Vietnams economy

Vietnam records 1.35 billion USD trade deficit in first half of June Vietnam reported a trade deficit of 1.35 billion USD in the first half of June as exports reached only 12.3 billion USD – down nearly 2 billion USD compared to the latter half of May, the General Department of Customs has announced. Among items posting the strongest turnover decline included computers, electronics and parts with 1.06 billion USD, down 800 million USD; machinery and equipment with 1.1 billion USD, down 260 million USD; and telephones and components with 1.96 billion USD, down 50 million USD. Since the beginning of this year to mid-June, the nation’s trade value surpassed 288.6 billion USD. Of the sum, over 143.3 billion USD came from exports, up 30 percent year-on-year while the remainder of 145.3 billion USD was from imports, up 36 percent. That resulted in a trade deficit of 1.96 billion USD, the department said. According to trade experts, the above-mentioned trade deficit was … [Read more...] about VIETNAM BUSINESS NEWS JUNE 23

Additional 88 domestically-transmitted COVID-19 cases reported Vietnam logged 97 new COVID-19 cases, including 88 domestic and nine imported, in the past six hours to 6pm on June 22, the Ministry of Health (MoH) said. Most of the new cases were detected in Ho Chi Minh City, with 63 infections, and the remainders were discovered in Bac Giang (12), Bac Ninh (6), Hung Yen (2), Nghe An (1) and Hanoi (1). By 6pm on June 22, the country had recorded a total of 12,010 domestically-transmitted infections and 1,717 imported cases. The number of locally-transmitted cases since the fourth COVID-19 wave hit Vietnam on April 27 amounted to 10,875, including 2,772 recoveries. According to the MoH’s Medical Service Administration, 5,546 patients have given the all-clear from coronavirus SARS-CoV-2 to date, while the death toll related to the disease was 69. Among active patients undergoing treatment, 377 have tested negative to the virus once, 132 twice and 141 thrice./. 12-hour … [Read more...] about VIETNAM NEWS HEADLINES JUNE 22

British Minister of State for Asia Nigel Adams (left) on June 22 hosts a reception for newly-appointed Vietnamese Ambassador to the United Kingdom Nguyen Hoang Long. (Photo: VNA) London (VNA) – British Minister of State for Asia Nigel Adams on June 22 hosted a reception for newly-appointed Vietnamese Ambassador to the United Kingdom Nguyen Hoang Long. Adams welcomed Long taking his new mission as Vietnamese Ambassador to the UK at a time when bilateral relations are growing fruitfully. He expressed his delight at significant development steps of the bilateral relationship over the past years and thanked Vietnam for supporting the UK to become a Dialogue Partner of the Association of Southeast Asian Nations (ASEAN) and its bid to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The new ambassador, for his part, said Vietnam is committed to implementing the “Joint Declaration on UK-Vietnam Strategic Partnership: Forging ahead for … [Read more...] about British diplomat rejoices at development of UK-Vietnam ties

The winners of the "Make in Vietnam digital technology product" awards 2021 will be considered for inclusion on the list of IT products and services prioritized for investment, hiring and procurement by state agencies. "Make in Vietnam digital technology products" is an award launched for the first time in 2020 by the Ministry of Information and Communications to honor excellent digital technology products designed, created and manufactured in Vietnam that have great practical value recognized in the development of the digital economy, digital government and digital society in the country. The Ministry of Information and Communications will hold an online press conference to announce and launch this award on June 18. This event will take place at the same time at six places: the headquarters of the Ministry of Information and Communications in Hanoi and the headquarters of the Department of Information and Communications of Hanoi, Hai Phong, Da Nang, Ho Chi Minh … [Read more...] about 2nd ‘Make in Vietnam digital technology products’ awards launched

Head of the Party Central Committee's Economic Commission Tran Tuan Anh hosts in Hanoi on June 23 Minister of State for Trade Policy in the Department for International Trade of the UK Greg Hands. (Photo: VNA) Hanoi (VNA) – Head of the Party Central Committee’s Economic Commission Tran Tuan Anh hailed the growing strategic partnership between Vietnam and the UK in various areas during a reception in Hanoi on June 23 for Minister of State for Trade Policy in the Department for International Trade of the UK Greg Hands. low-carbon economy . UK on being one of the first countries in Europe and the world in terms of COVID-19 vaccination, Anh proposed the UK Government create more favourable conditions for vaccine provision and facilitate vaccine production technology transfer to Vietnam, as well as waive copyright requirements for the country. Vietnam ’s guiding role in climate change response in ASEAN and its achievements in renewable energy development. VNA … [Read more...] about Vietnam, UK tap cooperation potential

NA Chairman Vuong Dinh Hue (L) holds talks via videoconference with the RoK's NA Speaker Park Byeong-seug on June 23 (Photo: VNA) Hanoi (VNA) – Chairman of the National Assembly (NA) Vuong Dinh Hue had talks via videoconference with Speaker of the NA of the Republic of Korea (RoK) Park Byeong-seug on June 23, in which he affirmed Vietnam’s readiness to work with the RoK to lift bilateral ties to a new height. Hue stressed that Vietnam treasures and wants to develop its cooperation and friendship with the RoK, which is one of the leading and long-term partners of the Southeast Asian country. Vietnam highly values and believes that the RoK’s New Southern Policy will create great opportunities for the two countries to strengthen their strategic cooperative partnership, he said. Regarding the Korean Speaker’s proposal to elevate the bilateral relationship, which will turn 30 in 2022, to a comprehensive strategic partnership, Hue affirmed that Vietnam is ready to work … [Read more...] about Vietnam ready to join RoK in lifting relations to new height: NA Chairman