News

Vietnam ranks high on economic performance in region: website

The AXA Investment Managers Asia headquartered in Singapore recently published an article which elucidates the reasons behind Vietnam’s high ranking on economic performance and discusses the prospects for broadening the country’s position in the regional and global production ecosystems.

Vietnam’s GDP growth may reach 8% in 2022: DBS

Singapore-based financial service supplier DBS has predicted that Vietnam’s economic growth may reach 8% in 2022 thanks to rising flows of FDI and exports and digitalisation impetus.

Vietnam and Taiwan (China) seek to boost garment and textile cooperation

The Taiwan (China) Textile Roadshow was co-organised and held in Hanoi from October 6-7 by the Taiwan Textile Federation (TTF) and the Vietnam National Trade Fair and Advertising Company (VINEXAD) via online means.

Large room for Vietnam’s coffee export to North Europe

While the demand for traditional coffee is saturated, that for specialty and organic coffee in North European region is still increasing, which is considered a good chance for Vietnamese enterprises to expand coffee export to this market.

Processing industry makes up over 86 percent of total export revenue in nine months

Processing industry contributed 86.27 percent to the total export revenue of the country in the first nine months of 2021, according to the Ministry of Industry and Trade.

Project aims to enhance trade remedy capacity as Vietnam joins new-generation FTAs

Vietnam has set a target of amending the Law on Foreign Trade Management and relevant legal documents related to trade remedies or building a Law on Trade Remedies by 2030.

Vietnam, US reach agreement to end timber trade probe

Vietnam and the US have reached an agreement on illegal logging and timber trade that will avoid hefty tariffs on Vietnamese timber exports, according to the Vietnamese Ministry of Agriculture and Rural Development (MARD).

Official: Vietnam could achieve trade balance this year

Vietnam could achieve trade balance, or even a trade surplus this year, deputy head of the Ministry of Industry and Trade’s Agency of Foreign Trade Tran Thanh Hai told a regular press conference of the ministry in Hanoi on September 30.

HCM City logistics association comes into being

The Logistics Association of Ho Chi Minh City has been officially established with its first congress, for the 2021 - 2026 tenure, taking place on September 30.

Vietnamese firms advised to brace for trade remedies in ASEAN

The Trade Remedies Authorities of Vietnam has recommended domestic enterprises to prepare legal knowledge and resources to deal with potential lawsuits from export markets, particularly in the Association of Southeast Asian Nations (ASEAN).

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