The two sides informed each other on their respective countries’ work in COVID-19 prevention and control as well as measures to prevent transmission from outside while resuming socio-economic activities after the outbreak. They valued the mutual support and assistance in the fight against the pandemic. The two sides noted that though a number of bilateral exchange and cooperation activities had been affected by the pandemic, but the impacts were only temporary. They agreed that Vietnam-China relations have kept its development trend, as seen in high-level discussions in flexible forms, maintained trade and growth in bilateral trade value. Ministries, agencies and localities of the two countries, including the foreign ministries and diplomatic representative agencies, have kept regular exchanges on coordinating in pandemic fight and removing difficulties to strengthen cooperation, they said. The two officials discussed specific measures to increase … [Read more...] about Vietnam, China discuss bilateral cooperation, border issues
Vietnam foreign exchange control
PM Phuc said that to realise the dual goals of safeguarding public health and promoting economic development post-COVID-19, the Government has already allowed for a “limited” open border for foreign investors and experts to enter Viet Nam and for Vietnamese labourers to go work overseas where possible. … [Read more...] about Vietnam not open to international tourists yet: PM
The European-Viet Nam Free Trade Agreement (EVFTA) is also expected to be approved by the 14th National Assembly in its ongoing ninth meeting. Under the agreement, tax imposed on exports from Viet Nam to EU will be eliminated as soon as EVFTA takes effect or shortly thereafter (maximum seven years). Thanks to the EVFTA, Viet Nam’s revenue from exports to the EU is forecast to surge by 44 per cent by 2030. … [Read more...] about Can Viet Nam could take advantage of new foreign investment strategies?
Overall, the past six months saw the country welcome a total of 3.7 million foreign arrivals, an annual decline of 55.8%, with the majority of travelers coming from China, the Republic of Korea, and Japan, all of which saw a huge drop in numbers. Indeed, the only location in which the number of travelers increased during the six-month period was Cambodia, recording a rise of 106%. … [Read more...] about Foreign arrivals down sharply with no holidaymakers in June
The salary the Japan side requires for the projects of the 2018 fiscal year is over $30,000/month/head (+/-10 percent), not including allowances. The salary the Japan side requires for the projects of the 2018 fiscal year is over $30,000/month/head (+/-10 percent), not including allowances. … [Read more...] about State Audit of VN notes high pay for foreign specialists in ODA projects