VOV.VN - Canada boasts great potential for becoming the gateway for Vietnamese businesses to expand their scale of operations as local firms seek to reach out to other markets around the world, according to insiders.

With a positive economic outlook, the Ministry of Industry and Trade aims to increase exports by 6% in 2024, running a trade surplus for nine years in a row, estimated at US$15 billion.

Minister of Industry and Trade Nguyen Hong Dien has affirmed the determination to strengthen trade promotion and export to major markets, optimising free trade agreements (FTA), making full use of opportunities, and actively responding to challenges in 2024.

VOV.VN - The benefits of free trade agreements (FTAs) have exerted a positive impact on the socio-economic development of localities across the country, especially in terms of accelerating trade growth and market expansion, according to insiders.

The diplomatic sector will continue to focus on strongly developing the identity of the Vietnamese bamboo diplomacy in 2024 by concentrating on a number of focal points, Foreign Minister Bui Thanh Son told the media on the occasion of the coming New Year.

Credit rating agency Fitch Ratings has forecast Vietnam’s growth in the medium term at around 7%, with many favourable signs.

The Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade (MoIT) and the Department of Commerce of China’s Yunnan province organised a conference on trade promotion and economic cooperation in Hanoi on December 20.

VOV.VN - The Free Trade Agreements (FTAs) of ASEAN are anticipated to create new opportunities for businesses of member countries , according to details given by insiders at a seminar on December 8 in Ho Chi Minh City.

VOV.VN - Vietnam’s total import-export turnover surpassed the US$600 billion mark in the Jan.-Nov. period, reaching US$619.17 billion, with a trade surplus of US$25.83 billion.

Executive Vice President of the European Commission (EC) and EU Commissioner for Trade Valdis Dombrovskis said Vietnam's rise to become the bloc’s leading trade partner in ASEAN is a vivid demonstration of the success of the EU-Vietnam Free Trade Agreement (EVFTA).