1 ANSWERS OF PART 3 – ROUND 1 1. Up to 2015, which rank has the EU been among all trading partners of Vietnam? A. The first B. The second C. The third D. The fouth Answer: B. The second 2. In international aspects, the most basic benefit of trade liberalization policy is: A. Advantaging trade environment, eliminating discrimination status in international trade activities B. Promoting development of international trade, bringing out moving economic resources effectively, increasing economic benefits in each country and all over the world C. Allowing consumers in all over the world to use better and cheaper goods D. Developing countries can keep up with developement levels of developed countries quickly Answer: B. Promoting development of international trade, bringing out moving economic resources effectively, increasing economic benefits in each country and all over the world 3. Vietnam signed a Free Trade Agreement (FTA) with: A. Japan B. Chile C. EU D. A and B are correct Answer: D. A and B are correct 4. Where was the first East Asia Summit (EAS) held? A. Kuala Lumpur, Malaysia B. Cebu, Philippines C. Cha – am and Hua Hin, Thailand D. Nam Ninh, China Answer: A. Kuala Lumpur, Malaysia 5. Up to 2014, which country was the world's largest gold producer? 2 A. USA B. Australia C. China D. Russia Answer: C. China 6. When did Vietnam join ASEAN Free Trade Area (AFTA)? A. 1994 B. 1995 C. 1996 D. 1997 Answer: B. 1995 7. Now, the only comprehensive strategic partnership of Russia in the Asia-Pacific region is: A. Vietnam B. Korea C. China D. Japan Answer: A. Vietnam 8. In the first five months of 2015, which country was the largest tea consumer of Vietnam? A. Pakistan B. China C. Japan D. All are incorrect Answer: A. Pakistan 9. The diplomatic relations between Vietnam and Japan was officially established in: A. 1963 B. 1973 C. 1983 D. 1993 Answer: B. 1973 3 10. Up to 2015, the number of EU’s members is: A. 25 countries B. 26 countries C. 27 countries D. 28 countries Answer: D. 28 countries 11. Throughout 2015, the European Union (EU) and Vietnam are celebrating the ……. anniversary of the establishment of diplomatic relations. A. 10th B. 15th C. 20th D. 25th Answer: 25th 12. ASEAN+3 is the cooperation mechanism among ASEAN and: A. Japan, Australia, China B. Korea, China, Japan C. Korea, India, Australia D. India, China, Japan Answer: B. Korea, China, Japan 13. Which country became the largest oil and gas producing country in 2014? A. China B. Sudan C. Venezuela D. USA Answer: D. USA 14. According to statistics of UN Conference on Trade and Development (UNCTAD) announced 0n January 29th, 2015, which country was the top destination for Foreign Direct Investment (FDI) in 2014? A. USA B. China C. England D. India Answer: B. China 4 15. Which company was honored with the award "Golden Brand Food Vietnam" in 2015? A. FrieslandCampina B. Nestle C. IZZI S+ D. Bao Long Answer: A. FrieslandCampina 16. Vietnam joined the Asia-Pacific Economic Cooperation (APEC) in: A. 1996 B. 1997 C. 1998 D. 1999 Answer: C. 1998 17. Only commercial activities beyond national boundaries should be considered as international trade. True or False? A. True B. False Answer: B. False 18. Unilever is a multinational company founded by: A. American and the British B. American and the Dutch C. The British and French D. The British and the Dutch Answer: D. The British and the Dutch 19. The countries joining in international trade activities as traders are always entitled to legal immunity. True or False? A. True B. False Answer: A. True 20. The characteristics of trade liberalization is (that): 5 A. Allowing countries to have free participation in markets without any barriers B. There is hardly the government’s role C. The Government minimizes obstacles in tariff barriers and non-tariff barriers D. The process of eliminating the separation from countries’ borders Answer: C. The Government minimizes obstacles in tariff barriers and non-tariff barriers 21. At the end of 2005, which of the following countries were the first four countries to sign Trans-Pacific Strategic Economic Partnership Agreement (TPP)? A. Brunei, Chile, New Zealand and Singapore B. Brazil, Colombia, New Zealand and Singapore C. Canada, Mexico, Korea and Vietnam D. USA, Chile, Venezuela and Thailand Answer: A. Brunei, Chile, New Zealand and Singapore 22. Which association form is Organization of Petroleum Exporting Countries (OPEC) a typical example of? A. Cooperation forum B. Economic alliance C. Cartel D. Trust Answer: C. Cartel 23. The content of the Customs Union is: A. Having freedom in transferring factors of production B. Establishing general economic development policies among countries C. Internal trade liberalization, applying common customs tariff for the entire union D. Implementing internal trade liberalization Answer: C. Internal trade liberalization, applying common customs tariff for the entire union 24. When did Vietnam successfully assume the role of Chairman of ASEAN? A. 2010 B. 2011 C. 2012 D. 2013 Answer: A. 2010 6 25. Who is the chairman of Vingroup Conglomerate? A. Mr. Le Nhu Linh B. Mr. Nghiem Xuan Thanh C. Mr. Pham Nhat Vuong D. Mr. Truong Gia Binh Answer: C. Mr. Pham Nhat Vuong 26. The Asian Infrastructure Investment Bank (AIIB) was initiated by: A. Singapore B. China C. Japan D. India Answer: B. China 27. On 19th November 2014, where was the 6th World Rice Conference held? A. Ha Noi, Vietnam B. Bangkok, Thailand C. Vienchan, Laos D. Phnom Penh, Cambodia Answer: D. Phnom Penh, Cambodia 28. The Asia–Europe Meeting (ASEM) was officially established in 1996 at the first summit in: A. Seoul, Korea B. Beijing, China C. Bangkok, Thailand D. London, UK Answer: C. Bangkok, Thailand 29. Where is the headquarters of UNCTAD (United Nations Conference on Trade and Development)? A. Switzerland B. Italia C. UK D. USA Answer: A. Switzerland 7 30. Which country does Familymart Convenience-Store Chain belong to? A. Korea B. Japan C. China D. England Answer: B. Japan 31. The Secretary-General of ASEAN for 2013-2017 term is: A. Thai