Vietnam’s agricultural produce will face strong competition from the US as the TPP requires it to eliminate import tariffs on many US products.
The General Statistics Office reports that Vietnam has pocketed over 14 billion USD in April, an increase of 4.5% against the same period last year.
Ly Son currently has many advantages to attract business investment in the fields of fishing catch, agriculture, especially in the field of tourism.
Firms exporting Vietnamese basa and tra fish fillets to the US have faced severe problems due to a sudden increase in anti-dumping duties.
Vietnamese Prime Minister Nguyen Xuan Phuc received Samsung Electronics Mobile Business CEO at Government Office on May 4.
According to the Vietnam Electronic Industries Association, the electronics industry has witnessed an average annual growth of 10 per cent.
The GSO said that as of April 20, the total capital of FDI projects in Vietnam reached about 6,886 million USD.
S&P last week gave Việt Nam a crediting rating of BB-/B and a stable outlook, unchanged from the ratings announced in March 2015.
FDI capital poured into industrial zones (IZs) has rapidly increased recently, bringing large profits for infrastructure development companies.
The purchasing power in the total national retail value of goods and services until April 2016 reached nearly VND1.14 trillion.
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