As the country with the lowest per capita GDP amongTrans Pacific Partnership Agreement (TPP) signatories, Viet Nam will enjoy comparative and unique advantages such as labor-intensive manufacturing and fewer tariffs when TPP comes into effect, according to the World Bank (WB).
Vietnamese Minister of Industry and Trade Vu Huy Hoang and EU Trade Commissioner Cecilia Malmström signed the Declaration on conclusion of the negotiations of a European Union (EU)-Viet Nam Free Trade Agreement (EVFTA) under the witnesses of President of the European Commission Jean-Claude Juncker and PM Nguyen Tan Dung.
An event for cultural and commercial exchange between Viet Nam and Japan kicked off on November 19 in the Mekong city of Can Tho's Ninh Kieu district.
Viet Nam is attending the 30th Trade Expo Indonesia 2015 in Jakarta from October 21 to 25, which attracted businesses from many countries across the world.
The Vietnamese economy will likely expand more than 6 percent annually over the next few years thanks to continued export resilience and ongoing reform measures by the government to improve the country's business environment, according to BMI research firm.
The Trans Pacific Partnership (TPP) has successfully concluded in Atlanta (United States) after over five years of negotiations. Vietnamese businesses, including those in textile and garment sector, will enter a wider playground which creates opportunities but also poses challenges.
Bilateral trade between Vietnam and Australia would likely to develop significantly once the Trans-Pacific Partnership (TPP) agreement – which involved the two of them and 10 other countries – comes into effect.
Deputy PM, FM Pham Binh Minh and his Cambodian counterpart Hor Namhong on Monday reviewed the realization of cooperative agreements and deliberated ways to beef up the relations between Viet Nam and Cambodia during the 14th meeting of the Joint Committee for Economic, Cultural, Scientific and Technological Cooperation in Ho Chi Minh City.
Viet Nam was forecast to earn US$2.2 billion from shipping cashew nuts abroad and hold 50% of global cashew trade value, according to the Ministry of Industry and Trade (MoIT).
From 7th to 8th October, 2015 in Ha Noi, Viet Nam, "APEC Workshop on Local Content Requirements in Energy” was held. This event is in line with APEC’s cooperation activities in sustainable energy that Viet Nam has recently hosted.
The US called for the next round of ministerial meeting for the Trans-Pacific Partnership (TPP) agreement next week in a bid to clinch the deal, Office of the United States Trade Representative announced on September 24.
Once coming into effect, the EU-Viet Nam Free Trade Agreement (EVFTA) is expected to help raise Viet Nam’s gross domestic product (GDP) growth to 7-8% by 2025 and export growth to 50% by 2020, expert said.
In September 21th 2015, the Deputy Minister of Ministry of Industry and Trade of Viet Nam (MOIT), Mr. Hoang Quoc Vuong, had a meeting with Ambassadors, Deputy Heads of Mission and representatives of Embassy of New Zealand, Finland, Denmark, Norway, Sweden and Switzerland to Viet Nam. These countries created a group known as the “Friends of Fossil Fuel Subsidy Reform” – FFFSR.
Viet Nam always attaches importance and gives high priorities to consolidating and enhancing the special solidarity and comprehensive cooperation with Laos, official affirmed.
In order to maximise the connecting roles in economic and trade promotion between enterprises from Vietnam and Chongqin (China), Vietnam Trade Promotion Office in Chongqin organised a mission to conduct survey on investment and business market in Vietnam from July 15-19, 2015. This mission is comprised of senior officials of Chongqin Foreign Trade and Economic Corporation, led by Corporation CEO, Mr. Zhang Fengwu.
In September 9th 2015, the Deputy Minister of Ministry of Industry and Trade of Viet Nam (MOIT), Mr. Tran Tuan Anh, had a meeting with the delegation from American Chamber of Commerce (AMCHAM) in Singapore lead by Mr. Kirk Wagar, the United States Ambassador to Singapore.
Viet Nam regards Japan as an important and long-term development partner, Party General Secretary Nguyen Phu Trong told Japanese reporters ahead of his official visit beginning from Tuesday.
A seminar to strengthen co-operation between the electrical industries of Korea and Viet Nam was held in HCM City yesterday with around 45 firms from the two countries taking part.
Thailand’s top two brewers are independently seeking a stake in Vietnam's Sabeco as sales decline at home, the Wall Street Journal reported Tuesday.
On Saturday, the Vietnam International Bank (VIB) said that it will provide VND25 trillion (US$1.4 billion) in loan subsidies with the highest interest rate of 4 percent to export businesses.
