Associate Professor, Dr. Chu Hoang Long from the Australian National University (ANU) on May 23 expressed his belief that the EU-Vietnam Free Trade Agreement (EVFTA), once effective, will boost two-way trade thanks to eased tax barriers.
Malaysia will chair a virtual senior officials' meeting of Asia-Pacific Economic Cooperation (APEC) economies, its Ministry of International Trade and Industry said on May 21.
Hanoi’s agriculture sector is facing a host of difficulties from the COVID-19 pandemic that require it continue with restructuring and switch to new crops to ensure growth.
Vietnam is expecting to welcome a new wave of high quality foreign direct investment in the near future according to some economists thanks to the country’s internationally acclaimed efforts to fight COVID-19, a new factor to assess business risks.
Regardless of the Covid-19 pandemic, Vietnam is forecast to be one of the fastest-growing economies in Southeast Asia, according to international organisations.
International media has continuously praised Vietnam for its successful containment of COVID-19, which can make it a reliable destination for investors seeking to resume production.
Vietnamese Ambassador to India Pham Sanh Chau shared post-COVID-19 development policies that Vietnam is carrying out at an online seminar held by the International Chamber of Media and Entertainment Industry of India (ICMEI) in New Delhi on May 7.
The Ministry of Industry and Trade (MoIT) and the Vietnam Chamber of Commerce and Industry (VCCI) on May 7 signed a cooperation agreement to support businesses after the COVID-19 pandemic.
Prime Minister Nguyen Xuan Phuc, while chairing a cabinet meeting in Hanoi on May 7, spoke of easing certain measures introduced to tackle the COVID-19, including the removal of social distancing measures at schools.
Despite the impacts of Covid-19, Vietnam recorded growth of 3.82 percent in the first three months of 2020. Economic recovery plans are also being developed for after the pandemic.
Even when a crisis peaks and begins to decrease, it continues to negatively impact and deeply erode an economy, severely injuring businesses. It’s happened in the past, and businesses need to be aware of it to avoid being trapped.
Amid the complicated developments of Covid-19, border guards are making great efforts to control the country’s border area in order to prevent the disease from spreading in Vietnam.
The Hanoi Formula 1 (F1) race is expected to be a golden chance to help Vietnam affirms and promotes its image as a safe and attractive destination for both domestic and foreign tourists in the context of the COVID-19 epidemic.
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