High hopes are pinned on Vietnam’s rice export in the early months of 2021 after the price of its 5-percent broken rice exceeded 500 USD per tone last year, the highest since the end of 2011.
The export of coffee declined in both volume and value last year due to certain difficulties that are forecast to linger on for the time to come, insiders have said.
Deputy Minister of Foreign Affairs Nguyen Quoc Dung on January 15 called on correspondents from foreign press agencies and cultural and press attachés as well as representatives from foreign agencies in Vietnam to help in promoting the country’s image among international friends.
Vietnam is always a leading partner of the Netherlands in Asia, said the Dutch Minister for Foreign Trade and Development Cooperation, Sigrid Kaag, at an online meeting with Vietnamese Minister of Industry and Trade Tran Tuan Anh on January 14.
Deputy Prime Minister and Foreign Minister Pham Binh Minh will attend the ASEAN Foreign Ministers’ Retreat (AMM Retreat) which will be held virtually on January 21, said Foreign Ministry’s Spokesperson Le Thi Thu Hang at a press briefing on January 14.
With rapid development over the past 30 years, cooperation between Vietnam and the EU is expected to grow further in 2021 and the years to come, a Vietnamese official has said.
Vietnamese Minister of Industry and Trade Tran Tuan Anh and German Federal Minister of Economics Peter Altmaier co-chaired the first meeting of the joint committee for economic cooperation between the two countries which took place virtually on January 12.
The first meeting of the Vietnam-Germany Joint Committee for Economic Cooperation was held online on January 12, during which participants discussed the cooperation possibilities in industry and trade, manufacturing-processing, energy, and education-training.
Deputy Prime Minister and Minister of Foreign Affairs Pham Binh Minh has asked the Ministry of Foreign Affairs (MoFA) to keep a close watch on, and resolutely and persistently fight to firmly protect Vietnam’s sea and islands sovereignty and legitimate interests in the East Sea.
Vietnam’s port sector will flourish this year as trade in goods is expected to thrive on the back of recovery in production, domestic consumption, and export markets, according to industry analysts.
Vietnam’s e-commerce market is forecast to continue growing strongly in the time to come thanks to a big population with high rates of young people and internet users.
Though COVID-19 has sent the global economy into one of its worst recessions ever, Vietnam posted GDP growth of 2.91 percent in 2020 thanks to its solid control of outbreaks and timely support to both enterprises and local people.
Vietnam’s success in curbing the coronavirus so far, while its Southeast Asia neighbours struggle, is helping the country power ahead in economic growth and attracting major funds, and foreign investors, said foreign experts on the Gulf Today newswire on January 7.
Vietnam earned over 3 billion USD from exporting rice in 2020, according to the Vietnam Food Association (VFA), a year-on-year increase of more than 10 percent.
Vietnamese exporters in the steel and mechanic sectors expect to get easier access to the UK market following the signing of the UK-Vietnam Free Trade Agreement (UKVFTA) last month.
The UK-Vietnam Free Trade Agreement (UKVFTA) will open up more opportunities to boost the export of Vietnam’s key agricultural products with the commitments to market opening the same as the EU-Vietnam FTA, Minister of Industry and Trade Tran Tuan Anh has said.
The UK-Vietnam Free Trade Agreement (UKVFTA), which became effective on January 1, is expected to create a strong motivation pushing Vietnam forwards on the path of economic development and international integration.
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