Vietnam enjoyed a trade surplus of US$2.32 billion last year, according to the General Department of Customs (GDC), slightly lower than the initial estimate of US$2.68 billion.
One year on, opportunities and challenges from the AEC are becoming evident to Vietnamese enterprises.
Vietnam has become an attractive destination for Chinese and Taiwanese solar panel makers who want to make use of tax advantages to export to the US.
JICA signed agreements with the Vietnam government to provide ODA loans of up to a total of US$234 million (21 billion yen) of assistance for two projects.
Japan has agreed to officially import fresh dragon fruit from Vietnam, the Vietnam Fruit and Vegetable Association said on January 17.
Highlight Vietnam’s determination to promote comprehensive reform and international integration in 2016-2020, a Vietnamese official has said.
Vietnam’s GDP is expected to grow at 6.6% in 2017 following a drought-induced slowdown in 2016, according to Standard Chartered.
Tra fish (Vietnamese catfish) exports in 2016 increased by 7% to US$1.66 billion, accounting for 24% of total seafood export value.
This year marks Vietnam’s 10th year after accession into the World Trade Organization.
The manufacturing sector starts the new year amid a surge in new orders with the IPI having increased 8.30% in December.
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