Trade - Service

Lack of market standards and cultural understanding are the main reasons challenging Vietnamese exporters.

There has been a significant shift in the country’s approach to trade promotion, including the adoption of IT and digitalization in trading activities.

Similar activities will take place in the city including Vietnamese Goods Week in Long Bien District with 100 stalls from December 16 to 20.

A widening gap in digitalization between Vietnam and advanced countries could further leave Vietnam behind in its quest for prosperity.

The US aircraft leasing company stressed its commitment to the strategic partnership with Vietnam Airlines.

Vigilance in social distancing, testing, and quarantining is important to avoid a new wave of infections affecting lives and forcing new restrictive measures.

The EU-Vietnam Free Trade Agreement is seen as the key factor that spearheads a promising period in Vietnam – Germany trade relations.

Rapid vaccination in September and October presumably slowed the spread of the virus, but the sharp rise of new cases still forced some provinces to reinstate lockdowns.

Despite continuing to struggle with the Covid-19 impacts, 43% of business leaders in a survey remain optimistic about the future as they expect the recovery time would be around one to six months.

The large-scaled fair provides chance for local enterprises and handicraft producers to show the creativity and talent of artisans.

Vietnam has established trading activities with all 33 countries in the region, with two-way trade turnover rising over 63-fold from $245 million in 2000 to $15.6 billion in 2020.

Many activities will be held next year, marking the restart of the tourism-aviation industry after a long closure due to Covid-19.

Many local airlines are asking for restoring international air connections with Vietnam.

There is a high chance that the bilateral trade turnover could surpass the US$100-billion mark for the first time right this year.

Most of the items put on sale at the store chain are the results of the Vietnam Trade Office's efforts in supporting businesses during the year.

Despite the severe Covid-19 impacts, Hanoi aims to end the year 2021 on a high note by setting the growth target at 3%.

After the conclusion of events aimed at promoting Vietnamese lychees at Asian supermarkets, the Vietnam Trade Office and the Vietnamese Embassy in France will introduce the product within the framework of the Vietnam Food Festival 2021 in Paris.

The GDP growth is set to expand by 4-4.5% in 2022, along with inflation rates of 3.4-3.7%, or a rise from an estimated 2% rate this year.

The US is satisfied with the progress made by Vietnam in addressing the former’s concern over trade issues.

The upcoming program is expected to cover all fields that are in need of support and have the potential to recover during the post-pandemic period.