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What do businesses do to cope with foreign trade traps?

4-thay2024070815393720240715085656In 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.

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Shifting production to expand exports to the Northern European market

img-86582023121518101920240715095632Nordic 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.

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Dialogue held to promote circular economy in agriculture

3 en 09.07.2024A Policy Dialogue on "Enhancing International Cooperation and Multi-sectoral Coordination on Circular Economy in Agriculture" was held in Hanoi on July 8.

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PM welcomes Malaysian Minister of Investment, Trade and Industry

2 en 09.07.2024Prime 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.

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Trade promotion activities prioritise key products and markets

3 en 03.07.2024In 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.

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Vietnam has a unique opportunity to enhance position in global supply chains

1 en 03.07.2024Vietnam 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.

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South Korean trade minister wants trade with Vietnam expanded

2 en 02.07.2024South 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.

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Cross-border e-commerce accelerated to boost exports

1 en 02.07.2024The 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.

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FTAs – Driving force for agricultural growth

agricultureVietnam 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.

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EVFTA can be long-term success story

evfta-can-be-long-term-success-story-20240625155655While 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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