Despite being a powerhouse in exporting agricultural products, Thailand also has huge demand for imported fresh fruit and vegetables. There is an opportunity for Vietnamese agricultural exporters to explore this market worth billions of US dollars.
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In the context of the whole country struggling against the COVID-19 pandemic, the Government has always paid special attention to investors, creating a healthy, fair and transparent business and investment environment.
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Deputy Foreign Minister Nguyen Quoc Dung, head of the ASEAN SOM Vietnam, attended an ASEAN Senior Officials’ Meeting (ASEAN SOM), which took place virtually on September 30, to review preparations for the upcoming 38th and 39th ASEAN Summits and Related Summits.
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Vietnam’s GDP is expected to expand by about 4.8% in 2021, and the economy could converge toward the pre-pandemic GDP growth rate of 6.5 to 7% from 2022 onward, the World Bank has forecast.
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The Government has issued Decree No.85/2021/ND-CP amending and supplementing several articles of Decree No.52/2013/ND-CP on e-commerce involving foreign traders.
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The US is a potential market for Vietnamese fruit and vegetable exports thanks to the diverse distribution system along with a 3-million-strong overseas Vietnamese community, according to the Vietnamese Trade Office in the US.
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China is Vietnam's largest trading partner and import market. Many raw materials, accessories, and components of major domestic production and export industries are mainly imported from this neighboring country.
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The Ministry of Industry and Trade (MoIT) has announced the first review of anti-dumping measures imposed on a number of plastic products from China, Malaysia and Thailand.
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The EU-Vietnam Free Trade Agreement (EVFTA) has brought about a range of opportunities for German investors in Vietnam after it came into force more than one year ago.
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Standard Chartered expects Vietnam’s GDP growth to recover to 5.5 per cent on-year in the fourth quarter of 2021.
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