Vietnamese fresh fruits under code HS 081090, including tamarind, jackfruit, lychee, plum, passion fruit and starfruit, have earned a lion’s share in the Australian market.
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Since it entered into force in early 2022, the Regional Comprehensive Economic Partnership (RCEP) has helped strongly promote integration of value and supply chains, strengthen confidence in regional economic recovery and create new impetus for trade and investment growth in the region and the world, according to an article on the Zhongguopinglun (China review) website of Hong Kong (China).
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Two-way trade revenue between Vietnam and Laos in 2022 grew 24% from the previous year to reach some 1.7 billion USD, beyond expectations of their leaders at the 44th meeting of the Vietnam – Laos Inter-Governmental Committee on Bilateral Cooperation earlier last year.
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In January, the U.S. was Vietnam’s largest export market, with a turnover of US$ 7.6 billion. China is the largest import market, with a turnover worth US$ 8.1 billion.
Read more...Vietnam is paying attention to mobilising resources to invest in developing green agriculture with an aim to raising the market share of its agricultural exports to the European Union.
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The Government has issued a resolution on boosting the flexible, effective, sustainable and integrated development of the labour market, aiming to speed up socio-economic recovery.
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Sharing natural similarities, the two countries have beefed up their sustainable development partnership in sustainable agriculture, water management, and climate change adaptation, said Dutch Ambassador to Vietnam Kees van Baar.
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The southeast region is preparing necessary conditions in infrastructure, administrative procedures and human resources to welcome a new wave of foreign direct investment (FDI), as investors have flocked to the region right from the beginning of this year.
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Free trade agreements (FTA), particularly new-generation deals, are instrumental in the buoyant performance of Vietnam’s export businesses, underpinning the country’s export target of 6 per cent in 2023 despite the global headwinds.
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According to the Foreign Investment Agency under the Ministry of Planning and Investment (MPI), Vietnam is likely to attract 36-38 billion USD in foreign direct investment (FDI) in 2023. The figure was nearly 22.4 billion USD in 2022.
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