Indian media have spotlighted the significance and Vietnam’s preparations for the upcoming elections of deputies to the 15th National Assembly (NA) and People's Councils at all levels for the 2021-2026 tenure on May 23.
Vietnam posted solid export performance in the first quarter of 2021, and at such a growth speed, its export turnover is likely to hit US$600 billion for the whole year, experts have said.
VOV.VN - Amid increasingly complicated developments relating to the COVID-19 pandemic, Vietnam's import and export activities during the past four months of the year maintained their growth momentum and recorded the highest growth rate seen over the past decade, according to insiders.
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.