B. Vietnamese C. Indonesian D. Malaysian Answer: B. Vietnamese 32. Which country is not an official member of The European Union (EU)? A. Croatia B. Austria C. Belgium D. Montenegro Answer: D. Montenegro 33. Now, who is the Director of the Vietnam Trade Promotion Agency? A. Mr. Bui Huy Son B. Mr. Nguyen Tien Vuong C. Mr. Nguyen Duy Chinh D. Mr. Nguyen Hoang Ngan Answer: A. Mr. Bui Huy Son 8 34. This is the headquarters of: A. World Trade Organization (WTO) B. The European Union (EU) C. The United Nations (UN) D. Organization for Economic Co-operation and Development (OECD) Answer: C. The United Nations (UN) 35. In 2015, which company bought the battery business from Magna International? A. Nokia A. Apple C. Ford D. Honda Answer: A. Apple 36. When was The US-Vietnam Bilateral Trade Agreement signed? A. 1998 B. 2000 C. 2002 D. 2004 Answer: B. 2000 9 37. Who is the former founder and the chairman of Best Buy? A. Mr. Alfred Taubman B. Mr. Ralph Lauren C. Mr. Richard Schultze D. Mr. Richard Branson Answer: C. Mr. Richard Schultze 39. Where was the 26th ASEAN Summit held? A. Malaysia B. Vietnam C. Cambodia D. Thailand Answer: A. Malaysia 40. Who is she? A. Ms. Nguyen Thi Le Hong - Chairman of the Board, CEO of Dong Nai Food Industrial Corporation B. Ms. Mai Kieu Lien – Chairman of the Board and General Director of Vinamilk Company C. Ms. Nguyen Mai Phuong – Director of Unilever Conglomerate D. Ms. Duong Thi Mai Hoa – Director of Vingroup Conglomerate 10 Answer: B. Ms. Mai Kieu Lien – Chairman of the Board and General Director of Vinamilk Company 41. Where was the Trade Fair Vietnam – Laos 2014 (VIETLAOEXPO) held? A. Ha Noi, Vietnam B. Vientiane, Laos C. Ho Chi Minh City, Vietnam D. Savannakhet, Laos Answer: B. Vientiane, Laos 42. According to Interbrand, in 2014, Google was the most valuable brand in the world. True or False? A. True B. False Answer: B. False 43. Up to the begining of 2015, which rank had Vietnam been among all trading partners of Cambodia? A. The first B. The second C. The third D. The fourth Answer: B. The second. 44. From 18th to 20th June 2015, where did Nguyen Quoc Khanh – General Director of Vietnam Oil and Gas Group attend 19th the World Economic Forum in Saint Petersburg? A. England B. France 11 C. Russia D. USA Answer: C. Russia 45. In the first nine months of 2014, which country was the largest trading partner of Vietnam? A. China B. USA C. Korea D. Japan Answer: A. China 46. Myanmar businessman often required importing partners to deposit in cash 10% of the total amount of economic contract. True or False? A. True B. False Answer: A. True 47. When was the Silk Road - an ancient network of trade and cultural transmission routes formed? A. 2nd century BC B. 3rd century BC C. 4th century BC D. 5th century BC Answer: A. 2nd century BC 48. International commercial policies of a country aim at: A. More effective resource distribution B. Protecting national production 12 C. Adjust international commerce D. All are correct Answer: D. All are correct 49. Pursuant to the Circular No. 04/2014/TT-BCT dated January 27th, 2014 of the Ministry of Industry and Trade, which of the following is not imported by quota? A. Refined sugar B. Milk C. Poultry egg D. All are incorrect Answer: B. Milk 50. International commerce allows changing production structure and… spending capacity of citizens in a country. A. Increasing B. Changing C. Balancing D. All are correct Answer: A. Increasing 51. The main import capital of each country comes from: A. Internatonal loans B. Foreign aid and investment C. Import D. Export. Answer: D. Export 13 52. How often is the International Agriculture Trade Fair (AGROVIET) held? A. Once every 4 years B. Once every 3 years C. Once every 2 years D. Once a year Answer: D. Once a year 53. International Chamber of Commerce (ICC) was established in: A. 1949 B. 1939 C. 1929 D. 1919 Answer: D. 1919 54. According to general rules in international commercial transactions, spot value day is: A. The day after contract signing day B. 2nd day after contract signing day C. 3rd day after contract signing day D. 4th day after contract signing day Answer: B. 2nd day after contract signing day 55. According to the China-ASEAN Business Council (CABC)’s report revealed on January 30th, Vietnam has become China’s second largest ASEAN trade partner in 2014, only after: A. Malaysia B. Philippine C. Thailand D. Singapore 14 Answer: A. Malaysia 56. Incoterms 2010 published by International Chamber of Commerce (ICC) in Paris, France and it took effect on: A. January 1st ,2011 B. January 1st ,2010 C. October 10th , 2010 D. October 10th, 2011 Answer: A. January 1st ,2011 57. According to World Trade Organization (WTO), trade barrier system includes: A. Tariff and non-tariff barriers B. Tariff, technical and non-tariff barriers C. Tariff, quota, technical barriers D. Technical, cultural, tariff, non-tariff barriers Answer: A. Tariff and non-tariff barriers 58. In 2015, Ministry of Industry and Trade decided to raise import quota of poultry eggs more than …. dozens compared with 2014? A. 1500 B. 2000 C. 2500 D. 3000 Answer: B. 2000 59. What kind of fruit has the Australian Ministry of Agriculture allowed their businesses to import from Vietnam since April 18, 2015? A. Star Apple B. Litchi 15 C. Dragon Fruit D. Jackfruit Answer: B. Litchi 60. Lotteria was established firstly in Vietnam in: A. 1997 B. 1998 C. 1999 D. 2000 Answer: B. 1998 61. The Ministry of Finance has issued Circular 161/2011/TT-BTC clarifying that import tariffs of certain steel, ore and alloy products have been reduced to….from January 1st 2015 in accordance with Vietnam’s commitments to the ASEAN Trade in Goods Agreement (ATIGA). A. 10% B. 5% C. 3% D. 0% Answer: D. 0% 62. My Thuan Bridge is the cooperation project between Vietnam and: A. Australia B. USA C. Japan D. Russia Answer: A. Australia 63. “Just do it” is the slogan of: 16 A. Coca-Cola B. Mercedes-Benz C. Nike D. Biti’s Answer: C. Nike 64. Which of the following countries does not belong to G7 group? A. Italia B. Brazil C. Canada D. Germany Answer: