Promising future for Vietnam-Finland cooperation
Despite the Covid-19 pandemic, bilateral trade turnover rose by 61.2% year-on-year to US$285 million in the first six months of this year.
Despite the Covid-19 pandemic, bilateral trade turnover rose by 61.2% year-on-year to US$285 million in the first six months of this year.
Vietnam would stay active in cooperating with the US to address the latter’s concern in a comprehensive way to ensure a balanced trade relationship.
The pace of export will depend on the recovery of the global economy and the competitiveness of Vietnam’s export staples.
The current Covid-19 outbreak has inevitably caused a sharp drop in consumer spending and a potential rise in living costs, but exports remained a driving force for growth with consistent performance.
Measures are mapped out to boost Vietnam-South Korea's strategic partnership as the two countries are scheduled to celebrate the 30th anniversary of diplomatic relations (1992-2022).
A flexible approach in managing the twin goal helped the country keep the economy intact in the most complicated Covid-19 outbreak yet.
Once Vietnam is able to contain Covid-19, the country would regain its growth momentum quickly, stated the HSBC.
Vietnam plans to organize a digital investment conference in Q3 this year, promoting investment into industrial parks or economic zones online.
The current Covid-19 situation is threatening Vietnam’s efforts of realizing the twin goal of boosting economic growth along with putting the pandemic under control.
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.