Trade - Service

The capital city will prioritize banking, transportation, e-commerce, online advertisement and tourism for its 2021-26 digital economy.

Vietnam calls for China to waive Covid-19 testing for Vietnamese agricultural products, along with the reopening of border-gates and markets.

The rising of domestic capital flow would boost the local market's resilience against external shock and ensure sustainable growth.

Vietnam highlighted the importance of supply chain and joint efforts in implementing trade pacts.

The Vietnamese government would offer more incentives for UK enterprises to form linkages with Vietnamese partners in a move to setup new supply chains.

Vietnam recorded a trade surplus of US$1.63 billion in the four-month period.

The formation of local supply chains remains core for Vietnam’s sustainable industrial sector in the future, said a local senior official.

It is the first time that Vietnamese honey exporters have faced trade remedies measures.

Japan will promote the digital transformation process in Vienam.

All foreign exchange (forex) trading activities in Vietnam are illegal as the authorities have not issued license for any forex trading floor.

More than 90% of Vietnam’s lychee are shipped to China.

Local enterprises should enhance their manufacturing activities to create high value-added products for export.

German business leaders in Vietnam maintain positive view with the economic expectation while looking forward to a recovered year of 2021 and 2022.

Japanese government will provide non-refundable aid of a vaccine storage system worth US$1.8 million for Vietnam and a ship for maritime study.

There has been a positive shift in Vietnam’s rice export structure towards a focus on fragrant rice products with higher quality and price, stated the country’s food association.

Vietnam posted a trade surplus of US$1.29 billion during the four-month period, a positive result amid difficult global trade environment as a result of the Covid-19 pandemic.

ASEAN+3 countries (plus South Korea, Japan and China) would remain committed to an open and rules-based multilateral trade and investment system.

Vietnam Trade Office in Australia is working with Australian authorities to protect Vietnamese brands abroad.

The Nhon-Hanoi Station urban railway project has a rolling stock of 10 trains, designed by French manufacturer Alstom. Three of these trains have been brought to the Hanoi for trials.

Covid-19 has caused a sharp decline in business revenue in the tourism industry.