Vietnamplus

Prime Minister Pham Minh Chinh received US Secretary of Commerce Gina Raimondo in Washington DC. on May 11 (local time), during his trip to the US.

The Ministry of Industry and Trade will focus on solutions to tighten Vietnam’s economic and trade relations with European and American partners, Minister Nguyen Hong Dien has affirmed.

A Vietnamese consumer goods week kicked off at the Carrefour supermarket in Collégien city of France on November 4, with the presence of Minister of Industry and Trade Nguyen Hong Dien, in the framework of Prime Minister Pham Minh Chinh's official visit to France.

Vietnam and India are emerging as economic powers in the region that will make a difference in the post-pandemic times, The Economic Times cited Indian Ambassador to Vietnam Pranay Verma as saying.

The US Trade Representative (USTR), in its report released on January 15 on findings in the Section 301 investigation of Vietnam’s acts, policies, and practices related to currency valuation, did not mention or recommend the imposition of tariff or any sanction measures on Vietnam’s exports, the Ministry of Industry and Trade said on January 16.

British Ambassador to Vietnam Gareth Ward has expressed his belief that the UK – Vietnam Free Trade Agreement (UKVFTA), which was officially signed in London on December 29, will bring many benefits to the two countries’ trading relationship in the future.

Since its entry into force on August 1, the European Union (EU) – Vietnam Free Trade Agreement (EVFTA) has brought first successes, reflected by the strong growth of Vietnam’s exports to the EU in recent months and opened significant opportunities for sustainable development in bilateral trade.

A delegation of the Vietnamese Embassy in South Africa, led by Ambassador Hoang Van Loi, paid a working visit to Eastern Cape and Western Cape provinces from November 22-29 to seek opportunities for further strengthening investment, trade and tourism cooperation between the two countries.

Vietnamese businesses introduced their potential and strong export products in various fields to Israeli partners at a Vietnam-Israel consumer goods trade exchange that was held virtually on November 23.

Chinese Minister of Foreign Affairs Wang Yi paid an official visit to Thailand on October 14-15 at the invitation of Thai Deputy Prime Minister and Minister of Foreign Affairs Don Pramudwinai.

Trade and investment relations between the UK and Vietnam will differ post-Brexit. A number of dialogue forums on policies and markets have been organised by the two countries, helping their businesses gain a clearer and more thorough understanding of the opportunities and challenges to come.

In the first six months of 2020, Vietnam's export volume to ASEAN countries was estimated at nearly 11 billion USD while its import volume from the bloc was over 14 billion USD.

The past 25 years have witnessed strides made in economic and trade cooperation between Vietnam and the US. contributing remarkably to bolstering bilateral relations, Minister Counsellor in charge of trade affairs Bui Huy Son has said.

A teleconference on trade promotion between Vietnam and Japan in support industries opened on July 7.

Minister of Industry and Trade Tran Tuan Anh on May 15 talked on the phone with Romanian Minister of Economy, Energy and the Business Environment Virgil - Daniel Popescu.

The European Union-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA), scheduled to become effective in July, will help improve Vietnam’s business and investment climate and boost its institutional reform, thus contributing to fostering its growth in a long term, according to an official.

Joining new-generation free trade agreements (FTAs) ​​will help Vietnam diversify its economic and trade relations, especially expanding import and export markets, avoiding excessive dependence on a specific region and helping the economy cope better with external fluctuations.

The European Union-Vietnam Free Trade Agreement (EVFTA) will boost the demand for logistics services and significantly impact on Vietnam's logistics industry, said a trade official.

Vietnam and the US recently unveiled the logo of the 25th founding anniversary of their diplomatic ties (July 2020), which also marks 25 years since the normalisation of bilateral diplomatic relations

Vietnam can become a gateway for Indian businesses and goods to enter other large markets, according to Do Quoc Hung, head of the Asia-Africa Market Department under the Vietnamese Ministry of Industry and Trade.