Trade - Service

The implementation of the RCEP Agreement starting January 1 next year will give a tremendous boost to the post-Covid-19 economic recovery efforts.

The move is of significance as both countries would celebrate the 50th anniversary of diplomatic relations and the 10th anniversary of strategic partnership by 2023.

Intellectual property, labor rights, and environmental protection are issues that Vietnam should focus on to meet requirements from the EU-Vietnam Trade Agreement.

The signing of a series of agreements in various fields shows the strong growing Vietnam-UK relations.

The move enables Dentons to continue its momentum in ASEAN, helping clients to navigate challenges in five regional countries namely Indonesia, Malaysia, Myanmar, Singapore, and Vietnam.

Given its central geostrategic location, a burgeoning economy, and large population, Vietnam is fast becoming a key partner of the UK in the Indo-Pacific region.

The EU-Vietnam Free Trade Agreement (EVFTA) and the upcoming EU-Vietnam Investment Protection Agreement (EVIPA) would lay the foundation for Vietnam to continue attracting foreign direct investment (FDI) from Europe.

Airports achieving this accreditation are one step closer to opening their doors to foreign travelers through the “Vaccine passport” pilot launched in Phu Quoc.

Vietnam’s export turnover may expand by 10% this year, exceeding the original target of 4-5% set by the Government.

Localities with high vaccination coverage in workers are no longer required to adopt the 3-on-site principle, said Deputy Prime Minister Le Van Thanh.

The Government is expected to soon issue an overall economic recovery plan, which serves as the basis for localities to carry out their own push for economic development.

Apart from the benefits of being a fast-moving and vibrant economy, Vietnam also offers a rich topographic diversity with mountains, jungles to beaches, wonderful food, and very hospitable people.

Strong commitments to uphold multilateralism and fight climate change are factors to spur the Vietnam-Germany relations in the next decade.

Close cooperation between Vietnam and US businesses would contribute to speedy economic recovery in each country and keeping the global supply chains intact.

The pandemic has revealed the limitations of the current global supply chains.

The strong progress in Vietnam-US relations was thanks to the strategic visions of both Governments and the active participation of businesses from the two countries.

Higher FDI commitments have been driven by increasing capital flow into manufacturing.

Vietnam strives to ensure 100% of the people have access to the internet by late 2021.

Vietnam identifies digital infrastructure, databases, and platforms as a key part to accelerate digitalization.

The shopping season during the year-end festivals could lead to higher consumer spending, which in turn serves as a driving force for growth in the remainder of the year.