Daily Archives: July 7, 2018

Private sector contributes some 45% to GDP

The private sector has made sizable contribution to the national economy, contributing some 45% of GDP.

Head of Legal Department of Vietnam Chamber of Commerce and Industry (VCCI) Dau Anh Tuan said that private enterprises need streamlined business conditions to develop.…

Airbus CEO steps up warning on danger of hard Brexit

The head of Airbus warned the British government on Friday that in a worst-case scenario Brexit could result in production at its factories stopping and aircraft being grounded.

For Airbus, which makes the wings for all its passenger jets in Britain, that worst-case scenario would occur if Britain is no longer part of the EU aviation safety certification agency, EASA, which gives planes and parts approvals so that they can fly.…

Trade tensions threaten rural American growth, world economy

The US trade tensions with China and other countries are increasingly worrying rural America and will also threaten economies around the world.

According to the CoBank’s quarterly Rural Economic Review, 70 percent of US agricultural exports are bound for destinations that are either in trade negotiations or in dispute with the US.…

US, North Korea establish working group on denuclearization

During US Secretary of State Mike Pompeo’s visit to North Korea, Washington and Pyongyang have established a working group to work through the “nitty gritty stuff” on issues impacting the two formerly antagonistic nations.…

VOV President Nguyen The Ky attends 10th anniversary of VTC news

VTC News has marked its 10th anniversary in a celebration in Hanoi. Member of the Party Central Committee and President of Radio Voice of Vietnam participated in the event on Friday.…

Children’s participatory rights in their issues promoted

Ho Chi Minh City has hosted a conference to review 1 year implementing a model of children’s council in 5 cities and provinces for further duplication.

Under a Prime Minister decision on a program to promote children’s participatory rights in their issues from 2016 to 2020, 5 cities and provinces of Yen Bai, Quang Ninh, Binh Dinh, Hanoi and Ho Chi Minh City have piloted the model and made initial results.…

Russia introduces additional taxes on US goods

Russia said on Friday it will impose additional import duties on some US industrial goods after the US slapped tariffs on steel and aluminum imports.

The economy ministry said Russia will impose extra tariffs on some goods from the US for which there are Russian-made substitutes.…