With high demand, low barriers, and medium high product quality
requirements, Africa and Latin America are considered emerging markets
for Vietnamese goods. An insight by the Ministry of Industry and Trade's online Vietnam Economic News.
Vietnam attracted nearly 400 million USD in foreign direct investment
(FDI) in January. Although this was only 78.1 percent of that in the
same period last year, some projects last month were large, and this
underlined the country’s continued attractiveness to investors. Insight
by the Vietnam Economic News on February 20.
Vietnam has achieved good results in attracting and disbursing
foreign direct investment (FDI) capital. Minister of Planning and
Investment Bui Quang Vinh spoke with the Vietnam Economic News about FDI
achievements last year and attraction directions for 2014.
The Trans-Pacific Partnership (TPP) Agreement, expected to be signed
soon, will serve as a push for the Vietnamese garment sector’s growth
and sustainable development, said a senior official in the industry.
The Trans-Pacific Partnership (TPP) Agreement, expected to be signed
soon, will serve as a push for the Vietnamese garment sector’s growth
and sustainable development, said a senior official in the industry.
Vietnam is negotiating key free trade agreements (FTAs) with big
partners, and once these deals are signed, they will put mounting
pressure on the agricultural sector.
ASEAN-led free trade agreements (FTAs) have been generally underused by
the region’s small and medium-sized enterprises (SMEs) although there
are currently 92 FTAs involving the association and its member states
(AMSs).
Seven years after Vietnam gained full membership of the World Trade
Organisation (WTO), its agricultural sector still had not taken full
advantage of the economic integration, said Deputy Minister of
Agriculture and Rural Development Nguyen Thi Xuan Thu.
Chinese Premier Li Keqiang left Hanoi on October 15, concluding his
three-day official visit to Vietnam at the invitation of Prime Minister
Nguyen Tan Dung.
The Asia-Pacific Economic Cooperation (APEC) Senior Officials’ Meeting
and the 25th APEC Ministerial Meeting (AMM 25), which recently wrapped
up in Bali, Indonesia, have affirmed APEC’s role as a driving force for
global growth.
ASEAN dialogue partners pledged to continue supporting the association’s
building of a community by 2015 and its central role at ASEAN+1
Ministerial Meetings in Brunei on July 1.
Delegates at a seminar in Ho Chi Minh City on June 17 learnt about
utilising Free Trade Agreements (FTAs) through the analysis of
enterprises’ enhanced competitiveness, effective use of human resources
and how to turn Vietnam into an attractive investment destination.
Singapore's economy is expected to grow at 1-3 percent in 2013 and
an average of 3-4 percent for the rest of the decade, according to Trade
and Industry Minister Lim Hng Kiang.
External activities in 2013 will continue to play a part in maintaining
a peaceful and stable environment for national development, said
Foreign Minister Pham Binh Minh.
Vietnam hopes to integrate extensively and comprehensively
with the world, focusing on international economic integration, said
Foreign Ministry’s spokesperson Luong Thanh Nghi on November 8.
Officials and business representatives from 10 ASEAN member countries
gathered in Siem Reap , Cambodia on Jan. 16 to discuss
opportunities and challenges from free trade agreements (FTAs) as well
as ways that ASEAN will benefit from the agreements.
The leaders of Australia, Brunei, Chile, Malaysia, New Zealand, Peru,
Singapore, Vietnam and the US on Nov. 12 announced the broad outlines of
their Trans-Pacific Partnership (TPP) agreement, according to the
Vietnamese Ministry of Industry and Trade.
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