Thailand has invested US$7.7 billion in 440 projects in Viet Nam to become the country’s tenth largest investor.
Technological and financial limitations are major development constraints for the local supply industry, Bùi Quang Chuyện, tells VietnamPlus.
The goal is to cut half the time needed for business registration and simplify customs procedures this year.
The trade sector has experienced an annual growth of 10 percent or higher in recent years, making a profound change in the country’s trade value.
Vietnam has been outperforming and it looks like it will continue to do so.
The Government is determined to take drastic measures to improve business climate and competiveness indicators to reach the average level of ASEAN 4 countries.
With rice exports declining Vietnam is set to focus more on tourism and FDI.
By 2050, six of the seven largest economies in the world could be emerging markets. This is according to the latest report from the PwC economists on the theme of the World.
Vietnam enjoyed a trade surplus of nearly US$3.089 billion with Canada as of the end of November, 2016, an increase of 24.6% against the same time in 2015.
On February 6, the Australian Department of Agriculture and Water Resources announced a relaxation of the ban on importing shrimp, cooked or uncooked prawn meat products.
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