ASEAN Countries

Update news ASEAN Countries

EVN called on to develop wind and solar energy

 VietNamNet Bridge – Deputy Prime Minister Hoang Trung Hai has urged Electricity of Viet Nam (EVN) to develop new and renewable energy sources including wind and solar power.

Trade deficit won't stop growth

In 2015, Viet Nam had a trade deficit of US$3.2 billion after three consecutive years of posting trade surpluses. In 2016, the trade deficit could continue and even increase because many of the free trade agreements (FTAs) coming into effect. 

Bright outlook for FDI inflows in Vietnam

 VietNamNet Bridge – The establishment of the ASEAN Economic Community (AEC) by the end of this year is expected to create huge prospects for Vietnam to draw foreign direct investment (FDI) from other ASEAN countries.

Foreign tourist numbers start to recover

 VietNamNet Bridge – The number of foreign tourists visiting Viet Nam has grown over the last three months, following a 13-month decline due to disease, unstable economies and fierce regional competition.

Contest on ASEAN world heritage sites launched

 VietNamNet Bridge – A contest about world heritage sites in ASEAN countries has been launched for the Vietnamese people.

Master plan approved to develop northwest national tourism area

 VietNamNet Bridge – The Prime Minister has approved a master plan for the development of the Dien Bien Phu – Pa Khoang national tourism area in northern Dien Bien Province by 2020.

Tokyo Strategy 2015 adopted at Mekong-Japan Summit

VietNamNet Bridge – Leaders from the five Mekong sub-regional nations and Japan have approved the Tokyo Strategy 2015 with an overall goal for the 2016-2018 Mekong-Japan cooperation specifically designed to ensure regional stability

VN tourism in need of skills reboot in the wake of AEC

 VietNamNet Bridge – Skills mismatch and the relevance of skills to business needs are major concerns in Vietnam and across the region.

Domestic firms ignore AEC challenges: Experts

VietNamNet Bridge - Vietnamese businesses are oblivious to the pressures of competitiveness in the wake of ASEAN moving up the ladder from AFTA to ASEAN Economic Community (AEC) by the end of 2015.

VN leads in renewable energy

VietNamNet Bridge – Viet Nam has seen the greatest rise in the proportion of electricity generated through renewables in ASEAN,

Vietnam preferred as destination for manufacturers, survey

 VietNamNet Bridge – Standard Chartered Bank has said Vietnam is emerging as the most preferred destination for companies planning to move production out of China.

Expert says incomes of local workers very low

VietNamNet Bridge – Wages of Vietnamese laborers have increased but have remained very low compared to other regional countries,

US investors eager for post-TPP opportunities

 VietNamNet Bridge – Leading US businesses are anticipating the Vietnamese government to conclude talks on the Trans-Pacific Partnership and accelerate the country’s economic reform.

How Vietnam Is Putting Other ASEAN Countries on the Map

 VietNamNet Bridge – In the past 20 years, Vietnam has come out from the ravages of war to become as some prominent observers have called the "New Asian Tiger". It is emerging as a key economic and geo-strategic pillar of Southeast Asian stability.

VN firms ready for ASEAN integration

VietNamNet Bridge – Many Vietnamese firms have prepared well to grab the opportunities that will arise from the establishment of the ASEAN Economic Community at the end of this year as well as to cope with challenges,

Private sector key to sustained growth

 VietNamNet Bridge – Although the economy is predicted to do better, privatisation and SOE reforms will be crucial for Viet Nam's development in 2015, economist Nguyen Hong Nga tells Viet Nam News.

Defence Minister meets Myanmar counterpart, Brunei Energy Minister

Defence Minister meets Myanmar counterpart, Brunei Energy Minister; Party leader to visit Russia, Belarus; Vietnam, Italy share judicial experience

Vietnam may lose competitive advantage of tariffs

VietNamNet Bridge – Preferential tariffs may no longer be a competitive advantage for Vietnamese goods over those from China in the Japanese and South Korean markets after the Regional Comprehensive Economic Partnership agreement is signed.

Car industry faces development roadblocks

 VietNamNet Bridge – Viet Nam's ambitious master plan for the development of its fledgling automobile manufacturing industry for 2020 to 2030, which the government recently endorsed, is facing major stumbling blocks.