Bui Duc Thu, a member of the National Assembly’s Committee for Financial and Budgetary Affairs, told the Cong Thuong (Trade and Industry) newspaper that in 2016, Vietnam would try to keep the inflation rate under 5 percent and reach a GDP growth rate of 6.7 percent.
A severe decline of textile industry in 2009 caused by the global crisis has brought both advantages and disadvantages forVietnam.
Bac Ninh has the smallest natural area, but amongst 63 provinces and cities of Vietnam, it is the province that gathers the most quality craft villages.
Twenty-four Vietnamese enterprises are participating in the 2016 Global Seafood Expo in Brussels, Belgium, from April 26-28.
Representatives of Vietnam and the European Union (EU) reached an agreement on export regulations for the timber market.
The Vietnamese Government supports Russia’s Gazprom to expand oil and gas production in Vietnam, asserted Prime Minister Nguyen Xuan Phuc at his reception for Alexey Miller, Chairman of the Management Committee of Gazprom in Hanoi on April 26.
World Trade Organization (WTO) Director-General Roberto Azevedo expressed his impression about Vietnam’s great economic development and saw Vietnam as a successful model of trade liberalization.
European automakers are welcoming the European Union-Vietnam Free Trade Agreement’s slashed tariffs, expected to take effect in early 2018, as a key step towards boosting imports to and investment in Vietnam’s rapidly-growing auto market.
The Vietnamese startup scene has picked up the pace in recent years, catching the attention of venture capital funds from the US.
The national balance of trade saw a surplus of about US$1.48 billion this year, reported Hải quan, the online newspaper of the Việt Nam Customs.
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