Italian enterprises are seeking business opportunities in Vietnam, especially in leather, footwear and interior décor, sectors which are expected to benefit once the European Union – Vietnam Free Trade Agreement (EVFTA) is signed.
The EU-Vietnam Free Trade Agreement (EVFTA) was concluded and officially signed in Belgium’s Brussels on June 25. The deal is considered a comprehensive and high-quality deal which ensures mutual bene
Vietnamese textiles firms were updated on the potential prospects, advantages, and barriers that are to brought about by the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the European Union-Vietnam Free Trade Agreement (EVFTA) at a workshop in Hanoi on July 18.
Boosting cooperation between Vietnam and India in the garment and textile sector will be one of the priorities in efforts to raise bilateral trade value to 15 billion USD by 2020, said Parvathaneni Harish, Indian Ambassador to Vietnam.
Vietnam enjoyed a trade surplus of 3.37 billion USD in the first two quarters of 2018, the highest level over the last five years.
The Republic of Korea (RoK) and Singapore have agreed to enhance cooperation in the financial technology (fintech) sector, according to the RoK’s Financial Services Commission (FSC).
As a country engaged in the development of the global value chain, Vietnam is likely to be affected by the US-China trade war, stated Minister of Industry and Trade Tran Tuan Anh.
Warm bilateral ties coupled with significant spending by the Republic of Korea on farm produce imports are creating great opportunities for Vietnamese exporters.
According to the Vietnam Leather, Footwear and Handbag Association (Lefaso), the country’s leather industry is enjoying good chances to benefit from the shift of orders from China as a result of the tendency of moving to the production of high-tech goods.
The Commerce Ministry of Thailand is considering to reduce the period for coconut imports and introduce tighter control on importers to address the domestic coconut price slump.
President of Sri Lanka Maithripala Sirisena and Thai Prime Minister Prayut Chan-o-cha have reaffirmed their commitment to raise two-way trade to 1.5 billion USD by 2020, along with achieving a trade balance.
Footwear enterprises from the Republic of Korea (RoK) are operating effectively in Vietnam and their investment flows to the country are expected to increase strongly once the EVFTA is signed.
French Ambassador to Vietnam Bertrand Lortholary highlighted the relations between Vietnam and France, stressing they have seen substantial progress in multiple fields, during an interview granted to the Vietnam News Agency on the occasion of French Independence Day (July 14).
The 10th strategic dialogue between Vietnam and Russia took place in Moscow on July 10.
Vietnam and the Republic of Korea (RoK) have secured successful outcomes in the textiles sector based on their establishment of a cooperative system that supplements one another with technology and human resources.
Domestic businesses recorded a 19.9-percent rise in their exports over the first half of 2018, higher than the export growth rate among FDI firms of 14.5 percent, according to the Ministry of Industry and Trade (MoIT).
European firms continued to be optimistic about the business environment in Vietnam, according to the EuroCham’s latest Business Climate Index (BCI).
Vietnam has made it onto the list of the world’s five biggest textile exporters and producers, with textile and garment export turnover hitting 16 billion USD in the first half of 2018, up more than 14 percent year-on-year.
