up to foreign investors, C.P. Vietnam (CPV) has succeeded in implementing its 3F business model (Feed- Farm- Food) and expanded into the retail sector (CP FreshMart, CP Kiosk, CP Shop, Five Star) with a vision of being the “Kitchen of the world”. Its work has earned it several awards of merit from the Vietnamese government, especially the highest distinction, The Third Class Labor Order by the State in 2018. In 2019, CPV ranked 18th among the 500 largest enterprises in Vietnam. … [Read more...] about C.P. Vietnam targets balanced growth benefits