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US-China trade deal forces firms to grow

US-China trade deal forces firms to grow

The recently signed US-China trade deal, an effort to calm trade tensions between the world’s two largest economies, will force Vietnamese businesses to grow in order to meet the challenges as well as the opportunities it brings, said economic experts.

Vietnam increases coal, ore and mineral imports

Vietnam increases coal, ore and mineral imports

Vietnam had a trade deficit of more than 1 billion USD with Australia last year, one year after the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) came into effect.

Textile and apparel sector urged to get deeply involved in global supply chain

Textile and apparel sector urged to get deeply involved in global supply chain

VOV.VN - Despite recording impressive growth figures in recent years, Vietnam’s textile and apparel sector has failed to become deeply involved in the global supply chain as the local supporting industry has not developed with heavy dependence on imported raw materials, according to industry insiders.

Thai enterprises making their mark across swathe of sectors

Thai enterprises making their mark across swathe of sectors

As the ninth-biggest investing partner of this country, Thai enterprises are wishing to expand operations further in the Vietnamese market. Sanan Angubolkul, chairman of the Thailand-Vietnam Business Council, sat with VIR’s Phuong Hao to share his assessments, and discuss possible plans of Thai investors in Vietnam.

Japan supports Vietnam’s food value chain development

Japan supports Vietnam’s food value chain development

Vietnam holds great potential in food value chain development with a large consumption market and high export values, especially as the country is a member of various free trade agreements (FTAs), heard a seminar held in Hanoi on January 14.

PM Phuc: Japan- strategic partner of top importance to Vietnam

PM Phuc: Japan- strategic partner of top importance to Vietnam

VOV.VN - Japan is always a strategic partner of paramount importance to Vietnam, especially in economics, trade and investment, said Prime Minister Nguyen Xuan Phuc during a reception in Hanoi on January 6 for visiting Japanese Minister for Foreign Affairs Motegi Toshimitsu.

Origin fraud hurt Vietnamese steel in the long run

Origin fraud hurt Vietnamese steel in the long run

International free trade agreements such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EU-Vietnam Free Trade Agreement (EVFTA) have opened up unprecedented opportunities for Vietnamese steelmakers with the industry forecast to see robust growth.

Customs contributes record to State budget

Customs contributes record to State budget

Vietnam's customs department contributed a record 348 trillion VND (15 billion USD) to the State budget from the collection of import and export taxes in 2019, according to the General Department of Customs.

Free trade signings stimulate success

Free trade signings stimulate success

Fuelled by its positive performance in 2019, Vietnam is expected to continue witnessing high growth in the year to come, Michael Mugliston and Milton Churche, visiting fellows from the Institute for International Trade at the University of Adelaide in South Australia, provide analysis on the outlook for the Vietnamese economy in 2020 amid the country’s growing international integration.

Exports come under spotlight in 2019

Exports come under spotlight in 2019

VOV.VN - Vietnamese exports were projected to obtain the growth rate of 8 percent during 2019 with the estimated total turnover of US$263 billion, enabling the country to enjoy its fourth consecutive year of trade surplus worth more than US$9 billion.

ADB affirms economic growth potential of Vietnam

ADB affirms economic growth potential of Vietnam

The Asian Development Bank has revised up its forecast of Vietnam’s GDP growth for 2019 and 20202 from 6.8 percent to 6.9 percent and 6.7 percent to 6.8 percent, respectively, in contrary with projections for Asia.

Pepper exports face hurdles in global market

Pepper exports face hurdles in global market

VOV.VN - Vietnam’s pepper exports are poised to continue to encounter a number of difficulties as a result of low prices due to high levels of supply and increasing competition within the global market, according to the Import-Export Department under the Ministry of Industry and Trade.

Free trade agreements increase tax collection

Free trade agreements increase tax collection

The signing and implementation of free trade agreements has increased Vietnam's tax collection this year, said Luu Manh Tuong, director of Import-Export Tax Department under Vietnam Customs.