Foreign direct investment in supporting industries is expected to spike in the coming months as more and more foreign companies establish production facilities in Việt Nam and seek to develop supply chains here, experts said.
European investors are optimistic about the prospects of Vietnam as shown by the Business Climate Index (BCI) of the European Chamber of Commerce (EuroCham) rebounding in Quater.
Vietnam will be one of the few nations worldwide to record positive economic growth in 2020 despite a global collapse in trade, travel and investment caused by the COVID-19 pandemic, according to an article recently published by the English language news media publishing group Asia Times.
Prime Minister Nguyễn Xuân Phúc requested garment-textile and footwear sectors promote the building of Vietnamese brands and supply chain linkages during a working session with the sectors’ representatives in Hà Nội on Monday.
Domestic businesses should equip themselves with necessary knowledge in order to tap opportunities from the Regional Comprehensive Economic Partnership (RCEP), advised experts.
Prime Minister Nguyễn Xuân Phúc affirmed that Việt Nam would continue partnering with APEC member economies to turn its vision and aspirations into peace, stability and happiness of people in the region.
Vietnam needs to strengthen measures to achieve the sustainable development of seafood exports to the EU market, especially after the EVFTA comes into effect, according to experts.
Vietnam will continue to push forward with radical economic reforms, speed up the integration process, while encouraging local firms to establish production and value chains toward stronger connectivity for businesses both locally and in the United States
Việt Nam needs to strengthen measures to achieve the sustainable development of seafood exports to the EU market, especially after the EVFTA comes into effect, according to experts.
The Regional Comprehensive Economic Partnership (RCEP) has given Việt Nam and other ASEAN countries a perfect opportunity to become a centre of investment attraction, said Minister of Industry and Trade, Trần Tuấn Anh.
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