Improving business environment and national competitiveness is a core policy priority of the Vietnamese Government in 2019. This has great importance because many nations are racing to attract investment through fostering the quality of their business conditions.
China should increase imports of Vietnamese goods and make more hi-tech investments, government officials and business representatives say. Le Hoai Trung, Vietnam’s Deputy Minister of Foreign Affairs, proposed at the Vietnam-China Economic Promotion Forum Thursday that China creates more favorable conditions for more Vietnamese goods to enter the country through border gates.
With world GDP growth initially predicted to peak at 3.1 per cent in 2018, the year looked to hold much economic promise for Vietnam.
The past four years have seen a busy journey for the e-commerce market in Southeast Asia and Vietnamese e-commerce growth rate ranked second, just behind Indonesia, in the region, according to Google and Temasek.
Decree No. 119/2018/ND-CP on investment and officially effective from 1/11/2018 is expected to accelerate the use of electronic invoice both in depth and width.
Although it is not easy to bring agricultural products into the EU market, but this is the market that enterprises are always interested in, and find the way to approach. The EU - Vietnam Free Trade Agreement (EVFTA) is coming to the signing stage, creating more incentives for businesses to exploit and promote agricultural exports to this market.
Vietnam’s membership of the United Nations Commission on International Trade Law (UNCITRAL) will help the country contribute to maintaining international trade law while ensuring its interests, said Deputy Foreign Minister Le Hoai Trung.
Asean’s rapid urbanisation has implications for important issues such as strained infrastructure, rising inequalities, and public safety and security. However, if Asean makes full use of technology by bringing its smart cities together, a vision of sustainable and liveable cities across the region will become achievable, writes Phidel Vineles.
Mexico and Canada will be promising markets for Việt Nam’s wood and furniture products when the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) takes effect in early 2019, according to the Ministry of Industry and Trade.
Vietnam has become increasingly appealing to large foreign investor groups in the textile and garment industry who want to seize opportunities before the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) takes effect in January next year, according to analysts.
| The site is done with the technical support of the project BWTO |
