VOV.VN - The array of new-generation trade agreements (FTAs) signed in recent times shows the country’s strong economic and international trade potential, whilst providing plenty of opportunities for Vietnam to boost development in a new context.

To achieve important targets in 2021-2025, Vietnam should consider economic digitalisation key to shifting its growth model and shortly carry out a “post-COVID-19” mid-term programme in association with economic restructuring on the basis of taking advantage of opportunities brought about by free trade agreements (FTAs).

VOV.VN - Local businesses have been advised to diversify their markets to intensify import and export activities this year, alongside maximising the benefits of free trade agreements (FTAs), restructuring export products, developing stronger brands, whilst grasping market information and changes in the policies of importers, according to insiders.

VOV.VN - Many forecasts have outlined the nation’s economic growth in the year ahead, with a reputable UK bank forecasting that the Vietnamese economy is likely to reach a growth rate of 7.8%, while the Asian Development Bank (ADB) has predicted it will reach a figure of 6.3%.

VOV.VN - Despite the global fashion industry suffering from a range of challenges caused by the novel coronavirus (COVID-19) pandemic, the Vietnamese garment and textile industry has recorded positive growth in market shares to major locations such as the United States and Europe.

Apart from challenges, many opportunities will be offered to the Vietnamese economy in 2021, experts have said.

The Ministry of Industry and Trade (MoIT) is set to bolster action while Vietnamese enterprises have been recommended to gear up preparations as more trade remedy investigations are expected in 2021.

VOV.VN - As the fastest-growing national brand last year, Vietnam has successfully affirmed its elevated status in terms of the global and regional playground, going from adapting to regulations to designing new rules.

Dr Tran Thi Hong Minh, Director of the Central Institute for Economic Management (CIEM), talks to the Vietnam News Agency about Vietnam’s potential for economic development in 2021.

VOV.VN - With the COVID-19 pandemic causing plenty of difficulties for production and business activities and the added value of the industrial sector in Q1 set to endure a slight fall, the Ministry of Industry and Trade (MoIT) is striving to help the sector achieve a growth rate of 9.45% and export growth of up to 5%.