Vietnamplus

Many insiders believe that 2022 will be a promising year for the steel industry when the pandemic is brought under control and construction demand rebounds strongly.

Despite pandemic-caused difficulties, Vietnam still posted a trade surplus of 4 billion USD, an impressive achievement partly attributed to free trade agreements (FTAs), especially the new-generation ones.

The Vietnamese Ministry of Industry and Trade’s implementation of free trade agreements (FTAs) has produced positive results in the past two years, an official has said.

As a driving force of economic growth, enterprises should be more proactive in building production and business plans in the new situation given complicated developments of the COVID-19 pandemic, Minister of Industry and Trade Nguyen Hong Dien has said.

Foreign investors maintain an optimistic outlook for Vietnam’s economic growth next year though the country suffered a challenging 2021 as it was hit hard by the pandemic, according to an article posted on the website Vietnam Briefing of Dezan Shira & Associates.

Shipments of fishery products are estimated to rake in 8.89 billion USD in 2021, posting a year-on-year rise of 5.7 percent, said Nguyen Quang Hung, deputy head of the Ministry of Agriculture and Rural Development’s Directorate of Fisheries.

A virtual workshop which revealed findings of a report on digital transformation in Vietnam’s trade sector for effective implementation of new generation free trade agreements (FTAs) was held on December 13.

After months of contraction due to the COVID-19 pandemic’s impacts, production and export activities are recovering strongly, the Dau tu (Vietnam Investment Review) newspaper reported.

A recent research by Standard Chartered has listed Vietnam among the 13 markets driving future trade growth, and with its enhanced integration into the global economy, the country is holding numerous advantages for bolstering export, the Cong Thuong (Industry & Trade) newspaper said.

Despite difficulties brought by COVID-19, Vietnam’s farm produce exports to Australia enjoyed positive growth, gradually conquering one of the most challenging markets in the world.

The Party Committee and People’s Committee of Hanoi on November 6 held a dialogue to seek ways to ease difficulties for enterprises in the context of the COVID-19 pandemic, and put forward solutions to the capital city's economic development and recovery.

The Republic of Korea (RoK) has officially signed its bilateral free trade agreements with Cambodia and the Philippines in a move to deepen their economic ties.

The 15th National Assembly Standing Committee opened its third session on September 13, which is expected to last until September 22.

Vietnam’s agriculture sector along with the spices and seasonings industry have enjoyed a remarkable transition which turns the country into a supplier of those products for the global market.

Vietnam’s garment-textile and footwear have borne the brunt of COVID-19 and firms in the sectors may take a long time to recover, experts said.

A webinar discussing ways for Vietnamese and Singaporean businesses can fully tap opportunities brought by free trade agreements (FTAs) with the European Union (EU) and the UK to expand their cooperation was jointly held by the Vietnam Embassy and the Vietnam Trade Office in Singapore on August 28.

Vietnam’s aquatic product exports are likely to rake in 9 billion USD this year thanks to the implementation of new generation free trade agreements, according to experts.

As many as 315 companies has won the “Prestigious Export Business” title for 2020, according to the list unveiled by the Ministry of Industry and Trade (MoIT) on August 18.

Nearly 16.8 million TEUs of container cargo have been handled at Vietnamese seaports in the first eight months of 2021, up 18 percent from the same period last year, according the Vietnam Maritime Administration.

A workshop was held virtually by the Ministry of Foreign Affairs on August 10 to seek ways to beef up international cooperation for the development of Halal industry in Vietnam.