Việt Nam’s underdeveloped fabric production is making it difficult for textile and garment businesses to take advantage of free trade agreements, including the Europe – Việt Nam FTA (EVFTA).
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The Vietnamese economy looks set to benefit from joining new generation free trade agreements (FTAs) which will have a great impact on the expansion of the local import-export market and new online business models.
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Vietnamese seafood exports to Canada have witnessed robust growth in recent times following the implementation of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), with shrimp, tuna, and basa fish making up a high market share in the Canadian market, according to industry insiders.
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Chairman of the People’s Committee of HCM City Nguyen Thanh Phong on October 29 hosted a reception for a delegation of ambassadors from European Union (EU) member countries.
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Việt Nam's exports rose 4.7 per cent year-on-year in the first ten months of this year to US$229.2 billion, for a trade surplus of a record $18.7 billion, according to the General Statistics Office.
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The Management Board of the Saigon High-Tech Park, on October 28, collaborated with the Department of Industry and Trade of Ho Chi Minh City to organize the signing ceremony of a regional association agreement on the development of a network of supporting industry products with Long An, Binh Duong, Dong Nai, and Ba Ria - Vung Tau provinces.
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Vietnam and Japan are entering new horizons for further bilateral investment ties, with the former becoming a key market for the latter’s businesses to shore up their supply chains overseas.
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Five Vietnamese wood associations have met in Hanoi to examine the risks in the timber trade in the midst of a US investigation into the sources of Vietnam’s exported wood products.
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The Eurasian Times has recently published an article on Vietnam’s success in attracting foreign direct investment (FDI), saying the Southeast Asian nation has emerged an FDI hub in Asia.
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ASEAN Today, a website based in Singapore, on October 26 ran an article entitled “Vietnam launded for efforts to combat illegal fishing”, hailing the country’s efforts in this sphere.
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