The upcoming state visit to Vietnam by General Secretary of the Communist Party of China (CPC) Central Committee and President of China Xi Jinping from December 12-13 has prompted Vietnamese experts and researchers to forecast the trip will create new momentum for the bilateral relations.
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Minister of Industry and Trade Nguyen Hong Dien on December 4 attended a forum on trade and investment between France and Southeast Asia.
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The 12th meeting of the Vietnam-China Economic and Trade Cooperation Committee took place in Hanoi on November 27 under the co-chair by Vietnamese Minister of Industry and Trade Nguyen Hong Dien and Chinese Commerce Minister Wang Wentao who is on an official visit to Vietnam from November 25 – 28.
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The Vietnam-UK Business Forum 2023 took place in Hanoi on November 24, as part of activities held by the Joint Committee on Economic and Trade Cooperation between Vietnam and the UK (JETCO) to celebrate the 50th anniversary of their diplomatic ties.
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President Vo Van Thuong’s trip to the US for the APEC Leaders’ Week and bilateral activities from November 14-17 is expected to open up many investment opportunities for businesses of the two countries in the time ahead.
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Vietnam needed to redefine its competitive advantages in the new period to be ready to receive foreign direct investment flows from the United Kingdom (UK), experts have said.
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The free trade agreement (FTA) between Vietnam and the Eurasian Economic Union (EAEU), which comprises Russia, Belarus, Kazakhstan, Kyrgyzstan, and Armenia, has made important contributions to two-way trade between Vietnam and members of the union, representatives from the two sides said at a recent meeting.
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Vietnamese Finance Minister Ho Duc Phoc met bilaterally with Treasurer of Australia Jim Chalmers, Japanese State Minister of Finance Katsuo Yakura, and Singaporean Second Minister for Finance Indranee Rajah on November 12, on the occasion of their attendance at the 2023 APEC Finance Ministers’ Meeting in San Francisco.
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Vietnam will remain the region’s fastest growing digital economy between 2023-2025, according to the 8th edition of the e-Conomy SEA Report published on November 7 by Google, Temasek and Bain & Company.
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Thanks to free trade agreements with tariff barriers gradually being removed, the exports of Vietnamese products have been on the rise. However, they are likely to face trade defence lawsuits.
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