The final version of a landmark deal aimed at cutting trade barriers in some of the Asia-Pacific's fastest-growing economies was released on Wednesday, signaling the pact was a step closer to reality even without its star member the United States.
Vietnam’s total newly registered capital and share buying in 2017 has valued at nearly US$36 billion and implemented capital reached nearly US$20 billion. This is record growth for FDI capital in Vietnam in 10 years.
Many members of the European Parliament have urged acceleration of the completion of documents and relevant procedures for the signing and ratification of the Free Trade Agreement between Vietnam and the EU (EVFTA).
Vietnam’s export sector performed strongly in 2017 with revenues expanding to more than US$213 billion, up 21.1% from the previous year. This new record was substantially contributed to by Vietnamese trade missions.
It took more than ten years and countless negotiations for fresh Vietnamese lychees to be finally granted an export license to Australia in 2015, and former Ambassador Luong Thanh Nghi played a major part.
The national economic growth will continue to be marked by positive trends this year thanks to improvements to institutions and the investment environment, according to a forecast by the National Centre for Socio-Economic Information and Forecast (NCIF).
Việt Nam has voiced their support for Singapore to become chair of ASEAN in 2018 and will co-ordinate with the country, as well as other ASEAN members, to push forward priorities and initiatives for ASEAN this year, in a bid to see further progress in building the ASEAN Community, Deputy Foreign Minister Nguyễn Quốc Dũng said.
Foreign direct investment (FDI) enterprises, which have enjoyed multiple tax incentives, pay the lowest State taxes despite reporting high profits, statistics show.
Vietnam earned some US$321 million from fruit and vegetable exports in January 2018, rising by 36.9 percent from the same period last year, according to the Ministry of Agriculture and Rural Development (MARD).
Vietnam has sent a diplomatic note to oppose a seafood import suspension imposed recently by Saudi Arabia, calling on the country to withdraw its decision.
| The site is done with the technical support of the project BWTO |
