World Bank: Vietnam’s trade balance deficit increases in August

The international financial institution said that among the main export items, furniture and footwear were hardest hit (down 38% and 26% respectively year-on-year), followed by computers and electronic products (down 11.9%), textiles (down 9%). However, according to the World Bank,…
Covid-19: Vietnam eases blockade in Hanoi and Ho Chi Minh City

After nearly a month of implementing a high level of social distancing, starting today, September 16, 2021, the authorities of Hanoi and Ho Chi Minh City have begun to gradually relax several related epidemic prevention and control measures related to…
Vietnamese President Nguyen Xuan Phuc is about to visit US

Nguyen Xuan Phuc will travel to the US to attend the United Nations General Assembly meeting next week for the first time as Vietnam’s president. A VOA source said Phuc is expected to attend the 76th session of the United…
Refusing to upgrade relations with US, which direction does Vietnam lean?

ASEAN in the US-China competition The Chinese foreign minister’s trip to Southeast Asian countries and South Korea comes as both Beijing and Washington are wooing important partners in the Asia-Pacific. The Southeast Asian doctrine of President Joe Biden’s administration acknowledges…
Rosneft withdraws from South China Sea project with Vietnam

Although net profit in the second quarter was up to 233 billion rubles ($3.1 billion), Russia’s Rosneft group has still decided to completely withdraw from projects with Vietnam in the South China Sea (Vietnam calls it the East Sea), which…
Vietnam: Supply chain disruption is not just a risk

Concern about supply chain disruption and unsecured social security are the reason why the Research Group of the National Economics University has just issued a series of urgent recommendations. Supply chain disruption in many industries and fields No longer a…