The Hanoitimes - Vietnam’s rise of three ranking positions to 8th overall is the fastest rise in the top half of the Index and displaces regional partner Thailand in the top 10. Vietnam moved up three places to 8th in the top 10 countries of the Emerging Markets Logistics Index 2021 by Agility, one of the world’s top freight forwarding and contract logistics providers. Cargos handling at Dinh Vu port, Hai Phong. Photo: Pham Hung Among countries in ASEAN, Vietnam stood at third behind Indonesia (3rd overall) and Malaysia (5th), and was above the likes of Thailand (11th), the Philippines (21st) and Cambodia (41st). According to Agility, Vietnam’s handling of the Covid-19 pandemic has been one of the most successful globally, with data from Johns Hopkins University showing less than 1,500 reports of Covid-19 cases in the country in 2020. The combination of social and economic restrictions with a strict and comprehensive testing and tracing system, saw … [Read more...] about Vietnam named in Agility’s top 10 Emerging Markets Logistics Index 2021
Emergency landing plane
HCMC resolves difficulties for real estate to boost economic development
On behalf of the real estate enterprises, Mr. Le Hoang Chau, Chairman of the Ho Chi Minh City Real Estate Association (HOREA), said that compared to the previous year, there was an additional petition of Gamuda Land Joint Stock Company. The petition states that while waiting for the Prime Minister to decide on a VND514-billion deduction following the recommendations of the Government Inspectorate, over the past time, construction investment and business activities of the company have been stagnant, affecting the reputation and brand of this company in 10 years of operation in Vietnam. As for the matter of social housing, Mr. Le Huu Nghia, CEO of real estate developer Le Thanh, said that they were considering whether to develop social housing again. Because of too many difficult procedures, many people advised him to play safe by switching to develop commercial real estate. At the Le Thanh Tan Kien social housing project in Binh Chanh District, although the HCMC People's Committee had … [Read more...] about HCMC resolves difficulties for real estate to boost economic development
Added trade potential for Vietnam with UK-EU deals
Prof. Dr. Andreas Stoffers - Country director, Vietnam The Friedrich Naumann Foundation for Freedom The United Kingdom is an important trading partner of Vietnam. In 2020, trade turnover between the two countries amounted to $6.6 billion. With $5.8 billion in exports, Vietnam’s trade balance was clearly positive, which also underlines the country’s strong interest in reaching an amicable agreement with the UK. In recent years, despite the uncertainties associated with Brexit, the growth of trade relations has been unbroken, averaging 12.1 per cent per annum in 2011-2019. The trade relations between the EU and Vietnam are naturally greater given the fact that the EU is the world’s largest market. In 2019, the EU was the second-most important overseas market for Vietnamese products with a total trade volume of $56.45 billion, of which Vietnam’s exports accounted for two-thirds ($41.55 billion). This is 16 per cent of the country’s total export volume. In 2020, exports to the EU … [Read more...] about Added trade potential for Vietnam with UK-EU deals
Vietnam calls joint action for Myanmar issues
The Hanoitimes - Vietnam said people must always be placed at the center of all dialogues and trust-building measures in Myanmar. Vietnam’s Permanent Representative to the UN Ambassador Dang Dinh Quy has called on international efforts to assist Myanmar’s democratic transition with an aim to ensure the people-centered approach. Vietnam’s Permanent Representative to the UN Ambassador Dang Dinh Quy calls for international support for Myanmar issues. Photo: Vietnam News Agency The support, including that from ASEAN, needs to respect the independence, sovereignty, and internal affairs of Myanmar while securing humanitarian access and essential services to local people, mostly vulnerable ones, Quy said at the United Nations General Assembly’s informal meeting on Myanmar held on February 26. He urged stakeholders to exert restraint, avoid escalating tensions and seek dialogues towards satisfying solutions, which are in line with the constitution, laws and people’s … [Read more...] about Vietnam calls joint action for Myanmar issues
Vietnam expects stable situation in Myanmar
The Hanoitimes - Vietnam keeps an eye on the developments in Myanmar and hopes that the country will soon stabilize the situation to maintain the national development for peace, stability, and cooperation in the region, Vietnam has raised voice shortly after top leaders of Myanmar were detained by the military. Spokesperson of Vietnam’s Ministry of Foreign Affairs Le Thi Thu Hang. Photo: MOFA “As a regional neighbor and an ASEAN member, Vietnam keeps an eye on the developments in Myanmar and hopes that the country will soon stabilize the situation to maintain the national development for peace, stability, and cooperation in the region, continuing its contribution to the building of the ASEAN Community,” Spokesperson of Vietnam’s Ministry of Foreign Affairs Le Thi Thu Hang said in a statement on February 1, the same day of a coup in Myanmar. In early morning raids Monday, Myanmar’s military has taken control of the country and declared a state of emergency … [Read more...] about Vietnam expects stable situation in Myanmar