Trade - Service

Over the past few years, Vietnam’s export structure has transformed significantly with a higher proportion of processed goods instead of raw materials.

Sales of domestically assembled cars reached 46,253 units in the January – March period, down 8% year-on-year, while imported completely-built-units (CBUs) were 31,999 units, up 234%.

In March, Vietnam’s exports reached US$23 billion, an increase of nearly US$8.9 billion against the previous month and US$700 million compared to January.

Both the EU and Vietnam are going towards the right direction, while a dialogue mechanism is important for both parties to deal with issues of difference.

China’s FDI to Vietnam has outpaced FDI from Japan and South Korea, which have historically been the largest source of investments into Vietnam.

Since the establishments of Vietnam – Italy diplomatic relation 45 years ago and strategic partnership in 2013, the two countries have forged a strong relationship.

The country`s trade turnover reached US$116.49 billion in the first three months of 2018.

The result would exceed original target of US$10 billion by 2020 set in the development plan of Vietnam’s e-commerce in the 2016 – 2020 period, local media reported.

Reaping the benefits from digital trade requires conducive and open policy settings in Vietnam and across the region, said an AlphaBeta economist.

This is the first time a Berlin official publicly voiced the endorsement of the long-delayed agreement.

The FDI’s exports year to March 15 reached US$32.76 billion, up 2.7% year-on-year, accounting for 69.6% of Vietnam’s total exports.

South Korea remained Vietnam’s top investor, posting annual registered capital of FDI in range of US$7 – US$9 billion over the last five years.

Given its early stage of development, Vietnam’s retail market share presents huge opportunity for retailers capable of providing the best shopping experience to customers through unique and modern retail technologies.

Last month`s decline came after a 24% year-on-year jump in January and brought cumulative year-to-date sales to 43,242 units, up 14.4% on the 37,797 units sold in the same period of last year.

The decision took effect on 10:00 am on March 13 until the CAAV has a new ruling.

A network of more than 160 ports throughout the country – with main gateways at Ho Chi Minh City, Hai Phong and Da Nang – have annual capacity of more than 11 million TEU.

Thanks to the free trade agreement, Vietnam will be allowed to maintain its free access to the EU market in the future.

The average premium to GDP ratio by 2020 would reach the maximum of 3%, and 3.5% by 2025.

The second US – North Korea summit held on February 27 and 28 in Hanoi has ended, leaving many imprints about Hanoi`s safe, friendly, attentive and attractive destination for international friends and reporters.

The number of visitors increased this month, which is the month of traditional Lunar New Year festivities.