Vietnam in search of new markets to diversify trade options: PM
The country’s trade turnover is estimated to reach a record high of US$800 billion by year-end.
The country’s trade turnover is estimated to reach a record high of US$800 billion by year-end.
The US and Vietnam have achieved enormous successes and expanded relations into all areas of cooperation – from political to strategic, economic and trade, citizen to citizen, and business to tourism
The rising fuel prices have put pressure on the economy at a time when Vietnam’s national oil and gas storage is low, estimated to meet five to seven days of demand.
VKFTA, which became effective on December 20, 2015, is one of Vietnam’s first bilateral free trade agreements with an economic partner.
Vietnam aims for a healthy and sustainable trade partnership with all key partners.
The EU-Vietnam Free Trade Agreement is seen as the key factor that spearheads a promising period in Vietnam – Germany trade relations.