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.
Vietnam will remain at the centre of Asian supply chains and one of the most competitive manufacturing locations in the Asia-Pacific region, said analysts at the Economist Intelligence Unit in a report on the country released on January 13.
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.
The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) sets to increase pre-tax profit by 12 percent year-on-year to 25.2 trillion VND this year, said Director-General Pham Quang Dung at a Hanoi conference on January 11.
Credit growth in Vietnam may reach 13-14 percent this year, partly driven by progress with the COVID-19 vaccine, according to a 2021 banking outlook report released by the SSI Securities Corporation on January 6.
The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) recorded a bad debt ratio of 0.6 percent last year, the lowest so far and in the sector, compared to 0.78 percent in 2019.
Professor Vladimir Mazyrin, leader of the Centre for Vietnamese and ASEAN Studies of the Far East Institute of the Russian Academy of Sciences, has described the results of economic development of Vietnam in 2020 as an extraordinary success.
Six Vietnamese firms are among exhibitors at a virtual international agricultural expo in Algeria held by Andalus Trade, Show, Exhibits and Events (Andalus Tsee) from January 1 – 31.
Vietnam and Cuba sought measures to increase two-way trade to 500 million USD in 2025 during the 38th meeting of the Vietnam-Cuba Inter-Governmental Committee, held online on December 30.
The General Department of Vietnam Customs has put forward various policies to accelerate public administrative reforms and support domestic exporters and importers since the beginning of this year in response to the impacts of the COVID-19 pandemic.
The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has recently been honoured at four categories of the multinational financial services corporation Visa Inc.
German daily newspaper Junge Welt (Young World) recently published an article noting that life in Vietnam has returned to normalcy, with economic growth being carried primarily by domestic demand and higher government investments.
The Embassy of Vietnam in Myanmar on December 17 hosted a webinar on “Foreign Investments in Myanmar in the Context of COVID-19 Pandemic”, bringing together officials from both countries.
Relevant agencies have rolled out various solutions this year to help taxpayers cope with the adverse impact of COVID-19, a forum on tax policy held in Hanoi on December 18 heard.
The central bank of Thailand (BoT) said on December 17 it did not see a big impact on foreign trade and investment from being put on a US currency watch list.
Export revenue in 2020 is estimated to reach 267 billion USD while imports are to reach 260 billion USD, resulting in a trade surplus of some 7 billion USD, according to Deputy Minister of Industry and Trade Do Thang Hai.
Optimising quality of logistics services is a requisite measures to boost Vietnam-EU trade amidst the COVID-19 pandemic, experts said at the online business matching forum held on December 9.
The sugar industry is facing many challenges and unfair competition from imported and smuggled goods, experts told a conference held in Hanoi on December 1.
Vietnam is jubilantly enjoying “the wheel of globalisation,” said Trinh Minh Anh, Chief of Office at the National Steering Committee on International Integration in Economy.
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