VOV.VN - As many as 14 free trade agreements (FTAs) have come into force since the beginning of this year, a factor which has enabled the country to establish links with 52 partners, including leading trading partners.
VOV.VN - The nation’s economic growth is expected to rebound to 6.7% this year, despite being affected by the recent resurgence of novel coronavirus (COVID-19) cases in nearby countries, and will continue to surge to 7% in 2022, according to forecasts made by the Asian Development Bank (ADB).
In order to take advantage of FTAs and increase the Vietnamese rice export market share at more competitive prices, the Ministry of Industry and Trade will continue to coordinate with ministries, branches and the Vietnam Food Association to help businesses effectively implement the deals and make the most of markets such as the RoK and the EU.
Almost US$5 billion worth of Vietnamese goods exported to the EU has benefited from preferential tariffs under the EU-Vietnam Free Trade Agreement (EVFTA), according to the Ministry of Industry and Trade (MoIT).
Several of Vietnam’s key export sectors, such as textile-garment, leather-footwear, and electronics have become magnets for merger and acquisition (M&As) activities, posing a risk of leading enterprises in those sectors being purchased by foreign investors.
The target of Vietnam earning US$39 billion from garment and textile exports in 2021 is perfectly feasible, Vu Duc Giang, Chairman of the Vietnam Textile and Apparel Association (VITAS), has said.
VOV.VN - After gaining experience of working alongside leading companies and corporations from the United States, Europe, Japan, and the Republic of Korea, local firms are now fully capable of joining the supply chains of Turkish companies, heard an online trade exchange held on April 8.
VOV.VN - Two years after coming into force, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has had initial positive influence on Vietnamese exports at a time when most CPTPP partners have been reducing imports due to the impact of the COVID-19 pandemic, according to insiders.
VOV.VN - The shrimp exports of province in the Mekong Delta region have witnessed robust growth to the European market during the early months of the year, according to figures released by the Department of Industry and Trade of the Mekong Delta provinces.
The S. Rajaratnam School of International Studies (RSIS) has recently published an article delving into what freshly elected Vietnamese leaders are going to contribute to the nation’s future development.