China is canceling strict Covid-19 prevention import procedures. Inspection and quarantine are no longer required for arrival goods. This is an excellent opportunity for Vietnam's exports, especially seafood, to penetrate this enormous market.
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Vietnam has increasingly become a burgeoning industrial hub, especially for tech and apparel, wrote an article published by India’s stattimes.com on January 14.
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To attract more foreign direct investment (FDI), Vietnam needs to pay attention to training high-quality human resources, accelerating administrate reform and developing and upgrading infrastructure, according to the European Chamber of Commerce (EuroCham).
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The proportion of Japanese enterprises that intend to expand their investment in Vietnam in the next one to two years is 60%, up 4.7 points from the previous year and the highest among Southeast Asian countries.
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Implementation of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has brought impressive export growth to Vietnam. However, large tariff incentives along with conditions of origin and stricter requirements for product materials challenge many Vietnamese businesses much.
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Vietnam supports the Federation of the European Sporting Goods Industry (FESI) to develop its production system of footwear and sporting goods in the country, said Minister of Industry and Trade Nguyen Hong Dien on December 14.
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Vietnam has the potential to become a country that plays an important role in the relationship between the European Union (EU) and the Association of Southeast Asian Nations (ASEAN).
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The Trade Office and Embassy of Vietnam opened a pavilion at Intex South Asia, an international textile sourcing show held in New Delhi on December 8.
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The night-time economy of major cities in the country has remained underdeveloped due to a lack of proper investment and an absence of a legal framework and policies to promote it, authorities said.
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The Vietnamese General Department of Customs reported that the country’s rice exports reached 713,546 tonnes, worth more than US$341 million, in October, up 22.3 per cent in volume and 23.9 per cent in value compared to September.
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