Vietnam Trade Office in Singapore

Despite the impact of Covid-19 on global trade, European Union (EU) imports from Vietnam saw a 18.3 per cent increase in the first 10 months since the EU-Vietnam Free Trade Agreement (EVSFTA) came into force (period of August 2020 to June 2021). UK annual imports from Vietnam in 2020 amounted to 5 billion USD and are expected to reach...

A factory of Masan High-Tech Materials abroad (Illustrative photo: VNA)   Overseas investment by Vietnamese firms neared 547 million USD in the first half of 2021, rising close to 2.5 folds against the same period last year, according to the Foreign Investment Agency under the Ministry of Planning and Investment. As many as 24 new projects with a combined registered capital of 143.8 million USD were...

Lach Huyen port in Hai Phong city (Photo: VNA) The Vietnam Chamber of Commerce and Industry (VCCI) has proposed an inter-ministerial working group be founded to tackle the container shortages and stabilise logistics fees which have skyrocketed recently. This was one among the proposals VCCI sent to the Ministry of Planning and Investment regarding the project to support the Vietnamese economy in...

About 53 percent of the population engage in online sales activities. (Illustrative image) Digital transformation is considered to be among the key solutions to removing obstacles facing production and business and creating new development directions, and is being applied by many localities and enterprises amid the COVID-19 pandemic. According to a report from the Department of E-Commerce and Digital Economy at...

The Kim Thanh II international road border gate in Lao Cai province (Photo: VNA) The import-export value via the Lao Cai international border gate in the northern mountainous province of Lao Cai reached 2.08 billion USD in the first half of 2021, up 41.98 percent year-on-year. Exports surged 42.12 percent to around 895 million USD in the period, while imports were valued at nearly 317...

Although the economy is expected to grow by 5.8%, lower than expected, production is still on the rise The country’s economic growth in the second quarter of the year is expected to be lower than expected. However, the economy will also continue recovering strongly, with processing and manufacturing, and the service sector serving as key drivers of growth. At a recent...

Illustrative image (Photo: VNA) The growth of Vietnam’s industrial real estate market benefits greatly from merger and acquisition (M&A) deals and new supplies, Savills Vietnam Industrial Services Manager John Campbell has said. The market is immune from COVID-19 as many new industrial parks (IPs) have been recently opened and major projects begun operations, despite the complex developments of the ongoing pandemic. New...

 Production at Garment 10 Company. Photo: Thanh Hai UK-based lexology.com said Vietnam's economy is in a favorable position compared to other countries in attracting FDI during the Covid-19 pandemic. Disbursement of foreign direct investment (FDI) to Vietnam rose by 6.8% year-on-year in the first six-month period to US$9.24 billion, a report of the Foreign Investment Agency (FIA) under the Ministry of...

Complex regulations on intellectual property rights mean that firms should seek help from experts on marketing and market survey, so that the strategies formulated will be efficacious - PHOTOS: THANH HOA Safeguarding intellectual property rights in agriculture is not a new issue in Vietnam. However, Vietnamese agricultural producers and exporters still do not have a good grasp of the necessity...

FM Bui Thanh Son (R) welcomes FM Vivian Belakrishnan in Hanoi on June 21. Singaporean Foreign Minister Vivian Belakrishnan made the statement during talks with his Vietnamese counterpart Bui Thanh Son in Hanoi on June 21. The Singaporean diplomat highly appreciated Vietnam’s initial success in realizing the dual goal of epidemic prevention and economic recovery, thereby achieving positive growth in 2020. Singapore...