ministries localities tasked with handling cargo congestion

Ministries, localities tasked with handling cargo congestion

Deputy Prime Minister Le Van Thanh has asked ministries and localities to work with the Chinese side to reopen some border gates, the Government’s Office said in a notice.
vietnam china seek solutions to cargo congestion at border gates

Vietnam, China seek solutions to cargo congestion at border gates

Vietnamese Deputy Minister of Foreign Affairs Nguyen Minh Vu has held phone talks with Chinese Assistant Foreign Minister Wu Jianghao to discuss measures to accelerate the circulation of goods through border gates between the two countries.
shortages blight timber businesses

Shortages blight timber businesses

While Chinese enterprises have been buying wood and timber from Vietnam, local businesses are beginning to struggle from a shortage of production materials, leading some to argue for stricter control measures and higher export tax rates
rubber hits price stability as exporters cast net wider

Rubber hits price stability as exporters cast net wider

Vietnamese rubber exports have reached decent figures, albeit based on lower expectations – and exporters are now hoping that China will soon increase its hunger for their rubber, while at the same time preparing to shift towards new markets to end the long-lasting dependence on the Chinese market.
considering the implications of fiscal reformations

Considering the implications of fiscal reformations

To cope with the ongoing pandemic, the central banks of many nations have significantly expanded their balance sheets by using non-traditional monetary policies by increasing money for purchasing government bonds and even corporate bonds. Meanwhile, the People’s Bank of China (PBoC) has limited balance sheet expansion but used an effective monetary policy for the Chinese economy.
taiwans leading chip maker nanya technology expresses concerns over chip shortage

Taiwan's leading chip maker Nanya Technology expresses concerns over chip shortage

Nanya Technology, the major Taiwanese maker of dynamic random-access memory (DRAM) chips, has expressed concerns over the chip shortage as lockdowns in Souhtheast Asia, including Vietnam, and Chinese power outrages could dampen the upbeat outlook.
evergrande case and its implications for vietnams future property development

Evergrande case and its implications for Vietnam’s future property development

Although Evergrande Group’s debt crisis has not ended, its domino effect still haunts the entire Chinese economy and the global market. Patrick Lenain, assistant director at the Organisation for Economic Co-operation and Development, shares his thoughts on the lessons and implications for Vietnam from this case.
dragon fruit diversification key to success

Dragon fruit diversification key to success

Following restrictions on imports from Vietnam into China, the former’s dragon fruit farmers are confronted with a critical oversupply of fresh fruit – but while there is no immediate solution, voices are being raised to end the strong reliance on the Chinese market.
us dumping allegations threaten solar exporters

US dumping allegations threaten solar exporters

While the market for solar panels and cells is booming amid the escalating climate change and energy demand, some exporters in Vietnam could be facing trade remedy actions if the US Department of Commerce deems them part of a larger scheme by Chinese producers allegedly trying to circumvent antidumping rules.
chinese solar manufacturers in vietnam may face an investigation from the us

Chinese solar manufacturers in Vietnam may face an investigation from the US

A slew of China’s largest solar manufacturers in Vietnam including the likes of Trina Solar Science & Technology Co., Ltd. and JinkoSolar Co., Ltd may face an investigatitation from the US Department of Commerce for unfair imports of solar cells and modules from Vietnam.
chinese smartphone brands accounts half of vietnam market in q22021

Chinese smartphone brands accounts half of Vietnam market in Q2/2021

Vietnam’s smartphone shipments witnessed 11 per cent growth on-year in the second quarter, with Chinese original equipment manufacturers (OEMs) capturing around half of the market, according to Counterpoint Research’s Monthly Vietnam Channel Share Tracker.
one more company allowed to import sinopharm vaccine

One more company allowed to import Sinopharm vaccine

The Drug Administration of Vietnam has allowed Saigon Pharmaceutical Company (Sapharco) to import five million doses of the Chinese-made Sinopharm COVID-19 vaccine (Vero Cell) to meet the urgent needs of pandemic prevention.
chinese ambassador hails vietnams election preparations

Chinese Ambassador hails Vietnam’s election preparations

Chinese Ambassador to Vietnam Xiong Bo has affirmed the political significance of the elections of deputies to the 15th National Assembly and People’s Councils at all levels for the 2021-2026 tenure, scheduled for May 23, in an interview granted recently to the Vietnam News Agency.
alibaba leads 400 million investment in masan groups consumer and retail unit

Alibaba leads $400 million investment in Masan Group's consumer and retail unit

Alibaba Group and its partners are pouring $400 million into Masan Group's consumer and retail arm, a deal that will help the Chinese e-commerce giant expand its footprint in the country.
virus deaths top 4000 in india as who green lights chinese vaccine

Virus deaths top 4,000 in India as WHO green-lights Chinese vaccine

New Covid-19 deaths surged past 4,000 for the first time in India on Saturday as it struggled with one of the world's worst outbreaks, but the global immunisation effort was boosted with WHO approval for Chinese firm Sinopharm's vaccine.