Significant potential Under the UKVFTA, the UK will first eliminate 65 percent of tariffs, moving up to 99 percent within seven years. Vietnam will first remove 48.5 percent of tariffs from UK imports, which will rise to about 92 or 98 percent after six years. In recent years, the UK has been Vietnam’s third largest trade partner in Europe after Germany and the Netherlands. According to the General Department of Vietnam Customs, two-way trade reached US$6.6 billion in 2019. However, the volume of made-in-Vietnam products consumed in the UK is greater because a significant amount of Vietnamese goods are shipped through major seaports in the Netherlands, Belgium, Germany, France and the Czech Republic before reaching the UK. Vietnam mainly exports garments and textiles, footwear, wood and wood products, and seafood to the UK, while importing pharmaceuticals, machinery and equipment. Minister of Industry and Trade Tran Tuan Anh affirmed that with high commitments and standards, the … [Read more...] about UKVFTA: A new beginning in bilateral relations
Cooper 3 way switch
Vietnam War vet uses French niche to claim Agent Orange justice
Nga came online with her silver hair in rollers."My hair is way too long now. I have not made time for a haircut yet," she said, explaining the hair rollers in a video call with VnExpress International from her apartment in Paris, where she lives by herself.At almost 80, Nga gives herself no time to rest. She is busy with indictments, statements, speeches and interviews, especially since last January when her name became a byword for a doughty fighter.On January 25, Nga’s profile shot up among millions interested in the Vietnam War in general and Agent Orange in particular. That day, she officially filed a suit against 14 companies that supplied the U.S. Army with the notorious, toxic defoliant during the Vietnam War. Studies have shown that they knew it was toxic but decided to make it for profit anyway. The case was filed in the southern Paris suburb of Evry.The defendants in Nga’s case are on top of a Who’s Who list in international agriculture, like Monsanto and … [Read more...] about Vietnam War vet uses French niche to claim Agent Orange justice
VIETNAM BUSINESS NEWS FEBRUARY 10
HCM City targets domestic market for tourism recovery The Ho Chi Minh City tourism sector this year plans to focus on digitalisation of the industry and promotion of domestic tourism amid a downturn in tourism because of the COVID-19 pandemic. The sector will continue its efforts to boost domestic tourism as the main factor driving the recovery of the tourism industry. The tourism communication and stimulus campaign, ‘Hello Ho Chi Minh City,’ has been implemented to promote the city as a safe, vibrant and friendly destination. Tourism cooperation and linkages between HCM City and the Northeast, Northwest and the Central regions will also serve to boost domestic travel. The city aims to receive 33.5 million domestic visitors this year if COVID-19 remains under control in the country./. Tet sales increase sharply on low prices With a week to go for Tet (the Lunar New Year) sales of goods bought to celebrate the Lunar New Year have increased by 30-40 percent from normal … [Read more...] about VIETNAM BUSINESS NEWS FEBRUARY 10
VIETNAM NEWS FEBRUARY 13
Young people join hands to keep Central Highlands green Young people in HCM City take part in a project to plant trees in Đắk Nông Province. — Photo sggp.org.vn Tree-planting projects to protect the environment have become increasingly popular among young people from HCM City. Their projects have not only contributed to increasing forest coverage on barren hills but also brought economic benefits to local people. The project 'Garden-Forest' was launched by JOY (Journey Of Youth) - a volunteer group in collaboration with the group named 'Planting one million trees per year' and Bù Gia Mập National Park to plant trees on farmers' land in Central Highlands provinces. The volunteers have also worked with agricultural experts to teach organic farming techniques to farmers, helping them have a stable income. Before planting trees, the young people studied the local climate and soil to choose suitable trees and lived with the farmers to understand the steps for … [Read more...] about VIETNAM NEWS FEBRUARY 13
A year of adjustment for Vietnam’s ASEAN plans
The signing ceremony of the RCEP marks the beginning of one of the largest free trade agreements in the world The unexpected COVID-19 pandemic has done much to upset Vietnam’s 2018 and 2019 preparations for taking ASEAN’s chairmanship role this year. While all member states focused resources on protecting their people, the question was whether or not nations would, or could, continue with the commitments to pursue the long-term goals of developing the ASEAN Community. “Vietnam has to find ways to adapt and has switched plans to properly meet what ASEAN countries need. So we have turned our priorities to fighting COVID-19,” said Nguyen Quoc Dung, Deputy Minister of Foreign Affairs. “Moreover, we also didn’t want to abandon all of the works that regional countries have built and to interrupt community-building efforts, so we have continued to come up with initiatives to maintain the process of building the ASEAN Community.” “The workload has become 2-3 times heavier than before … [Read more...] about A year of adjustment for Vietnam’s ASEAN plans