Vietnam’s economic growth is expected to grow 6.8 percent - 6.9 percent in 2016 and 2017 mainly on the back of continued consumer demand, said the United Nations on Thursday in its latest report for the Asia-Pacific region.
The Việt Nam Saigon Plastic Association will focus on research to develop renewable raw materials replacing fossil-based materials for making plastics in the 2016-20 period, its president has said.
Vietnamese enterprises should foster their shrimp exports to the United Kingdom as exports to other markets were tending to slow down, the Việt Nam Association of Seafood Exporters and Producers (Vasep) has suggested.
The newly-appointed Minister of Industry and Trade talks with Vietnam News Agency about his actions to improve efficiency of the ministry’s activities from 2016 to 2021, and create favourable conditions for enterprises during international integration.
The agro-forestry-fisheries export turnover in April was estimated at 2.97 billion USD, bringing the four-month figure to over 10 billion USD, up 11 percent against the same period last year.
Bui Duc Thu, a member of the National Assembly’s Committee for Financial and Budgetary Affairs, told the Cong Thuong (Trade and Industry) newspaper that in 2016, Vietnam would try to keep the inflation rate under 5 percent and reach a GDP growth rate of 6.7 percent.
A severe decline of textile industry in 2009 caused by the global crisis has brought both advantages and disadvantages forVietnam.
Bac Ninh has the smallest natural area, but amongst 63 provinces and cities of Vietnam, it is the province that gathers the most quality craft villages.
Twenty-four Vietnamese enterprises are participating in the 2016 Global Seafood Expo in Brussels, Belgium, from April 26-28.
Representatives of Vietnam and the European Union (EU) reached an agreement on export regulations for the timber market.
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