Russia-Vietnam Trade Disrupted, But Growth Potential Remains
2023 Russia-Vietnam bilateral trade expected to be about US$3 billion
Vietnam becomes global production centre thanks to boom of foreign investment
Despite impacts caused by the COVID-19 pandemic, foreign direct investment (FDI) is still being poured into Vietnam, contributing importantly to turning the country into a new production hub of the world.
Ample room remains for Vietnamese exports to Africa
There remains an ample room for Vietnamese exports to Africa, as the country accounts for only 0.6% of the continent's total import of 600 billion USD per year, according to the Ministry of Industry and Trade, given opportunities brought about by the African Continental Free Trade Area (AfCFTA)
India plans to challenge European Union's proposal to levy carbon tax at World Trade Organisation, ...
India sees the proposed levy as discriminatory and a trade barrier, and would question its legality while citing that New Delhi was already following the protocols pledged in the UN Paris climate agreement.
Brunei becomes 11th nation to ratify CPTPP trade deal
Brunei has ratified the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, the last of the original 11 signatories of the trade and investment deal to do so.
Apple's top partner invests in a $100 million project in Nghe An, Vietnam
The Management Board of Southeast Economic Zone has just granted an investment registration certificate to investor Foxconn Interconnect Technology PTE.LTD (Foxconn Group) to implement the project of Fu Wing Interconnect Technology Co., Ltd. (Nghe An).
UK to launch talks with Switzerland on new trade deal
UK Business and Trade Secretary, Kemi Badenoch, launches negotiations for a modern, updated free trade agreement with Switzerland.
Vietnam emerges as semiconductor industry "Winner" as China falls behind in innovation
According to the international press, with the change in the global supply chain, Vietnam has the potential to become the world's new semiconductor manufacturing center, significantly boosting the economy.
SmartPay sponsored 50,000 SmartBox payment devices for Vietnamese small businesses
Recently, SmartPay - a leading enterprise in providing financial and technology solutions for businesses, collaborated with Ho Chi Minh City Culinary Association to organize a seminar.
Shrimp prices plummet on stubbornly low global demand
Shrimp prices have fallen by up to 30% within a month, and threaten to cause losses to southern farmers.
Chinese traders to enter Vietnam for lychee purchase
More than 201 Chinese traders have registered to enter Vietnam to purchase lychee in the northern province of Bac Giang between mid-May and July, Trade and Industry Promotion Center of the province has announced.
ASEAN consumes half of Vietnamese fertilizer exports
April witnessed Vietnam export fertilizers to nine markets, with six ASEAN member states alone consuming 66,648 tonnes, or 50.5% of the country's overall fertilizer export market share.
Halal industry to boost Vietnam’s links with Muslim countries: official
With sound partnerships with Muslim-majority countries, the Halal industry will become an important field of cooperation, helping further promote Vietnam’s substantive ties with such partners and contribute to common development and prosperity, said former Deputy Foreign Minister Pham Quang Hieu.
Bangladesh, Vietnam eye FTA to boost economic relations
Bangladesh and Vietnam have agreed to explore possibilities of concluding a bilateral free trade agreement (FTA) in order to add further substance to the steadily increasing bilateral trade and economic relations between the two regional countries, particularly in the context of the LDC graduation
Analysts: Change in mindset needed over FDI attraction
There is much to do for Vietnam to continue to attract larger volumes of investment from the US and the EU, analysts tell recent workshop.
Improving product quality, infrastructure critical to promote trade with China
Improving product quality coupled with infrastructure was critical to promoting cross-border trade via official channels with China.