B. Brazil 65. As per a recent Government directive, Viet Nam will stop exporting coal dust in … in order to ensure the supply of coal for thermal power production for the 2018 to 2020 period. A. 2014 B. 2015 C. 2016 D. 2017 Answer: B. 2015 66. Up to 2015, which country belonging to Eurozone doesn’t use Euro? A. France B. Belgium C. England D. Germany Answer: D. Germany 17 67. From 1986 up to January, 2015, Vietnam balance trade had reached the highest surplus in: A. 1992 B. 2012 C. 2013 D. 2014 Answer: D. 2014 68. According to European council announcement, which country was admitted to be a member of Eurozone in 2014? A. Latvia B. England C. Malta D. Belgium Answer: A. Latvia 69. The mercantilism was first founded in: A. USA B. UK C. Spain D. Holland Answer: B. UK 70. The Prime Minister’s Decision No. 252/2003/QD-TTg on November 24th, 2003 on the management of goods trading across the border with bordering countries about subjects entitled to trade, exchange goods of border residents include: A. Citizens with permanent household registration in districts adjacent to bordering countries are entitled to trade and exchange goods items in accordance with the regulations on cross-border goods trading 18 B. Citizens all over country are entitled to trade and exchange goods items in accordance with the regulations on cross-border goods trading C. Citizens with temporary household registration in districts adjacent to bordering countries are entitled to trade and exchange goods items in accordance with the regulations on cross-border goods trading D. All are incorrect Answer: A. Citizens with permanent household registration in districts adjacent to bordering countries are entitled to trade and exchange goods items in accordance with the regulations on cross-border goods trading 71. When did European Union and Vietnam celebrate 25 years of diplomatic relationship? A. 2013 B. 2014 C. 2015 D. 2016 Answer: C. 2015 72. Until 2012, how long had it been since of the establishment of diplomatic relations between Laos and Vietnam? A. 30 years B. 35 years C. 45 years D. 50 years Answer: D. 50 years 73. According to General Statistics Office of Vietnam’s report about the number of foreign tourists coming to Vietnam in service sector in 2014, which country led in the number of tourists coming to Vietnam in 2014? A. China B. Laos 19 C. Korea D. Cambodia Answer: C. Korea 74. In comparison with other border gates in Vietnam-Cambodia mainland borderline, which is the largest international border gate in the south of Vietnam? A. Hoa Lu border gate B. Moc Bai border gate C. Hiep Binh border gate D. Le Thanh border gate Answer: B. Moc Bai border gate 75. According to Vietnam Airlines Corporation’s statistics in 2012, after Noi Bai international airport and Tan Son Nhat international airport, which international airport was in the third position in hustle national and international transport activities? A. Chu Lai (Quang Nam) B. Da Nang (Da Nang) C. Cat Bi (Hai Phong) D. Phu Bai (Hue) Answer: B. Da Nang (Da Nang) 76. When was the Macao-ASEAN International Chamber of Commerce (MAICC) established? A. 2009 B. 2010 C. 2011 D. 2012 Answer: A. 2009 20 77. According to Society for Worldwide Interbank Financial Telecommunication (SWIFT)’s figures, which currency overwhelmed Euro to be the most-used in international payment in 2013? A. AUD B. Yuan C. Rub D. Thai Baht Answer: B. Yuan 78. Which bank was honored to receive the prize “Straight through processing (STP)” in 2012 awarded by The Bank of New York Mellon? A. Sacombank B. VP Bank C. Techcombank D. Agribank Answer: B. VP Bank 79. Wall Street is a metaphoric way to mention financial importance of America finance. Which city does Wall Street belong to? A. New York B. Hawaii C. Ohio D. Washington Answer: A. New York 80. According to Vietnam Association of Seafood Exporters and Producers (VASEP), more than 90% aquatic enterprises chose.... to be international payment currency in most order form. A. Yuan B. USD 21 C. AUD D. National currency Answer: B. USD 81. Up to the end of 2014, how many members did the International Monetary have? A. 180 B. 184 C. 188 D. 202 Answer: C. 188 82. When was Microsoft officially established? A. 1975 B. 1976 C. 1977 D. 1978 Answer: A. 1975 83. Acer is a computer brand coming from: A. Korea B. Hongkong C. Taiwan D. Japan Answer: C. Taiwan 84. The headquarters of United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP or ESCAP) is located in: A. Vietnam 22 B. Thailand C. Indonesia D. Malaysia Answer: B. Thailand 85. He was the person leading Vietnam Delegation to attend the recent 2015 World Economic Forum Annual Meeting (WEF) in Davos, Switzerland. Who is he? A. Nguyen Phu Trong, President of the Socialist Republic of Vietnam B. Nguyen Tan Dung, Prime Minister of the Socialist Republic of Vietnam C. Nguyen Thien Nhan, Deputy Prime Minister D. Pham Binh Minh, Vietnamese Deputy Prime Minister and Foreign Minister Answer: D. Pham Binh Minh, Vietnamese Deputy Prime Minister and Foreign Minister 86. This is the logo of: A. Toyota B. Yamaha C. Mitsubishi D. Honda Answer: C. Mitsubishi 87. Who is the Minister of Finance of Vietnam at present? A. Vuong Dinh Hue 23 B. Vu Van Ninh C. Hoang Quy D. Dinh Tien Dung Answer: D. Dinh Tien Dung 88. Which of the following is the slogan of SONY? A. So good B. Bring on the day C. Life’s Good D. Make. Believe Answer: D. Make. Believe 89. Which of the following is NOT a car brand coming from Japan? A. Honda B. Nissan C. Toyota D. Kia Answer: D. Kia 90. Which of the following was the largest beer consumer market in Southest Asia in 2014? A. Thailand B. Vietnam C. Laos D. Cambodia Answer: B. Vietnam 91. In 2014, Vietnam’s total value of export and import turnover reached: 24 A. $298 billion B. $250 billion C. $215 billion D. $232 billion Answer: A. $298 billion 92. Which of the following is NOT a Coca-Cola product? A. Fanta B. Nutriboost C. Aquarius D. Sting Answer: D. Sting 93. The official drink of World Cup 2014 was: A. 7up Revive B. Aquarius C. Sting D. Pepsi Answer: B. Aquarius 94. The acronym