Vietnam is expected to surpass Japan to become the third largest trade partner of the Republic of Korea (RoK), just behind China and the US, according to the newswire world.kbs.co.kr.
Vietnam is expected to surpass Japan to become the third largest trade partner of the Republic of Korea (RoK), just behind China and the US, according to the newswire world.kbs.co.kr.
Vietnamese Ambassador to Chile Pham Truong Giang expressed his delight at the fine development of the two countries’ relations in various fields, at a ceremony on September 13 to celebrate Vietnam’s 77th National Day (September 2).
Focusing on the Asian region, particularly ASEAN member states, including Vietnam, is Canada’s strategy in seeking dynamic partners. The initiative was affirmed in Canada’s 44th parliament and during an online discussion on Asia policy held recently by Canada-ASEAN initiatives in cooperation with the Vietnam-Canada Friendship Association.
Trade between the Association of Southeast Asian Nations (ASEAN) and China’s Shanghai remained strong this year despite being affected by the COVID-19 pandemic, according to Xinhua news agency, which quoted data from Shanghai Customs.
Trade between Vietnam and China has produced positive results, despite long-lasting difficulties caused by the COVID-19 pandemic, with Vietnam affirming its position as China’s largest trade partner in ASEAN.
Thailand is currently Vietnam's largest trade partner in ASEAN with a total bilateral trade revenue of 17.3 billion USD in 2018 and a target of 20 billion USD in 2020.
Trade between Vietnam and Myanmar reached 860 million USD in 2018, making Vietnam the 9th largest trade partner of Myanmar, it was reported at a meeting between Deputy Prime Minister Vuong Dinh Hue and Myanmar Minister of Planning and Finance Soe Win on June 18.
Two-way trade between the Republic of Korea (RoK) and Vietnam increased 7 percent in the first 11 months of this year compared with a year ago, the Korean Ministry of Trade, Industry and Energy announced on December 19.
The Vietnam-Canada relations have seen development in various sectors, especially in economy and trade, in the past 45 years. Vietnam is currently the largest trade partner of Canada in the ASEAN.
Reform of administrative procedures to facilitate origin certification granting, customs procedures and related process is recommended by experts in order to increase export to China, a potential market with considerable risks.
Since Vietnam and Singapore set up the Strategic Partnership in 2013, the two countries have enjoyed effective ties in various sectors, from politics, defence-security to trade and education.
The Republic of Korea has surpassed the US, the European Union and ASEAN for the first time to become Vietnam’s second-largest trade partner, after China.
Vietnam is expected to become the EU’s largest trade partner in the Association of Southeast Asian Nations (ASEAN) once the EU-Vietnam Free Trade Agreement (EVFTA) comes into effect in 2018, according to Minister of Industry and Trade Tran Tuan Anh.
The Republic of Korea (RoK) surpassed the US to become the second largest trade partner of Vietnam, with two-way trade hitting 29.1 billion USD in the first six months of this year.
Videos
