Events

EVFTA set to improve quality of Vietnamese rice: expert

The Europe-Việt Nam Free Trade Agreement (EVFTA) is an opportunity to harness the potential of Việt Nam’s rice exports to high-quality markets and a chance for the country to elevate its rice brand. However, Vietnamese businesses face many challenges to meet EU standards, especially food quality, hygiene and safety and the traceability of rice seeds. Director of the National Agricultural Extension Centre Lê Quốc Thanh talks with the Vietnam News Agency about this issue.

Actions plans to mobilise a new major wave of FDI

A particularly harsh 2020 has nevertheless put Vietnam in a strong position to attract foreign investment. Do Nhat Hoang, director general of the Foreign Investment Agency, discusses with VIR’s Nguyen Huong what makes the country the target of so much affection.

Exports to Americas: "Golden opportunity" amid pandemic

The trend of increasingly diversifying supplies, avoiding dependence on a few markets of the Americas has opened up many opportunities for Vietnamese products to increase exports. Since the beginning of the year, despite the Covid-19 pandemic, the export of goods to the Americas has recorded positive growth.

Supporting industry development: downstream industry is the key

During a long time of development, Vietnam's supporting industry (SI) has been associated with the image of a weak team of businesses at the request of multinational corporations. Investing strongly in the downstream industry, especially creating a number of leading regional corporations, is considered a viable direction to help this industry change.

Vietnamese exporters stand to gain $633 million by increasing trade with India

Vietnamese businesses could increase exports to India by $633 million annually, the Standard Chartered Trade Opportunity Report has revealed. The study also found that Indian exporters could boost trade with Vietnam by an estimated $475 million, bringing the bilateral trade opportunity to $1.1 billion.

Realising revised growth ambitions

Vietnam’s fourthquarter economic outlook is brighter on the back of a rise in domestic consumption and public investment.

The challenges ahead in attracting high-quality FDI

The world has been heavily affected during the COVID-19 pandemic since the beginning of the year, which has caused a serious decline in economies globally. However, due to the pandemic being under good control in many ASEAN member states, these economies are on the way to recovery and is one of the key points why capital inflows are being attracted away from China.

Promoting export of advantageous products to conquer Americas

Recognising the Americas as a high-potential export market, Deputy Minister of Industry and Trade Do Thang Hai said businesses need to focus on and promote exports of existing advantageous products to this market and seek other advantageous products to export this market, gradually conquering this market.

Enterprises activate the scenario of overcoming difficulties

The Covid-19 pandemic has caused the production and business activities of many enterprises to stagnate, and losses are unavoidable. In that context, many enterprises have made changes and efforts to overcome difficulties, turned challenges into opportunities to consolidate internal efforts, ready for the upcoming acceleration phase.