Japan and Vietnam have agreed to work together for the promotion of the industry in Vietnam. The agreement, which the two sides reached at a joint committee meeting in Hanoi
Trade cooperation between the United Arab Emirates (UAE) and Vietnam recorded remarkable results in 2015, with Vietnamese goods winning consumer trust.
Vietnam is in discussions on four new free trade agreements, Deputy Prime Minister Nguyen Xuan Phuc told the National Assembly on Monday.
Deputy Prime Minister Nguyen Xuan Phuc, delivering a Government report on socio-economic development plans for the 2016-2020 period at the National Assembly session in Hanoi on March 21, said gross domestic product (GDP) would grow 6.5-7% a year in the period.
Experts have suggested the central bank should further loosen its monetary policy to reduce lending interest rates in a move to support businesses.
Vietnam’s export of goods to South Korea is increasing. According to the statistics figures, Vietnam exported US$ 722.74 million worth of goods to South Korea in February and over $ 1.47 billion in the first 2 months of this year, rose sharply by 30.6 per cent over the same period last year.
Vietnam and Russia have signed an intergovernmental Protocol on supporting the production of motor vehicles in the Southeast Asian country.
Vietnamese investors are expecting more transactions from State-owned enterprises’ (SOE) equitisation rather than by private/family firm owners, Grant Thornton Việt Nam’s latest survey said.
The Ministry of Planning and Investment and other relevant ministries, as well as the authorities of Hanoi have basically agreed to Samsung Electronics Vietnam (SEV)’s asking for incentives for developing its $300 million research and development (R&D) centre in the capital, according to newswire Viettimes.vn
Many South Korean firms are boosting their investments into Vietnam, and raising their imports thanks to tariff slashes under the Vietnam-South Korea Free Trade Agreement.
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