Vietnam's foreign direct investment (FDI) attraction has seen signs of recovery after continuous declines over the past six months, becoming a driving force for the country’s economic growth in the medium and long term, said insiders.
In the first nine months of 2022, Vietnam was the third largest seafood supplier for the US in terms of volume and the 5th largest in value, data from the US National Marine Fisheries Service showed.
Việt Nam placed great importance on improving its labour productivity, said policymakers and economists during a conference in Hà Nội yesterday.
Japan has very strict import standards, but if Vietnamese goods manage to meet those rules, they will be able to enter not only this demanding market but also most of other markets in the world, said Vietnamese Trade Counsellor in Japan Tạ Đức Minh.
Vietnam should speed up innovation to take advantage of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) agreement and promote trade with Malaysia, a Malaysian expert has recommended.
The global semiconductor and chip race is heating up and Việt Nam should take this opportunity to raise its’s position on the global semiconductor manufacturing map as some leading corporations have invested in semiconductor manufacturing in the country, according to local economists.
Freighters have even started accepting small orders at low prices in the hope they may be able to pool them together to make a trip worthwhile.
Việt Nam’s export turnover to Germany enjoyed a year-on-year surge of 30.5 per cent to US$7.6 billion in the first 10 months of this year, according to the Ministry of Industry and Trade.
Vietnam will promote the use of e-commerce channels to expand export markets and enable enterprises to participate in foreign distribution networks.
Vietnam’s coffee market share in the total import turnover of France and Canada has been low.
| The site is done with the technical support of the project BWTO |
