The nation also gained high growth in pepper exports to some markets including Thailand, Russia and Turkey. The exports surged by 89.4 per cent in volume and 46 per cent in value to Turkey, 40.6 per cent in volume and 10.3 per cent in value to Russia, and 34.8 per cent in volume and 0.6 per cent in value to Thailand. … [Read more...] about Pepper price to remain low this year
Foreign investments act of 1991
APEC carried a lot of weight this year for Vietnam and Da Nang. Vietnam’s wish to wrap up the Trans Pacific Partnership (TPP) trade deal although Canada at some point wanted to back out for reasons unknown was the big item. The idea was the deal would act as a ‘counterweight’ to the immense power of Chinese economic influence. With the country hoping to expand export markets further, it would have been an unexpected blow had Canada really left the negotiation table. … [Read more...] about APEC and Damrey in Vietnam: Whew! It’s over!
Last year, the proportion of exports to CPTPP member countries increased significantly. In addition, there is a strong shift in the investment of CPTPP countries into Vietnam’s textile and garment industry. In a short time, local businesses have diversified and do not depend on any one market. Over the years, the US market accounted for more than 50 per cent of the export turnover but so far, this number has fallen a lot. … [Read more...] about Textile sector set for success
The nCoV virus has spread from mainland China to Thailand, South Korea, Japan, Taiwan, Macau, Hong Kong, the U.S., Singapore, Malaysia, France, Canada and Vietnam. Chinese authorities said as of Tuesday morning, January 28, 106 people had died of the disease. The number of confirmed cases of individuals infected with the virus reached over 4,500. … [Read more...] about Da Nang cathedral and hotel turn tourists away amid coronavirus fears
The spring of 2020 is knocking at the door. It will begin with the 90th anniversary of the Communist Party of Vietnam. On its development path, Vietnam will promote the achievements of the past, particularly more than 30 years of national renewal and international integration. … [Read more...] about Welcoming a new spring with confidence