Trade - Service

The news cycle related to Covid-19 transmission no longer influences trends on the FMCG market in Vietnam and Southeast Asia.

In 2020, Vietnam’s GDP growth is set to hit 2.3% and then rebound strongly to 8% in 2021.

Online payment is essential as the government targets to provide at least 30% of online public services at advanced stages of 3 and 4 in 2020.

The project to establish Kite Air has not met the criteria to be submitted to the government for approval.

As a production hubs of world major tech firms such as Samsung, Vietnam is capable of manufacturing sophisticated products with high technological content, said an expert.

The forum is part of the US's efforts to boost economic presence in the region.

Only 2% of enterprises in Vietnam are immune from the pandemic.

The GDP growth is expected to rebound to around 6.7% in 2021.

The average spending on online shopping of Vietnamese people has increased by 31% in 1H compared to 1H 2019.

The fact that Vietnam is already a top trade partner with the EU despite not having an FTA in place highlights the opportunities that the EVFTA will create for Vietnamese seafood producers.

Most countries that fended off the first Covid-19 wave and reopened their economies such as South Korea, Japan, and Vietnam, are now facing a second wave.

Businesses are doing very well in their roles in the most difficult circumstances to contribute to society. And with that dedication, society needs to have special honors for businesses, and this is what ABA 2020 is aiming for.

Each flight must have a specific plan to ensure safety, including isolation, suitable for each group of arrivals.

The disruption of supply chains as a result of the Covid-19 pandemic is a major concern, as all ASEAN members are export-oriented, said Vietnam’s Trade Minister Tran Tuan Anh.

Core inflation rose 2.66% year-on-year in the first eight months of 2020.

Dramatic drops in arrivals were seen in major markets such as China, South Korea, Japan, Taiwan (China), Europe and the US.

Vietnam's trade turnover is likely to reach US$336.32 billion in the first eight months, down 0.3% year-on-year.

As Covid-19 vaccines are being developed, Vietnam requires the right strategy for both short- and long-term needs in a new normalcy, said the rime minister.

Amid global uncertainty, Vietnam continues to attract fresh FDI and remains an exception to a subdued private investment outlook of the Southeast Asian region in recent quarters.

Covid-19 derailed the fairly continuous advances of Vietnam’s consumer confidence, but that hit is likely to be temporary.