CPTPP opens up opportunities for agricultural products Business

CPTPP opens up opportunities for agricultural products

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is opening up many opportunities for Vietnam’s agricultural products to reach global markets. However, agricultural products are the most vulnerable commodity when it comes to trade disputes.
EVFTA opens door for businesses to join global value chains Business

EVFTA opens door for businesses to join global value chains

The conclusion of the EU – Vietnam Free Trade Agreement (EVFTA) marked the end of an arduous journey with three years of negotiations and another three years for preparation to reach the signing, according to Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc.
Firms urged to be more active under FTAs’ pressure Business

Firms urged to be more active under FTAs’ pressure

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.
Vietnamese SMEs shown how to enter global supply chains Business

Vietnamese SMEs shown how to enter global supply chains

Vietnam is among the top countries attracting foreign direct investment in the Asia-Pacific region, but the rate of domestic small- and medium-sized enterprises (SMEs) participating in the value chains of foreign-invested companies is rather low, according to the Investment and Trade Promotion Centre of Ho Chi Minh City (ITPC).
Vietnam, Japan agree to expand economic bond Business

Vietnam, Japan agree to expand economic bond

Deputy Prime Minister and Foreign Minister Pham Binh Minh and Japanese Foreign Minister Taro Kono held talks and co-chaired the 11th meeting of the Vietnam-Japan Cooperation Committee on May 30 in Tokyo.
Vietnam develops modern supply system for farm produce Business

Vietnam develops modern supply system for farm produce

Vietnam needs to develop a system of modern agricultural product supply centres which can help to promote the consumption of farm produce in value chains, enhance food safety and hygiene, and improve the competitive edge of Vietnamese goods.
Vietnamese enterprises have low productivity: report Business

Vietnamese enterprises have low productivity: report

The productivity and competitiveness of Vietnamese enterprises remain low, according to a report on the manufacturing and processing industries which was publicized on April 26 by the Vietnam Academy of Social Sciences, the Ministry of Planning and Investment and the UNDP.
Exchange rate to be stable in 2019 Business

Exchange rate to be stable in 2019

The Vietnamese Dong would remain stable against the US dollar in the near future, supported by the country’s robust foreign direct investment (FDI), a healthy current account surplus, and by the central bank’s active intervention, experts forecast.