us to end duty free tariffs on vietnamese solar panels

US to end duty-free tariffs on Vietnamese solar panels

The US' duty-free tariff treatment for solar products from Cambodia, Malaysia, Thailand, and Vietnam, will end in June, according to an announcement by the White House on May 16.
vng partners with nvidia to boost cloud computing capabilities

VNG partners with Nvidia to boost cloud computing capabilities

Vietnamese technology powerhouse VNG has partnered with Nvidia to enhance its cloud computing capabilities, aligning with the US chip manufacturer's strategic push to strengthen its presence across Asia, according to a report by Nikkei Asia on May 15.
local competition and greener projects must be encouraged

Local competition and greener projects must be encouraged

The Vietnam Chamber of Commerce and Industry has announced the 2023 index results that aimed to encourage localities to pay greater attention to economic development associated with environmental protection. Marc E. Knapper, the US Ambassador to Vietnam, told VIR’s Hazy Tran about the expectations for the government and local businesses to enhance provincial competitiveness and greener projects.
us fed vice chair says interest rates should remain on pause

US Fed vice chair says interest rates should remain on pause

The US central bank should keep interest rates at their current "restrictive" levels until it sees real progress in the fight to lower inflation, a senior Fed official said Monday.
keppel corporates with fico pan united and coteccons to explore sustainable concrete solutions

Keppel corporates with FiCO Pan-United and Coteccons to explore sustainable concrete solutions

Keppel Ltd., FiCO Pan-United Concrete JSC, and Coteccons Construction JSC signed a MoU on May 11 to explore the use of sustainable concrete in Vietnam.
us commerce department reviews vietnams market economy status

US Commerce Department reviews Vietnam's market economy status

The US Department of Commerce conducted hearings to determine if Vietnam qualifies as a "market economy" on May 8. These discussions, held virtually from Washington DC, featured arguments from supporters and detractors of the designation.
vietnam welcomes us commerce departments consideration of market economys status for vietnam spokesperson

Vietnam welcomes US Commerce Department’s consideration of market economy's status for Vietnam: spokesperson

Foreign Ministry spokesperson Pham Thu Hang on May 9 said that Vietnam welcomes the US Commerce Department’s consideration of upgrading Vietnam to 'market economy' status.
uob usd likely to weaken against the vnd

UOB: USD likely to weaken against the VND

The latest Global FX and Rate Outlook from UOB Global Economics and Markets Research dated May 3 expects the USD to weaken from the third quarter of 2024. This comes after the latest Federal Open Market Committee, held April 30–May 1, and its statement conceding a lack of progress towards the 2 per cent inflation objective since the start of the year.
french court to hold hearing on ao lawsuit

French court to hold hearing on AO lawsuit

The Court of Appeal of Paris will open a hearing in early May regarding a lawsuit filed by Vietnamese-French Tran Thi To Nga against US chemical corporations that supplied Agent Orange (AO)/dioxin for the US army during the war in Vietnam.
malaysian official urges collective efforts in plastic waste fight

Malaysian official urges collective efforts in plastic waste fight

A Malaysian official has underlined the importance of collective efforts, particularly by the public, in promoting the use of reusable bags and reducing single-use plastics in the fight against plastic waste.
vietnam ready to ride us investment wave

Vietnam ready to ride US investment wave

Vietnam is on the verge of seeing a massive influx of investments from the US, and stands ready to welcome the wave.
us company steps up ai investment in southeast asia

US company steps up AI investment in Southeast Asia

The US chip manufacture Nvidia is planning to build a 200 million USD artificial intelligence (AI) centre in Indonesia as part of its push into Southeast Asia.
vietnamese businesses grapple with surging exchange rates

Vietnamese businesses grapple with surging exchange rates

Surging exchange rates spark investor caution as the Vietnamese dong's sharp rise against the US Dollar imposes wide-ranging impacts on businesses.
ls eco energy signs deal for superconducting cable project in vietnam

LS Eco Energy signs deal for superconducting cable project in Vietnam

South Korea's LS Eco Energy has signed a business agreement with the Institute of Energy (IoE) to expand the use of superconducting cables.
concerted effort to capitalise on investment trends

Concerted effort to capitalise on investment trends

Vietnam is trying to cultivate an enabling environment for chip and science development to strengthen supply chains and take advantage of opportunities under the regulations of the US CHIPS and Science Act.