VOV.VN - Despite the impact of the COVID-19 pandemic, the timber industry is likely to rake in US$15.6 billion from exports this year, enjoying an export surplus of US$12.6 billion, the Vietnam Administration of Forestry (VNFOREST) revealed at a review meeting on December 17.

A virtual workshop which revealed findings of a report on digital transformation in Vietnam’s trade sector for effective implementation of new generation free trade agreements (FTAs) was held on December 13.

Vietnam hopes to further increase trade and investment with Latin American countries, with a focus on energy, telecommunications, hi-tech agriculture, and industries with high added value, an official has said.

With a stable socio-political environment, improved infrastructure and a population of nearly 100 million, of which 70% are young and educated people, Vietnam will soon become a favourite destination for Australian investors, Deputy Minister of Foreign Affairs Nguyen Quoc Dung said on December 2.

VOV.VN - Canada represents a potential market for Vietnamese aquatic products, according to the Vietnam Trade Office in Canada.

The total import-export turnover between Vietnam and Australia reached a record of AUD14 billion (US$10 billion) in the first 10 months of this year, an increase of 50% over the same period last year.

VOV.VN - State President Nguyen Xuan Phuc received Chilean Minister of Health Oscar Enrique Paris in Geneva on November 29 who said Chile stays ready to share its COVID-19 vaccines with Vietnam.

Vietnam is assessed to have plenty of room to compete for foreign direct investment (FDI) against major competitors in the current global production shift, said Nguyen Bich Lam, former Director General of the General Statistics Office.

A Memorandum of Understanding (MoU) on strengthening cooperation in the field of trade and industry was signed on November 24 between the Vietnamese Ministry of Industry and Trade (MoIT) and the Japanese prefecture of Wakayama.

VOV.VN - Vietnam, especially the southern province of Ba Ria Vung Tau, represents a promising investment location for Australian investors, according to industry insiders.