A digital economy will play a key role in increasing labour productivity and promoting economic growth and the country's competitiveness.
A delegation of the Vietnamese Ministry of Industry and Trade (MOIT), led by Minister Tran Tuan Anh, are in Vientiane, Laos, from August 16 to 18 for conferences on Vietnam-Laos cooperation in developing the industry & trade, energy and mining sectors.
The Ministry of Finance plans to eliminate the import tax for auto materials and parts in order to support the development of the country’s automobile industry.
Hanoi will continue to contribute to the strengthening of the Vietnam - Cambodia relations, Chairman of the municipal People’s Committee Nguyen Duc Chung has told outgoing Cambodian ambassador to Vietnam Prak Nguon Hong.
The Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade has inked a memorandum of understanding (MoU) on trade and investment promotion with Uruguay’s Investment, Export and Country Brand Promotion Agency.
The export revenue of Vietnam’s garment and textile industry was estimated at US$18.34 billion in the first seven months of 2019, a year-on-year increase of 10.5%, according to a report from the Ministry of Industry and Trade (MoIT).
Vietnam earned a H1 trade surplus of 175.24 million in confectionery and grain products, up 2.94 percent over the same period last year.
Sanofi Vietnam has announced that it has received a licence to directly import drugs, becoming the first multinational corporation with such rights in the country.
Việt Nam will attract more foreign direct investment and boost its agricultural and fisheries exports through free trade agreements, experts have said.
The intensifying trade war between China and the U.S. threatens to derail Vietnam’s export growth with the weakening of the Chinese yuan.
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