The ministry informed the press that the USTR’s report provided comprehensive information regarding the case, including the reasons for and purposes of the investigation. The report did not mention or recommend imposing tariffs or any sanctions on Vietnam’s exports, the ministry said, noting that the efforts made at all levels, from Government leaders to officials of ministries, sectors, agencies, associations and businesses of both Vietnam and the US have brought about positive outcomes. The ministry, as chair of the Vietnam section in the Vietnam-US Trade and Investment Framework Agreement (TIFA) Council and the agency authorised to work with the US in handling the case, welcomed the conclusion of the USTR’s report. The USTR’s decision has a positive meaning for bilateral trade, Vietnam’s business and investment environment and co-operation between the two countries, the Ministry of Industry and Trade said. According to the ministry, immediately … [Read more...] about US won’t impose tariffs or sanctions on Vietnam’s exports
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Vietnam – Rising star in Asia’s shifting supply chains: EIU
According to the EIU, Vietnam’s geography is well-suited to export-driven activity. It has a long coastline that supports several deep sea ports and navigable rivers that reach into major urban centers, including Thai Binh in the north, and Ho Chi Minh City in the South. … [Read more...] about Vietnam – Rising star in Asia’s shifting supply chains: EIU
U.S. not impose tariff or sanction on Vietnam’s exports
U.S. not impose tariff or sanction on Vietnam’s exports (Photo for illustration) The report did not mention or recommend imposing tariff or any sanction measures on Vietnam’s exports, the ministry said, noting that the efforts made at all levels, from Government leaders to officials of ministries, sectors, agencies, associations and businesses of both Vietnam and the U.S. have brought about positive outcomes. … [Read more...] about U.S. not impose tariff or sanction on Vietnam’s exports
Police break up drug ring run by septuagenarian woman in northern Vietnam
An official from the provincial Department of Police told Tuoi Tre (Youth) newspaper on Saturday that officers had searched the house of Tran Thi Dam, 75, in Quang Trung Ward, Thai Binh City, which is the capital of the namesake province. … [Read more...] about Police break up drug ring run by septuagenarian woman in northern Vietnam
Vietnam makes a big push into renewable energy
The conclusion of the draft of the Eighth National Power Master Plan to be submitted soon by the Ministry of Industry and Trade to the Prime Minister includes notable points. They are bigger scale of wind and solar power development, no new coal-fired plants during 2026-2030, elimination of 9.5GW generated from imported coal-fired power plants and delay of 7.6GW of coal-fired power until after 2030-2035, including Quynh Lap 1 and 2 projects whose total capacity is 2,400MW. The southern and central regions will focus on renewable energy and liquefied natural gas (LNG) while imported coal-fired power will be developed mostly in the north. After 2025, power transmission lines from the south central region to the north region will be installed and the transition to sustainable energy will be encouraged. … [Read more...] about Vietnam makes a big push into renewable energy
