RCEP provides Vietnam with strategic opportunity in shaping regional trade structure
The deal could be the new driver for Vietnam’s economy to speed up the recovery process and thrive in the post-pandemic period.
The deal could be the new driver for Vietnam’s economy to speed up the recovery process and thrive in the post-pandemic period.
Customers must scan a QR code to make medical declarations in accordance with Covid-19 prevention regulations.
There are indications that cane sugar from Thailand was imported into Vietnam through a third country.
Vietnam should further diversify its import markets to reduce trade risks in the future.
Agriculture has been a prominent field in Vietnam-Africa cooperation with many projects in execution.
Trade relations between Vietnam and the EU remain strong, reaching more than US$42 billion in 2020.
The ASEAN Trade in Goods Agreement (ATIGA) is a major driving force that is aimed at facilitating trade among country members.
UNIDO, as the UN system’s industrial development arm, has a key role in supporting the next development phase of Vietnam’s industrial sector.
As of July 2021, Vietnam’s export items have been subject to 207 trade probes from abroad, 77% of which, or 160, were conducted since 2011.
Vietnam attends a ministerial-level talk of the 11-member Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
Vietnam’s trade outlook for the remainder of the year is projected to have intertwined challenges and opportunities, with the country’s efforts to contain the pandemic the most important factor.
Given the current Covid-19 impacts on the economy, closer supervision on products having significant impacts on the economy is required.
With the funding, local banks have issued 974 guarantees valued at US$686 million to support exporters and importers.
Localities should prioritize public investment in the infrastructure of transport, electricity, water, and telecommunications.
Potential disruption of supply chains as a result of the pandemic is making it hard for local enterprises to fulfill their contractual obligation to partners.