Trade

Phones and parts posted the largest export turnover among export items during January with US$6.1 billion, up US$3.4 billion against the same period of last year.

Amid heightened uncertainty, continued policy support is essential to bolster the nascent economic recovery and facilitate the transition to the post-pandemic new normal.

The 4th protocol amendment is expected to create a stable and predictable climate for trade and services and prepare for the integration and liberalization of the services sector in the future.

Public investment, trade and domestic consumption remain key for Vietnam’s economic recovery in 2021.

The top priority at this time is ensuring social security, keeping the macroeconomic environment stable, and supporting businesses that are still in operation.

The success of Samsung and Intel has led to other tech giants, such as Google and LG, shifting their supply chain to Vietnam.

While key economic indicators in January remains positive, the economy is set to go through a rough path amid a Covid-19 resurgence.

Imported sturgeons without a clear origin and undergoing safety standards pose major risks to the health of customers, environment and local fish farmers.

The majority of imported cars in Vietnam in the final month of the year came from Thailand (7,696 cars), and Indonesia (2,353) and China (1,158).

Trading activities were among the highlights of the economy in 2020 with an all-time high trade surplus of US$19.1 billion and contributed to a positive economic growth of 2.91%.