of the Vietnam Software and IT Services Association is: A. VINASA B. VNSIA C. VNSA D. VNSIA Answer: A. VINASA 96. The slogan of VNG Group is: 25 Make the Vietnam change B. Change the Internet of Vietnam C. Change the Internet, change your life D. Make the Internet change Vietnam lives Answer: D A. 97. At the World Economic Forum in Manila Philippines, which of the following has been honored as one of 20 of the region’s fastest-growing companies? A. Viettel B. Vietnam Airline C. Hoa Sen Group D. VNG Corporation Answer: D 98. According to the result of Anphabe and Nielsen survey on March 5th, 2015, which of the following was NOT in “Vietnam 100 Best Places To Work”? A. Viettel B. VNG Corporation C. Vinamilk Vietnam D. Lotte Answer: D 99. TOTAL is a multinational integrated oil and gas company from: A. USA B. Germany C. France D. Russia Answer: C 100. HTC is a technical brand coming from: A. Korea B. Japan C. Taiwan D. China Answer: C 101. This is logo of: 26 A. Honda B. Yamaha C. Toyota D. Suzuki Answer: C “The Power of Dreams” is the slogan of: A. Yamaha B. Mazda C. Honda D. Suzuki Answer: C 102. 103. In the long term,…….is due to increase in the price of raw materials. This is the situation when prices rise to keep up with increased production cost. A. Devaluation B. Inflation C. Recession D. Crisis Answer: B 104. Which of the following is correct about logistics operation in a country’s economy? A. Support the rotation of economic transactions B. Logistics impacts on the integration capability of the economy C. Effective logistics operation increases competitiveness D. All are correct Answer: D 27 Which country was the Vietnam’s biggest coffee importer in 2014? A. Germany B. China C. Singapore D. Brazil Answer: A 105. 106. In 2014, the largest import market of Vietnam is: A. USA B. EU C. China D. Laos Answer: C 107. Asian Free Trade Area (AFTA) was officially established at the …… ASEAN Summit. A. 4th B. 5th C. 6th D. All are incorrect Answer: A 108. From 2007 to the present, which country has been the biggest consumer market of Vietnam? A. China B. EU C. America D. Laos Answer: C 109. In the first five months of 2015, Vietnam imported petrol mostly from: A. Sinpore B. China C. USA D. South Africa Answer: A 110. A. Where was the AFTA’s agreement signed? Singapore 28 B. Laos C. Thailand D. Vietnam Answer: A 111. Canton Fair 2015 (The 117th China Import and Export Fair), which is one of the World's most qualitative and large – scale Fair (Multi Product Trade Fairs), was held in: A. Guangzhou B. Shanghai C. Beijing D. Sichuan Answer: A When the first AFTA’s agreement was signed, how many members were there? A. 6 B. 7 C. 8 D. 9 Answer: A 112. 113. In 2014, the second most popular search engine and browser after Google in Vietnam was: A. Coc Coc B. Firefox C. Internet Explore D. Yahoo Answer: A 114. All WTO’s members are required to give the others certain privileges in trade. True or false? A. True B. False Answer: A 115. A. B. C. D. A/an … is the money that has already been spent and cannot be recovered. fixed cost marginal cost opportunity cost sunk cost 29 Answer: D 116. The first 4 members of Pacific Three Closer Economic Partnership (TPP) included: A. Chile, Cambodia, Japan, Korea B. China, Vietnam, Laos, Cambodia C. Brunei, Chile, New Zealand, Singapore D. All are incorrect Answer: C 117. Which of the following international border gates does NOT connect Vietnam with China? A. Huu Nghi B. Lao Bao C. Mong Cai D. Lao Cai Answer: B 118. Which of the following border gates is NOT the international one? A. Moc Bai B. Mong Cai C. Cau Treo D. Ngoc Khe Answer: D 119. Which of the following border gates connects Vietnam with Cambodia? A. Moc Bai B. Lao Bao C. Mong Cai D. Huu Nghi Answer: C 120. When was the Economic Partnership Agreement Trans-Pacific strategy signed? A. June 3rd , 2005 B. September 2nd, 2006 C. May 28th, 2007 D. July 21st, 2008 Answer: A 30 121. According to the Vietnam National Administration of Tourism, in the first three months of 2015, the number of international visitors to Vietnam …. A. Tumbled B. Jumped C. increased by 2% D. unchanged Answer: A 122. Which place in Vietnam is listed on Top 10 destinations in the world in 2015 announced in Trip Advisor's Travellers' Choice awards? A. Ha Long Bay B. Hoi An Ancient Town C. Nha Trang Beach D. Hanoi City Answer: D 123. Vietnam organized successfully the 5th ASEM Summit on……. A. October, 2004 B. August, 2005 C. December, 2006 D. September, 2007 Answer: A 124. On March 26th, 2015, the first international conference on the application of 4G (fourth generation) long-term evolution (LTE) in the greater Mekong subregion took place in: A. Thailand B. Laos C. Cambodia D. Vietnam Answer: D 125. That Vietnam joins ASEM means: A. Giving Vietnam chances to broaden relations B. Enlisting commercial collaboration capabilities C. Developing human resources D. All are correct Answer: D 31 126. In the first quarter of 2015, GDP growth rate in Vietnam was: A. 6,03 % B. 5,94 % C. 6,02 % D. 6,13 % Answer: A 127. Which agency is responsible for exporting labor abroad? A. The Department of Labor Management B. The Department of Natural Resources and Environment C. Financial Bureau D. All are incorrect Answer: A 128. Up to the end of 2014, the world's largest exporter of rice was: A. Vietnam B. Thailand C. China D. India Answer: B 129. The largest rice consumer market of Vietnam in the last three years was: A. USA B. Africa C. China D. EU Answer: C 130. In 2014, which country received the highest amount of Vietnamese laborers? A. Laos B. Korea C. Taiwan D. Canada Answer: C 131. In 2014, which country led ASEAN in export volume to the U.S market? A. Thailand B. Malaysia 32 C. Singapore D. Vietnam Answer: D 132. The advantage of exporting labor is: A. Improving the people’s lives B. Strengthening the foreign currency C. Addressing employment D. All are correct Answer: D 133. According to the latest research from global real estate advisory company Cushman & Wakefield (C&W), which country tops global outsourcing market? A. USA B. China