Under the resolution, the country will aim to attract foreign investment in a selective manner, focusing on quality, efficiency, technology and environmental protection. Priority will be given to foreign direct investment (FDI) projects that use advanced technology and modern management with high added value, bringing spillover effects to Vietnamese enterprises, especially small and medium-sized enterprises; and the projects must be able to connect to the global production and supply chain. … [Read more...] about Can Vietnam could take advantage of new foreign investment strategies?
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Giorgio Aliberti Ambassador of the European Union Delegation to Vietnam, photo VOV These new foundations provide a good basis for expanded trade and investment opportunities. Vietnam is by far the biggest exporter of goods to the EU in the ASEAN – almost twice as much as the second strongest exporter, Singapore. Unfortunately, the trade is very unbalanced: Vietnam only buys a third of the products from the EU that Singapore buys, leading to big trade deficits. Regarding FDI, the EU is the largest investor in ASEAN countries, ahead of Japan and China. However, the EU is only the fifth-largest FDI partner of Vietnam. Is this an indication that there is room for FDI growth from EU companies to invest in Vietnam and what does this imply for trade? … [Read more...] about How the EVFTA and EVIPA will help Vietnam lure investment
Students in Thua Thien-Hue Province, central Vietnam are pictured before taking their literature test, part of the national high school exam, on August 9, 2020. Photo: Phuoc Tuan / Tuoi Tre The foreign languages can be English, French, German, Chinese, Japanese, or Russian; natural sciences are a combination of physics, chemistry, and biology; and social sciences include history, geography, and civic education. … [Read more...] about Vietnam’s national high school exam begins amidst COVID-19 epidemic
Hanoi (VNA) - Top leaders of Vietnam have extended congratulations to leaders of Singapore on the country’s 55th National Day (August 9). Party General Secretary and State President Nguyen Phu Trong sent a letter of congratulations to Singaporean President Halimah Yacob. Prime Minister Nguyen Xuan Phuc extended congratulations to his Singaporean counterpart Lee Hsien Loong. On the occasion, Deputy Prime Minister and Minister of Foreign Affairs Pham Binh Minh congratulated Singaporean Minister for Foreign Affairs Vivian Balakrishnan. Vietnam and Singapore officially set up diplomatic ties on August 1, 1973. Singapore has emerged as the biggest foreign investor in Vietnam in the first four months of 2020 with 5.07 billion USD, accounting for 41 percent of the total./. … [Read more...] about Congratulations to Singapore on National Day
The PM asked relevant ministries, departments and units to monitor the implementation of disease prevention and control measures by students, their parents, teachers and volunteers during the national high school graduation exam as well as ensure public transport services meeting increasing travel demand in these days. … [Read more...] about PM requires strict implementation of Covid-19 prevention rules in exit exam