HCM City has set itself an FDI target of US$5.4 billion this year and would focus on improving infrastructure and streamlining administrative procedures to achieve it, a city investment official said.
The textile and apparel industry, which managed to survive three waves of COVID-19 thanks to its decision to produce face masks and personal protective equipment, will focus on sportswear and yarn, according to the Việt Nam National Textile and Garment Group.
Vietnam is to have 280,000 ha of marine aquaculture area and 10.5 million cubic metres of farming cages by 2025, according to the Ministry of Agriculture and Rural Development (MARD).
The Government needs to extend the deadlines for the payment of taxes and fees to support companies since the COVID-19 pandemic continues to affect them, experts have said.
Many textile apparel firms have posted upbeat export performance in early 2021 with signed export orders until this upcoming July and August.
The nation’s Free Trade Agreement (FTA) with the European Free Trade Association (EFTA) is likely to be completed later this year to coincide with the country celebrating the 50th anniversary of diplomatic relations with Switzerland.
The Ministry of Industry and Trade (MoIT) will continue to support domestic enterprises, especially small and medium-sized firms, to improve their awareness of trade remedies.
Deputy Prime Minister and Minister of Foreign Affairs Phạm Bình Minh has urged all ASEAN members to find a peaceful way to resolve the ongoing violence and political crisis in Myanmar.
Ambassador Le Thi Tuyet Mai, head of the Vietnamese Permanent Mission to the United Nations (UN), World Trade Organisation (WTO), and other international organisations in Geneva, led a delegation participating in WTO negotiations on fisheries subsidies, which was recently held in an online format.
After the UK-Vietnam Free Trade Agreement (UKVFTA) took effect on December 31, 2020, both sides saw impressive growth in their two-way trade though exports faced formidable challenges caused by the COVID-19 pandemic.
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