Eu vietnam free trade agreement

Building solidarity based on a foundation of common interests is central to the survival of ASEAN, Vietnamese Deputy Prime Minister Pham Binh Minh said in a press interview on Tuesday. The statement comes just one week before the socio-economic bloc celebrates its 50th anniversary. ASEAN, or the Association of Southeast Asian Nations, was founded on August 8, 1967 when foreign ministers from Indonesia, Malaysia, the Philippines, Singapore, and Thailand gathered in Bangkok to sign the ASEAN Declaration. The association has since expanded to include Brunei, Vietnam, Laos, Myanmar, and Cambodia, raising its membership count to ten countries. On Tuesday, Deputy PM Minh, who serves as Vietnam’s Minister of Foreign Affairs, sat down with the country’s press to share his vision for ASEAN’s development ahead of the association’s 50th birthday. An infographic illustrating the history of development of the Association of Southeast Asian Nations (ASEAN). Graphic: Tuoi Tre … [Read more...] about ​Solidarity vital to ASEAN’s survival: Vietnamese Deputy PM

Hardy Diec, Managing Director of FedEx Express Indochina. Photo by FedEx Express What’s the status quo with the logistics industry? Supply chains have never been more important. More than that, reliability and accuracy in these supply chains have now become even more paramount. During this pandemic, the logistics industry has proven to be vital, whether in delivering critical healthcare shipments including vaccines and medicine, or delivering huge volumes of e-commerce shipments to end consumers. The pandemic has shifted consumer behavior greatly. The boom in e-commerce will continue to be a powerful engine of the global economy. We’re witnessing how essential supply chains are to business survival, success and growth - they are not just an opportunity to reduce cost. Businesses are rethinking their supply chains, moving to a "just in case" approach for inventory management to counter unplanned scenarios. Being able to receive products and critical components either by … [Read more...] about Innovative logistics models in great demand: FedEx director

Last year, around 140 countries and territories agreed in principle to set up a minimum corporate tax rate-illustration photo, Source:Freepik.com At a conference on May 10, the Vietnam Association of Foreign-Invested Enterprises (VAFIE) released its first annual report on foreign direct investment (FDI) in the country. One of the discussion points at the event was the topic of a global minimum corporate tax and its potential impact on Vietnam’s FDI prospects. Last year a landmark agreement was reached on a minimum global corporate tax rate of 15 per cent. However, the proposal is still in its early stages and getting the majority of nations to come to implemented it may take plenty more time. “Large corporations often choose to pour money into nations with good tax regimes and more incentives. If the global minimum tax of 15 per cent is applied, it will certainly have a big impact on businesses in Vietnam,” said Hong Sun, vice chairman of the Korea Chamber of Business in … [Read more...] about Nation urged to prepare for tax overhaul

Greek President Katerina Sakellaropoulou arrived in Hà Nội's Nội Bài International Airport on Sunday, beginning her official visit to Việt Nam. VNA/VNS Photo HÀ NỘI — Greek President Katerina Sakellaropoulou arrived in Hà Nội on Sunday, beginning her official visit to Việt Nam at the invitation of Vietnamese President Nguyễn Xuân Phúc. Within the framework of the five-day visit, the Greek President will visit the Monument to Heroic Martyrs and Hồ Chí Minh Mausoleum, hold talks with President Nguyễn Xuân Phúc, pay a courtesy visit to Party General Secretary Nguyễn Phú Trọng, and meet with Chairman of the National Assembly Vương Đình Huệ. She will also attend a document signing ceremony and meet with the press, visit the Temple of Literature and attend some local events. The visit is expected to contribute to consolidating political trust and deepening the multi-faceted cooperation between the two countries. The visit takes place in the context that the traditional friendship … [Read more...] about Greek President’s Việt Nam visit expected to deepen multi-faceted cooperation

The relations would be enhanced through commitments in a wide range of fields, including economic, maritime cooperation, building trust, and people-to-people links. ASEAN member states and the US have reaffirmed their shared commitment to strengthen and build more comprehensive ASEAN-US Dialogue Relations. The declaration was included in a joint vision statement released at the US-ASEAN Special Summit, the first-ever held in Washington, D.C., on May 12-13 with the participation of the US president and leaders of the Association of Southeast Asian Nations (ASEAN) member states. The tightened relations are aimed to promote peace, security, stability, and prosperity in the region and ensure that relations remain adaptable to meet new challenges; and appropriately cooperate in international and regional fora of which ASEAN member states and the US are members. The two sides stressed the importance of creating a peaceful environment for strengthening the existing bonds of … [Read more...] about US-ASEAN Joint Statement reaffirms comprehensive Dialogue Relations

Vietnamese Prime Minister Pham Minh Chinh (left) met with US President Joe Biden, photo VNA All eyes were focused on last week’s US-ASEAN Special Summit in Washington D.C., where both sides demonstrated their closer ties across many sectors including global health security, climate change, sustainable development, maritime cooperation, human capital development, and education, as well as connectivity and economic engagement, and especially digital development. The US and ASEAN have reaffirmed their commitment to support digital development in the bloc so as to realise its vision “of a peaceful, secure, open, interoperable, reliable and resilient ICT environment”. The US vows to “support development of ASEAN’s digital infrastructure to drive robust, inclusive economic growth and prosperity; and promote development of a secure, resilient, and innovative 5G ecosystem as well as exchange views and experiences on cyber threats and on the regulatory framework and technical standards … [Read more...] about United States widens ASEAN engagement

At the event, the Vietnamese PM congratulated Laos on the positive results in the country’s fight against COVID-19 and reopening, and highly valued the two countries’ sound cooperation in the bilateral framework as well as at regional and international forums. The Lao PM spoke highly of Vietnam’s important achievements in the recent time, especially in bringing the COVID-19 pandemic under control and promptly reopening its borders for socio-economic recovery and development, and thanked Vietnam for cooperation and support for Laos over the years. The two PMs rejoiced at the stable development of the Vietnam-Laos great friendship, special solidarity and comprehensive cooperation. Since the start of 2022, the countries have exchanged delegations at all levels, notably an official visit to Vietnam by the Lao PM in January. They have collaborated in effective implementing high-level agreements and those adopted at the 44th meeting of the Inter-Governmental Committee chaired by the … [Read more...] about Prime Minister Pham Minh Chinh meets Lao counterpart in U.S.

The Nghe An Federation of Labour and Quang Khoi General Hospital signed the agreement on May 11 The agreement aims to reduce the costs of healthcare services and post-Covid-19 healthcare consultation in regular check-ups for trade unionists in Nghe An province. Kha Van Tam, chairman of the Nghe An Federation of Labour stressed that ensuring and protecting labourers’ interests and benefits, including taking care of their health, should be further paid attention to by units and agencies, especially post-Covid-19 healthcare. Quang Khoi General Hospital signed agreements with several businesses, including Hoang Mai Cement Company, Hoa Sen Nghe An One Member LLC and Vinatex Hoang Mai. Quang Khoi is one of the leading private hospitals in Central Vietnam. After over three years of operation, Quang Khoi has significantly improved service quality to better serve growing demands among people and businesses. Moreover, the hospital signed agreements with three international … [Read more...] about Quang Khoi Hospital and Nghe An Labour Federation cooperate in post-Covid-19 healthcare consultation