On August 5, 2024, with the approval of the President of Costa Rica, Mr. Rodrigo Chaves, the Minister of Foreign Trade of Costa Rica, Manuel Tovar, directly informed and handed over a diplomatic note recognizing Vietnam as a market economy country at the headquarters of the Ministry of Industry and Trade.
Thus, Costa Rica has become the 73rd country to recognize Vietnam’s market economy status.
Costa Rica is a member of the World Trade Organization (WTO) and the Organisation for Economic Co-operation and Development (OECD), which comprises the world’s 38 most developed market economy countries.
Costa Rica’s legal framework includes provisions on investigations and the application of trade remedies. As of December 31, 2023, according to WTO statistics, Costa Rica had initiated 12 anti-dumping investigations against imports from countries such as Brazil, Chile, Mexico, the United States, Nicaragua, El Salvador, Venezuela, and Guatemala.
The recognition of Vietnam as a market economy country by the Costa Rican Minister of Foreign Trade in anti-dumping and countervailing investigations is a positive move as we are requesting certain trading partners to recognize Vietnam’s market economy status.
At the working session, Minister Nguyen Hong Dien applauded Costa Rica’s diplomatic note recognizing Vietnam as a market economy country in anti-dumping and countervailing investigations.
Costa Rica’s recognition of Vietnam as a market economy country reflects the actual achievements Vietnam has made in its development and integration into the global economy. It will also contribute to fostering the economic and trade relations between the two countries.
The most extensive bribery case ever in Thanh Hoa: Numerous suspects prosecuted for “Giving and Receiving Bribes”
The Provincial Security Investigation Agency (PSIA) of Thanh Hoa province announced on January 31st that it has made the decision to initiate a prosecution against 23 individuals in connection with the offenses of “Accepting bribes” and “Giving bribes” as stipulated in Article 354(3) and Article 364(2) of the Criminal Code.
Accelerating disbursement of the 120 trillion VND credit package for social housing
Deputy Prime Minister Trần Hồng Hà has recently issued directives regarding the implementation of the 120,000 billion VND credit package for investors and buyers of social housing, workers’ housing, and projects for the renovation and construction of apartment buildings.
“Prosecution of government officials, land registration officers, and tax department employees in the largest bribery case ever”
The Thanh Hoa Police Investigative Agency has initiated legal proceedings against 23 individuals involved in the crimes of “Bribery” and “Receiving bribes”. This is the largest bribery case in terms of the number of suspects ever discovered and apprehended by the Thanh Hoa Police.
Mobile World achieves revenue of VND118,000 trillion: TVs, tablets, and phones all decrease by 10% – 50%, while one product grows in both quantity and revenue.
Mobile World Investment Corporation (MWG) has recently announced its 2023 business results. According to the report, the company’s consolidated revenue reached over 118 trillion Vietnamese dong, equivalent to 89% of the revenue in 2022.
Vietnam’s Irresistible ‘Specialty’ That China Desperately Wants to Revive: Highly Popular from the US to Asia, Bringing in Millions of Dollars
Vietnam is one of the largest exporting countries in the world, along with China and the Philippines.
