Vietnam wants to boost economic and trade links with Algeria in general and the city of Oran in particular, Vietnamese Ambassador to Algeria Pham Quoc Tru has said.
HSBC has suggested Vietnam push through economic reforms to make up for any slowdown in exports and investment inflows.
Export turnover in November reached US$15.6 billion, up 1.3 per cent since last month, pushing export value in the 11 months of 2016 to $159.5 billion.
The export value of phones and their accessories in November was $3 billion, up 5.8 per cent compared to October
Viet Nam’s services market is significantly open to foreign investments under the commitments to the TPP and the EVFTA.
Minister of Information and Communication Trương Minh Tuấn has expressed hope that French businesses will continue investing in Việt Nam.
There will be opportunities for Việt Nam to export more wooden products to Europe and other new markets as well as get higher prices
Implementation of the WTO TFA will help reduce about 20 per cent of business expenses as well as promote investment and create more jobs for Vietnamese.
More than nine million foreigners visited Viet Nam from January to November, up 25.4 per cent compared to the same period in 2015.
Vietnam earned roughly US$159.5 billion from exports in the first eleven months of 2016, reporting a year-on-year increase of 7.5%.
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