With its huge value and potential, the conservation of the ginseng requires a great deal of attention from both authorities and local people. Building a geographical indication for Danh Mountain ginseng is one of the latest endeavours by local authorities to preserve the valuable medicinal herb, contributing to building a brand and improving local socio-economic development.VNA … [Read more...] about Branding Danh Mountain ginseng from Bac Giang
Oecd economic outlook
More than 95% of Vietnamese people hold some religious belief and more than 27% or 24.3 million people are religious followers. There are 53,000 religious dignitaries and 28,000 establishments of worship. These figures are evidence of the openness in Vietnam’s policies on ensuring freedom of religion and belief. … [Read more...] about Freedom of belief and religion respected in Vietnam
Thirdly, Viet Nam should not compete with other countries to court more foreign capital by only offering investment incentives, as this can distort resource allocation and will not have a meaningful impact in the long run. The country will be more attractive to foreign investors if it can correct its weaknesses and shortcomings, such as improving the capacity of capital absorbency, perfecting logistics infrastructure, upgrading workers’ skills and ability, and reforming institutions. … [Read more...] about Can Vietnam could take advantage of new foreign investment strategies?
Streamlining regulations applicable to business sectors has a huge potential for triggering these dynamic gains. In many internal studies in the EU, it turned out that the right regulations, based on international standards and practices, will provide benefits to business, and attract international businesses that bring much higher benefits than the obvious gains from the tariff reductions. It is not about deregulating important government policies, but there are many ways to make regulations smarter. Better regulation inside Vietnam will also improve the competiveness of Vietnamese firms operating abroad and expanding to the EU. FDI often follows strong trade relations. In return, more FDI is likely to further increase the trade potential between partners. In its amazing progress to a middle-income country, Vietnam now realises that without further FDI its potential to become a regional hub and become part of global value chains may be limited. With the EVFTA and the EVIPA, … [Read more...] about How the EVFTA and EVIPA will help Vietnam lure investment
They included Politburo member, Vice Chairman of the Workers’ Party of Korea (WPK) Central Committee, and head of the WPK’s International Affairs Department Ri Su-yong; Politburo member, Vice Chairman of the WPK Central Committee, and head of the WPK’s Cadres’ Affairs Department Kim Pyong-hae; and Politburo member, Vice Chairman of the WPK Central Committee, and head of the WPK’s Economic Affairs Department O Su-yong. … [Read more...] about DPRK wants to cooperate with Viettel in telecommunication