Despite market fluctuations, Vietnam's export revenue in 2017 is predicted to reach all time high of over US$212 billion which is also much higher than the revenue of US$176 billion posted in 2016, said Duong Duy Khuong, Director of the Planning Department under the Ministry of Industry and Trade (MoIT).
China's Ministry of Commerce (MOC) said Wednesday the European Union's new anti-dumping methodology violates World Trade Organization (WTO) rules.
Since 2016, the exports of many products in the agriculture sector in Vietnam has strongly increased. On the other hand, the agriculture sector is still vulnerable as shown in the past due to its limited development.
The ASEAN-India Connectivity Summit is the latest step in furthering physical ties between India and Southeast Asia.
It has seemed since the Trans-Pacific Partnership (TPP) was rebranded as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in November that the CPTPP has had an ambition to take on the Regional Comprehensive Economic Partnership (RCEP).
Since Vietnam and South Korea set up diplomatic ties 25 years ago, the two countries have seen strong and steady progress in their cooperation in such areas as diplomacy, economy, technology and culture.
The Government of Vietnam has consistently pursued a comprehensive integration policy with the focus placed on international economic integration, considering this as a motivation to promote economic reform, growth and development, Prime Minister Nguyen Xuan Phuc has said.
After 10 years of membership in the World Trade Organisation (WTO), Việt Nam’s export and import value has increased four times to reach over US$400 billion, or 170 per cent of the gross domestic product (GDP), according to the General Department of Customs (GDC).
The General Department of Customs organised a ceremony on December 19 to mark Vietnam’s total import-export turnover reaching US$400 billion in mid-December, doubling the amount of six years ago.
The Asian Development Bank (ADB) has approved two loans with a total value of $299 million for Vietnam, according to the bank's announcement on December 18.
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