Vietnam’s role as a founding member of the Board reflects the consistent implementation of the CPV’s foreign policy, contributing to enhancing the country’s credibility and international image, and providing an opportunity for the country to bring into play its experiences and strengths, while learning from and deepening integration with other countries in performing shared missions.
After five years of implementation, the EU-Vietnam Free Trade Agreement (EVFTA) has significantly deepened trade relations between the two sides, with Vietnam rising to become the EU’s 10th largest export partner in 2024.
While concerns over tariffs are real and may lead some foreign investors to take a more cautious approach in disbursing capital, especially for large-scale and long-term projects, Vietnam still holds significant advantages in attracting FDI thanks to a favourable business environment and, most importantly, the Government’s strong commitment to supporting investors.
As Vietnam and New Zealand are part of the Asia-Pacific region, “finding common ground is essential, as is being honest about the reasons for any points of difference”, said former New Zealand Ambassador to Vietnam James Kember.
The Vietnamese Government leader thanked Costa Rica for recognising Vietnam’s status as a market economy and expressed his belief that economic and trade relations between the two countries will grow significantly in the time ahead.
The State visit to Vietnam by General Secretary of the Communist Party of China (CPC) Central Committee and President of the People’s Republic of China Xi Jinping on December 12-13 is expected to develop the Vietnam – China relations to a new high, according to the Global Times, an English-language publication under the CPC’s flagship newspaper - People’s Daily.
A workshop discussing measures to exploit the potential of the Vietnam - China - Russia international intermodal rail transport route was held in Moscow on November 15.
A Thailand – Vietnam business forum took place in Bangkok on August 15, focusing on ways to further promote trade relations between the two nations and closer connections between their businesses.
Trade between Vietnam and the US increased to 123.86 billion USD in 2022 from 6.78 billion USD in 2005. In particular, last year, Vietnam's exports to the US surpassed 100 billion USD for the first time.
Vice chairman of the northern province of Cao Bang Nguyen Trung Thao has suggested companies from the locality and the city of Baise in Guangxi Autonomous Region of China prioritise capital to potential sectors such as logistics, processing-manufacturing, and high technology.
Vietnam-Malaysia trade relations have been thriving over the years, especially since the two countries established their strategic partnership in August, 2015.
Vietnam's consumer market has great potential to grow, and the country has shown good resilience after the COVID-19 pandemic, according to Corey To, an economist from the Hong Kong Trade Development Council (China).
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.
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.
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.
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.
Deputy Prime Minister and Foreign Minister Pham Binh Minh led a Vietnamese delegation to attend the ministerial meeting of the group of 77 developing nations (G77) on the sidelines of the ongoing 74th session of the United Nations General Assembly in New York, the US, on September 27.
