45 countries recognise Vietnam’s market economy status

Vietnam has, to date, received recognition of its market economy from 45 countries across the world, with Oman being the latest, according to the Ministry of Industry and Trade.

This reflects the international community’s acknowledgement of Vietnam’s efforts to reform its economy and foster international economic integration, encouraging other countries to make a similar assessment of Vietnam’s economy.

In the time ahead, the Vietnamese Government will continue providing explanations of its market economy for several partners, including the US, the European Union, Canada and Mexico.

Under the commitments to the World Trade Organisation, Vietnam agreed to have its economy considered as a non-market economy in anti-dumping cases. However, partners who recognise Vietnam’s market economy status will stop applying “non-market” status to Vietnam.

Source: VNA

Other news

Banking-finance

VNPT & SeABank cooperate to enhance connections

The Vietnam Posts and Telecommunications Group (VNPT) and SeABank just co-signed cooperation agreement, aiming to develop the two sides’ economic, business and investment potential.


Self - introduction

VNPT targets to be leading digital service provider in Vietnam

The grand opening ceremony of the VNPT-Information Technology Company (VNPT-IT), a new member of the Vietnam Posts and Telecommunications Group (VNPT), was held yesterday in Hanoi. With thousands of IT engineers and the focus on developing state-of-the-art technological products related to Artificial Intelligence (AI), Bigdata, and Blockchain, the new company is considered the main force to help VNPT fulfill the goal of becoming a leading digital service provider in Vietnam and an important Digital Hub of the neighborhood as well as the world.

Stock market

SAS profits VND 118bln

The Southern Airports Service Joint Stock Company (Sasco) which is listed under code SAS on the Unlisted Public Company Market (UPCoM), announced its second quarter’s financial report with net revenue at VND 634.5billion, an increase of 14 percent compared to last year.