Vietnam has enjoyed a trade surplus with the US over many years. However, the trade balance has now become relatively equal with a series of valuable procurement contracts that Vietnamese enterprises have signed with US manufacturers.
Vietnam believes that all countries involved in the ongoing U.S.-China trade war should resolve issues in accordance with international agreements.
Việt Nam’s exports of agricultural products are expected to face more challenges by the end of the year, so enterprises must follow market developments at home and abroad and improve the quality of their products, according to experts.
Amid rising trade barriers, experts have said Vietnamese firms should improve their awareness of trade remedies and appeals processes.
With China and the U.S. as its largest export destinations, Vietnam is seeking ways to insulate itself from an escalating trade war between the world’s two biggest economies.
Documents in dossier under reduced inspection method; cases of exemption from State inspection on food safety and the State inspection agency for import food are contents that the General Department of Vietnam Customs (VCN) has instructed local Customs Departments in implementing the Government’s Decree 15/2018/ND-CP on food safety.
Boosting cooperation between Vietnam and India in the garment and textile sector will be one of the priorities in efforts to raise bilateral trade value to US$ 15 billion by 2020, said Parvathaneni Harish, Indian Ambassador to Vietnam.
Vietnam and Indonesia could promote the bilateral strategic partnership in a more pragmatic manner via stepping up cooperation in the Association of Southeast Asian Nations (ASEAN) in which both are members.
Vietnam and Algeria need to make stronger actions to further promote their economic cooperation and bilateral partnership in line with the two newly emerging economies’ existing potential, said Algerian Foreign Minister Abdelkader Messahel.
The ninth meeting of the ninth People’s Council of Ho Chi Minh City concluded on July 12 after three days of sitting, with 21 resolutions approved.
| The site is done with the technical support of the project BWTO |
