Vietnam may attract about 30 billion USD in foreign direct investment (FDI) in 2021, posting a year-on-year rise of 2 percent, economists forecast, pointing to positive signs in FDI attraction in the first eight months of 2021 despite the complexities of COVID-19.
The Ministry of Industry and Trade (MoIT) on September 21 issued a decision to investigate the evasion of trade remedies for cane sugar products originating from Thailand after considering requests from domestic sugar producers.
Prime Minister Pham Minh Chinh has asked ministries, agencies and localities to take measures to facilitate the production and circulation of farm produce amid the COVID-19 pandemic.
Technical barriers on standards, quarantine, food safety and hygiene of countries in general and China in particular are increasing day by day. Enterprises exporting agricultural and aquatic products still maintain the habit of seasonality and fragmentation, which is not suitable for China's drastic changes.
Under difficult conditions, pangasius exports to the Mexican market grew impressively with three-digit numbers, becoming the leading export market of Vietnamese seafood enterprises in Latin America.
Textile, garment and footwear industries are stillnbsp;facing many difficulties due the COVID-19 pandemic, and unable to recover production and businessnbsp;in the short term.
The export value of Vietnamese tuna exports to the Israeli market by mid-August jumped by 34 percent to nearly 25 million USD compared to the same period last year, or accounted for 5.6 percent of the total tuna export value, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
It is forecast that thanks to the effectiveness of the EVFTA, the European markets will have high demand for importing shrimp at year-end. Large-scale shrimp exporters have begun to push up production to ensure competitive capacity in this potential market.
Vietnam and Cuba see ample room for trade growth as two-way trade is valued at just about 200 million USD annually.
Vietnam exported 15,870 tonnes of tuna worth US$73.33 million to the European Union in the first half of 2021, up 39.3% and 31.6%, respectively, against the same period last year, according to a journal published by the Ministry of Industry and Trade (MoIT).
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