With China tightening import standards, Vietnam is working to increase its fruit and vegetable exports in alternative markets.
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Local firms need to improve their product quality and design, in addition to strengthening trade promotion activities, in order to increase their competitiveness in the Regional Comprehensive Economic Partnership (RCEP) market, according to industry insiders.
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To facilitate the import-export activities of enterprises, the General Department of Vietnam Customs has actively solved problems relating to certificates of origin (C/O).
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The country’s trade surplus reached a record high of US$9.9 billion in 2019, the highest level seen in the past four years.
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The Vietnamese Permanent Mission to ASEAN has completed all preparations for the ASEAN Chairmanship Year 2020, a diplomat has said.
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Việt Nam’s cashew sector aims to earn US$4 billion in export turnover in 2020. According to the Việt Nam Cashew Association (Vinacas), the sector will focus on deep processing, improving quality and diversifying products towards realising the goal.
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Prime Minister Nguyen Xuan Phuc and a high-ranking delegation of Vietnam are paying an official visit to Myanmar from December 16-18 at the invitation of Myanmar President U Win Myint.
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Total inflows of foreign direct investment (FDI) into Vietnam amounted to 38.02 billion USD this year to December 20, a 10-year high, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.
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The Republic of Korea (RoK) is the leading foreign investor in Vietnam in 2019, pouring 7.92 billion USD into the country, accounting for over one fifth of the total flow of foreign direct investment into Vietnam during the year.
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The Vietnam – Laos relations are special and unique that no words can say enough of, said Party General Secretary and President of Laos Bounnhang Vorachith.
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