Vietnam's import-export turnover is estimated at US$336.32 billion in the first eight months, an annual reduction of 0.3%, according to the General Statistics Office.
According to the report of the Ministry of Planning and Investment, as of August 20, the total FDI in Vietnam reached US$19.54 billion, equaling 86.3% over the same period in 2019.
Despite some impressive recovery momentum in July, however, many key import-export commodity groups declined in the first half of August.
ASEAN Economic Ministers held a video conference with the region’s partner countries including China, Japan and South Korea (ASEAN+3) on Friday.
The export turnover of Vietnamese footwear products has sharply decreased, according to data from the General Department of Vietnam Customs.
The ASEAN Economic Ministers (AEM) and the US Trade Representative (USTR) Consultations took place virtually on August 27 as part of the 52nd meeting of the ASEAN Economic Ministers (AEM-52).
The Ministry of Industry and Trade has urged plastic producers to apply for exemptions from anti-dumping duty on the ministry’s public service e-portal at https://dichvucong.moit.gov.vn or to the Trade Remedies Authority of Vietnam.
Vietnamese Trade Minister Tran Tuan Anh played host to the Eighth Regional Comprehensive Economic Partnership (RCEP) Ministerial Meeting on August 27 in a bid to examine the possibility of a RCEP agreement later this year.
The Iraqi market is full of opportunities for Vietnamese exporters in 2020. In the last five years, trade has continued to increase between the two countries with products such as food, electronics, machinery and plastics all being exchanged.
The previous 25 years have witnessed Vietnam and ASEAN simultaneously being both "rivals" and "partners", in terms of being competitors when trying to attract investment, but also working together to achieve joint goals
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