VOV.VN - Vietnam will continue to develop stable, sustainable and substantial relations with neighbouring countries, major powers, important partners, and traditional friends in 2021, Deputy Prime Minister and Foreign Minister Pham Binh Minh has said.

International economic integration was a bright spot in Vietnam’s external affairs activities in 2020, Deputy Minister of Foreign Affairs Bui Thanh Son has said.

VOV.VN - Following the fulfillment of targets set for 2020, the industry and trade sector made positive contributions to overall economic growth at 2.91%, helping the nation maintain its steady growth momentum in import-export activities with a total turnover of over US$500 billion for the second consecutive year.

The recently-signed Regional Comprehensive Economic Partnership (RCEP) presents both opportunities and challenges to Vietnamese businesses, making prompt action crucial to address existing weaknesses and capitalise on deal-generated advantages.

The COVID-19 pandemic has cast a long shadow and created uncertainty over the global economy. The signing of the Regional Comprehensive Economic Partnership (RCEP), however, offers a beacon of hope, as it marks a victory for multilateralism and free trade regionally and globally.

The UK-Vietnam Free Trade Agreement (UKVFTA), expected to come into force in the beginning of 2021, is promising several export opportunities to the European market for Vietnamese garment-textile and footwear enterprises.

Vietnam is considered one of the 10 nations with the highest gross domestic product (GDP) growth in the world in 2020 and one of the 16 most successful emerging economies, Party General Secretary and State President Nguyen Phu Trong has said.

VOV.VN - Vietnam was successful in accomplishing its role as ASEAN Chair 2020 despite facing unimaginable challenges brought about by the global spread of the novel coronavirus (COVID-19), Hiroyuki Morbei, director of the Vietnam Economic Research Institute (VERI), has said during a recent media interview.

VOV.VN - Despite accounting for a mere 14% of the national population and 27% of the local workforce, the annual working-class contribution to the nation makes up more than 65% of GDP and over 70% of the annual State budget.

VOV.VN - Vietnam has ratified a free frade agreement (FTA) with the European Union, and inked the Regional Comprehensive Economic Partnership , and another FTA with the United Kingdom, offering a window of opportunity for the country to boost trade with its partners.