Import-export value of agro-forestry-fisheries products hit nearly 11 billion USD in the first two months of 2021, resulting in 1.37 billion USD in trade surplus, up 28.4 percent year on year, according to the Ministry of Agriculture and Rural Development (MARD).
Export value of aquatic products reached 405 million USD in February, pushing the figure in the first two months of 2021 to over 1 billion USD, up 2.2 percent over the same period last year, reported the Vietnam Association of Seafood Exporters and Producers (VASEP).
The domestic food and beverage market has great potential for development despite the difficulties caused by the COVID-19 pandemic, according to experts.
The Mekong Delta province of Tien Giang has seen rosy signs in export in early 2021, with export turnover reaching 270 million USD, up 36 percent year-on-year.
The Mekong Delta province of Kien Giang has set its sights on pulling in 60-100 million USD worth of FDI over the next five years, according to Vice Chairman of the provincial People’s Committee Nguyen Duc Chin.
The Ministry of Industry and Trade (MoIT) is set to bolster action while Vietnamese enterprises have been recommended to gear up preparations as more trade remedy investigations are expected in 2021.
Dr Tran Thi Hong Minh, Director of the Central Institute for Economic Management, talks to the Vietnam News Agency about Vietnam’s potential for economic development in 2021.
The National Centre for Socio-Economic Information and Forecasting (NCIF) has released a forecast on Vietnam’s economic performance in 2021, with GDP growth of 6.72 percent and an average consumer price index (CPI) of 4.2 percent under an optimistic scenario.
With its accomplishments in economic development and international integration, Vietnam has become an important member of Asia and the world, Peruvian Ambassador to Vietnam Augusto Morelli has said.
Vietnam supports the UK in strengthening economic and trade relations with member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and is willing to share information and experience in joining the pact with the UK, Foreign Ministry spokesperson Le Thi Thu Hang has said.
The UK made a formal request on February 1 to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the first accession application by a member outside the 11 participating Pacific countries since the trade deal came into force in 2018.
Vietnamese intellectuals and students working and studying in Belgium, Switzerland and Luxembourg have applauded the country's achievements over the past five years under the leadership of the Communist Party of Vietnam, expressing their belief in opportunities for Vietnam’s stronger development in the future.
Foreign enterprises poured a considerable amount of capital into manufacturing and processing projects in the first half of January, according to the head of the investment office at the Ho Chi Minh City Export Processing and Industrial Zones Authority (Hepza), Tran Viet Ha.
South Africa’s Pretoria News on January 29 ran an article entitled “Historic milestone for Vietnam” by its Editor-in-Chief Valerie Boje, highlighting the success of the comprehensive and modern diplomacy of Vietnam with focus on the three pillars of Party diplomacy, State diplomacy and people-to-people diplomacy.
German media outlets have run articles covering the 13th National Congress of the Communist Party of Vietnam (CPV) and highly evaluated the country’s anti-COVID-19 efforts and economic achievements and prospects for future development.
Vietnam is still a destination for foreign investment, including Thailand because it is a large and growing market, Tanee Sangrat, Director General of the Department of Information and Spokesman of the Foreign Ministry of Thailand, has said.
Vietnam’s imports of high-value seafood such as king crabs and lobsters are rising due to their falling prices, and are expected to rise even further during the Lunar New Year (Tet) Festival, experts have said.