C. India D. Vietnam Answer: D 134. In 2014, which country had the highest amount of visitors to Vietnam? A. China B. Korea C. Russia D. Japan Answer: A 135. In 2014, Vietnam was the second largest country to export coffee in the world only after: 33 A. South Africa B. Brazil C. China D. Cuba Answer: B 136. Till 2014, how many foreign visitors did Vietnam’s tourism attract? A. 8 millions B. 18 millions C. 28 millions D. 30 millions Answer: A 137. In the nine consecutive years from 2006 to 2014, Vietnam led the world in export quantity of … A. Coffee B. Rice C. Pepper D. Cashew nuts Answer: D 138. The purpose of AEC (ASEAN Economic Community) is to: A. Create the market and unified production base B. Promote equitable economic development C. Develop a fully integrated regional D. All are correct Answer: D 34 139. According to the forecast of International Monetary Fund (IMF), which country will be Southeast Asia’s growth leader in 2015? A. Indonesia B. Philippines C. Singapore D. Thailand Answer: B 140. The main export items of Vietnam to ASEAN during the period 2013 to 2014 were: A. Agricultural, energy, medical devices B. Agricultural, seafood, raw minerals C. Seafood, electronic products, medical devices D. Electronic goods, raw minerals, energy Answer: B 141. In 2014, which country led the world in export of both apparel and textiles? A. China B. India C. USA D. Vietnam Answer: A 142. The item which had the largest export volume of Vietnam in 2014 was: A. Crude oil B. Coffee C. Telephone and of components D. Shoes Answer: C 35 143. A ... is a transfer of money by a foreign worker to an individual in his or her home country. A. foreign Currency B. remittance C. monetary base D. All are incorrect Answer: B 144. The theme of the 25th International Trade Fair – VIETNAM EXPO 2015 is: A. Cooperation towards ASEAN economy community B. Vietnam - Cooperation and development C. Cooperation towards TPP D. All are incorrect Answer: A 145. Vietnam ranked in the top 5 producers of natural rubber in the world, from 2013 to 2014. True or false? A. True B. False Answer: A 146. In recent years, which country/ organization has been Vietnam's largest ODA provider? A. USA B. EU C. WB D. Japan Answer: D 36 147. Up to early 2015, which country/organization was the largest non-refundable aid suppliers of Vietnam? A. USA B. EU C. WB D. Japan Answer: B 148. Where is the largest rubber consumer market of Vietnam in 2014? A. Japan B. South Africa C. China D. Singapore Answer: C 149. Where is the biggest pangasius import market of Vietnam in early 2014? A. USA B. Canada C. EU D. South Africa Answer: A 150. When did Vietnam officially resume relations with the International Monetary Fund (IMF) after authorities suspended loans? A. 1963 B. 1989 C. 1990 D. 1993 37 Answer: D 151. In April 2015, Royal Dutch Shell announced the acquisition of …, which was the largest M&A deal in the last ten years ever made in the oil and gas sector. A. BG Group B. Halliburton C. Repsol D. All are incorrect Answer: A 152. The initiative of establishing Economic Cooperation Forum Asia - Pacific (APEC) was of: A. Australia B. Vietnam C. Thailand D. Singapore Answer: A 153. Which bank was the first to open a representative office in China after having the approval of The governor of the State Bank? A. Agribank B. BIDV C. Sacombank D. VP Bank Answer: C 154. Up to the end of 2014, how many factories did Unilever have in Vietnam? A. 3 B. 4 38 C. 5 D. 6 Answer: C 155. Which is the stock code of Vingroup? A. VIC B. SDI C. VIG D. VIN Answer: A 156. In 2014, where did VNPT make strategic investments overseas by International Telecom Company (VNPT-I)? A. Cambodia, Laos, Myanmar B. Cambodia, Laos, Singapore C. Laos, Thailand, Malaysia D. Laos, Singapore, Myanmar Answer: A 157. Who is the only Vietnamese winner honored by 20th Nikkei Asia Prizes (2015)? A. Pham Nhat Vuong B. Mai Kieu Lien C. Doan Nguyen Duc D. All are incorrect Answer: B 158. In the first six months of 2014, the region having the largest share in foreign trade of Vietnam was: 39 A. Europe B. Americas C. Asia – Pacific D. Australia Answer: C 159. What is the stock code of Vietnam Airlines? A. VNA B. VIA C. VNAL D. Vietnam Airlines has not launched IPO (Initial public offering) yet Answer: A 160. In 2014, the group of goods which had the highest proportion in the total export turnover of Vietnam was: A. Agriculture, forestry and fisheries B. Fuels and mineral C. Processing industry D. All are incorrect Answer: C 161. In 2014, 1/3 of import turnover of Vietnam came from: A. Laos B. India C. Thailand D. China Answer: D 40 162. The Vietnam National Textile and Garment Group (Vinatex) launched initial public offering (IPO) in 2014. Correct or incorrect? A. Correct B. Incorrect Answer: A 163. Which country did Vietnam buy electricity from in order to meet the demand for electricity in the period from 2013 to 2014? A. Cambodia B. Malaysia C. China D. Phillipines Answer: C 164. Which province ranked the first in attracting FDI in Vietnam in 2014? A. Ho Chi Minh City B. Thai Nguyen C. Dong Nai D. Tien Giang Answer: B 165. The largest importer of leather shoes of Vietnam in 2014 was: A. France B. Japan C. Korea D. China Answer: B 41 165. The largest importer of leather shoes of Vietnam in 2014 was: A. France B. Japan C. Korea D. China Answer: B 166. Three major export items of Vietnam in 2014 were: A. Textiles; Crude oil; Means of transport and spare parts B. Textiles and garments; Crude oil; Rice C. Textiles and Clothing; Crude oil; Café D. Fisheries; Cafe; Rice Answer: A 167. The New York Stock Exchange is located in: A. Wall Street B. Walk Street C. Adam Street D. Bryant Street Answer: A 168. The Apple’s stock code is: A. AAPL B. APP C. APL D. AP Answer: A 42 169. How many official members does Trans-Pacific Partnership (TPP) have at present? A. 4 B. 5 C. 12 D. 20 Answer: A 170. Which industry group is the main one in exporting turn-over of over 35 billion dollars? A. Computers, Electronic products, Components B. Wood C. Crude oil D. Cashew nuts Answer: A 171. In 2014, the