The Tra fish industry aims to earn 1.6 billion USD from tra fish export, and produce between 1.6 – 1.7 million tonnes of tra fish products in 2022, according to Nhu Van Can, head of the Aquaculture Department of the Directorate of Fisheries under the Ministry of Agriculture and Rural Development (MARD).
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.
The Regional Comprehensive Economic Partnership (RCEP) agreement has enabled Vietnam to be connected better with global supply chains compared with other new-generation free trade agreements (FTAs), an official has said.
Prime Minister Nguyen Xuan Phuc on January 11 said the Vietnam Oil and Gas Group (PetroVietnam) needs to remain a role model in expanding markets, optimising opportunities, connecting investment, and reviving growth, among other matters.
The development of the Vietnamese “eagles” is a key task in winning the market share amid new-generation free trade agreements, heard a forum held by the Ministry of Industry and Trade (MoIT) in Hanoi on October 29.
A workshop will take place in Hanoi on July 30 to discuss cross-border e-commerce with Amazon and opportunities for exports, according to Deputy Director of the Hanoi Department of Industry and Trade Tran Thi Phuong Lan.
The veggie and fruit sector aims to gross 5 billion USD from exports this year on the back of new-generation free trade agreements, the Vietnam Fruit and Vegetable Association (VINAFRUIT) said.
The leather-footwear industry of Vietnam has established its foothold in the global market, but challenges are still lying ahead, requiring it to work harder to grasp big chances created by new-generation free trade agreements (FTAs).
Vietnam’s gross domestic product (GDP) is forecast to expand 7 percent during 2021-2025 on the back of new-generation free trade agreements, according to the Ministry of Planning and Investment’s National Centre for Socio-Economic Information and Forecast (NCEIF).
Vietnam’s export turnover of garment-textile and leather shoes during January-July grew 10.5 percent year-on-year to 18.34 billion USD, the Ministry of Industry and Trade (MoIT) said on August 9.
The participation in new-generation free trade agreements (FTAs) has proved to be a driving force for exports but also posed challenges for Vietnamese firms in meeting importers’ requirements and competing with foreign rivals right in the domestic market.
The solidarity, friendship, and cooperation between the Vietnam General Confederation of Labour (VGCL) and the Swedish Trade Union Confederation (LO) over the past 22 years has contributed to deepening and diversifying relations between the two countries, the VGCL leader has said.
The Ministry of Industry and Trade has issued a comprehensive programme in response to trade protection measures in a bid to develop several Vietnamese industries.
The National Steering Committee for International Integration will hold a meeting in the first half of April to review its performance since its inception five years ago.
Vietnam will revise some laws to implement the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and the drafts will be submitted to the National Assembly in May.
Joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will help create 17,000-27,000 jobs each year for Vietnamese workers from 2020, Director of the Institute of Labour Science and Social Affairs Dao Quang Vinh has said.
The retirement age for male and female workers could increase from 60 and 55 at present to 62 and 60 respectively from 2021, according to the Ministry of Labour, Invalids and Social Affairs (MOLISA).
Vietnam’s textile industry could not take full advantage from the new-generation free trade agreements like the Europe-Vietnam free trade agreement (EVFTA) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) if it continues dependence on imported raw and accessories, according to watchers.
Business
