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The Vietnam General Confederation of Labour (VGCL) is the sole national trade union center in Vietnam. It was founded 29 July 1929 as the Red Workers' General Union in Northern Vietnam, and extended into the entire country after the collapse of South Vietnam in 1975.
After approval by the Council of Ministers, major trade programs were announced at national party congresses. The trade program announced in 1986 at the Sixth National Party Congress called for export growth of 70 percent during the Fourth Five-Year Plan. [1] Closer linkages between trade and general economic planning in the 1980s had mixed ...
Vietnam, although a relatively young and small nation, has successfully established trade relations with dozens of countries worldwide. This is especially evident in the number of free trade agreements (FTAs) that the country has signed and is participating in. Being part of the Association of Southeast Asian Nations (ASEAN), economic opportunities for Vietnam expands beyond bilateral trade ...
Vietnam's large trade surplus with the United States may reignite tensions with Washington in the event of a second Trump presidency, analysts warned, as exports of solar panels and other ...
The National Assembly of Vietnam building in Hanoi. The National Assembly of Vietnam is the unicameral state legislature composed of 500 members. [237] Headed by a chairman, it is superior to both the executive and judicial branches, with all government ministers being appointed from members of the National Assembly. [233]
The former Ministry of Trade has its origins in 1945 with the formation of the modern National Unification Cabinet, and became a ministry in its own right in 1955. [1] The Ministry of Trade merged with the Ministry of Industry in 2007 to form the Ministry of Industry and trade. The current Minister of Industry and Trade is Nguyễn Hồng Diên.
Its members are elected from among National Assembly deputies, [1] including the Chairman/Chairwoman, Deputy Chairmen/Chairwomen, and other standing members. The number of the Standing Committee's members is decided by the National Assembly, these members must not concurrently hold a position in the cabinet.
Though Vietnam is a relative newcomer to the oil industry, it is currently the third-largest oil producer in Southeast Asia, with a total 2011 output of 318,000 barrels per day (50,600 m 3 /d). [1] In 2010, Vietnam was ranked as the 8th largest crude petroleum producers in the Asia and Pacific region. [ 2 ]