A total of 12 Vietnamese enterprises have been granted permission to re-export their seafood products to the Saudi Arabian market, according to information released by the Ministry of Industry and Trade (MoIT).
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Prime Minister Nguyen Xuan Phuc on September 16 hosted a reception for Dutch and Belgian Ambassadors, Elsbeth Akkerman and Paul Jansen, along with EU investors who want to pour capital into a seaport logistics project worth nearly 1 billion USD in Vietnam.
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Many agricultural products will be exported to Europe under The EU-Việt Nam Free Trade Agreement in the next few days, according to the Ministry of Agriculture and Rural Development.
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HCM City attaches great importance to cooperation with and support from foreign partners, including those from the Republic of Korea (RoK), in the process of becoming a financial, economic, and technological centre, Chairman of the municipal People’s Committee Nguyen Thanh Phong has said.
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A range of local agricultural products are set to enjoy tax incentives brought about by the European Union-Vietnam Free Trade Agreement (EVFTA) following the recent export of the first batch of Vietnamese shrimp to the EU market.
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Việt Nam has become one of the world’s few economic bright spots attracting foreign investors, especially those from Australia, due to cheap labour, a young population, high education standards, and government incentive policies, experts have said.
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The implementation of the EU-Vietnam Free Trade Agreement (EVFTA) in early August represents hope that Vietnamese shrimp exports to the EU market will rise during the remaining months of the year.
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From the beginning of the year to now, footwear exports to top markets such as the US, China, Japan, Belgium and Germany have all recorded significant declines compared to the same period last year.
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At the ASEAN-India Ministerial Meeting, the ministers noted that despite complicated and unpredictable developments, especially the challenges caused by the COVID-19 pandemic, the ASEAN- India relations continue to make significant progress across all fields, including the implementation of the ASEAN-India Action Plan 2016-2020.
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The recovery prospects look brightest for Vietnam and the country is expected to be the only Southeast Asian economy to record positive growth this year, according to the latest Global Economic Outlook report from Oxford Economics, commissioned by chartered accountancy body ICAEW.
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