The Department of Industry under the Ministry of Industry and Trade said on Wednesday a number of large Vietnamese electronics makers had already felt the effects of supplies running low. The situation looks likely to worsen as even more rigorous measures to monitor the flow of goods have been taken at the borders in attempts to stop the virus from spreading. … [Read more...] about As supply runs low, electronics makers forecast further disruption
International news agencies
New York (VNA) – Ambassador Dang Dinh Quy, head of Vietnam’s Permanent Mission to the United Nations, has called on all parties to find a long-term solution to the situation in Syria on the basis of international law and UN Security Council (UNSC) resolutions. Speaking at a UNSC meeting on the humanitarian issue in Syria on February 27, Ambassador Quy expressed concern over civilian losses in northwestern Syria as well as the humanitarian situation in other parts of the country. He also emphasised that all parties must comply with their obligations under international humanitarian law, including ensuring that civilians are protected and that aid is delivered on a priority basis. At the meeting, both Ursula Mueller, Assistant Secretary-General for Humanitarian Affairs, and Henrietta Fore, Executive Director of UNICEF, also shared their concerns about the humanitarian crisis in northwestern Syria, especially since early December 2019, when the government increased raids on … [Read more...] about Vietnam calls for solution to humanitarian crisis in Syria
Most-favored-nation treatment (MFN) is the basic principle in WTO’s international trade, whereby a member country must be given the same treatment as all other WTO members, regardless of developed countries or developing countries. However, he affirmed that the change won’t have impact on Vietnam in reality. … [Read more...] about What if the US no longer considers Vietnam a ‘developing country’?
In the economic development aspect, the EU is currently one of Vietnam’s largest export markets with an export value to this zone touching $41.5 billion and an import value reaching $14.9 billion last year. Thereby, when the EVFTA and IPA come into force, the two-way trade and investment flow from EU to Vietnam is forecast to rise robustly, making active contributions to Vietnam’s economic growth, facilitating export, pushing up market’s diversification, procuring higher added values through newly established supply chains, and creating more jobs. … [Read more...] about Scrutinising the implications of new deals on Vietnam’s economy