Representatives of trade promotion agencies and business communities of India and three countries in the Greater Mekong Sub-region (GMS), namely Vietnam, Thailand and Cambodia, gathered at an online India-Mekong trade connection programme on October 11.
The Mekong Delta province of Tien Giang raked in 2.45 billion USD from exports between January and September, increasing 11.15 percent annually and fulfilling 75.4 percent of the yearly plan.
The Trade Remedies Authorities of Vietnam has recommended domestic enterprises to prepare legal knowledge and resources to deal with potential lawsuits from export markets, particularly in the Association of Southeast Asian Nations (ASEAN).
Vietnam’s GDP is expected to expand by about 4.8 percent in 2021, and the economy could converge toward the pre-pandemic GDP growth rate of 6.5 to 7 percent from 2022 onward, the World Bank has forecast.
Garment products from Taiwan (China) will be showcased at the Taiwan Textile Roadshow held in Hanoi from October 6-7 at the Hanoi International Exhibition Centre at 91 Tran Hung Dao Street.
Although the Vietnamese economy has been greatly affected by impacts of the COVID-19 pandemic, that has tightened the labour supply, lowered industrial output, and disrupted agricultural value chains, the Asian Development Bank (ADB) remains bullish about the country’s prospects in the medium and long term.
The ADB has revised down Vietnam's 2021 GDP growth forecast from 6.7 percent to 3.8 percent due to a resurgence of the COVID-19 pandemic that has tightened the labour market, lowered industrial output, and disrupted agricultural value chains, according to a report released by the bank on September 22.
The International Renewable Energy Expert, a local solar power cell producer, has introduced the first made-in-Vietnam Agri-PV (Agriculture photovoltaic module) for dual-use solar energy agriculture projects in domestic and export markets.
Indonesia posted a trade surplus of 4.74 billion USD in August 2021, breaking the record of 4.64 billion USD in December 2006, the Central Statistics Office (BPS) has said.
Vietnam always finds a way to overcome obstacles and challenges, Chief Executive Officer (CEO) of HSBC Vietnam Tim Evans said when giving comments on Vietnam’s economy and its GDP growth prospects.
HSBC Vietnam has mapped out two scenarios for Vietnam’s economy until the end of the year which focused on the re-opening of the economy, according to its Chief Executive Officer (CEO) Tim Evans.
The northern province of Thai Binh has applied measures to boost the development of its industrial sector and support industry in particular, focusing on industries supporting garment and textile and mechanical engineering, as part of efforts to become a locality with strong industrial growth in 2025.
Vietnam has introduced its fruit, vegetables, and other farm produce at Macfrut 2021: the Fruit & Veg Professional Show, which opened on September 7 in Rimini city, the Emilia Romagna region of Italy.
Vietnam is introducing its fruit, vegetables, and other farm produce at Macfrut 2021: the Fruit & Veg Professional Show, which opened on September 7 in Rimini city, the Emilia Romagna region of Italy.
The Vietnam Dairy Products Joint Stock Company (Vinamilk) has flexibly adapted to difficulties caused by the COVID-19 pandemic by applying advanced technology into production, negotiating raw material purchase contracts with suppliers, and boosting export of the products. Particularly, forming a joint venture to gain a bigger share in the Philippine markets is expected to bring about the high expectation for the company.
Online trade promotion is currently considered as an effective solution for businesses to maintain contacts with their export markets and also a tool to learn about market trends, developments and demand.
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