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US crisis signals second round of globalisation |
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Secretary General of UNCTAD Supachai Panitchpakdi says
Viet Nam should focus on long-term, not short-term, growth during the current global financial crisis.
The collapse of giant American financial in stitutions has pushed the world closer to a global financial crisis. What do you think the new world economy will look like when the crisis is over?
The world is entering the second generation of globalisation. In the process, we will see the emergence of the New South. It means the New South will be stronger in terms of trading capacity.
As you see,
China is now the world’s second largest exporter after
Germany. It used to be seventh and eighth some years ago. You are seeing what I called a capital paradox. That is, capital flowing from developing countries to more advanced economies instead of vice versa, which is a normal thing.
In the second generation of globalisation, you will see more inclusive participation of all the regions of the world. It is not a one-way street as was the case during the beginning of globalisation, when companies from the
First World would invest in the South.
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Vietnamese fruits approved for import into the US |
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HCM
City (VNA) –Fruit exports to the
US will include dragonfruit as well as longan and rambutan, agricultural officials have said.
Pham Ngoc Lieu, deputy director of the Southern Fruit Research Institute, said US Department of Agriculture officials in a recent visit to Vietnam said more than 10 kinds of fruit would be imported, with the first being dragonfruit and then longan and rambutan.
Nguyen Minh Chau, director of the Southern Fruit Research Institute, said to enter the
US market these two kinds of fruit must meet Global Good Agricultural Practices (GAP) certificates.
The
US department has asked the southern institute to assist the Mekong Delta fruit farmers to apply the GAP standards in the production process.
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Diplomat praises US-Viet Nam ties |
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HA NOI —
US-Viet
Nam relations have experienced a good time of development, according to US Ambassador Michael Michalak. |
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PM holds talks with US President to boost ties |
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Washington (VNA) – Prime Minister Nguyen Tan Dung and his host,
U.S. President George W. Bush, discussed measures to strengthen and further
boost friendly ties and multifaceted cooperation |
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PM thanks US Viet Kieu for their important role |
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Washington — Overseas
Vietnamese residents, or the Viet Kieu as they are known in Vietnamese, were an
indispensable part of the Vietnamese nation, PM Nguyen Tan Dung, said in the
American capital on Monday. |
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Vietnam respects int’l laws and UN Charter |
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New
York (VNA) – The Vietnamese representative to the United
Nations Security Council (UNSC) emphasised the unchanged position of the
Vietnamese Government concerning the issue of Kosovo, which reflects the
country’s respect for the most fundamental principles of international law and
the UN Charter. |
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PM Nguyen Tan Dung sets off for US visit |
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Hanoi
(VNA) -
Prime Minister Nguyen Tan Dung left Hanoi on
June 22 morning for an official visit to the US from June 23-26 as a guest of
President George W. Bush.
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