On the sidelines of the Asia-Pacific Business Summit in 2022, which just took place in Hanoi, Mr. John Rockhold, President of the American Chamber of Commerce (AmCham) in Vietnam spoke with a reporter from Customs Magazine. According to General Director of Chan May LNG Joint Stock Company, Vietnam and the US have many bright prospects for bilateral trade and investment relationships as both sides are attractive destinations for businesses.
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Bilateral trade between Vietnam and the US is considered to be at the most favorable stage ever, so it is forecast that the export of many agricultural, forestry and fishery products to the US will continue to grow strongly.
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According to experts, in the near future, the growth rate of e-commerce will be one of the important driving forces for economic recovery after the pandemic. Customs News spoke with Mr. Nguyen Ngoc Dung, Chairman of the E-commerce Association (VECOM), about this issue.
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Supportive solutions for businesses need to be implemented faster and stronger to improve the capacity of businesses and increase linkage among them, according to experts.
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Talking to Customs News, Dr. Mac Quoc Anh , Director of the Institute of Economics and Business Development, Vice President and General Secretary of the Hanoi Association of Small and Medium Enterprises, said that businesses have quickly adapted to develop amid difficulties, but those that have survived need to be stimulated to recover, so support policies need to be more appropriate.
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Vietnam's logistics industry has had many development opportunities, especially when the Covid-19 pandemic was brought under control. Strengthening support and improving the competitiveness of Vietnamese logistics enterprises is an important factor, helping this industry make good use of the opportunities opened up in the future as well as develop more sustainably in the long term.
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To increase rice export opportunities to ASEAN markets, enterprises need to review the import demand of each market in order to supply appropriately as well as pay attention to the brand identity of Vietnamese rice.
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The recovery momentum of businesses has shown many positive signs after the first quarter of 2022.
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Businesses assessed that, in 2021, despite the complicated development of the pandemic, the reform of localities in Vietnam was maintained, with drastic improvements in administrative procedures and informal costs dropping.
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After being severely affected by the Covid-19 pandemic, HCM City has recovered and prospered, and many economic indicators of the city have achieved positive growth.
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