Despite having high-quality products, Vietnamese exporters need to pay more attention to brand building and market research to enter Thailand’s lucrative markets, experts said at a conference held yesterday (May 7) in HCM City.
The outlook for Vietnam’s economy remains sound, aided by its strong fundamentals, diversified trade structure and the authorities’ commitment to macroeconomic stability and private sector-led growth, according to the IMF.
The proactiveness of businesses in the implementation of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is essential to determine their success or failure, Deputy Minister of Industry and Trade Tran Quoc Khanh said.
Việt Nam’s socio-economic situation in April 2019 witnessed many positive signs with macroeconomic stability and surging aggregate demand, Prime Minister Nguyễn Xuân Phúc told a regular cabinet meeting in Hà Nội on Saturday.
Vietnam recorded a year-on-year rise of 2.71 percent in the consumer price index (CPI) between January and April of 2019, a three-year low in the period.
Vietnam expects to sign a long-anticipated free trade agreement with the European Union before the end of June, the Southeast Asian country’s foreign ministry said.
The deployment of the Vietnam Automated System for Seaport Customs Management (VASSCM) will be completed in 2019, according to the General Department of Vietnam Customs.
The Prime Minister has issued Decision 18/2019/QGG-TTg that stipulates the import of machines, equipment and process lines which have been used.
ASEAN economic ministers gathered at the 25th ASEAN Economic Minister Retreat AEM Retreat in Phuket Thailand on April 23. Once the negotiations are successful, the RCEP will become the biggest multilateral trade deal involving 10 ASEAN countries and China, India, Japan, the Republic of Korea, Australia and New Zealand, making up 29 percent of the global GDP and 30 percent of world trade value.
Prime Minister Nguyen Xuan Phuc has underscored the vital role of international integration in Vietnam’s ongoing socio-economic development, noting how it contributes to maintaining peace and political and social stability.
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