November 2, 2020 CSIS

The Office of the United States Trade Representative (USTR) on October 2 launched two investigations of Vietnam under Section 301 of the Trade Act of 1974, including one into alleged currency undervaluation. The president has repeatedly complained about Vietnam’s large trade surplus with the United States, and the USTR action is one of several launched by the administration targeting Vietnam’s currency practices. But the administration has also touted the growing security partnership with Vietnam, which shares U.S. anxieties about China, and the trade actions could run counter to the broader strategic alignment between Hanoi and Washington.

Continue reading on CVD >>

22/11/2020    15:07 GMT+7 vietnamnet

The national airline of Vietnam finally saw “the light at the end of the tunnel” when the National Assembly agreed with the Government’s proposal for solutions to help Vietnam Airlines overcome difficulties caused by the Covid-19 pandemic.

In the resolution of the 10th session, the 14th National Assembly approved two options. Firstly, the State Bank of Vietnam refinances and extends no more than two times for credit institutions (excluding those under special control) to allow Vietnam Airlines to borrow additional capital to serve production and business activities.

Continue reading on CVD >>

By Dat Nguyen   November 23, 2020 | 10:50 am GMT+7 vnexpressAn LNG tanker passes by the Strait of Singapore. Photo by Shutterstock/Igor Grochev.

Several foreign and domestic companies have expressed interest in building multibillion-dollar liquefied natural gas power and storage plants in the central province of Khanh Hoa.

Four foreign firms, Millennium Group of the U.S., Sumitomo Corporation and J-Power of Japan and a venture between Vietnam’s Embark United and the U.S.’s Quantum, want to build plants in the Van Phong Economic Zone, province authorities said in a recent statement.

Continue reading on CVD >>

Wednesday, November 18, 2020, 15:30 GMT+7 vnexpress

Claimed to last for at least 50-70 years, stones used to pave major streets in Hanoi are falling apart only a few years after they were installed.

Three years ago, Hanoi’s authorities introduced a new set of regulations on road renovation, which slated a complete transition of paving material from bricks to natural stone on 900 streets of the capital city for the end of 2020.

In the process, natural stone was praised as a sturdy paving material which can last for at least 70 years. 

Continue reading on CVD >>