The portal of the Austrian Federal Economic Chamber has run an article hailing Việt Nam’s consistent, drastic and effective measures against the COVID-19 pandemic, adding that the Vietnamese market remains attractive to Austrian firms.
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Việt Nam’s digital economy will likely reach US$52 billion in value by 2025, according to the e-Conomy SEA 2020 report by Google, Temasek and Bain Company.
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Support is to be provided to small and medium – sized enterprises (SMEs) enabling them to use intellectual property (IP) rights to build stronger, more competitive and resilient businesses, said Đinh Hữu Phí, Director of the Intellectual Property Office of Việt Nam.
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Vietnamese food processors have opportunities to tap into the Halal market worth billions of US dollars when attending a hybrid exhibition on Halal products and processed food scheduled in late May in Singapore.
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Ho Chi Minh City is applying measures to become a leading destination in the region in investment, renovation, and science-technology in 2025, creating a fair and safe business environment for businesses and investors.
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The US Treasury has removed Việt Nam and Switzerland from the list of countries labeled as currency manipulators, reversing a decision of the administration under President Trump last December.
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Vietnam’s attraction of foreign direct investment from countries participating in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership has shown mixed results since its commencement, with expert opinions diverging on interpretation of developments.
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In the first quarter of 2021, exports of goods to many markets participating in FTAs such as the EU-Vietnam FTA (EVFTA), the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the UK-Vietnam FTA (UKVFTA) have recorded a sharp increase, facilitating exports in the future.
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A national portal on tracing the origin of products and goods is expected to be put into operation in the fourth quarter of this year, according to the Directorate for Standards, Metrology and Quality (DSMQ) under the Ministry of Science and Technology.
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In 2021, seafood export is expected to reach US$8.7 billion and the figure towards 2030 is US$14-16 billion. In order to reach the target, the whole industry still has a lot of work to do, especially increasing seafood production to ensure quality and meet strict non-tariff requirements from import markets.
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