Trade

Vietnam is a key beneficiary of the Regional Comprehensive Economic Partnership (RCEP).

Vietnam needs to pay special attention to the risk of imported inflation as the current low inflation in the country is partly due to low consumer demand.

The free-to-access online information portal will be accessible at https://vntr.moit.gov.vn.

The city’s investment, trade, and tourism promotion activities will focus on gathering the participation of Vietnamese businesses at home and abroad.

Australian businesses consider Vietnam one of the most potential markets for investment and trade.

The number and the scale of supply chains of safe agro-forestry-fishery products with traceability in the city in the 2021-2025 period are expected to increase by 10% per year.

The establishment of inland container depots (ICD) will shorten the customs clearance process for businesses in Hanoi and surrounding areas.

The contracts will contribute to a balanced bilateral trade and economic relations for sustainable and mutual benefits.

Local firms are taking advantage of opportunities from the deal at a time when trading activities are struggling with Covid-19 impacts.

Vietnam’s strong fundamentals remain and the country has built an enviable position in the global supply chain over the past years through its set of FTAs.