Over the past 25 years, the economic ties between Vietnam and the Republic of Korea have flourished, but the trade imbalance between the two countries has reached an alarming level.
Chairman of Ho Chi Minh City People’s Committee Nguyen Thanh Phong hosted a reception for Polish Ambassador to Vietnam Wojciech Gerwel on November 15.
A forum was held by the Central Institute for Economic Management (CIEM) in Hanoi on November 15 to discuss trade and investment cooperation between Vietnam and Japan.
Prime Minister Nguyen Xuan Phuc said he supports the efforts of China and ASEAN in developing their foundation of connectivity in terms of mutual trust, physical connection, and human connection.
Students, lecturers, scholars and researchers have expressed their admiration for Vietnam’s glorious history and development achievements during a scientific seminar recently held at the Autonomous University of Guerrero in the Mexican state of Guerrero.
The Ministry of Industry and Trade has forecast that Vietnam’s total export revenue will grow 10-12 percent to hit a record of 239 billion USD for the whole year 2018, much higher than the set target of 214 billion USD.
The ASEAN Business and Investment Summit (ABIS) 2018 is currently taking place in Singapore during November 12-13, drawing the participation of nearly 1,000 enterprises from ASEAN member states and partners.
The southern province of Ba Ria-Vung Tau has set a goal to develop logistics into a major service sector with a focus on seaport development.
Developing eco-industrial parks would help Vietnam attract foreign direct investment and promote sustainable growth.
Investment chances in Vietnam, especially once the EU-Vietnam Free Trade Agreement (EVFTA) takes effect, were introduced to Italian entrepreneurs at a workshop in Rome on November 9.
Myanmar has signed agreements on the promotion and protection of investment with 10 countries aimed at enhancing trust among investors and promoting business operation.
Vietnam aims to have 1 million businesses by 2020, and to reach this lofty goal, more timely solutions are needed, according to Minister of Planning and Investment Nguyen Chi Dung.
Vietnam has always and will continue to consider foreign-invested enterprises as part of its economy, Deputy Prime Minister Vuong Dinh Hue told head of SME Business Switzerland at Credit Suisse Andreas Gerber during a reception in Hanoi on November 5.
Ha Nam province will create favourable conditions to attract more Japanese businesses to invest in local projects, said Vice Chairman of the provincial People’s Committee Truong Quoc Huy.
Chairman of the Hanoi People’s Committee Nguyen Duc Chung met with representatives from 30 French enterprises in various sectors in the capital city on November 3 to discuss potential cooperation between the two sides.
A workshop was held in Ho Chi Minh City on November 2 to discuss measures to further promote the development of Vietnam’s supply chain financing market in the digital age.
Vietnam’s export turnover hit 200.27 billion USD in the first 10 months of 2018, up 14.2 percent against the same period last year, according to the General Statistics Office (GSO).
Experts have judged that the national export goal and trade deficit rate next year set by the Government was feasible.
