Many high costs related to freight transportation place a large burden on businesses. Experts say that it is necessary to diversify forms of transport of import and export goods to avoid dependence and reduce costs for businesses.
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According to Dr. Nguyen Dinh Cung, former director of the Central Institute for Economic Management (Ministry of Planning and Investment), the Covid-19 pandemic has "slowed" reform efforts to improve the business environment. In order for the Covid-19 recovery process to have the best results, businesses are in need of an open, safe, and free business environment that removes all barriers.
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Vietnam has joined many new-generation free trade agreements (FTAs) with comprehensive and high-quality commitments, including commitments on intellectual property (IP). According to Ms. Nguyen Thi Thu Trang, Director of the Center for WTO and Integration, Vietnam Confederation of Commerce and Industry (VCCI), Vietnamese businesses must pay more attention to the legal provisions on IP and authorities need to internalize IP commitments in the most beneficial way for businesses.
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Facing global fluctuations, the socio-economic recovery and development program for the 2022 -2023 period under Resolution 11 dated January 30, 2022 of the Government and Resolution 43/2022/QH15 of the National Assembly on monetary and fiscal policies (hereinafter referred to as the Program) are not only not outdated but also proved necessary, said Phan Duc Hieu, Standing Member of the National Assembly’s Economic Committee.
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The COVID-19 pandemic has had a comprehensive impact on socio-economic aspects as well as the implementation of the development goals for the last two years, as well as the five-year period of 2021-2025.
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Although Vietnam has not yet joined agreements on cooperation in the digital economy, Vietnam also needs to think about amending the Intellectual Property Law in the direction of anticipating this trend of international cooperation in order to proactively make the necessary preparations.
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According to Mr. Tran Quang Bao, Deputy Director of the General Department of Forestry (Ministry of Agriculture and Rural Development), "The project on developing macadamia nut trees in the 2021-2030 period with a vision to 2050" will orient the development goals and solutions of promoting sustainable macadamia in the future in order to gradually turn Vietnam into one of the leading countries in the world in terms of growing, processing and exporting macadamia products.
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To penetrate the Turkish market, Vietnamese goods need to improve their competitiveness in terms of cost, price, and ensure quality in accordance with the market's technical standards.
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The conflict between Russia and Ukraine is causing many difficulties for Vietnamese enterprises that have import-export relations with these markets. Smart behavior not only helps to avoid risks, but also can seize opportunities when the market changes.
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The country's socio-economic recovery is creating great challenges but also contains many new opportunities for the country to rise and develop. The most important factor, according to many experts, is self-control and self-reliance. This will help Vietnam "rise" significantly to overcome the current global fluctuations.
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