Vietnam smart city drive in full swing
As Vietnam’s cities and provinces are ramping up efforts with new action plans to realise the smart city dream, international tech giants are moving faster with new ambitious business plans. Bich Thuy reports.
Developing PPP models to aid quality healthcare
The transformation of Vietnam’s healthcare sector is racing forwards after successes in the past year, but the country’s lofty goals are still some way off. Deputy Minister of Health Nguyen Viet Tien discussed with VIR’s Bich Thuy the readiness of a legal framework, and future opportunities for private businesses that may wish to forge partnerships and expand operations in the Vietnamese healthcare system.
Chinese exporters react to U.S. Tariffs List No. 4: “This will completely kill my US market.”
USTR announced an increase of special tariffs to 25% on $200 billion of U.S. imports from China on May 10 (“3rd List”), and then, on May 13, announced a “4th List” of $300 billion of imports from China subject to special tariffs, so the tariffs will cover all U.S. imports from China. Contact CTRMS for
USTR’s 4 Lists of U.S. imports from China subject to special tariffs
Lists of products imported from China to U.S. that are subject to high tariffs. A 4th list, covering about $300 billion of U.S. imports from China was announced on May …, after China’s last-minute refusal of an agreement negotiated over several months. Below are the four lists, according to the order they were announced
PM: State, private sectors must give priority to investment in science, technology
The State and private sectors must comprehend the importance of the investment in science and technology and should prioritize investing in science and technology more effectively.
China faces possible credit rating downgrade if the trade war isn’t resolved
Escalations in its trade dispute with the U.S. not only could dent China’s economy but also negatively impact its credit standing, according to ratings agencies. China’s faces a weakening economy and a high-stakes tariff battle with the U.S.Should the impasse linger on, the damages could become greater and start having some deeper impacts.
USTR gets ready to impose tariffs on another $300 billion of imports from China (4th list)
The U.S. Trade Representative is taking the necessary steps to impose tariffs on the remaining $300 billions worth of Chinese goods coming into the U.S. The USTR plans to hold a public hearing on June 17, followed by at least a week of discussions. This gives the White House a window of time leading up
Democrats Try to Smooth USMCA Passage With Labor Proposal
Two top Senate Democrats, including longtime free-trade foe Sherrod Brown, are crafting a labor enforcement proposal that could help ease the way for passage of President Donald Trump’s new North American trade agreement
“If steel and aluminum tariffs on Mexico, Canada aren’t lifted, USMCA is dead,” Senator Chuck Grassley, Chairman, Finance Committee
“As chairman of the Finance Committee, I’m leading the Senate effort . I’ve been involved in the passage of every U.S. free-trade agreement, and it’s never easy. Reorganizing a massive economic relationship affects many constituencies, and that’s inevitably complicated.
US investors keen on Vietnam’s rapid rise
American investors are ramping up their interest in Vietnam in order to mitigate the risks of the ongoing US-China trade dispute, as well as capitalise on one of the fastest-growing economies in the ASEAN bloc. Thanh Van and Bich Ngoc report.
Making headway with draft solar power rules
On April 12, the Ministry of Industry and Trade released the third updated draft of the decision of the prime minister on the mechanism for encouraging the development of solar power projects in Vietnam. Frederick Burke, managing partner at Baker McKenzie Vietnam, updates us on the draft policy of the feed-in tariff programme from July for solar power projects in the country.
Congestion tackled at Cat Lai Port
Jan 30, 2018. Authorities have called for more measures to reduce traffic congestion at HCM City’s Cát Lái Port, District 2 and 9. A representative of the HCM City Cargo Transportation Association added transport firms could save some billion đồng per day if traffic congestion was eliminated. Cát Lái Port handles 89 per cent of total