Sustainable development

In the economic development aspect, the EU is currently one of Vietnam’s largest export markets with an export value to this zone touching $41.5 billion and an import value reaching $14.9 billion last year. Thereby, when the EVFTA and IPA come into force, the two-way trade and investment flow from EU to Vietnam is forecast to rise robustly, making active contributions to Vietnam’s economic growth, facilitating export, pushing up market’s diversification, procuring higher added values through newly established supply chains, and creating more jobs. … [Read more...] about Scrutinising the implications of new deals on Vietnam’s economy

Last year, the island welcomed 300,000 visitors, including 676 foreigners and pocketed 400 billion VND (17.6 million USD) from tourism revenue. Meanwhile, in the first nine months of this year alone, some 250,000 travellers chose Co To to spend their holiday, including more than 1,000 foreign holidaymakers. … [Read more...] about Alluring Co To island – a new draw in Quang Ninh province

Ralf Matthaes, managing director of market researcher Infocus Mekong, also said that e-commerce should benefit considerably as delivery services help negate potential infection. Pre-packaged FMCGs such as cereals and soups should see an overall spike in demand as there may be a fear of infection regarding fresh produce, although medical experts declared some time ago that infection via this method would be highly unlikely, even from items imported from China. … [Read more...] about E-commerce and FMCG markets shaken by outbreak

A study by U.K.-based risk consultancy Verisk Maplecroft analyzed 500 cities worldwide with more than 1 million residents and identified places likely to experience sea level rise of 67 cm-2 meters (26.4-78.7 inches) by 2100, in line with scientific estimates if global warming increases at its current pace. … [Read more...] about Asian cities urged to bolster defense against rising seas