With the Regional Comprehensive Economic Partnership expected to enter into force early next year, more prospects could open up for Vietnam to woo additional investment and expand its trade with international partners.
Masan has been continuously opening multi-experience stores CVLife to integrate more services from its latest acquired startup Mobicast. At CVLife stores, customers can buy necessities at WinMart+, make financial transactions at Techcombank, buy medicine and functional foods at Phano, enjoy famous Phuc Long tea and coffee, and soon use Mobicast’s digital services.
Vietnam exported more than 5.7 million tonnes of steel products in the first nine months of 2021, a whopping 78.1 percent increase the same period last year, according to the Vietnam Steel Association (VSA).
While Vietnam is not out of the woods yet, it has enough pull factors to encourage investors to continue their business operations and even move their manufacturing operations to the country, according to Vietnam Briefing.
Despite a sharp fall in exports in August and September due to impacts of COVID-19, the wood sector still has chances to complete its export target for the whole year provided that it can quickly resume production, according to experts.
Two-way trade between Vietnam and Laos surpassed 947 million USD in the first nine months of 2021, up 28.2 percent year-on-year, according to the Vietnam Trade Office in Laos.
The Vietnam Sanitary and Phytosanitary Notification Authority and Enquiry Point (SPS Vietnam) has advised enterprises to strictly comply with the rules of import markets, in order to prevent their products from being recalled and their reputations from being affected.
Vietnamese Minister of Foreign Affairs Bui Thanh Son has affirmed that Vietnam treasures and wishes to continue further deepening traditional friendship and all-around cooperation with Romania.
Vietnam wants to boost transport ties with Russia, contributing to further deepening the bilateral comprehensive strategic partnership, said Minister of Transport Nguyen Van The during a working session with Russian Ambassador to Vietnam Gennady Bezdetko in Hanoi on October 19.
The Vietnam-Korea Business and Investment Association (VKBIA) and the Vietnam Business Association in the United Kingdom (VBUK) on October 18 signed virtually a memorandum of understanding (MoU) on comprehensive cooperation with the aim of stepping up coordination in promoting, attracting investment in and supporting the sale of Vietnamese products abroad.
A Vietnam – Switzerland cultural festival took place on October 16 to celebrate the 50th anniversary of the two countries’ diplomatic relations (1971 – 2021), and enhance people-to-people exchange and cultural and economic cooperation.
The Vietnamese Government on October 18 issued Resolution 131/NQ-CP ratifying the ASEAN Trade in Services Agreement (ATISA).
Vietnam’s seaports handled over 587 million tonnes of goods in the first ten months of this year, representing a year-on-year rise of 2 percent, according to the Vietnam Maritime Administration (VMA).
Indonesian Religious Affairs Minister Yaqut Cholil Qoumas stated that halal certification has been made mandatory for medicine, cosmetics, and consumer goods products starting on October 17 as stipulated in a regulation of the government on pertaining to the implementation of halal product insurance.
Following the reopening, more Japanese retailers are stepping up operations in Vietnam, betting on the huge potential consumption demand of local customers.
While almost $1 billion of the yearly public investment allocation is requested to return to the state budget, thousands of developers are aiming to meet their deadlines and ensure the highest possible quality, expecting to enhance public investment performance of the country.
After over one year of entry into force, the EU-Vietnam Free Trade Agreement has enabled Vietnam to attract more investments from the EU and expand trade with this bloc’s member markets.
Russia and Singapore have expressed interest in resuming regular commercial flights to Vietnam to revive trade and tourism post-Covid-19.
Vietnamese companies are increasingly assertive in M&A deals, seeking to partner with foreign companies rather than becoming mere targets for acquisition.
The number of wind power projects recognized for Commercial Operation Date (COD) is still small, which is a warning sign for wind power investors in Vietnam.