A free trade agreement between the Association of Southeast Asia Nations (ASEAN) and Canada will be a win-win for all sides, particularly in the context of economies that are struggling to come out of the pandemic, Canada’s Prime Minister Justin Trudeau has said.
President Nguyen Xuan Phuc expressed his hope that trade between Vietnam and New Zealand will reach 2 billion USD in 2024 while receiving New Zealand Ambassador Tredene Dobson in Hanoi on October 26.
The Vietnamese Embassy in Algeria and the local Centre for Research in Applied Economics in Development (CREAD) have organised a seminar on Vietnam’s economy and foreign trade in both online and face-to-face forms.
Vice President Vo Thi Anh Xuan on October 26 met with Bulgaria’s President Rumen Radev and held talks with Vice President Iliana Iotova as part of her official visit to the European country from October 25-27.
To help farmers manage climate-related risks such as flooding, drought and saline intrusion, the Ministry of Agriculture and Rural Development has launched the Climate-Smart Maps and Adaption Plans (CS-MAP).
Rubber prices have soared by 30-50 percent this year, driving up profits for companies in the industry by triple digits in Q3.
The goal of 600 billion USD in foreign trade is likely to be realised by the end of the year because by October 15, the national import-export turnover had exceeded 510 billion USD, according to Agency of Foreign Trade under the Ministry of Industry and Trade (MoIT).
Vietnam’s trade could reach a record high of $600 billion in 2021, the Ministry of Industry and Trade has said.
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.
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.
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).
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-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.
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.
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.
The Vietnamese Government on October 18 issued Resolution 131/NQ-CP ratifying the ASEAN Trade in Services Agreement (ATISA).
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.
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).