The RCEP provides new hope for Vietnam’s foreign trade given the questions now surrounding the future of the TPP.
Prime Minister Nguyen Xuan Phuc has decided that Vietnam should become the shrimp production base of the world.
Professor Nguyen Quang Thai, Deputy Chairman of the Vietnam Economics Association (VEA), tells VET’s Nguyen Ha about the outlook for Vietnam’s economy in 2017.
Although the offered low-cost loans from AIIB are very attractive, economists say Vietnam needs to think carefully before borrowing money.
Vietnam remained the fifth biggest exporter to Canada in Asia, after China, Japan, the Republic of Korea and Taiwan (China) in 2016.
More than 60% of Japanese firms operating in Vietnam have intentions to expand their business here to cash in on the improved investment climate
The Government plans to provide wide-ranging assistance to the domestic supporting industry so that they can increase supplies of parts.
Although Việt Nam’s exports to China in the first month of 2017 surged nearly 40 per cent, trade deficit with the Chinese market remained high at US$2.45 billion.
As the host of the APEC Year 2017, Vietnam should have a stronger voice to promote globalisation and connectivity among APEC members.
Vietnamese tuna exporters have struggled to compete with Thai and Philippine firms in the Japanese market due to high taxes.
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