Fears of a trade war between the US and China have rocked global stock markets in recent sessions, but experts anticipate limited effects on Vietnam’s securities market growth as the market is on solid footing and is increasingly reliant on domestic demand. If the conflict occurred only between the US and China, Viet Nam would have a good chance to export to the US. - Photo giathep24h.vn On March 22, US President Donald Trump signed a memorandum that would impose 25 tariffs on up to US$60 billion in annual imports from China. In retaliation, China announced similar tariffs on about $3 billion of US imports. Though there is still speculation that China may expand its target to a broader range of US business interests, international experts believe the current trade spat between the two economic powers will be resolved through ongoing negotiations rather than moving toward a full-fledged trade war. This issue, however, continues to weigh on investor sentiment and raise … [Read more...] about Global trade war risk has limited impact on Vietnam’s securities
Vietnam conflict
Vietnam calls for stronger cooperation to solve migration crises
National Assembly Chairwoman Nguyen Thi Kim Ngan speaks at the general debate on migrants and refugees of the 138th IPU Assembly in Geneva on March 25 (Photo: VNA) Geneva (VNA) – Chairwoman of the Vietnamese National Assembly Nguyen Thi Kim Ngan has emphasised that to solve migration crises, it is necessary to enhance cooperation at global level with the active participation of countries and international organisations. Ngan was addressing the first general debate, themed “Strengthening the global regime for migrants and refugees: the need for evidence-based policy solutions”, at the 138th Inter-Parliamentary Union (IPU) Assembly in Geneva, Switzerland, on March 25 (local time). In her speech, she underscored the need to create a full legal framework to help protect human dignity and rights along with the fundamental freedoms of migrants, while promoting their contributions to the development of each nation in terms of not only economy but also culture and … [Read more...] about Vietnam calls for stronger cooperation to solve migration crises
Vietnam, RoK look towards $100 bln trade by 2020
Vietnam and the Republic of Korea (RoK) have agreed to lift two-way trade to 100 billion USD by 2020 during talks in Hanoi on March 23 between President Tran Dai Quang and RoK President Moon Jae-in. President Tran Dai Quang (R) and RoK President Moon Jae-in The talks took place right after the welcome ceremony held on morning the same day. It is the first-ever State visit to Vietnam by President Moon from March 22-24. President Quang affirmed that Vietnam always highly values developing ties with the RoK and wished that the RoK would continue sharing its experience for sustainable development of the two countries, and for peace, stability, development and prosperity in the region and the world. Both sides agreed to maintain annual visits and exchanges, improve the efficiency and frequency of exchange and dialogue mechanisms, extend collaboration between the two nations’ governments, legislatures, Party agencies and localities, and in important fields of … [Read more...] about Vietnam, RoK look towards $100 bln trade by 2020
Vietnam, RoK look towards USD 20 bln trade by 2020
The talks took place right after the welcome ceremony held on morning the same day. It is the State visit to Vietnam by President Moon from March 22-24. During the talks. Photo: VGP President Quang affirmed that Vietnam always highly values developing ties with the RoK and wished that the RoK would continue sharing its experience for sustainable development of the two countries, and for peace, stability, development and prosperity in the region and the world. Both sides agreed to maintain annual visits and exchanges, improve the efficiency and frequency of exchange and dialogue mechanisms, extend collaboration between the two nations’ governments, legislatures, Party agencies and localities, and in important fields of diplomacy, national defense, security and legal enforcement. Apart from adopting trade balance measures, the two sides vowed to improve the efficiency of partnership across investment, engineering, energy, labor; consider science-technology a … [Read more...] about Vietnam, RoK look towards USD 20 bln trade by 2020
Vietnam, RoK look towards USD100 billion trade by 2020
President Tran Dai Quang and RoK President Moon Jae-in (Source: VNA) The talks took place right after the welcome ceremony held on morning the same day. It is the first-ever State visit to Vietnam by President Moon from March 22th-24th. President Quang affirmed that Vietnam always highly values developing ties with the RoK and wished that the RoK would continue sharing its experience for sustainable development of the two countries, and for peace, stability, development and prosperity in the region and the world. Both sides agreed to maintain annual visits and exchanges, improve the efficiency and frequency of exchange and dialogue mechanisms, extend collaboration between the two nations’ governments, legislatures, Party agencies and localities, and in important fields of diplomacy, national defence, security and legal enforcement. Apart from adopting trade balance measures, the two sides vowed to improve the efficiency of partnership across investment, engineering, energy, … [Read more...] about Vietnam, RoK look towards USD100 billion trade by 2020