Increasing global demand, stable domestic production, and better rice quality count among the reasons Vietnam can be confident its rice exports will prosper again in 2021 and surpass the 3.1 billion USD in revenue posted in 2020, despite a significant decline in the first two months of this year.
The Index of Industrial Production (IIP) in Ho Chi Minh City climbed 6% year-on-year in the first two months of 2021 despite a fall of 24.6% in February, according to the municipal Statistics Office.
Vietnam and Slovenia boast high potential of cooperation in manufacturing agro-forestry-fisheries machineries and equipment – an area of Slovenia’s strength and Vietnam’s demand, said Vu Ba Phu, head of the Trade Promotion Agency under the Ministry of Industry and Trade, at a recent online Vietnam-Slovenia business exchange.
VOV.VN - The nation’s Free Trade Agreement (FTA) with the European Free Trade Association (EFTA) is likely to be completed later this year to coincide with the country celebrating the 50th anniversary of diplomatic relations with Switzerland.
VOV.VN - The EU-Vietnam Free Trade Agreement (EVFTA) has created a wealth of opportunities that the local plastics industry can make use of to expand export markets and attract additional foreign investment, according to insiders.
VOV.VN - The export prices of Vietnamese bananas to the EU market last year witnessed a sharp increase in comparison to those from other supply sources, according to data compiled by the European Statistical Office (Eurostat).
Vietnamese businesses are believed to possess opportunities, especially in niche markets, when exporting fruit and vegetables to Northern Europe, according to the Cong Thuong (Industry & Trade) newspaper.
VOV.VN - Amid complicated developments of the COVID-19 pandemic globally, the Ministry of Industry and Trade (MoIT) has set an export growth target of between 4% and 5% for this year, with a specific focus on taking full advantage of new-generation free trade agreements, said Tran Thanh Hai, deputy director of the Import and Export Department.
VOV.VN - Local aquatic product exports is expected to hit US$9.4 billion this year, a rise from US$8.5 billion last year, with this growth largely driven by a strong rebound in the demand of export markets, coupled with support from free trade agreements, according to the Vietnam Association of Seafood Producers and Exporters (VASEP).
VOV.VN -Credendo Insurance Group’s offices in Germany and Austria have published a study aimed at evaluating the level of risk in Vietnam, with the report stressing that the country is continuing to enjoy a successful economic story after its sustained efforts to containing the COVID-19 pandemic.