On December 29, a free trade agreement (FTA) between Vietnam and the United Kingdom was officially signed by representatives of the two countries. The FTA will take effect from 23:00 of December 31, 2020.

The 2020 trade balance enjoys a surplus of about 19.1 billion USD, marking the highest level in 5 consecutive years since 2016, according to the Ministry of Planning and Investment’s General Statistics Office (GSO).

OCOP products feature the combination of indigenous resources and traditional culture with the application of science and technology; creating diverse, rich, and quality products, beautiful packaging design, and traceability, reported Vietnam News Agency.

(CPV) - Businesses added more than 5.5 quadrillion VND to the economy in 2020, a year-on-year increase of 39%, reported the General Statistics Office (GSO).

(CPV) – Thanks to trade agreements, Vietnam’s seafood export is forecast to increase by 10% in 2021, reaching more than 9.4 billion USD, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

(CPV) – The Consumer Price Index (CPI) in December 2020 rose by 0.1% compared to the previous month and increased by 0.19% compared to the same period last year, reported a representative of the General Statistics Office (GSO).

A 2.4 trillion VND (104.5 million USD) solar power plant was inaugurated in Van Ninh district, the central province of Khanh Hoa, on December 26.

The purchasing power in the domestic market is expected to increase by between 15-20 percent from now until the 2021 Tet (Lunar New Year), with food products seeing the strongest rise, said Tran Duy Dong, Director of the Ministry of Industry and Trade (MoIT)’s Domestic Market Department.

(CPV) – The southern province of Binh Phuoc will call for 2 billion USD of investment in 80 projects in processing-manufacturing, support industry, and high technology agriculture, said the provincial leaders.