PM urges efforts to support trade, investment activities
The move would help create a driving force for economic growth across the three pillars of investment, exports and consumption.
The move would help create a driving force for economic growth across the three pillars of investment, exports and consumption.
The US remained Vietnam’s largest export market, with a revenue of $7.6 billion, while China was the top supplier of imported products at $8.1 billion.
South Korea is currently the largest foreign investor in Vietnam, with total FDI commitments of $80.5 billion, and the third trade partner with a total turnover of $88 billion in 2022.
The authorities would organize a series of training courses and conferences on software applications and digitization for those directly involved in the trade promotion ecosystem.
The country recorded a trade surplus for the seventh consecutive year of almost US$11 billion.
The visit of Ugandan President would open a new development phase for the two countries amid the upcoming 50th anniversary of diplomatic relations (1973-2023).
Bilateral trade turnovers between Vietnam and the Philippines are now worth $7 billion, and there is still room to grow.
Linkage programs will remove inter-provincial trading barriers and boost consumption in the capital city.
The cross-border interoperable QR code payment linkage between the two countries would promote trade, tourism, and the use of the local currencies of each country.
Amid a dim global economic outlook, Vietnam continues to maintain macroeconomic stability, a low inflation rate, and ensure food and energy security.
Hanoi is among the destinations of a UK trade mission during its five-day visit since November 9, seeking opportunities in smart city development and encouraging the country’s adoption of smart city standardization.
Because of the global trade woes and rising transportation fees, the Chinese market has become more important due to its proximity to Vietnam.
Over time, two-way trade has grown exponentially, and New Zealand exporters now have better market access thanks to the CPTPP and other trade agreements.
As of November 7, the city has received an additional supply of over 1,000 cubic meters of petrol and oil.
Vietnamese businesses have equipped some levels of understanding and adoption through the regional platform that displays multiple sectors and markets.
The Ministry of Industry and Trade is committed to ensuring sufficient supplies of petroleum products for the domestic market.
Vietnam's trade relations with most European markets have experienced positive growth, not only with Germany, the Netherlands and France, but also other markets in northern, central and southern Europe.