Vietnamese logistics firms are embracing technology to optimise their costs and improve their competitiveness, according to experts.
After France unveiled the latest version of its policy in the Indo-Pacific (“France and security in the Indo-Pacific”) in May 2019, and after the United States published its updated “Indo-Pacific Strategy Report” in June 2019, ASEAN is next in line in terms of new articulations of an ongoing concept that has been under development.
Chinese companies are accelerating investment in Việt Nam – but some local businesses are voicing concerns. Foreign investment hit a four-year high of US$16.7 billion in the first five months of this year, up 69 per cent compared to the same period in 2018.
Party General Secretary and President Nguyen Phu Trong and President of the Russia Federation Vladimir Putin have exchanged greetings on the occasion of the 25th anniversary of the treaty on basic principles for the bilateral friendship (June 16, 1994-2019).
Australia considers Vietnam one of its key partners in Southeast Asia and is keen to further strengthen bilateral ties, both within bilateral and multilateral frameworks, Australian Foreign Minister Marise Payne has said.
With an emerging market economy and continued strong growth, Việt Nam is set to become one of the most dynamic markets in the world by 2030, according to Euromonitor International, a global market research company.
To implement the commitments of Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP Agreement) in the customs field, recently, Director General of Vietnam Customs has signed Decision No.1489/QĐ-TCHQ promulgating implementation plan of CPTPP Agreement).
In incremental stages over the past year, President Trump has imposed punitive tariffs on imports from China. Currently, about $250 billion worth of Chinese products are subject to tariffs of 25 percent.
The Ministry of Industry and Trade (MoIT)’s key task is to evaluate the building and adjustment of policies to support the development of the digital economy, according to Deputy Minister Cao Quoc Hung.
The prolonging trade war between the US and China makes it easier for Vietnam to continue its upward trajectory toward becoming a developed economy, Bennett Murray recently wrote on the ‘Foreign Policy’ paper.
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