News

NewsMarket news

Vietnam, South Africa look to expand trade and investment ties

A delegation of the Vietnamese Embassy in South Africa, led by Ambassador Hoang Van Loi, paid a working visit to Eastern Cape and Western Cape provinces from November 22-29 to seek opportunities for further strengthening investment, trade and tourism cooperation between the two countries.

Pandemic drags down FDI attraction

Việt Nam had attracted a total of US$26.43 billion in foreign direct investment (FDI) this year as of November 20, equal to 83.1 per cent of the figure in the same period last year, according to a recent report from the Ministry of Planning and Investment.

ASEAN Customs Transit System launched to boost regional trade

Cross-border traders in ASEAN can now take advantage of a newly-launched online customs transit management system – the ASEAN Customs Transit System (ACTS) to accelerate trade in goods by road within ASEAN.

US-Vietnam economic ties ready to intensify

Vietnam and the United States are seeking to further cement their trade and investment ties, with the latter’s new administration.

FDI forecast to flow into supporting industries as investors set up new supply chains

Foreign direct investment in supporting industries is expected to spike in the coming months as more and more foreign companies establish production facilities in Việt Nam and seek to develop supply chains here, experts said.

European investors upbeat about Vietnam as business confidence rebounds

European investors are optimistic about the prospects of Vietnam as shown by the Business Climate Index (BCI) of the European Chamber of Commerce (EuroCham) rebounding in Quater.

Asia Times highlights Vietnam’s positive economic growth

Vietnam will be one of the few nations worldwide to record positive economic growth in 2020 despite a global collapse in trade, travel and investment caused by the COVID-19 pandemic, according to an article recently published by the English language news media publishing group Asia Times.