Vietnam is an attractive destination for enterprises from Dubai, the UAE, who has demand for trade in goods and investment in multiple fields like logistics, finance, and technology, heard a forum held in Ho Chi Minh City on May 9.
Trade between Vietnam and Singapore topped SGD2.54 billion (US$1.87 billion) in March, rising 4.29% year on year, according to the Trade Office of Vietnam in the city state.
There remains ample room for Vietnam's exports to China and the growth will be directly proportional to the quality improvement of products by domestic enterprises, according to Dau tu (Investment) Newspaper.
Vietnam kept its export growth momentum in the Indian market in 2023 after two-way trade hit a record high of US$15 billion in 2022, Vietnamese trade counsellor in India Bui Trung Thuong told the Vietnam News Agency.
VOV.VN - China has long been Vietnam’s top trading partner, with bilateral trade soaring to approximately US$172 billion by 2023, while the Vietnamese side claims the title of being China's largest trading partner within ASEAN and fifth in the world overall.
Vietnam's GDP in the first quarter of 2024 will grow by around 5.5% as predicted, according to experts and thinktanks.
Vietnam's exports to the US have steadily rebounded since late last year, experiencing robust growth in export value during the first two months of 2024.
Vietnam’s exports have been on a path of recovery since the beginning of the year.
Minister of Industry and Trade Nguyen Hong Dien has proposed that Vietnam and Bulgaria enhance discussions to boost cooperation in agriculture, chemicals and pharmaceuticals while exploring joint development in foundational industries like materials, manufacturing and processing, and renewable energy.
Vietnam became the 10th largest trading partner of Singapore in January, with two-way trade turnover reaching over SGD2.9 billion (US$2.16 billion), up 18.08% over the same period last year, according to the Vietnam Trade Office in the island nation.