largest green coffee importer of Vietnamese was: A. Germany B. Netherlands C. France D. China Answer: A 172. In 2014, the largest import market for garment of Vietnam was: A. Laos B. Poland C. Ukraine D. America 43 Answer: D 173. Forms of Big Union in International Economic Union in simple to complex order are: A. Free Trade Area, Customs Union, Common Market, Currency Union, Economic Union B. Free Trade Area, Common Market, Customs Union, Currency Union, Economic Union C. Free Trade Area, Customs Union, Common Market, Economic Union, Currency Union D. Free Trade Area, Currency Union, Economic Union, Common Market, Customs Union Answer: B 174. In 2014, the most important trading parter of America in the world and among TPP countries was: A. Poland B. Cambodia C. Canada D. Thailand Answer: C 175. When did Vietnam join Asia-Pacific Economic Cooporation (APEC)? A. 1992 B. 1994 C. 1996 D. 1998 Answer: D 176. VIETNAM EXPO 2015 is the … International Trade Fair, which was held in April 2015 in Ha Noi. A. 15th B. 20th 44 C. 25th D. 30th Answer: C 177. How many countries joined in Vietnam International Trade Fair (Vietnam Expo 2015)? A. 26 B. 28 C. 30 D. 32 Answer: B 178. When did Vietnam join ASEAN Free Trade Area (AFTA)? A. 1995 B. 2001 C. 1996 D. 2006 Answer: C 179. The largest leather shoes market imported into Vietnam in the first two months of 2015 was: A. China B. Korea C. Japan D. Thailand Answer: A 180. Until the first quarter of 2015, the province (city) in Vietnam that took the leading position in attracting investment from Taiwan was: 45 A. Ho Chi Minh City B. Ha Tinh C. Binh Duong D. Dong Nai Answer: B 181. According to the Business Law that numbered 60/2005/QH11, the necessary time to establish a company with foreign capital is: A. A week B. 10 – 20 days C. 30 – 45 days D. 50 – 60 days Answer: C 182. According to the Business Law that numbered 60/2005/QH11, the cost of establishing company with foreign capital in Services is: A. $1500 USD B. $1700 USD C. $2000 USD D. $3000 USD Answer: A 183. The deliverers with foreign capital are allowed to deliver: A. Baccy B. Medicine C. Precious metals and stone D. A, B, C are incorrect Answer: D 46 184. According to Investment Law in 2005, company with foreign capital was: A. The company that was established by foreign investors and operate in Vietnam B. The Vietnam company that was bought stock and merged by foreign investors C. Include of A and B D. A, B, C are incorrect Answer: C 185. On March, 19th 2015, which forum was organized in Hanoi by Department of Resources and Environment, the Australian embassy in Vietnam and Association of Mine Technology Equipment Services Businesses? A. Sustainable Mineral Vietnam – Australia 2015 Cooperation B. Exploit Petrolium Vietnam – Australia 2015 Cooperation C. Protect Resources and Environment Vietnam – Australia 2015 Cooperation D. Protect Ocean Resources Vietnam – Australia 2015 Cooperation Answer: A 186. Which country that Vietnam cooperated with in these projects? - Oil filter Nghi Son limited liability company, that was invested in economy zone Nghi Son, Thanh Hoa province; - Producting tire Bridgestone Vietnam limited liability company, that was invested in industrial zone Hai Phong. A. Japan B. Korea C. China D. America Answer: A 187. Tanzania is an economy association that is considered as the gate for Vietnamese business to approach the market in: A. Africa B. South Asia 47 C. East Europe D. South America Answer: A 188. In 2014, the total of Gross Domestic Product calculating by USD according to foreign exchange rate of Vietnam reached 187 billions USD, that ranked …… in ASEAN: A. 5th B. 6th C. 7th D. 8th Answer: B 189. Goods and Services export/GDP of Vietnam ratio in 2014 was 86.2 percent, ranked ….. in ASEAN: A. 3rd B. 4th C. 5th D. 6th Answer: B 190. Keangnam corporation, which built Keangnam Hanoi Landmark Tower building, has headquarters in: A. Korea B. Japan C. Singapore D. Hongkong Answer: A 48 191. The first time when Vietnam has succeeded in an international investigation into the evasion of anti-dumping tariffs on its exports was of: A. Ba sa fish B. Shoes C. Coffee D. Agricultural product Answer: B 192. In which country do employees not have to pay income taxes? A. Brunei B. East Timo C. Vatican D. America Answer: C 193. Which of the following were main export goods of Vietnam in 2014? A. Textile goods, Crude oil, Transport medium and accessories B. Rice, Textile goods, Leather shoes C. Transport medium and accessories, Rice, Leather shoes D. Textile goods, Leather shoes, Crude oil Answer: A 194. Which 3 cities in Italia are called “Industrial Triangle”? A. Milan, Turin, Roma B. Milan, Geona, Roma C. Milan, Turin, Geona D. Turin, Geona, Roma Answer: C 49 195. Who is called “Vinamilk woman General” in Vietnam? A. Thai Huong B. Mai Kieu Lien C. Giang Thi Hang D. Ho Thi Hoa Answer: B 196. According to the Law in Vietnam now, business having FDI is allowed to calculate capital assets depreciation by: A. Even depreciation B. Accelerated depreciation C. Basing on business’ demand that is not against with the accounting law D. Not method Answer: B 197. Which province (city) that industrial zone Vietnam-Singapore Industrial Park (VSIP) has not extended project into yet? A. Binh Duong B. Hai Phong C. Bac Ninh D. Binh Dinh Answer: D 198. Which corporation of Thailand is buying the chain of supermarket in Vietnam Metro Cash & Carry (Germany)? A. Berli Jucker (BJC) B. Fraser & Neave (F&N) C. Central Group 50 D. ThaiBev Answer: A 199. Which city is the largest financial center of Germany now? A. Frankfurt B. Hamburg C. Munich D. Bremen Answer: A 200. In the first two months of 2015, which country was the largest Vietnamese garment and textile importer? A. China B. Japan C. America D. Korea Answer: C 201. How many percent of stock are foreign investments allowed to hold maximum compared with total of stock of the masses joint-stock company? A. 48% B. 49% C. 50% D. 51% Answer: B 202. Which is the largest foreign shareholder of Vinamilk company? A. Berli Jucker (BJC) 51 B. Fraser & Neave (F&N) C. Central Group D. Thai Bev Answer: B 203. In March, 2014, Samsung opened the largest producting mobile phone factory in the world in Vietnam. Where is that factory? A. Thai Nguyen B. Hai Phong C. Bac Ninh D. Thai Binh Answer: A 204. Which is the form of foreign indirect investment? A. Business cooperation basing on contract of business cooperation B. Joint-venture business C. Buying depenture bond, stock D. All are incorrect Answer: C 205. According to figures announced on January 29th, 2015 of United Nations Conference on Trade and Development, which country took the lead in attracting Foreign Direct Investment in 2014? A. Russia B. China C. Japan D. America Answer: B 52 206. Which country is the largest tea exporter market of Vietnam in the first quarter of 2015? A. Pakistan B. Russia C. Taiwan D. Korea Answer: A 207. In the first quarter of 2015, Vietnam mainly exported jasmine tea into Taiwan market through: A. Cat Lai port B. Hai Phong Newport C. Dinh Vu port D. Da Nang port Answer: C 208. The items with the largest export turnover of Vietnam to Africa in the first quarter of 2015 were: A. The group of computers and accessories B. The group of telephones and accessories C. The group of wood and products from wood D. The group of textiles Answer: B 209. The main reason that the total import turnover from Africa into Vietnam sharply decreased in the first quarter of 2015 was: A. The decline in the total value of vegetables B. The decline in the total value of chemical products C. The decline in the total value of iron and steel products 53 D. The decline in the total value of iron and steel scrap items Answer: D 210. Which country suddenly became the second largest investor in Vietnam in the first 4 months of 2015? A. Korea B. Japan C. Turkey D. China Answer: C 211. According to the Vietnam National Textile and Garment Group (Vinatex), Vietnam is the ... largest textile exporter in the world currently. A. 8th B. 4th C. 2th D. 6th Answer: B 212. Vietnam is the ... largest importer of cotton in India. A. 1st B. 2nd C. 3rd D. 4th Answer: C 213. Which of the following items does NOT belong to the main commodities exported from Vietnam into Serbia? A. Textiles 54 B. Food additives C. Rubbers and products from rubber D. Agricultural products Answer: D 214. The commodity whose import turnover increased the most in the first 5 months of 2015 was: A. Telephone B. Car C. Fruit D. Seafood Answer: B 215. The biggest trade partner of Vietnam in EU is: A. Denmark B. Germany C. Italia D. Netherlands Answer: D 216. According to statistics of the Ministry of Industry and Trade, at the end of the first four months of 2015, the US was the number one export market of Vietnam, correct or incorrect? A. Correct B. Incorrect Answer: A 217. Which of the following product groups was not in 10 categories with the largest value of imports in the first quarter of 2015? 55 A. Clothes B. Irons C. Products from plastic D. Products from wood Answer: D 218. Up to 2015, The Russian Federation was the largest fertilizer supplier for Vietnam, correct or incorrect? A. Correct B. Incorrect Answer: B 219. In the first months of 2015, which country was the leader market in export turnover of wires and electric cables of Vietnam? A. China B. Korea C. Japan D. Russia Answer: C 220. Which of the following goods was NOT imported from Kazakhstan into Vietnam in 2014? A. Metals B. Ores C. Minerals D. Agriculture products Answer: D 56 221. When was the trade agreement between the government of the Socialist Republic of Vietnam and the Government of the Kingdom of Morocco signed? A. 2001 B. 2002 C. 2005 D. 2010 Answer: A 222. On March 3rd, 2015, in Budapest, Hungary, there was a workshop: "Opportunities and Challenges in Southeast Asia: Vietnam and Indonesia", the aim of this workshop was to introduce the process of formation the ASEAN Economic Community, analyze the opportunities and challenges of Vietnam and Indonesia market for Hungary business. Correct or incorrect? A. Correct B. Incorrect Answer: A 223. The main reason causing the difficulty in expanding production of the tea industry in Vietnam is: A. Lack of workers B. The low technique C. Lack of resources D. Lack of production costs Answer: C 224.The Economic Forum Summer Davos 2014 was opened in Tianjin port city, China with the theme: A. Be dynamic to adapt B. Focus attention and quality of growth, grasp and control the economic structure C. Create value through innovation 57 D. Enhance the leading role of Asia Answer: C 225. On August 25th, 2014 where was the 46th ASEAN Economic Ministers Meeting (AEM-46) held? A. Vietnam B. Laos C. Cambodia D. Myanmar Answer: D 226. Vietnam is the largest cashew export partner in 2015 of: A. Taiwan B. Italia C. Brazil D. France Answer: A 227. On the morning of September 23rd, 2014, which forum was held with the participation of over 30 enterprises in Vietnam and about 100 French companies? A. Forum “Promote with Vietnam” B. Forum “Cooperate with Vietnam” C. Forum “Meet Vietnam” D. Forum “Develop Vietnam” Answer: C 228. When did Vietnam host the meeting of the World Economic Forum on East Asia? A. 2007 58 B. 2008 C. 2009 D. 2010 Answer: D 229. Where was the agreement as to cooperation in trade, economic and technical between the government of the Socialist Republic of Vietnam and the Kingdom of Thailand government signed? A. Hanoi, Vietnam B. Bangkok, Thailand C. Ho Chi Minh, Vietnam D. Nonthaburi, Thailand Answer: B 230. The Eurasian Economic Union-Vietnam Free Trade Agreement (EEUV FTA) includes 5 countries. They are: A. Russia, Belarus, Kazakhstan, Armenia and Kyrgyzstan B. Russia, Belarus, Kazakhstan, Armenia and Malaysia C. Russia, Belarus, Kazakhstan, Armenia and Philipines D. Russia, Belarus, Kazakhstan, Armenia and Brazil Answer: A 231. Germany was the largest market importing Tra and Basa fish of Vietnam in 2014, correct or incorrect? A. Correct B. Incorrect Answer: B 232. In 2014, Korea ranked first in exporting coffee in the world, correct or incorrect? 