In the first half of August, export activities continued to show signs of recovery, helping Vietnam achievea trade surplus of US$10 billion.
Around 52% of small and medium enterprises (SMEs) in Vietnam indicated that they would continue to invest in 2020, the highest ratio in Southeast Asia, according to findings from Singapore’s United Overseas Bank (UOB), Irish services company Accenture and US analytics firm Dun & Bradstreet.
The Ho Chi Minh City administration, the US Consulate General and the American Chamber of Commerce in Vietnam (Amcham), co-hosted a forum on August 25 to attract greater US investment into the city.
Vietnam has been able to maintain its export growth momentum to the United States over the past seven months despite facing unprecedented challenges caused by the novel coronavirus (COVID-19) pandemic, according to insiders.
Shrimp exports to South Korea are likely to increase by 5 per cent this year due to steady demand, high export prices and tariff incentives under a bilateral free trade deal, the Việt Nam Association of Seafood Exporters and Producers has said.
The Prime Minister has issued a plan to implement a memorandum of understanding on the development and connection of border trade infrastructure between Vietnam and Cambodia.
The Animal and Plant Health Inspection Service, an agency of the US Department of Agriculture, will send officials to Việt Nam to check the quality of fruits to be exported to the US.
Vietnam has surpassed Bangladesh in terms of textile and garment exports over the first six months of the year, with the former’s total export value of over US$13 billion, US$1 billion more than the latter’s.
Vietnam, as Chair of ASEAN in 2020, is exerting every effort to boost the building of a cohesive and responsive ASEAN Community so that the bloc can deal with all possible challenges and difficulties, Deputy Prime Minister and Foreign Minister Pham Binh Minh has said.
The Việt Nam Association of Seafood Exporters and Producers (VASEP) has said that seafood exports to Europe have seen many positive signs since the EU-Việt Nam Free Trade Agreement (EVFTA) came into effect at the beginning of this month.
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