US not impose tariff or sanction on Vietnam’s exports Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
16/01/2021 23:30 GMT+7
The US Trade Representative (USTR), in its report released on January 15 on findings in the Section 301 investigation of Vietnam’s acts, policies, and practices related to currency valuation,
did not mention or recommend the imposition of tariff or any sanction measures on Vietnam’s exports, the Ministry of Industry and Trade said on January 16.
Minister of Industry and Trade Tran Tuan Anh talks on the phone with US Trade Representative Robert Lighthizer on January 7 on bilateral economic and trade issues (Photo: VNA)
Door swings open for further EU-Vietnam development 09:00 | 15/01/2021
Vietnam and the European Union have experienced 30 years in their bilateral diplomatic relationship. Deputy Minister of Foreign Affairs To Anh Dung writes about both sidesâ comprehensive strides in all sectors over the past decades, with shared brighter prospects awaiting ahead.
Deputy Minister of Foreign Affairs To Anh Dung
Looking back to the 30 years of diplomatic ties between Vietnam and the EU, we can see spectacular and rapid strides in the relationship. From cooperation in some sectors, both sidesâ ties have developed to the Partnership and Cooperation Agreement (PCA) when a new framework cooperation agreement was signed in 2012, replacing the EU-Vietnam Framework Cooperation Agreement inked in 1995.
Illustrative image (Photo: VNA)
Hanoi (VNA) – The Central Institute for Economic
Management (CIEM) introduced two
scenarios for Vietnam’s economic growth 2021
during a seminar held in Hanoi on January 15.
The event was co-hosted by the CIEM and the Australia
Supports Economic Reform in Vietnam (Aus4Reform).
Accordingly, Vietnam could achieve a growth rate of 5.98
percent in the first scenario and 6.46 percent in the second scenario. The
average inflation was estimated at 3.51 percent and 3.78 percent, respectively.
Export was expected to grow by 4.23 percent in the first
scenario and 5.06 percent in the second scenario. Trade surplus was forecast to
stand at 5.49 billion USD and 7.24 billion USD, respectively.
As of the end of 2020, the bank’s total credit balance stood at 226.19 trillion
VND (9.86 billion USD), a year-on-year rise of 9.4 percent.
Its loans have generated jobs for more than 361,000 labourers at home, and
supported over 5,200 guest workers, along with nearly 44,600 disadvantaged
students.
Around 200 businesses have accessed the loans to ensure wages for more than
8,500 employees affected by the COVID-19 pandemic.
The capital has also contributed to the building of 1.3 million water supply
and hygiene facilities in rural areas, and thousands of houses for poor
households, the bank said.
Its accumulative policy credit capital was 233.42 trillion VND at the end of
VND per USD on January 13, down 6 VND from the previous day.
With the current
trading band of +/-3 percent, the ceiling rate applied to commercial banks
during the day is 23,827
VND/USD and the floor rate, 22,440 VND/USD.
The opening hour rates
at some commercial banks stayed stable.
At 8:25 am,
Vietcombank listed the buying rate at 23,950 VND/USD and the selling rate at
23,160 VND/USD, both unchanged from January 12.
BIDV also kept both rates unchanged,
listing the buying rate at 22,970 VND/USD and the selling rate at 23,170 VND/USD.
Meanwhile, the rates at Vietinbank were adjusted down 7 VND from January 12 to 22,918 VND/USD (buying) and 23,161 VND/USD (selling)./.