Phase one deal welcomed by businesses
15:48 | 17/12/2019 Cooperation
The phase one trade deal between China and the United States, which holds off a planned US tariff increase on billions of dollars of Chinese imports previously set to take effect on Sunday, was welcomed by US business groups. But they urged the removal of all additional duties as well.
EU prioritizes helping Vietnam’s digital economy development
09:46 | 17/12/2019 Cooperation
(VEN) - The EU will prioritize providing Vietnam with technologies and share experience to help the country develop its digital economy, said the EU’s newly-accredited Ambassador to Vietnam Giorgio Aliberti. He spoke at a press conference in Hanoi on November 12 after he officially assumed a four-year term of office in Vietnam.
Sweden offers Vietnam help in shaping a zero waste, circular economy
08:50 | 13/12/2019 Cooperation
(VEN) - Sweden, a global leader in waste management and recycling, is willing to share its experiences with Vietnam in order to promote its circular economy, said Swedish Ambassador to Vietnam Ann Mawe at a workshop themed “Promoting a low-carbon circular economy - a Swedish perspective” held recently in Hanoi. “In a circular economy, we see everything as a resource for something else - waste becomes a resource,” she explained.
Breakthrough in RCEP negotiations on world’s largest free trade area
11:09 | 09/12/2019 Vietnam - Asean
(VEN) - After nearly seven years of negotiations, the 10 ASEAN member states and its allies reached agreement on the Regional Comprehensive Economic Partnership (RCEP) and pledged to sign the trade deal in 2020. The consensus over what is shaping up to be the world’s biggest free trade area was reached within the framework of the 35th ASEAN Summit and Related Summits in Thailand.
South-East Asia’s GDP growth to remain at 4.5 percent in 2020
19:40 | 06/12/2019 Cooperation
Economic growth across the South-East Asia (SEA) region is expected to slow from 5.1% in 2018 to 4.5% in 2019 and remain unchanged in 2020, amid high risks of a re-escalation in trade tensions, according to ICAEW’s latest Economic Update: South-East Asia report. As a result, the outlook for exports and private investment will remain challenging and continue to dampen regional GDP growth.