The ratification of the EVFTA marked a fairly good start but it is more important for Vietnamese companies to explore ways to optimise benefits from the trade deal to boost exports to Germany, according to Anh. The EVFTA supplements the World Trade Organisation (WTO), Anh told the Vietnam News Agency's correspondents, adding that Vietnam and Germany have basically completed required procedures to set up a joint committee for economic cooperation this year. Germany plays a vital part in the EU and it is a major importer of most of Vietnam’s key products shipped to the EU, he said. Germany has become one of Vietnam’s leading trade partner in recent years, with the two-way trade exceeding US$15 billion in 2019, of which exports to Germany hitting nearly US$11 billion. The trade counselor urged domestic producers to enhance productivity and use of advanced technology in production while adding values for their products and meeting Germany’s … [Read more...] about Trade counselor advises firms to optimise EVFTA
Following the agreement, PEGA now has two business contracts with Cuba worth over VND60 billion (around US$3 million), in total value. Most notably, the first contract includes an order of 1,260 PEGA XMEN electric motorbikes with a value of roughly VND20 billion. The order is currently in the process of being completed with efforts being made to prepare to transport the products to Cuba. … [Read more...] about Vietnam gears up to export electric motorbikes to Cuba
Earlier this year, the Ministry of Planning and Investment (MPI) built plans to boost Vietnam’s FDI appeal in 2020 to mitigate the impacts of the pandemic. According to statistics by the ministry’s Foreign Investment Agency, in the first half of the year, the total registered FDI reached $15.67 billion, down 15.1 per cent on-year. However, added capital in existing projects hit $3.7 billion, up 26.8 per cent. … [Read more...] about New large-scale ventures promise more to follow
According to Charles Oppenheim, Chief of the Visa Control and Reporting Division, U.S. Department of State, with significant number of unused family-based visas in FY2020, more than 14,200 EB-5 visas will be available for distribution in 2021. The Department of State treats Hong Kong (and Macau and Taiwan) as a separate foreign territory from mainland China for the purposes of immigration visa quotas. Thus, foreign nationals who are born in Hong Kong are not charged under the mainland China visa categories. … [Read more...] about CanAm: More Hong Kong residents favoring EB-5 visa to immigrate to the U.S.
The decision may have disappointed fans of the brilliant bugs, but it provides an unusually serene atmosphere as the insects blink on and off, appearing to dance through the black night air. The natural spectacle lasts just 10 days in early summer, and is the final chapter of a firefly's life. "The glowing is the courtship behaviour of fireflies. They glow to communicate between the male and the female," Katsunori Funaki, from the city's tourism division, told AFP. "During the short, 10-day period, they find a partner and lay eggs for the next year." When conditions are right, with neither rain nor wind, as many as 30,000 fireflies perform their magic during the 10-day period in Tatsuno, a town set on a river in central Nagano prefecture. "Historical records say a massive number of fireflies were seen along the Tenryu river in the late 19th through early 20th century," Mayor Yasuo Takei said. But the creature almost died out in the area as silk production and other industries … [Read more...] about With festival cancelled by virus, Japan fireflies dance alone