With the EVFTA, almost all Vietnam’s export items to the EU would be exempted from import duties right after the deal takes effect or after just a short time. This is the highest benefit from an FTA that Vietnam has signed with the international community. The most beneficial sectors will be footwear, textiles and garments, agriculture, and seafood. The sectors bearing the brunt would be chemicals, transport means and equipment, processed food, and basic metal items. … [Read more...] about Scrutinising the implications of new deals on Vietnam’s economy
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Most-favored-nation treatment (MFN) is the basic principle in WTO’s international trade, whereby a member country must be given the same treatment as all other WTO members, regardless of developed countries or developing countries. However, he affirmed that the change won’t have impact on Vietnam in reality. … [Read more...] about What if the US no longer considers Vietnam a ‘developing country’?
According to the survey conducted by Indonesia’s Gojek, the parent company of ride-hailing firm GoViet, in collaboration with market research consultant Kantar Worldpanel, HCMC residents spent the most on online food orders, while they spent the least on takeaway food. … [Read more...] about Cash payments for food remain high in Vietnam’s two largest cities
His mission is “to revisit Vietnamese cuisine and look at our food from a new and modern perspective,” he said, adding that his inspiration is drawn from every corner of his life, like the bowl of bun oc (snail noodles) he ate in the Old Market which inspired Escargot Da Lat pizza. … [Read more...] about This acclaimed chef is selling $100 ‘banh mi,’ ‘pho’ in Vietnam
Hanoi (VNA) – The US Centres for Disease Control and Prevention (CDC) on February 27 decided to remove Vietnam from the list of destinations vulnerable to community transmission of SARS-CoV-2. The decision was made during a teleconference between the Vietnamese Embassy in the US and the US Department of State, Department of Health and Human Services (HHS), and the CDC. Representatives of the CDC and the HHS praised the Vietnamese Government’s efforts in the fight against the acute respiratory disease caused by SARS-CoV-2, saying monitoring, quarantine and treatment have been carried out comprehensively in the country. The CDC said it plans to dispatch a delegation to Vietnam in the second half of March in order to enhance medical cooperation between the two countries and accelerate the establishment of a CDC office in the Southeast Asian nation. The HHS also affirmed its willingness to consider helping Vietnam with more equipment in service of the epidemic combat. … [Read more...] about US removes Vietnam from list of areas vulnerable to community spread of SARS-CoV-2