Talks end with China warning trade benefits at risk if U.S. imposes tariffs U.S. Commerce Secretary Wilbur Ross (C,L), chats with Chinese Vice Premier Liu He, center, during a group photograph session after their meeting at the Diaoyutai State Guesthouse in Beijing, China Sunday, Jun 3, 2018 - PHOTO: REUTERS BEIJING (REUTERS) - China warned the United States on Sunday that any agreements reached on trade and business between the two countries will be void if Washington implements tariffs and other trade measures, as the two ended their latest round of talks in Beijing. A short statement, carried by the official Xinhua news agency, made no mention of any specific new agreements after U.S. Commerce Secretary Wilbur Ross met Chinese Vice Premier Liu He. It referred instead to a consensus they reached last month in Washington, when China agreed to significantly increase its purchases of U.S. goods and services. "To implement the consensus reached in Washington, the two sides have … [Read more...] about Talks end with China warning trade benefits at risk if U.S. imposes tariffs
S s c
The United States is willing to work with China on a “results oriented” relationship, but Beijing’s actions in the South China Sea call into question its intent and the Pentagon will “compete vigorously” if needed, U.S. Defense Secretary Jim Mattis said on Saturday. The comments by Mattis, speaking at the annual Shangri-La Dialogue in Singapore, come at a time of increased tension between the two nations in the South China Sea and highlight how President Donald Trump’s administration is looking to balance Chinese cooperation on North Korea while dealing with Beijing’s activities in the disputed sea. “China’s policy in the South China Sea stands in stark contrast to the openness our strategy promises, it calls into question China’s broader goals,” Mattis said in prepared remarks, adding that he would be traveling to China soon. “The U.S. will continue to pursue a constructive, results-oriented relationship with … [Read more...] about Mattis slams China on S.C. Sea, leaves door open for ‘results oriented relationship’
Vietnam’s e-commerce websites are still receiving heavy investment to develop despite big losses, but when will these projects stop losing? The Vietnamese e-commerce market is one of the leading markets in the region for investment. According to Nielsen, the annual growth speed of the e-commerce market is 22% and is expected to hit US$10 billion in annual revenue by 2022 from the current US$4 billion. The Vietnamese e-commerce market shows huge potential for development and receives great attention from new investors. In a recent report by Topica Founder Institute, e-commerce attracted US$83 million of foreign investment through 21 deals. Startup SEA (used to be Garena, which was termed as a unicorn in Asia), ranked first among investors pouring capital into Vietnamese startups in 2017. SEA spent US$64 million acquiring 82% of the shares in Foody, a food delivery website and app. CyberAgent Ventures, a Japanese venture investment fund, continues its activities in Vietnam. In … [Read more...] about When will Vietnam’s e-commerce players stop “burning money”?
Vietnam’s U16 squad will take part in the Asian championship in Group C. (Source: plo.vn) Hanoi (VNA) - Vietnam are in Group C at the Asian Football Confederation U16 Championship, following a draw in Malaysia on April 26. This puts them in the same pool as the 2016 runners-up Iran, Indonesia and India. Two years ago in India, Vietnam was halted at the quarter-finals. The draw saw Malaysia, quarter-finalists in 2014, placed in Group A with two-time champions Japan, and 1998 winners Thailand and Tajikistan. Group B gathers two-time champions the People's Democratic Republid of Korea, and Oman, Yemen and Jordan. Defending champions Iraq will look to make history by being the first team to win back-to-back titles as they face Australia, as well as the Republic of Korea – who won the Championship in 1986 and 2002 – and debutants Afghanistan in Group D. The championship will be held from September 20 to October 7. The top four teams will represent Asia in the FIFA … [Read more...] about U16 Vietnam to compete in Asian tournament’s Group C
F.D.C honored in Top 10 Reputable Contractors 2018 On April 18, Vietnam Report organized a ceremony honoring the Top 50 Fastest Growing Enterprises in Vietnam and the Top 10 Most Reputable Building Contractors 2018 at the National Conference Center in Hanoi. The event welcomed government leaders and representatives from businesses such as Vingroup, Coteccons, Nam Long and others. On behalf of FDC Investment Construction Joint Stock Company, General Director Ngo Thanh Phong attended the event. Ngo Thanh Phong of F.D.C receives the Top 10 Most Reputable Building Contractors 2018. Phong took part in the “Vietnam Growing and Prosperous Companies Forum” as part of the ceremony. The forum featured discussion on spotlights of the local real estate market, segment tendency and investment potential for this year as well as vision in the next 5 to 10 years of real estate and construction companies. F.D.C general director speaks at the event. In addition to the two … [Read more...] about F.D.C honored in Top 10 Reputable Contractors 2018