A Vietnamese consumer goods week kicked off at the Carrefour supermarket in Collégien city of France on November 4, with the presence of Minister of Industry and Trade Nguyen Hong Dien, in the framework of Prime Minister Pham Minh Chinh’s official visit to France.
A research on one-year implementation of the Europe-Vietnam Free Trade Agreement (EVFTA) was launched at a workshop in Hanoi on November 3.
The relations between Vietnam and the US would continue to grow stably in the time ahead, with economic and trade cooperation the centre and key momentum of the bilateral ties, Vietnamese and US officials said.
While foreign investors are keeping an interest in Vietnamese logistics, the country is being urged to take more drastic action to solve existing problems in order to absorb more European investment in particular.
Despite mounting challenges during reopening, foreign companies are still looking to step up investment in Vietnam, encouraged by the long-term prospects of the country and its moves to create a friendlier business climate.
Prime Minister Pham Minh Chinh had meetings with representatives of leading French groups and businesses on November 4 (Paris time) as part of his official visit to France.
Vietnam’s export turnover is estimated to reach US$27.3 billion in October, increasing one percent year on year and the import turnover reached US$26.2 billion, decreasing 1.7 percent.
A workshop discussing opportunities for Vietnamese businesses to increase export of agricultural and aquatic products to Russia and the Eurasian Economic Union (EAEU) was held by the Vietnam Chamber of Commerce and Industry (VCCI), the Vietnam Trade Office in Russia and the Russian trade representative office in Vietnam, on November 2 in Hanoi.
An international seminar highlighting cooperation and development of the Pacific Alliance was held in both in-person and virtual forms on November 3.
Vietnam and Australia will accelerate trade and investment levels from 2021-2025, through a new economic strategy bringing their burgeoning commercial ties into sharp focus.
Nike is committed to investing and expanding production in Vietnam, Chief Sustainability Officer Noel Kinder told Prime Minister Pham Minh Chinh at a meeting on the sidelines of the 26th UN Climate Change Conference in Glasgow on November 2.
Deputy Prime Minister Pham Binh Minh has signed the decision to issue the list of projects calling for foreign investment in the 2021-2025 period.
Eighty-four out of 146 wind power projects signing power purchase and sale contracts with the Electricity Vietnam (EVN) had been put into commercial operation as of October 31, according to a document the EVN had sent to the Ministry of Industry and Trade on Commercial Operation Date (COD) results.
A series of build-operate-transfer power projects are lagging behind set schedules, bringing more challenges for the upcoming national master plan to meet power supply issues.
Vietnamese ministries and agencies have paid attention to supporting foreign investors, including those from Japan, said Fujimoto Masayoshi, Chairman of the Japan-Vietnam Economic Committee.
Vietnam is encouraging European enterprises to invest in environmentally-friendly fields in the country, Minister of Industry and Trade Nguyen Hong Dien has said.
Forty-two out of 106 wind power plants registering for commercial operation received Commercial Operation Date (COD) acceptance as of October 29, according to Vietnam Electricity (EVN).
Despite the significant challenges of the last few months, Nordic companies have remained resilient and committed to building their businesses in Vietnam.
Prime Minister Pham Minh Chinh is to pay an official visit to France from November 3-5.
Domestic businesses are now facing post-pandemic challenges of the price of raw materials that has increased 2-3 times over the same period last year, late delivery, disruptions in logistics and supply chain leading to high transportation costs.