Vietnam sustaining growth amidst shifting FDI trends
Trade ties between the US and emerging market economies in the Asia-Pacific region are shifting from efforts to diversify supply chains out of China through “friendshoring” or “nearshoring”. Against this backdrop, Vietnam is among the Asia-Pacific markets relatively well-placed to…
How much of Vietnam’s policy reform is driven by FTAs ?
Over three decades, Vietnam’s economy has transitioned successfully from a centrally planned agrarian economy to a dynamic manufacturing and services hub, due largely to the doi moi reforms initiated in 1986 and the country’s pursuit of free trade agreements (FTAs).…
Fmovies, world’s largest film piracy syndicate based in Hanoi, shut down
Hanoi police, in collaboration with a global entertainment coalition, have dismantled Fmovies, one of the world’s largest film piracy networks.
Cambodia says it will cut shipping through Vietnam by 70% with new China-funded Mekong canal
Cambodia plans to cut shipping through Vietnamese ports by 70% as a result of a $1.7 billion China-funded upgrade of a canal connecting the Mekong River basin to the Cambodian coast, the country’s deputy prime minister told Reuters.
Vietnam orders control of workers, unions despite UN pledges, watchdog says
Directive 24 also urges officials to push back against foreign influence, The 88 Project says.
Vietnam : leaked communist party document warns of ‘hostile forces’
If countries can be said to go in and out of fashion, then Vietnam is certainly having its moment in the spotlight.
Vietnam pushes US to grant it ‘market economy’ status
Hanoi has spent the past year lobbying Washington intensely to bring its anti-dumping rules closer in line with the EU’s approach.
Vietnam, Philippines sign deals on security in disputed South China Sea
Agreements to boost cooperation between coastguards, maritime security and trade likely to anger China.
Vietnam says US ‘non-market economy’ label is bad for bilateral ties
Vietnam’s ambassador to the United States on Tuesday urged Washington to end its « non-market economy » label on Hanoi, warning that maintaining the resulting punitive duties on Vietnamese goods is bad for increasingly close bilateral ties.
Ambassadors highlight growing Việt Nam-Germany relations
German President Frank-Walter Steinmeier’s Việt Nam visit is of great significance as it is his first overseas trip in 2024 and is also the first exchange of high-level delegations between the two countries this year.
Việt Nam, Laos vow to raise bilateral trade turnover by 10-15 per cent
In 2023, the total bilateral trade turnover reached about $1.6 billion, a slight decrease of 2.1 percent year on year, but the import value from Laos surged by 4.2 per cent.
Vietnam eyes $200B bilateral trade with US
Vietnamese and U.S. businesses should increase partnership to bring the two countries’ trade value to a new record of $200 billion, Vietnamese Deputy Prime Minister Tran Luu Quang said Tuesday.
Vietnam signs free trade agreement with Israel
Vietnam has become the first Southeast Asian country to sign a free trade agreement (FTA) with Israel, which will remove duties on at least 86% of Vietnamese products.
Vietnam exporters fret over potential trade fallout of U.S. rules on Xinjiang
Concerned Vietnam-based exporters are seeking to ensure they comply with a U.S. ban on imported products using raw materials from China’s Xinjiang as lucrative trade in goods like garments and solar panels comes under closer scrutiny in Washington.
Vietnam and India are now acting to contain aggressive China
A silent change is taking place in Asia. Beijing’s unbridled territorial ambitions are compelling regional players to look for trustworthy partners. India, Japan, Vietnam and Australia seek to balance Chinese aggression through local partnerships. Deepening bilateral and multilateral ties is a natural…
Kingdom, Vietnam hail rise in bilateral trade despite Covid-19 pandemic
Cambodia and Vietnam have welcomed the rise in bilateral trade despite the Covid-19 pandemic and stressed their commitment to increase trade cooperation further.
What’s luring Danish companies to Vietnam ?
Danish firms are increasing their presence in Vietnam as the country rapidly climbs the value-added ladder and becomes a key hub for tech manufacturing.
Why more European firms are choosing Vietnam over China
A combination of geopolitical tensions and higher costs are pushing large firms to look for alternative production sites. Vietnam’s strong economic performance in recent years has drawn the attention of European firms.
Vietnam’s growing strategic partnerships with European countries
European partnerships form an increasingly important part of Vietnam’s omnidirectional foreign policy.
Russia-Ukraine conflict hits Vietnam’s economy
While supply disruptions caused by the global COVID-19 pandemic have not come to an end, firms in Vietnam have to face increasing thinner supplies of fuels and materials for production due to the Russia-Ukraine conflict, Vietnamese experts said.
Vietnam and the new Pacific Trade Triangle
Vietnam is highly integrated into the global economy and since 2017, trade has consistently sat above 200 per cent of GDP. Vietnam has trade relationships with more than 150 countries, but the majority of its trade is concentrated between China, South Korea,…
EU under pressure to get tough on Vietnam rights record
Experts are calling on the EU to take a stance on Vietnam’s rights record amid new trade talks.
Cambodia-Vietnam trade grows 13.6% in Q1
Bilateral trade between Cambodia and Vietnam totalled $1.72205 billion in the first quarter of 2022, representing a 13.6 per cent increase from the $1.5153 billion recorded in the corresponding period last year, according to Customs.
How the Russia-Ukraine conflict is affecting businesses in Vietnam
As the Russia-Ukraine conflict unfolds and completes a month, Vietnam Briefing looks at the impact of the conflict on Vietnam as well as businesses in the country. While it’s still early to determine long-term effects, we examine the short-term effects…
China suspends trade at Vietnam border gate
China has suspended trade through the Kim Thanh Border Gate in Vietnam’s Lao Cai Province after discovering Covid-19 cases on its side, leaving 350 container trucks stranded.
China, Vietnam agree to smooth border restrictions after coronavirus disrupts trade
Chinese Premier Li Keqiang and Vietnamese Prime Minister Pham Minh Chinh say the nations will work together to strengthen trade. Vietnamese exports to China, especially fresh fruit, have taken a hit in recent months due to congestion and border closures