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
Is asthma a lung condition
Ca Mau province looks to develop vibrant blue economy
Illustrative image (Photo: VNA) Ca Mau (VNA) - Endowed with a 254-km coastline and an abundance of aquatic resources, the southernmost province of Ca Mau has viewed sea-based economic development as an inexorable trend to help it create breakthroughs in socio-economic development. Priority on infrastructure development Due attention has been given to developing infrastructure in order to develop the blue economy in an effective and sustainable manner that is commensurate with the province’s advantages and potential. Ca Mau plans to continue calling for investment in infrastructure at the 10,802-ha Nam Can Economic Zone , which is envisaged to become a sea-based economic zone with sound logistics services to meet regional and international distribution demand. It is also encouraging investment to build Song Doc and Nam Can towns into third-tier urban areas by 2025. Along with developing fifth-tier urban areas in coastal districts such as Dam Doi, Ngoc Hien, Phu … [Read more...] about Ca Mau province looks to develop vibrant blue economy
Bac Lieu working hard to fight illegal fishing
Illustrative image (Photo: VNA) Bac Lieu (VNA) - The Mekong Delta province of Bac Lieu has adopted a wide range of measures to raise awareness and legal understanding among local fishermen about preventing and fighting illegal fishing . The provincial fisheries industry has witnessed strong development over recent years, contributing significantly to increasing incomes for fishermen. But legal violations in fishing activities remain common. According to Tran Xi Khuol, Deputy Director of the provincial Department of Fisheries, fishing has been considered a key economic sector of Bac Lieu for many years. But problems linger, such as illegal, unreported and unregulated (IUU) fishing, especially fishing without permits, a lack of safety equipment on fishing vessels, and fishing reports not being submitted in line with regulations. Though patrols have been carried out regularly, violations have not been handled thoroughly, Khuol said. The main cause of the situation is … [Read more...] about Bac Lieu working hard to fight illegal fishing
COVID-19: Vietnam records 12 more community cases on Feb. 28
Most of the newly-detected patients tested positive for the SARS-CoV-2 virus after coming into close contact with COVID-19 patients. Six of the cases were recorded in Hai Duong’s Kim Thanh district, a new coronavirus hotspot in the country. The virus has spread to all 12 cities and districts in Hai Duong province, with 665 cases confirmed, since it recurred a month ago. Elsewhere, the epidemic has been brought under control in Ho Chi Minh City, Hanoi capital, Hai Phong city as well as 12 other localities, with no new cases detected during the past few days. Bac Lieu province in the Mekong Delta reported an infection in the community on February 28 and local authorities are awaiting confirmation from the Ho Chi Minh City Pasteur Institute. The same day, the Ministry of Health announced four imported cases in Tay Ninh and Dong Thap provinces in southern Vietnam. Thirty two patients were also discharged from hospital on the same day after making a full recovery from the … [Read more...] about COVID-19: Vietnam records 12 more community cases on Feb. 28
Vietnam named in Agility’s top 10 Emerging Markets Logistics Index 2021
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