Chinas economic collapse

The flight was arranged by Vietnamese agencies, the Vietnam Economic-Cultural Office in Taipei and Taiwanese agencies to bring Vietnamese citizens who were stuck in Taiwan in especially disadvantaged circumstances back home. … [Read more...] about Over 340 Vietnamese citizens return from Taiwan (China)

The bill proved extremely controversial as it sparked fresh protests over fears of China’s growing power over the trade hub that was handed back to China from UK control in 1997 based on the" one country, two systems" principle, which allows regions like Macau and Hong Kong to maintain relatively independent systems of governance from the Chinese mainland. … [Read more...] about Hong Kong is China’s internal affair: VN diplomat

The two sides agreed to continue discussing their coordination in managing border areas and organizing activities to mark the 20th anniversary of the signing of the Vietnam-China Land Border Treaty, the 10th years of implementing three legal documents on the shared land border. They also agreed to conduct joint border patrols in accordance with the Agreement on Vietnam - China land border management regulations and the Protocol on land border demarcation and marker plantation at a suitable time. … [Read more...] about Vietnam, China strengthen bilateral cooperation

On account of the registration fee cut, however, many dealers say that the Honda CR-V will lose many of its advantages and even have to join a price war with domestically assembled vehicles. CR-V vehicles are now priced between VND983 million ($42,700) and VND1.1 billion ($47,500), and customers in Hanoi have to pay VND118-131 million ($5,100-5,700) registration fee, while customers only need to pay about VND60 million ($2,600) for a locally built rival Mazda CX-5 or a Hyundai, as registration fees have been cut by 50 per cent for domestically-produced cars. This shows that the future of Honda CR-V in Vietnam is uncertain as price is still a determining factor in sales in the market. … [Read more...] about BUSINESS NEWS HEADLINES MAY 30

Second, a concrete action that can help the ASEAN show leadership in stimulating the global economy is to roll back the trade restrictions imposed during the pandemic and conclude the Regional Comprehensive Economic Partnership (RCEP). Experience in the past three years shows that tariffs can slow global economic growth. On the other hand, concluding RCEP negotiations will help revive business confidence and stimulate growth – a needed shot in the arm for the global economy at this juncture of the pandemic. … [Read more...] about From containment to recovery: rescuing the ASEAN from crisis