Trade - Service

Not only witnessing a sharp increase in trade turnover, there has been a greater diversification in export market.

Vietnam would be the second fastest growing economy in ASEAN.

Vietnam would restructure the services sector based on modern technologies under the Industry 4.0, especially in fields of finance-banking, insurance, healthcare, education, transportation, trade and tourism.

VinCommerce operates about 2,300 convenience stores and supermarkets across Vietnam, accounting for 50% of the country's retail market share.

Vietnam is calling for investment from African enterprises as the country is the gateway to Asian market, especially ASEAN with 650 million customers.

The number of imported cars in March are nearly the combined figure in the first two months of the year.

The biggest challenge for Vietnam’s economy in 2021 is whether the country could deal with another resurgence of Covid-19 outbreak.

Global uncertainties are forcing financial centers around the world to redefine their activities, as such, Vietnam should grasp this opportunity to build a continental-level finance center to attract investment capital.

SMEs are having huge opportunities for development with the presence of free trade agreements, the Industry 4.0 and new business models.

It would be ideal for Vietnam to gradually reopen its borders from the third quarter of this year and adopt an open visa policy.

The agreement marks a beginning of a new phase of cooperation between Vietnamese and Russian enterprises, aiming to resume tourism activities and safe travel between the two countries.

Vietnam-Canada trade relations have reached US$9 billion, marking a fruitful result created by the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.

Vietnam’s export growth in this year is set to be around 13-15% year-on-year, the largest expansion since 2017.

Ninety percent of imported cars in Vietnam in February came from Thailand, Indonesia and China.

The Vietnamese authorities require the shipping companies to provide relevant documents on listed prices,

Under the initiative, customers and business people will be informed about American products currently available in the Vietnamese market, promotions from the American Agricultural Trade Promotion Associations, and the opportunities for Vietnamese businesses.