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Vietnamese and Lao trade officials have discussed measures to promote trade in the two countries’ border areas, thus contributing to meeting their target of 1 billion USD in two-way trade turnover by 2010.
Adhering to international standards should help increase competitiveness, said Hans Farnhammer, deputy head of the Co-operation and Development Section of the European Commission’s Delegation to Viet Nam, at a seminar held in Ha Noi on Tuesday.
Several structural movers from Vietnam are confident they can build on their success here by looking for work outside the country.
Vietnam’s newly-licenced foreign direct invested projects have cooled, heating up fears of a considerable reduction in the capital inflows in the aftermath of global financial turmoil.
During the past 15 years, official development assistance from international donors has played an important role in Vietnam’s socio-development.
The national flag carrier Vietnam Airlines (VA) signed an agreement to enter SkyTeam, the world second largest airline alliance in Hanoi on April 15.
Vietnam ’s export of wood products has risen sharply since it joined the WTO two years ago, an industry official said.
Vietnam’s export markets have shrunk due to the negative impact of the current global economic turndown. In the meantime, domestic exports have had to deal with tough competition from foreign rivals and overcome many difficulties caused by a decline in imports demand and a lack of money in key markets....
The industrial production value has increased by 15.8-16 percent, but the construction industry has decreased by 2 percent.
Frozen and gloomy are the words the Ministry of Finance (MOF) have used to describe the current real estate market in Vietnam. The same situation is also occurring with the capital market.
The Government has decided to implement a series of measures, including spending US$1billion from national foreign reserves, to stimulate the economy.
From June 1, foreign investors are allowed to hold at most 49 percent of the stake of a public joint-stock company, according to a new Government decision.
