Trade - Service

A single procedure for agro-forestry-fishery production during the Covid-19 pandemic is required to ensure smooth distribution of farm produce in both domestic market and for exports.

The US Customs and Border Protection’s decision to cancel anti-dumping duties on Vietnamese shrimps helps create a healthy competitive environment among both US and foreign shrimp producers.

It is the final conclusion of an Indonesian agency for cold steel sheet imported from Vietnam.

Many business owners have promoted online sales to make profit amid the Covid-19 pandemic.

The Covid-19 pandemic could not prevent locals from buying gold in anticipation of the upcoming God of Wealth Day, especially as gold firms are now taking the sale online.

It is important to create room for all economic components to grow equally, especially the private sector.

In 2021, the trade ministry eyes an increase of 4-5% in trade turnover from an estimated US$543.9 billion last year.

Vietnam exported products and goods to over 80 markets in Tet holiday, with China being the largest buyer by spending US$189 million on Vietnamese commodities, or 26% of total exports.

A recovery in consumer spending in Vietnam this year is in line with Fitch Solutions’ forecast that the country’s economy will grow by a real rate of 8.6% year-on-year over 2021 from 2.91% in the previous year.

In Hanoi, in addition to expanding the distribution network of goods, all levels and branches of the city have stepped up the inspection and supervision of the origin of goods in the market.

The lack of empty containers had directly impacted the exports of Vietnam’s agricultural products.

The top priority at this time is ensuring social security, keeping the macroeconomic environment stable, and supporting businesses that are still in operation.

Given a large gap between domestic and international gold prices, it would be high risks for investors to bet their money on gold at the moment, said an expert.

E-commerce floors have pre-stocked goods and integrated new technology for online shopping activities.

The UK is a major trading partner for members in the CPTPP, including Vietnam.

Peach blossom and kumquat gardeners and traders have high expectation for sales as the Tet holiday approaches.

The two countries target to increase the trade value to US$500 by 2025.

Vietnam is expected to export more than six million tons of rice this year.

Rising political, trade tensions and high public debts across economies in the world require Vietnam to have drastic measures to ensure the economic growth plan to stay on track.

Prime Minister Nguyen Xuan Phuc has agreed on setting up a taskforce specialized in addressing bottlenecks for investment.