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Construction of the carbon-neutral factory, LEGO Group’s sixth manufacturing site and second in Asia, will begin in the second half of 2022 and production is due to start during 2024
The country’s longstanding ties with its neighbor Laos constitute an alliance in everything but name. By December 21, 2020 Advertisement Does Vietnam have a military ally? The country’s famous “Three Nos” defense policy – no military alliances, no foreign military bases on Vietnamese territory, and no reliance on any country to combat others – says that it does not. Indeed, since the end of the Cold War, Vietnam has embraced a multi-vector diplomacy: trying to improve relations with the major powers and participating in multilateral institutions while shunning signing Cold War-st...
Tuesday, December 15, 2020 - 1:15pm The Office of the U.S. Trade Representative in October set in motion a process that could result in the imposition of U.S. tariffs on billions of dollars of imports from Vietnam. The U.S. Chamber of Commerce and other business representatives have argued against the tariff threat, which is tied to the alleged undervaluation of Vietnam’s currency. Helpfully, the U.S. Department of the Treasury has established clear criteria for evaluating whether a trading partner is engaging in currency policies that maintain an undervalued currency. Treasury is required ...