The Private Economic Development Research Board (Board IV) under the Prime Minister’s Advisory Council for Administrative Procedure Reform has submitted seven groups of solutions to the Prime Minister for consideration to help enterprises cope with the impacts of the Middle East conflict.
The European Union (EU)’s opposition to the US Inflation Reduction Act (IRA) has become a serious trade dispute between the two sides of the Atlantic. Although the US affirmed that its support for green industry would not aim to harm the EU, the tensions related to this issue are at risk of causing a significant rift in the alliance.
When the wounds caused by the COVID-19 pandemic have not yet healed, the world economy has been continuously subjected to a series of shocks including inflation, energy crisis, supply disruptions, and the risks of public debt. These dark clouds are casting a shadow over the prospect of recovery and growth, of the world economy in the coming time.
The inflation storm continues to be severe in the major economies of Southeast Asia and threatens the region's prospects for economic recovery following the COVID-19 pandemic.
Alongside other coastal localities across the country, Quang Tri Province is intensifying efforts to combat illegal, unreported and unregulated (IUU) fishing in a bid to lift the European Commission (EC)’s “yellow card” warning. The focus is on strict vessel management, resolutely preventing unqualified fishing boats from setting sail, and stepping up communication to raise fishermen’s legal awareness.