Vietnam could face a trade deficit of $3 billion this year, after achieving the highest trade surplus in a decade in 2018.
Is rising investment from Chinese enterprises the reason for an increase in land rents at industrial parks in Vietnam? Shortly after the U.S. began raising the tariff for plastic packaging from China to 10% from zero in October 2018, plastic packaging producers in China made their way to Vietnam to seek investment opportunities.
Corona casino, which is part of Corona Resort & Casino on Phu Quoc Island off Kien Giang Province and the first to allow the Vietnamese to gamble, was officially opened on January 19.
Vietnam raked in the world’s sixth-largest ecommerce revenue in 2018, according to online statistics portal Statista.
Vietnam needs to make a breakthrough this year in state divesting from enterprises, says Deputy Prime Minister Vuong Dinh Hue.
Under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Vietnam has committed to relaxing its requirements for foreign retailers seeking to expand their operations in Vietnam, according to Thanh Nien Online newspaper.
Viet Nam considered the US an important partner and was willing to bolster bilateral ties in all fields, especially in economic co-operation, trade, investment, science-technology, and education and training, Deputy Prime Minister Vuong Dinh Hue said.
Viet Nam had managed to maintain high economic growth with low inequality in recent decades, but whether the country can continue on this path would depend on how strongly it is committed to green and inclusive growth.
State-owned enterprises (SOEs) need to make a breakthrough in equitisation and divestment, said Deputy Prime Minister Vuong Dinh Hue during a conference in Ha Noi on Friday.
Viet Nam and Hong Kong should promote investment, trade and service flows between the two sides to take advantage of a diversion of trade from China amid escalating tension between the US and China, a banking official said yesterday.