Ho Chi Minh City is applying measures to become a leading destination in the region in investment, renovation, and science-technology in 2025, creating a fair and safe business environment for businesses and investors.
The US Treasury has removed Việt Nam and Switzerland from the list of countries labeled as currency manipulators, reversing a decision of the administration under President Trump last December.
Vietnam’s attraction of foreign direct investment from countries participating in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership has shown mixed results since its commencement, with expert opinions diverging on interpretation of developments.
In the first quarter of 2021, exports of goods to many markets participating in FTAs such as the EU-Vietnam FTA (EVFTA), the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the UK-Vietnam FTA (UKVFTA) have recorded a sharp increase, facilitating exports in the future.
A national portal on tracing the origin of products and goods is expected to be put into operation in the fourth quarter of this year, according to the Directorate for Standards, Metrology and Quality (DSMQ) under the Ministry of Science and Technology.
In 2021, seafood export is expected to reach US$8.7 billion and the figure towards 2030 is US$14-16 billion. In order to reach the target, the whole industry still has a lot of work to do, especially increasing seafood production to ensure quality and meet strict non-tariff requirements from import markets.
Vietnam has earned a higher score in the International IP Index 2021 for reaching a trade agreement with the E.U. last year.
More than 200 enterprises operating in various areas from Algeria, Senegal and Vietnam participated in an online trade conference on trade and investment cooperation between the three countries.
Geographical indication (GI) registration has an important role in helping Vietnamese products enter the global market, heard a regular press conference of the Ministry of Science and Technology (MoST) held in Hanoi on March 31.
Vietnam and the US will step up closer co-operation to comprehensively address concerns as a way of maintaining stable trade ties towards achieving a harmonious, sustainable and mutually beneficial trade balance, with this year’s bilateral trade target of US$100 billion.
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