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WB: EVFTA could lift Vietnam’s exports by 12 percent by 2030
26/05/2020
The World Bank (WB) has predicted that the EU-Vietnam Free Trade Agreement (EVFTA) could help Vietnam’s GDP and exports grow 2.4 percent and 12 percent, respectively, by 2030, the Ministry of Industry and Trade (MoIT) has reported.
Wood industry targets USD10.5 billion in export turnover in 2019
15:39 19/01/2019
In 2019, Vietnam’s wood and forestry industry aims to gross USD10.5 billion in exports, up USD1.2 billion compared to the previous year.
CPTPP brings opportunities, challenges to Vietnam’s agriculture
08:51 17/01/2019
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has recently taken effect in Vietnam, which will bring about both opportunities and challenges for many fields, including agriculture.
Cultivation targets USD21 billion in export revenue
16:35 10/01/2019
The Department of Crop Production under the Ministry of Agriculture and Rural Development (MARD) has set the goals of 1.7 percent production growth and USD21 billion in export revenue for the cultivation sector in 2019.
Promoting overseas Vietnamese resource - a highlight in 2018
12:24 08/01/2019
(CPV) - In 2018, the overseas Vietnamese work continued to be paid special attention by leaders of the Party and the State. Under the leadership of the Ministry of Foreign Affairs along with the activeness and positiveness of related agencies and Vietnamese representative missions abroad, this work has made a remarkable change in many aspects.
Vietnamese firms’ presence in global chains remains modest
15:45 06/01/2019
Only about 300 of the over 1,800 businesses working in supporting industries in Vietnam have joined production chains of multinational enterprises, a figure described by analysts as too modest.
Government issues new resolution on improving national competitiveness
19:30 03/01/2019
The Government on January 1st issued a resolution setting targets for improving the business environment and national competitiveness for 2019 through to 2021.
Manufacturing sector draws most interest from foreign investors
10:53 28/12/2018
The manufacturing and processing sector garnered the most interest from foreign investors in 2018, attracting USD16.58 billion, or 47 percent of the registered capital.
No sudden impacts on Vietnam from FED rate hike
06:06 22/12/2018
The Vietnamese monetary market will not suffer from any significant impact from the US Federal Reserve (FED)’s fourth interest rate hike in 2018 as the move was already expected, experts have said.
Local firms prepare for CPTPP’s strict regulations
09:22 19/12/2018
The Comprehensive Progressive Trans Pacific Partnership (CPTPP) promises great benefits for Vietnamese firms, but many regulations on technical barriers and social responsibility will have to be met in order to take full advantage of the trade deal, experts said at a conference in HCM city on December 15th.