Nigeria recorded 3bn trade surplus with us in 2018

Washington DC (VNA) - An interactive video conference on “Promoting Vietnam - US Trade in Footwear Post COVID-19” took place in Washington DC on May 27 (US time) to connect Vietnamese producers and American distributors and retailers. The conference was co-hosted by the Ministry of Industry and Trade’s Vietnam Trade Promotion Agency (Vietrade), the Vietnam Trade Office in the US in partnership with Footwear Distributors and Retailers of America (FDRA), the Vietnam Leather, Footwear and Handbag Association (Lefaso), and USAID Linkages for Small and Medium Enterprises (LinkSME), to boost the export of footwear - one of Vietnam’s main foreign currency earners - to the US. It was the first video conference ever held bringing Vietnam’s footwear sector and a foreign market together. As both countries gradually reopen their economies, the conference and its business matching session provided a platform for Vietnamese firms and US importers to learn about each … [Read more...] about Vietnam, US promote footwear trade post-pandemic

According to Plan No.478/KH-TTCP issued last week by Chief Government Inspector Le Minh Khai, GI in the second quarter will inspect the responsibility of State Bank of Vietnam (SBV) in the implementation of the project on restructuring credit institutions (CIs) in combination with settling non-performing loans (NPLs) at CIs during 2013-17 period. SBV was entrusted to formulate the project, which aims to restructure CIs and settle NPLs on the principles of ensuring the interests of depositors and maintaining the stability and safety of the banking system as well as reducing the number of poorly performing CIs. Overall solutions of the restructuring project include completing the legal framework, perfecting policies and mechanisms related to monetary and banks’ operations, improving the financial and business administration capacity of credit institutions and bettering inspections and supervisions over banks’ operations. The State Bank of Vietnam (Photo: … [Read more...] about Gov’t Inspectorate to conducts 25 inspections in 2018

Although the numbers who queued to see the Leonardo show were impressive, it fell short of the French record set by a Tutankhamun blockbuster from Egypt's National Museum, which drew 1.4 million people to the Villette arts complex in northern Paris last year. … [Read more...] about Leonardo show smashes Louvre’s all-time record

With regard to the overall economic impact, the EVFTA is expected to create a favourable environment as a way of helping local firms seize upon the greater opportunities to export to major markets, therefore increasing the scale of trade between the nation and the bloc.  … [Read more...] about EVFTA to help Vietnam develop into a global manufacturing hub

Many travel agencies have also launched their own products and strategies in order to promote domestic tourism. Hanoi Redtours his providing families with attractive tours with discounts of 30-50%; meanwhile, Vietravel has built packages with discounts of up to 50%. Grasping the backpacking trend, the companies have also added retail products and services, including booking hotels and air tickets as well as car rental. For example, the AZA Travel Company has introduced various attractive services, with discounts of up to 70% for air tickets and hotels and up to 50% off on vouchers to luxury resorts around the country.  … [Read more...] about BUSINESS NEWS HEADLINES MAY 28