Neighbours South Korea, Japan and Singapore, along with the US, remain Vietnam’s biggest foreign investors Photo: Le Toan Just a few days ago Travelport, a tech company on the New York Stock Exchange providing solutions for the travel and tourism industry, worked with the Vietnamese Ministry of Transport (MoT) on business opportunities for its global distribution system (GDS) in the sector. “Having a presence in Vietnam for 16 years, Travelport sees huge business potential in not only tourism but also other areas. Thus we are planning to expand operations to other sectors in Vietnam, including in transport,” said Martin Herbert, managing director in Asia for Travelport. Being one of the world’s leading GDS providers, Travelport’s new move is in line with growing demands for technology applications in the tourism and aviation industries to increase competitiveness in the digital age. New policies to the south Travelport’s step is in … [Read more...] about New overseas policies ignite fresh FDI wave
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Vietnam becomes member of UN Commission on International Trade Law Vietnam has become a member of the United Nations Commission on International Trade Law (UNCITRAL) for the first time, singing up for a six-year term. The Southeast Asian country won 157 out of 193 votes at an election during the 73rd session of the UN General Assembly in New York, the US, on December 17. The success in the election shows the country’s rising international prestige and is recognition of the country’s efforts and contributions to the common tasks of the international community. National Assembly conference on SDGs held in Da Nang Delegates at the opening ceremony of the conference (Photo: quochoi.vn) A conference on the National Assembly and the Sustainable Development Goals (SDGs) was jointly organised by the Vietnamese National Assembly, the Inter-Parliamentary Union (IPU) and the UN Development Programme in the central city of Da Nang on December 17-18. The conference focused discussions … [Read more...] about December 17-23: Vietnam becomes member of UN Commission on International Trade Law
The EU will create new payment channels to preserve oil and other business deals with Iran, Federica Mogherini, the bloc’s foreign policy chief said late on Monday, in a bid to evade US punitive measures. US President Donald Trump withdrew from a 2015 nuclear deal in May and re-imposed sanctions on the country. Mogherini’s announcement came after a meeting with foreign ministers from Britain, France, Germany, Russia, China, and Iran on the sidelines of the United Nations General Assembly in New York. “In practical terms this will mean that EU member states will set up a legal entity to facilitate legitimate financial transactions with Iran and this will allow European companies to continue to trade with Iran in accordance with European Union law and could be open to other partners in the world,” she told reporters after the closed-door meeting. The EU, along with Russia and China, said in a joint statement that the so-called “Special Purpose Vehicle” … [Read more...] about EU, Iran agree on new payment system to skirt US sanctions
It was “not very reassuring,” Jeffrey Ordaniel told VnExpress, referring to the address by U.S. Defense Secretary James Mattis at the Shangri-La Dialogue in Singapore a week ago. Ordaniel, Research Fellow with the Pacific Forum, felt that while Mattis outlined what America wants to see in the so-called Indo-Pacific Region, he failed to clearly articulate how Washington could help smaller countries resist pressure and coercion from China. He could not even clearly commit to defend the Philippines, a mutual defense-treaty ally, in the South China Sea, Ordaniel noted. The South China Morning Post quoted the Defense Secretary as saying that the "the U.S. will continue to pursue a constructive, results-oriented relationship with China, cooperating when possible and competing vigorously where we must … of course we recognize any sustainable Indo-Pacific order has a role for China." But the U.S. bark seems to lack bite, analysts feel. On May 23, the U.S. disinvited China … [Read more...] about Is the US going soft on China?
Travis Reinking -- who exhibited "mental instability" and was arrested last year for trying to enter the White House grounds -- was captured in the early afternoon after a more than 24-hour manhunt. "A tip from the community is what led to the arrest," Nashville Mayor David Briley told a news conference. The 29-year-old was to face four counts of criminal homicide charges for Sunday’s pre-dawn shooting that also wounded two people. He was captured without incident at a wooded area near his home, refused to speak with authorities and asked for a lawyer, police said, adding that they found a semi-automatic weapon and ammunition in a backpack he was carrying. After his arrest, police posted photos of Reinking in the back of a police car, looking disheveled and wearing a ripped maroon shirt and jeans. "He looked like he was tired," said Nashville police lieutenant Carlos Lara. Reinking is accused of using an AR-15 semi-automatic rifle to rain bullets at the Waffle House restaurant … [Read more...] about US authorities capture Tennessee shooting suspect