Investment by Chinese enterprises in Vietnam under different modes, from FDI (foreign direct investment) to M&As (merger & acquisition), is on the rise amid the US-China trade war.
The number of Vietnamese students in the US has increased consistently for 17 straight years, according to the Institute of International Education’s (IIE) annual “Open Doors” Report.
The US is the largest export market of Vietnam, with export turnover hitting US$39 billion in the first ten months of 2018, representing a year-on-year increase of 12.8%.
Vietnamese footwear exporters seem to be benefiting from the ongoing trade war between the US and China.
The Ministry of Foreign Affairs held a workshop in Hanoi on August 10 between heads of Vietnamese representative agencies in nearly 100 countries and territories and businesspeople, within the framework of the 30th Diplomatic Conference.
US Consul General in Ho Chi Minh City Mary Tarnowka has expressed her wishes to further promote trade with the Mekong Delta city of Can Tho in the field of agriculture, thereby enabling firms from the Mekong Delta and Can Tho in particular to boost their exports to the US.
The Asia Bakery and Confectionery Pte. Ent, known as ABC Bakery, has wrapped up export procedures for its first container of moon cakes (60,000 moon cakes) to be shipped to the US to be sold at supermarkets there.
The US Department of Commerce (DOC) has announced the launch of an investigation into the avoidance of paying anti-dumping and anti-subsidy taxes on cold rolled steel (CRS) imported from Vietnam.
Foreign ministers of ASEAN countries held meetings with their counterparts from the bloc’s partners, including the Republic of Korea (RoK), Canada, Australia, the US, and the European Union (EU), in Singapore on August 3.
VOV.VN -Deputy Prime Minister and Foreign Minister Pham Binh Minh has highlighted the Lower Mekong Initiative (LMI) as one of the leading sub-regional mechanisms that facilitate sustainable and inclusive development.
VOV.VN - Vietnam spent more than US$1.96 billion importing cattle feed from foreign markets in the first half of the year, with shipments from Argentina rising 10.7% compared to last year’s corresponding period.
VOV.VN - The value of Vietnam’s coffee exports to Indonesia saw a sharp rise in the first five months of the year, according to the Ministry of Agriculture and Rural Development (MARD).
VOV.VN - Vietnam recorded a trade surplus of US$44.95 billion with the G7 (France, Germany, Italy, Japan, the UK, the US and Canada) last year, according to the latest statistics from the General Department of Vietnam Customs.
Vietnamese exporters have been warned that it will be more difficult to export products to the US as the US administration has increased local production protection and tightened control over imports.
The relationship between Vietnam and the US continues to develop effectively in many areas, of which economic and trade cooperation is one of the focuses, said Deputy Prime Minister Vuong Dinh Hue.
VOV.VN - Vietnam’s steel exports rose beyond the US$1 billion mark over the first three months of the year and are tending toward a strong upward trend for the foreseeable future.
Wooden furniture manufacturers have been warned that they will face more trade barriers as export markets have applied new policies to restrict imports.
Vietnam’s textile and garment exports to the US reached approximately US$3.14 billion in the first quarter of this year, marking a year on year increase of 13.2% – the highest pace in the last three years, according to statistics from the General Department of Customs.
The Vietnamese Government attaches special importance to extending trade and investment ties with the US, particularly exchanges and partnerships between the two countries’ businesses, Prime Minister Nguyen Xuan Phuc has affirmed.
The US will temporarily cease the issuance of a number of investment and religious worker visas for Vietnamese citizens from March 23.