In commercial disputes that are required to be resolved at the Vietnam International Arbitration Center (VIAC), many Vietnamese businesses are suffering disadvantages due to negligence right from the negotiation and contracting.
Nordic countries often map out policies to achieve EU goals sooner than others. Among them, general principles and standards regulating manufacturers' responsibilities for textiles and garments from Nordic countries need to be paid attention by businesses.
A Policy Dialogue on "Enhancing International Cooperation and Multi-sectoral Coordination on Circular Economy in Agriculture" was held in Hanoi on July 8.
Prime Minister Phạm Minh Chính hailed Malaysia as Việt Nam’s major trade and investment partner at a reception in Hà Nội on Monday for Malaysian Minister of Investment, Trade and Industry Zafrul Abdul Aziz.
In the second half of the year, the Ministry of Industry and Trade will continue to innovate trade promotion activities, focusing on promoting digital transformation and connecting local businesses and their products to the Việt Nam trade offices abroad.
Vietnam has enjoyed a unique opportunity to enhance its position in global supply and value chains, Vice Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Hoang Quang Phong said.
South Korean Minister of Trade Ahn Dukgeun expects the trade partnership between his country and Vietnam to expand with major infrastructure projects and a sustainable supply chain.
The Government, ministries, sectors, localities, and the business community have concentrated on speeding up cross-border e-commerce development in the context that exports serve as a significant growth driver of the national economy.
Vietnam is currently a signatory to 16 free trade agreements (FTAs), which are described as highways connecting Vietnam’s economy with major trading partners in the world. In the agricultural sector, FTAs have become a powerful driving force, marking significant achievements across the entire industry.
While the EU-Vietnam Free Trade Agreement (EVFTA) has benefited businesses for four years, there are still more advantages that can be sought out. Dominik Meichle, chairman of the European Chamber of Commerce in Vietnam, discussed with VIR’s Bich Thuy about how to fully capitalise on future opportunities.
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