Vietnam’s GDP is expected to expand by about 4.8% in 2021, and the economy could converge toward the pre-pandemic GDP growth rate of 6.5 to 7% from 2022 onward, the World Bank has forecast.
The Government has issued Decree No.85/2021/ND-CP amending and supplementing several articles of Decree No.52/2013/ND-CP on e-commerce involving foreign traders.
The US is a potential market for Vietnamese fruit and vegetable exports thanks to the diverse distribution system along with a 3-million-strong overseas Vietnamese community, according to the Vietnamese Trade Office in the US.
China is Vietnam's largest trading partner and import market. Many raw materials, accessories, and components of major domestic production and export industries are mainly imported from this neighboring country.
The Ministry of Industry and Trade (MoIT) has announced the first review of anti-dumping measures imposed on a number of plastic products from China, Malaysia and Thailand.
The EU-Vietnam Free Trade Agreement (EVFTA) has brought about a range of opportunities for German investors in Vietnam after it came into force more than one year ago.
Standard Chartered expects Vietnam’s GDP growth to recover to 5.5 per cent on-year in the fourth quarter of 2021.
Vietnam was the 11th largest supplier of rubber to the US in the first seven months of 2021, according to the Ministry of Industry and Trade’s Agency for Foreign Trade.
The Netherlands, one of the leading partners of Vietnam in the EU, is a gateway for Vietnamese goods to enter the EU market, experts have said.
Ho Chi Minh City has set a target of meeting 65% of its demand for supporting industry products by 2025.
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