Forty years after the war ended, relations between Viet Nam and the United States have grown significantly, especially in trade. In 2014, Viet Nam became the top ASEAN exporter to the US with a record trade surplus of almost US$25 billion. Bilateral trade reached $36.3 billion last year. Both nations are participants of Trans Pacific Partnership (TPP) trade negotiations, so bilateral trade is predicted to expand. Viet Nam News spoke to experts about how Viet Nam can leverage its reforms and economic competitiveness to reap the benefits of these new opportunities. The US has become a key trading partner and investor for Viet Nam. In the next two or three years, do you think the US could become the top investor in Viet Nam? Adam Sitkoff, executive director of American Chamber of Commerce Viet Nam It is a credit to the Vietnamese and American people that our two countries have been able to move beyond the tragedies of our shared past to build such a vibrant and strong friendship. One of … [Read more...] about US – VN trade likely to boom under TPP – Opinion – In the Spotlight – Vietnam News Politics, Business, Economy, Society, Life, Sports
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VietNamNet Bridge – A conference on special economic zones will be held in the northern province of Quang Ninh this week to prepare for the development of the model in Vietnam. Do Thi Hoang, Standing Deputy Secretary of the Quang Ninh provincial Party Committee unveiled the plan for such a future zone on the province’s Van Don Island in an interview published on the Vietnam Investment Review on March 18. Why was Van Don selected to be a special administrative and economic zone (EZ)? Van Don was selected by the Vietnamese government to develop this special model for following reasons: Firstly, it is the biggest island in the north of Vietnam and is still largely untapped. Secondly, it has easy access to other economic and political centres in Asia. It is located in a corridor linking China and ASEAN. Its proximity to China, the biggest market in the world, makes Van Don a high potential investment destination. Additionally it only takes 1-4 hours flight from Van Don … [Read more...] about Quang Ninh to establish VN’s first special economic zone
Distinguished guests, comrades and compatriots, In a joyous atmosphere buoyed by the successes of the 11th National Party Congress, and the elections to the 13th National Assembly and People's Councils at all levels for the 2011-2016 term, we are given a happy chance to be here today for a national Meeting in response to the World Oceans Day (June 8) and Việt Nam Sea and Island Week 2011, which was launched on June 1 and will run through June 8. On behalf of the Government, I would like to extend my greetings and best regards to the distinguished guests, delegates, and the entire fellow-men and soldiers nationwide. Distinguished guests, comrades and compatriots! Sea and islands hold a very important role in the socio-economic development cause of almost all countries on the globe. Today, in the context of increasing scarcity of land natural resources and narrowing traditional economic space, many countries are seeking to explore and exploit natural resources in the sea to meet … [Read more...] about PM Dũng’s speech at VN Sea and Island Week 2011
What were they thinking? In the wake of last fall’s revelation that the National Security Agency had wiretapped German Chancellor Angela Merkel’s cell phone, the report of U.S. intelligence’s involvement in two other likely cases of spying on Germany is mind-boggling. Now the story has taken a dramatic new turn, with Germany expelling the CIA chief of station in Berlin — an almost unprecedented step by an ally. This unusual action reflects how seriously the Merkel government takes these spying allegations. What could the CIA hope to gain by infiltrating the BND, the German Federal Intelligence Service, knowing there was a chance that the operation might be exposed? What was worth this risk? U.S. President Obama and German Chancellor Merkel address joint news conference in the White House Rose Garden in WashingtonCIA and White House officials have said little to answer the question. But the fact that German industry has strong ties to both Russia and Iran … [Read more...] about U.S. spying on Germany: Making enemies out of allies, and for what?
(VOVworld) – A Friday art show at the Vietnam Culture and Arts Exhibition Centre in Hanoi kicked off the Vietnam Sea and Islands Culture and Tourism Week. Deputy Minister of Culture, Sports and Tourism Vuong Duy Bien spoke at the opening ceremony:“The celebration aims to promote the unique values of Vietnam’s sea and islands to both people in Vietnam and around the world while attracting investment for cultural and economic development in coastal areas. It is expected to enhance people’s patriotism and their awareness, contributing to national sustainable development, construction and defense." On this occasion, 13 provinces and cities will introduce the beauty of their cultural and relic sites, festivals and daily activities. Phan Van Tu, Director of the Quang Nam provincial Tourism Promotion Center, said: "We will introduce the typical tourism features of our sea and islands including Hoi An town, My Son sanctuary, and the world biosphere reserve Cham … [Read more...] about Vietnam Sea and Islands Culture and Tourism Week kicks off