Why does politics affect economy

Scientific and correct awareness of the harmful effects of climate change for having practical solutions and actions is an urgent requirement. Protection of the environment in general, response to climate change and ensuring human rights in climate change policies and laws in particular, is implemented by many different measures and on basic principles, including the principle that the State recognizes and protects human rights to live in a healthy environment. … [Read more...] about Climate Change: Vietnam’s strong political commitment to protection of human rights

“I love street food and actually Việt Nam is known to have some of the best street food in the world. We should appreciate street vendors but organise them in a way that does not cause chaotic scenes in the urban landscape,” she added. … [Read more...] about Food streets improve vendors’ incomes, tidy up neighbourhoods

Vietnam has focused in recent years on developing infrastructure and logistics services to facilitate export and draw investment. Recently, Margrethe Maersk, one of the world’s largest container ships, successfully docked at the Cai Mep International Terminal (CMIT) in the southern province of Ba Ria-Vung Tau. In the past, such large ships often chose other terminals in the region, the Port of Singapore for example, but nowadays Vietnam has become their port of choice, reflecting the positive signals of Vietnam’s exports that promote demand for marine transportation. Vietnamese goods can now be shipped directly to buyers, saving time and enhancing Vietnam’s competitiveness as an exporter. … [Read more...] about Vietnam optimistic about growth in first half of 2021

Accordingly, low-skilled manufacturing wages will rise at a moderate pace relative to Việt Nam’s regional competitors. However, specialised labour in manufacturing and services professions will remain scarce. In the field of investment, high-tech manufacturers will continue to enjoy incentives for many years to come. In addition, Việt Nam has joined many trade agreements and maintained good relations with trading partners, helping to reduce transaction costs for local businesses. … [Read more...] about Việt Nam to remain at centre of Asian supply chains: EIU

HCM CITY — Vietnamese farm produce exporters are expected to benefit from increased participation in global value chains as a result of the Regional Comprehensive Economic Partnership (RCEP) and the UK-Việt Nam Free Trade Agreement (UKVFTA), speakers said yesterday at a conference in HCM City.  … [Read more...] about Agricultural exports set to join more global value chains as new FTAs take effect