The draft political report submitted to the 13th National Party Congress has shown the importance and the pioneering role of foreign affairs in the cause of building and safeguarding the country. An important foundation to implement the task is to continue "building a comprehensive and modern diplomacy" with focus on three pillars of Party diplomacy, State diplomacy and people-to-people diplomacy. … [Read more...] about Looking back at Vietnam’s external affairs over the past 35 years
Zimbabwe economic crisis
Vietnam posts remarkable economic achievements in 2016-2020 period
The country’s labour productivity in the 2016-20 period increased by 5.8 per cent, exceeding the set target, while the consumer price index decreased from 18.6 per cent in 2011 to below 4 per cent in the 2016-20 period. Its import and export increased 1.7 times, with a trade surplus posted for five consecutive years. E-commerce became an important distribution channel of the economy with an increase of 25 per cent. The country also saw its tourism sector grow nearly 30 per cent per year on average, reaching 18 million international visitors in 2019, an increase of more than 10 million compared to 2015. … [Read more...] about Vietnam posts remarkable economic achievements in 2016-2020 period
Thanh Hoa: a promising investment destination
Along with beautiful beaches like Sam Son, Hai Tien, Hai Hoa, Tien Trang and Dong – Nghi Son, and Hon Me Islet, Thanh Hoa has been known for the Pu Luong and Pu Nhi-Xuan Lien nature reserves, Cam Luong Fish Stream, Ma Hao Falls, Voi (Elephant) Falls and May (Cloud) Falls. … [Read more...] about Thanh Hoa: a promising investment destination
US shares experience in environmental management
Hanoi (VNA) – The US’s experience in environmental management and air quality control in Vietnam were touched upon at a seminar in Hanoi on January 25. The event, themed “Solving the air quality crisis: from the US to Vietnam,” was jointly held by the US Agency for International Development (USAID), the environmental protection agency under the Hanoi Department of Natural Resources and Environment, and Live & Learn Centre. Dr. Le Bich Thuy from the Hanoi University of Science and Technology pointed out the harmful impact of air pollution on human health and life, and called for joint efforts to find suitable measures to tackle the problem. Le Thanh Thuy, from the environmental protection agency, said given environmental challenges, Hanoi has increased investments in waste control and treatment. Eric Wolvovsky, an expert from the US Bureau of Ocean Energy Management, introduced the US’s adequate and strict policies and laws on environmental … [Read more...] about US shares experience in environmental management
Standard Chartered forecasts Vietnam’s 2021 GDP growth at 7.8%
The Regional Comprehensive Economic Partnership could provide opportunities for local small and medium enterprises to move up the value chain with the simplification of procedures. Manufacturers in advanced countries such as Japan, China and South Korea may consider minimizing costs by outsourcing the final processing steps to less expensive ASEAN countries such as Vietnam to achieve cost benefits. … [Read more...] about Standard Chartered forecasts Vietnam’s 2021 GDP growth at 7.8%