Trade - Service

As international sea transport is facing difficult times, there are a surge in demand for international goods transport from Vietnam to the EU.

For the first six months of 2021, Vietnam-EU trade turnover rose by 18.4% year-on-year to US$27.67 billion.

More opportunities are arising to strengthen cooperation between Vietnam and the US in finance- and monetary related issues to boost their respective economic recoveries in the post-Covid-19 pandemic.

Hanoi's authorities advise people against stockpiling goods and gathering at supermarkets and stores to avoid disease transmission.

Local businesses have promptly applied omni-channels to adapt to the new normal situation.

The aviation industry needs to prioritize recovering the domestic and international air transport market in the short term.

Such a large corporation would serve as a market-leading player and reduce the dependence of foreign firms or multinationals for distribution.

Japan, Singapore, and New Zealand reaffirmed their commitment to boosting cooperation with Vietnam.

Once the Covid-19 pandemic is over, the aviation industry needs to be well-prepared for taking off.

Pursuing green growth will help Vietnam find new driving forces for sustainable development and enhance resilience against external shocks.

The index lost a total of 123.97 points, causing evaporation of over VND464.3 trillion (US$20.16 billion) in the HoSE’s market capitalization.

The latest price adjustment marked the third consecutive price hiking since late May, resulting in a rise of VND2,190 per liter for E5- RON92, and VND2,250 for RON95.

Once Vietnam is able to contain Covid-19, the country would regain its growth momentum quickly, stated the HSBC.

The Vietnam Free Trade Agreement Portal (FTAP) with people and businesses at the center of its service is aimed at improving the quality and efficiency of Vietnam's FTAs implementation.

The application enables passengers to create a digital passport, providing information about Covid-19 tests or proof of vaccination for border authorities.

The EU is currently one of the leading export markets for many key Vietnamese products such as textiles and garments, seafood, furniture, and wood products.

Recovery in global consumer demand, market reopening in the US and Europe would be an opportunity for Vietnam to boost exports in the final half of 2021.

The tourism sector will welcome international tourists while ensuring the pandemic prevention and control process.

The challenges for local firms would be to utilize preferential treatment and complying with commitments set out in the UK-Vietnam Free Trade Agreement (UKVFTA).

It is the ninth air carrier and the first one in Vietnam to have received the highest star for the safety measures of Covid-19 in all of operational touchpoints.