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).

Japan is the partner that has signed the most bilateral and multilateral free trade agreements (FTAs) with Vietnam which open up many opportunities for stronger trade cooperation between the two nations, according to Tran Quang Huy, Director of the Ministry of Industry and Trade's Asia-Africa Market Department.

VOV.VN - Over 90% of Vietnam's small and medium-sized enterprises are currently facing numerous challenges such as the ability to apply technology, willingness to innovate themselves in order to improve product quality, increase competitiveness and take advantage of incentives from free trade agreements (FTAs).

VOV.VN - Vietnamese exports have improved gradually over the past consecutive months, with the monthly average export value exceeding the US$30 billion mark, signaling a general recovery in the export market.