Vietnamese agricultural product exporters that want to establish long-term business relationship with the UK need to have appropriate strategies, and approach potential partners in order to take advantage of export opportunities to this important market – the second biggest economy in Europe, advised Nguyen Canh Cuong, Vietnamese Trade Counselor in the UK, at a recent consulting webinar.
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As an active member of the Association of Southeast Asia Nations (ASEAN) and a reliable partner of Russia, Vietnam is ready to serve as a bridge connecting Russia and the Eurasian Economic Union (EAEU) with ASEAN nations, Vietnamese Minister of Industry and Trade Nguyen Hong Dien said.
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While the investment flow from traditional partners has shown signs of slowing down, the exploration of new markets will help Vietnam maintain success in attracting foreign investment.
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Vietnam will promote cooperation with partners in the ASEAN Smart Cities Network (ASCN) while working with relevant agencies and localities to increase development chances, especially technological application in the COVID-19 fight, the Ministry of Construction said at the fourth annual meeting of the ASCN which was held in the form of videoconference on August 30.
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Singapore became the largest foreign investor in Vietnam in the first eight months of 2021 with total investment capital of US$6.2 billion as of August 20, accounting for nearly 32.5% of total foreign direct investment (FDI) in Vietnam.
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Deputy Prime Minister Pham Binh Minh has asked relevant ministries and agencies to take solutions to push ahead with national and ASEAN one-stop-shop mechanisms.
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Vietnam is likely to remain foreign investors’ favoured destination despite the COVID-19 resurgence ravaging across the country, The Australia Financial Review (ARF) said in a story published earlier this week.
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The amount of rice exported by firms is in stock and exists in large yards due to the impact of the Covid-19 pandemic. Ports, especially Cat Lai port, have taken over the work of packing rice to aid rice exporters.
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Vietnam is currently the 10th largest trading partner of the United States and an important link in this country's supply chain.
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The Ministry of Planning and Investment is developing a draft programme to support digital transformation for enterprises, cooperatives and businesses
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