59 A. Correct B. Incorrect Answer: B 233. Vietnam ranked second in exporting coffee in the world in 2014, correct or incorrect? A. Correct B. Incorrect Answer: A 233. In 2014, Korea ranked first in exporting coffee in the world, correct or incorrect? A. B. Correct Incorrect Answer: B. Incorrect 234. Vietnam ranked second in exporting coffee in the world in 2014, correct or incorrect? A. B. Correct Incorrect Answer: A. Correct 235. The 25th International Trade Fair Vietnam was held on April 15th, 2015 with theme: A. B. C. D. Cooperation towards ASEAN economic community Development towards ASEAN economic community Integration towards ASEAN economic community Promotion towards ASEAN economic community Answer: A. Cooperation towards ASEAN economic community 236. In 2014, China was the largest rubber consumer market of Vietnam, correct or incorrect? A. B. Incorrect Correct 60 Answer: B. Correct 237. Who is the author of Comparative Advantage Theory? A. B. C. D. David Ricardo Adam Smith Paul Samuelson William Petty Answer: A. David Ricardo 238. In 2014, Which country did Vietnam export the most rice to? A. B. C. D. China Thailand Belgium Myanmar Answer: A. China 239. Which of following companies is a multinational one in Vietnam? A. B. C. D. Pepsico DHG Pharmaceutical Joint – Stock Company Danang Rubber Joint Stock Company Thac Mo Hydropower Joint Stock Company Answer: A. Pepsico 240. At present, how many members does Asia-Pacific Economic Cooperation (APEC) have? A. B. C. D. 20 21 22 23 Answer: B. 21 241. Which countries belong to the Group of Seven (G7)? 61 A. B. C. D. America, Singapore, Korea, France, England, Spanish, Netherlands America, England, France, Germany, Japan, Canada, Italy England, France, Portuguese, Italy, Mexico, America Korea, Belgium, Russia, Poland, Italy, Mexico, America Answer: B. America, England, France, Germany, Japan, Canada, Italy 242. Which of following contents is NOT the multipartite integration results of Vietnam? A. Being member of IMF, WB, ADB B. Being observer of GATT C. Being member of ASEM, APEC D. Being member of ASEAN and join other cooperation programs such as: ASEAN – China Free Trade Area (AFTA), Cooperation +3 Answer: B. Being observer of GATT 243. The headquarters of Apple Inc, a multinational technology cooperation, is located in: A. B. C. D. California, USA New York, USA Michigan, USA Washington DC, USA Answer: A. California, USA 244. When was the Federation of International Trade Associations (FITA) established? A. B. C. D. 1982 1976 1984 1990 Answer: C. 1984 245. In 1944, which monetary system did the two institutions World Bank (WB) and International Monetary Fund (IMF) belong to? A. B. C. Bretton Woods Jamaica EMS 62 D. All are incorrect Answer: A. Bretton Woods 246. The element(s) affecting Exchange Rate is (are): A. B. C. D. Inflation differentials among countries International balance of payments Interest rate differentials and psychological factors All are correct Answer: D. All are correct 247. The basic characteristic for a main commodity’s existence is (that): A. B. C. D. Having relatively stable and powerful consumer markets for a long time It can be produced in large quantities with higher productivity than the others Making up the large turn-over in total export turn-over of that country All are correct Answer: D. All are correct 248. The founder of Walmart who is considered “The King of the Discounters” is: A. B. C. D. Target Corp Jeff Bezos Sam Walton Micheal Bloomberg Answer: C. Sam Walton 249. The Three Pillars of APEC's agenda focus on: A. B. C. D. Trade and Investment Liberalization Business Facilitation Economic and Technical Cooperation (ECOTECH) All are correct Answer: D. All are correct 63 250. When was the EU-Vietnam Partnership and Cooperation Agreement (PCA) officially signed? A. B. C. D. 2009 2010 2011 2012 Answer: D. 2012 251. Which country was the biggest exporting market of Brazil in 2014? A. B. C. D. Germany Canada England China Answer: D. China 252. The framework of World Trade Organization in descending order is: A. Trade Negotiations Committee, Grand Council, Ministerial Conference, Secretariat B. Ministerial Conference, Trade Negotiations Committee, General Council, Secretariat C. General Council, Ministerial Conference, Trading Council, Secretariat D. M inisterial Conference, General Council, Trade Negotiations Committee, Secretariat Answer: D. Ministerial Conference, General Council, Trade Negotiations Committee, Secretariat 253. According to the General Department of Vietnam Customs, Which of the following industry groups was the largest import turnover of Vietnam in 2014? A. B. C. D. Machine, equipment, tools Aquatic products Agricuture products Textiles and Clothing Answer: A. Machine, equipment, tools 64 254. At the beginning of 2015, Vietnam imported textile and leather shoes raw material group mostly from: A. B. C. D. Japan Korea America China Answer: C. America 255. What kinds of barrier are there in foreign trade operation? A. B. C. D. Customs barrier and economic barrier Politic barrier and non-tariff barrier Politic barrier and economic barrier Non-tariff barrier and customs barrier Answer: D. Non-tariff barrier and customs barrier 256. Which country produces the most oil in the world at present? A. B. C. D. America Saudi Arabia Russia China Answer: A. America 257. The ASEAN Trade in Goods Agreement (ATIGA) became effective officially in: A. B. C. D. 2010 2011 2012 2013 Answer: A. 2010 258. The members of Asia-Pacific Economic Cooperation (APEC) are: A. B. C. All of countries having absolute sovereignty Southeast Asia countries The economics on Asia – Pacific region 65 D. East Europe Economics Answer: C. The economics on Asia – Pacific region 259. The reason causing an increase in the number of Vietnam's shrimp exports to the US, Japan and EU rejected is (that): A. B. C. D. The number of shrimps is not enough These countries target to cut shrimp imports Hormone residues in shrimp exceed level prescribed Antibiotic residues in shrimp exceed level permitted Answer: D. Antibiotic residues in shrimp exceed level permitted