Australia boosts economic opportunities with Vietnam
Strengthening trade relations will create more jobs and opportunities for Australia and Vietnam.
Strengthening trade relations will create more jobs and opportunities for Australia and Vietnam.
This is among measures that should help strengthen bilateral trade relations during the Covid-19 pandemic.
Thailand is the largest trade partner of Vietnam in ASEAN.
Vietnam continues to work on ensuring sustainable and balanced trade relations with the US, Prime Minister Pham Minh Chinh has said.
Vietnam-Canada trade relations have reached US$9 billion, marking a fruitful result created by the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.
Despite unprecedented challenges from the Covid-19 pandemic, bilateral trade turnover in 2020 rose by 6.6% year-on-year to US$5.1 billion.
A zero percent antidumping rate plays an important role in the local tyre production, which is facing fierce competition from imported products of Thailand and China.
A key strength in Vietnam’s business environment is the country’s proliferating membership of free-trade agreements.
Vietnam’s good economic performance comes from the resilience of both domestic economy and foreign trade.
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.