Singaporean Prime Minister Lee Hsien Loong and his Malaysian counterpart Anwar Ibrahim on January 30 witnessed the signing of three bilateral cooperation agreements on the digital economy, green economy, personal data protection, and cyber security.
Despite a sharp fall in exports before the end of 2022 due to global inflation, tuna still brought home 1 billion USD in revenue last year, up 34% from 2021, becoming a billion-dollar commodity for the first time, data showed.
Despite the hard work of small and medium-sized domestic packaging companies to stay in tune with market demands and apply the latest production technologies, they continue to face a host of challenges.
Vice Chairman of the Ho Chi Minh City People's Committee Duong Anh Duc on January 11 hosted visiting Treasurer of the Australian state of Victory Tim Pallas, during which they exchanged directions for the promotion of cooperation between two localities.
The implementation of free trade agreements (FTAs) will continue to prove fruitful for Vietnam in 2023, said Minister of Industry and Trade Nguyen Hong Dien.
Since its World Trade Organisation (WTO) membership in 2007, Vietnam has engaged in more than 500 bilateral and multilateral agreements in various fields, including 7 free trade agreements (FTAs).
The EU and ASEAN have maintained good relations so far, but the EU has begun to pay more attention to promoting relations with ASEAN amidst the current geo-political context, said Axel Goethals, CEO of the European Institute of Asian Studies (EIAS).
National Assembly Chairman Vuong Dinh Hue on December 5 expressed his hope that universities and educational institutions of Vietnam and New Zealand will reach specific, direct cooperation agreements, helping to deepen the collaboration between the two countries in this regard.
After a period of implementation, new-generation FTAs have brought into play their positive effects, with markets broadened and export revenue considerably increasing.
Businesses need to improve their self-reliance and enhance the connectivity in the private economic sector in the production chain and increase the rate of localisation, thus raising their competitiveness to overcome challenges in 2023, heard a forum in Hanoi on November 17.
Prime Minister Pham Minh Chinh’s official visit to Cambodia from November 8-9 is a great success, showing that Vietnam attaches importance to strengthening the cooperative relations, friendship, solidarity and trust between the two countries, said Foreign Minister Bui Thanh Son.
Aquatic exports are forecast to have hit a record of 10 billion USD in this November thanks to businesses’ flexible adaptation to changes in the global market, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnamese businesses are increasingly interested in the South African market and want to explore investment opportunities to take advantage of the free trade agreements that South Africa has signed with major markets, including the US and Europe as well as the African market, Vietnamese Ambassador to South Africa Hoang Van Loi has said.
The Indonesian Health Ministry recently signed eight bilateral agreements with other countries to promote the health transformation, according to the country's Health Minister Budi Gunadi Sadikin.
Principal country economist of the Asian Development Bank (ADB) Nguyen Minh Cuong said on October 27 that Vietnam’s economic recovery in the past nine months was impressive, believing that its mid and long-term growth prospect is bright.
Although mediation and arbitration are more cost-efficient than litigation when it comes to commercial dispute settlement, they are less frequently used by firms in Vietnam, according to Hoang Minh Chien, Deputy Director General of the Vietnam Trade Promotion Agency.
Vietnam's import and export activities will face many difficulties and challenges in the last months of this year and into the next, according to Nguyen Cam Trang, Deputy Director of the Agency of Foreign Trade under the Ministry of Industry and Trade (MoIT).
Vietnamese exporters need to continue to improve the reliability of agricultural products and ensure quality, safety and sustainability to compete globally, industry insiders said.
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