Vietnam news

Illustrative image (Source: VNA) Berlin (VNA) – Germany will promote the attraction of human resources from Vietnam and other countries in Asia and South America due to a serious shortage of labour force in the coming time, according to a local official. The Vietnam News Agency’s correspondent in Berlin quoted German Minister for Economic Affairs Peter Altmaier as saying on December 13 that the shortage of skilled workers is one of the biggest challenges for Germany to stand firm in the context of global competition. To address this issue, Germany will have to attract human resources from countries outside the European Union (EU) to meet its labour demand. According to Altmaier, Germany is more likely to seek skilled workers from Asia and South America, specifically cooperating with economic unions to implement pilot projects with Vietnam, India and Brazil./. VNA … [Read more...] about Germany looks to draw human resources from Vietnam

Minister of Natural Resources and Environment Tran Hong Ha (R) and his Czech counterpart Richard Brabec (Photo: VNA) Prague (VNA) – Vietnam and the Czech Republic will enhance environmental collaboration under an action plan for cooperation during 2020-2025 signed between Minister of Natural Resources and Environment Tran Hong Ha and his Czech counterpart Richard Brabec in Prague on December 13. At the event, the two ministers spoke highly of the unceasingly consolidated traditional friendship between the two nations, describing it as a foundation for the environment ministries and sectors of both sides to boost cooperation in this field. Ha highlighted that the signing of the action plan, implementation of the Memorandum of Understanding signed between the two ministries in 2012 and the Vietnam-Czech environmental business forum will serve as a base for competent authorities of both sides to concretise cooperative activities in environment, climate change and technology … [Read more...] about Vietnam, Czech Republic step up environmental cooperation

The Ministry of Industry and Trade (MoIT) is drafting a circular providing guidance for the application of safeguard measures for textile and apparel products under the CPTPP. Workers iron clothes at Garment 10 Corporation. The MoIT is drafting a circular on safeguard measures for textile and apparel products under CPTPP. The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is the first “new-generation” free trade agreement (FTA) that Viet Nam has signed. It officially took effect on January 14 this year. With 11 member countries and high tariff reduction commitments, the use of legal tools to protect the domestic industry is likely to occur. Therefore, the ministry said it was essential to issue guidelines for measures to safeguard against the risk of increasing imports. They include transitional and emergency action measures. The transition period for Viet Nam’s textile and apparel products is up to five years. During this period, … [Read more...] about Vietnam considers safeguard measures for apparel sector under CPTPP

Vietnam has become an appealing investment destination for international textile and garment enterprises, as Vietnam’s apparel sector is expected to continue to register strong growth in the coming years. Visitors inspect equipment in the apparel sector at the 2019 Saigon Tex & Saigon Fabric Specifically, more than 1,000 suppliers from 24 countries and territories, including China, France, Germany, Japan, Singapore, the United Kingdom and Thailand, are participating in the 2019 Saigon Tex and Saigon Fabric exhibitions, the two events in the textile and garment industry held concurrently at the Saigon Exhibition and Convention Center in HCMC’s District 7 from April 10 to 13. There are 100 more exhibitors this year, than in 2018. Most of them agreed that Vietnam, a leading exporter of textiles and garments, is a promising market for suppliers of apparel materials and equipment. According to data from the General Statistics Office, Vietnam exported US$7.3 billion worth … [Read more...] about Vietnam’s apparel sector increasingly attractive to foreign investors

At a ceremony to hand over the ASEAN Chair to Vietnam (Photo: VNA) Hanoi (VNA) – Vietnam attaches much importance to its role as the ASEAN Chair 2020, and wishes to build a strong ASEAN Community which is resilient to regional and global challenges, Deputy Minister of Foreign Affairs Nguyen Quoc Dung has said. Briefing nearly 70 foreign ambassadors and representatives from embassies of ASEAN member states and ASEAN’s development partners at a conference in Hanoi, Dung, who is also Secretary General of the National ASEAN 2020 Committee, affirmed joining ASEAN’s activities is among the priorities in Vietnam’s foreign policy, and the country will spare no efforts to successfully act as the ASEAN Chair 2020. Vietnam has selected the theme “Cohesive and Responsive” for ASEAN 2020, he said, holding the two elements are interdependent and complimentary to each other. He laid stress on five priorities of Vietnam’s ASEAN Chairmanship Year, … [Read more...] about Vietnam wants to sustain ASEAN resilience to global challenges: Deputy FM