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Tag Archives: Vietnam

Vietnam aims to become a maritime powerhouse by 2030

Fishermen at Mui Ne fishing village in Vietnam's south central coast.

Vietnam will build its maritime sector to boost economic development and strengthen national defense, a new Party resolution says. The Central Committee of the Communist Party of Vietnam Wednesday issued a resolution on sustainable development of the maritime economy until 2030 and with a vision until 2045. The strategy outlined …

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How Vietnam can walk the tightrope of US-China tensions

U.S. President Donald Trump and China's President Xi Jinping shake hands after making joint statements at the Great Hall of the People in Beijing, China, November 9, 2017.

Vietnam faces the daunting prospect of balancing its relations with the U.S. and China as tensions escalate between the superpowers. The second October 16-17 visit by U.S. Defense Secretary James Mattis to Vietnam this year attracted great attention among international experts. His first visit was in January 2018. Carl Thayer, …

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Vietnam retains current price ceilings on domestic flights

Landing area of Noi Bai International Airport in Hanoi capital.

While several carriers want the price ceilings for domestic flights raised, inflation concerns have prevailed, for now. The current price ceiling, fixed by the Transport Ministry in August 2015, is set to remain unchanged for the time being as a new draft circular on air transportation rates. Under the draft …

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‘Competing with Giants’ seeks to inspire, advance

Tran Uyen Phuong, vice chairwoman of THP, shares her experience of writing the book.

The interest that faculty and Harvard classmates showed in the story of her family-run business prompted the book, says Vietnamese entrepreneur. Competing with Giants, the first book by a Vietnamese author published by ForbesBooks, was recently released in Vietnam. The book, co-authored by Tran Uyen Phuong with British journalist Jackie …

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Competitive electricity in Vietnam? It’s still far away

Vietnam is string for a competitive electricity market

More than one electricity generator and wholesaler exists in Vietnam, but the country still does not have a competitive electricity market. Tran Dinh Long, deputy chair of the Vietnam Power Association, under the Electricity Law and the Prime Minister’s Decision No 63, said Vietnam will experience three stages of development …

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Vietnam, Cambodia work to fight illegal timber trading

A production line of wood products for export

Vietnam and Cambodia should intensify cooperation in monitoring their export and import of timber and wood products, thus minimising illegal timber trading at border areas, heard a dialogue held in Ho Chi Minh City on October 22. The event was jointly organised by the Vietnam Administration of Forestry (VAF) of …

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Vietnam extends e-visa policy for foreign tourists until 2021

Foreign tourists take a boat ride on Ngo Dong River in Tam Coc-Bich Dong, a popular tourist destination in northern Ninh Binh Province.

A policy extension will allow citizens of 46 countries to enter Vietnam for 30 days with e-visa until 2021. The Vietnamese government has approved a two-year extension of the pilot e-visa issuance program for foreigners visiting the country. The policy was launched on February 1, 2017, allowing citizens from 40 …

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Vietnam outpaces China as Adidas’ supplier last year: association

Workers make shoes at a Vietnamese factory.

Vietnam surpassed China as a supplier of footwear for Germany-based Adidas in 2017 in the multinational corporation’s years-long shift of sourcing, according to the latest figures from the Vietnam Leather, Footwear and Handbag Association (LEFASO). In 2017, Vietnam made 44 percent of Adidas’ footwear volume while Chinese factories produced 19 …

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