Economists say many companies and corporations are accelerating their efforts to relocate production out of China. Facing a shift in investment from China to other countries, with Vietnam featuring prominently on their radar, many domestic enterprises are paying great attention to investment in infrastructure development, especially building industrial zones associated with new urban areas. … [Read more...] about Bright outlook for Vietnam’s economy despite Covid-19 setback
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Measures sought to strengthen Vietnam’s economic autonomy
Hanoi (VNA) - A workshop discussing measures to improve the effectiveness of the implementation of the Regional Comprehensive Economic Partnership (RCEP) agreement and enhance the autonomy of Vietnam’s economy in the context of international integration was held on January 20 in Hanoi. The workshop, "Making RCEP work for economic well-being and autonomy in Vietnam: Required reform of trade and investment institutions", was co-hosted by the Central Institute for Economic Management (CIEM) and the Australia Supports Economic Reform in Vietnam (Aus4Reform) programme. It aims to assess trade and investment activities between Vietnam and other RCEP members, clarify institutional and structural issues that may affect the ability to take advantage of the opportunities, and address the challenges posed by the deal, thus proposing institutional reforms. According to CIEM Director Dr Tran Thi Hong Minh, in addition to efforts to realise the “dual goal” of controlling … [Read more...] about Measures sought to strengthen Vietnam’s economic autonomy
VIETNAM BUSINESS NEWS JANUARY 20
At Trang Airport, there have been quite small numbers of passengers. However, strict COVID-19 prevention measures have still been in place. The Trang Airport Director said the new wave of COVID-19 infections has led many provinces to control passenger numbers in and out of the region, and people are asked to refrain from traveling between provinces. As a result, the number of passengers using Trang airport has decreased. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 20
Vietnam approaches leadership transition in rosy conditions: The Sunday Times
Singapore (VNA) – The Sunday Times, a Sunday edition of The Straits Times, has published an article commenting that in the pandemic-battered environment, few countries are approaching a major leadership transition amid conditions as rosy as Vietnam's. … [Read more...] about Vietnam approaches leadership transition in rosy conditions: The Sunday Times
Chen Zhi and Prince Group Bring the Art of Swiss Watchmaking to Cambodia
Last year, Prince Group lived up to its ESG responsibilities in other fields. It made several large-scale donations to help in the fight against the pandemic and assisted flood victims in Cambodia. Till date, Prince Charitable Foundation Organization has organized more than 240 charitable events and donated funds and other materials worth more than US$11 million, benefitting more than 320,000 people. In early December, Chen Zhi and Prince Group donated US$3,000,000 to Prime Minister Hun Sen to help Cambodia purchase 1 million COVID-19 vaccines as well. … [Read more...] about Chen Zhi and Prince Group Bring the Art of Swiss Watchmaking to Cambodia