“It is expected to grow again around 7 percent this year because Vietnam signed recently several free trade agreements such as the European Union -Vietnam Free Trade Agreement (EVFTA), the Regional Comprehensive Economic Partnership (RCEP) agreement and the newly-concluded United Kingdom-Vietnam Free Trade Agreement (UKVFTA),” he told the Vietnam News Agency (VNA)’s reporter in Jakarta. … [Read more...] about VIETNAM NEWS JANUARY 21
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VIETNAM BUSINESS NEWS JANUARY 21
UNDP Resident Representative in Vietnam Caitlin Wiesen said Vietnam was one of only a few countries in the world to post GDP growth in 2020, of 2.91 percent, and for the first time it was ranked by the UNDP as among the High Human Development Group, with growth of 46 percent in its Human Development Index (HDI) during the 1990-2019 period, one of the most rapid transitions to high human development in history. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 21
Vietnam, Canada need to take advantage of CPTPP
John F.G Hannaford, Deputy Minister of International Trade at Global Affairs Canada, said he admires Vietnam’s effective response to COVID-19 and affirmed the important role of international cooperation amid the pandemic. Vietnam’s maintenance of an open supply chain for essential goods and services has supported uninterrupted trade flows between Canada and Southeast Asia, he said, stressing that Canada commits to intensifying its trade ties with Vietnam. Canada sees big opportunities for cooperation in the fields of food processing, agriculture, education, information and communications technology, and infrastructure in Vietnam, and hopes to attract more investment from the country, he added. Speaking at the webinar, Deputy Minister of Industry and Trade Do Thang Hai said that Vietnam can be viewed as a “centre of FTAs”, with several major and important agreements signed recently, such as the CPTPP (representing 13 percent of global GDP), the EU-Vietnam Free … [Read more...] about Vietnam, Canada need to take advantage of CPTPP
Vietnam, US finish first part of dioxin cleanup at Bien Hoa airbase
At an event held at the airport on Wednesday to announce the results of one year of work, the Air Defense Air Force Command signed an agreement with the U.S. Agency for International Development (USAID) to hand over an area of 7.2 hectares at the airbase for the latter to decontaminate over the next two years. … [Read more...] about Vietnam, US finish first part of dioxin cleanup at Bien Hoa airbase
Vietnam advised to invest more in vocational training
Hanoi (VNA) – Vietnam needs to develop dedicated technical and vocational education and training (TVET) programmes to enable its transition to the fourth Industrial Revolution, increasing worker productivity and the country’s competitiveness, the Asian Development Bank (ADB) says in a new study. The study named “Reaping the Benefits of Industry 4.0 through Skills Development in Vietnam” examines the logistics and agro-processing industries in the country which are both important for growth, employment, international competitiveness, and the fourth industrial revolution. ADB Country Director for Vietnam Andrew Jeffries suggested Vietnam consider new approaches to ensure inclusion and social protection for entry level workers, especially those at risk of job displacement, and those who need upskilling, while applying the fourth industrial revolution technologies. Adequate and timely investments in skills development can help the country not only to harness the … [Read more...] about Vietnam advised to invest more in vocational training
