Trade - Service

Vietnam’s trade performance continues to stay positive with the trade turnover as of December 15 rising by 4.5% year-on-year, or US$22 billion to $515.27 billion.

With further support from the State Securities Commission of Vietnam, the asset and wealth management is expected to continue its strong growth in the future.

The portal is a way the Vietnamese government support local enterprises and people in approaching the free trade agreements to which Vietnam is a signatory.

The move is aimed at protecting domestic production and ensure the lawful rights of local manufacturers and related industries using such products, said the Vietnam’s trade ministry.

The two leaders agree that a strong bilateral relation will bring benefits to businesses and people of the two countries.

In total, Vietnamese enterprises exported over 1.3 billion medical face masks in the first 11 months of 2020.

In case the US unilaterally accelerates the process of imposing more tariffs on Vietnamese exports, this will no doubt cause negative impacts not only on bilateral trading activities, but also the two countries’ relations.

Mexico, Chile and Peru were three countries that Vietnam recorded the highest trade surplus in the Latin American in 2019.

Vietnam’s good economic performance comes from the resilience of both domestic economy and foreign trade.

The trade deal is expected to spark new opportunities for Vietnam as one of the few Asian countries to secure an exclusive FTA with the UK.

90% of imported cars in Vietnam in November came from Thailand, Indonesia and China.

There has been a growing number of Indonesian investors coming to Vietnam, especially in the field of digital economy.

PM Nguyen Xuan Phuc assigned related ministries and agencies to continue working with their US counterparts on maintaining strong bilateral relations that would bring mutual benefits for the people and enterprises from two countries.

Vietnam continues to be among the world’s most attractive emerging economies, the HSBC Vietnam CEO Tim Evans has said.

In the next 10 years, Vietnam will position itself as a major supply for global retailers in the Southeast Asian region.

In a difficult year amid the Covid-19 pandemic, exports remain a spotlight and lay a foundation for the economy to maintain its growth momentum coming into the next year.

Vietnam gives priority to a stable and sustainable trade-economic relation with the US, and will continue to work towards a harmonious and fair-trade relations under the bilateral action plan, stated the country’s central bank.

This year's Vietnam online shopping festival brings many attractive promotions for consumers.

The EVFTA does not limit to a removal of import tariffs, but also open up opportunities for Vietnam to continue its institutional reform for a more transparent, predictable and fair business environment.

Vietnam’s trade turnover is expected to hit $540 billion this year, marking a year-on-year increase of $23 billion.