“For Viet Nam, the Trade Facilitation Agreement could reduce trade costs by as much as 20%. Cutting a fifth off the cost of trading would make a huge difference. It will help to boost trade flows in Viet Nam. It will support SMEs to start exporting. And, in a time when production chains have been globalised, it will help the economy to connect to cross-border production networks.” Vietnam ratified the TFA in Dec 2015. Read more
As Vietnam suffers its worst drought in nearly a century, debates have been reignited over the mega dams built along the Mekong. The Vietnamese part of the Mekong Delta, the Cuu Long region, accounts for 33% of Vietnam’s agricultural sector and 90% of its rice exports, half of which go to China, which is building the dams. Read more
The TPP will create great opportunities for trade by eliminating more than 18,000 tariffs on U.S.-made products sold overseas and establishing the highest standards on labor, the environment, and the digital economy ever to be included in a trade agreement. The agreement’s impact on trade between the U.S. and the five TPP countries with which the United States does not yet have a Free Trade Agreement will be particularly profound. These include large, well-established markets like Japan, where U.S. companies exported $66.8 billion in goods, and growing markets like Malaysia and Vietnam, where U.S. goods exports totaled $13 billion and $5.7 billion in 2014, respectively. Read more
Question: My question is about the TPP going forward: now that all basic agreements are done, the TPP has to be passed by each congress/parliament/national assembly in order to go into effect. What is the process? Read more
Nearly 4,000 import-export enterprises that account for 80% of customs declaration forms will be required to switch to a new system on Apr 1.
Many said that they were familiar with the current e-customs system and not interested in the new one.
VN Customs said the new system would be officially launched on April 1, so there would be implementation problems if few signed up for the project. Read more
The U.S. Secretary of State met Vietnamese leaders on Dec 16 to discuss growing trade and security ties between the former adversaries.
The U.S. is Vietnam’s second-largest trade partner after China. Bilateral trade is expected to rise 15.3% this year to $28.7 billion, the American Chamber of Commerce in Vietnam said this month. Vietnam’s exports to the U.S. are on track to rise 16.7% this year to $23.7 billion, while its imports from the U.S. are likely rise 8.7% to $5 billion, according to the chamber.
Mabuhay! The world shed tears with us, Filipinos as the strongest typhoon this year and possibly the most powerful worldwide ever to hit land smashed the Philippines last November 8, 2013. The Super Typhoon Haiyan left the central region of the Philippines with at least 4,000 deaths, thousands still missing and a massive dislocation of communities. For more than a week now, it is heartbreaking to see people especially from the worst hit provinces of Leyte, Capiz and Cebu still struggle to survive; hungry, sick, shelter less, in distraught and in great pain. They are crying for help. As one of our responses to their call, The Filipino Community in Ho Chi Minh City, in cooperation with the Philippine Honorary Consulate General in Ho Chi Minh City and the Philippine Embassy in Hanoi appeal to your most generous heart to take part and contribute in a benefit dinner dubbed as;
Renaissance has been entering students for the International General Certificate of Secondary Education exams for 4 years now and has seen students achieve great success. The Cambridge IGCSEs as they are more familiarly known, are sat by 16 year old students in many countries worldwide. They are a recognized standard and allow schools to judge student’s ability and potential for studies in the International Baccalaurean Diploma Programme (IBDP) in the final two years of schooling.
This year’s results at Renaissance were excellent with 4 of our students being awarded 8 Grade As when the results were released by the Cambridge exam board. One student from Vietnam became our most successful yet with 6A*s and 3 As and joins an elite group of students worldwide to succeed at that level. Studying for 8 or 9 IGCSEs can be hard work but the benefits are great.
Students with such certificates are recognized for completing a British style examination. They are recognized by universities in both Asia, Europe and North America as being a leading 16+ certification. Furthermore the exams themselves are excellent preparation for IBDP study. The growth in schools offering the exam is testament to the fact they give a student’s resume genuine credibility.
Renaissance School is dedicated to supporting academic success and although only 7 years old is now recognized as a leading international school in Ho Chi Minh. Smaller and more family orientated than some of the bigger schools in the city, the results show that small classes, attention to detail and most importantly strong and individual support for students, does bring success.
That success was recognized in a special Renaissance celebratory assembly on Friday 18th October. Students were awarded their IGCSE certificates, but that was only half the event as leading students were presented with their scholarship certificates. Renaissance recognized the top students with 100% scholarships for study in the International Baccalaureate Diploma Programme. With such a strong core of students in the IB Programme Renaissance can expect some outstanding IB results and university places once these students graduate in 2015.