Production at a company in Ho Chi Minh City. (Photo: SGGP)

Vietnam’s economy – bright spot amid Covid-19 pandemic

Despite the disruption of supply chains, Vietnam's gross domestic product (GDP) still rose by 3.68 percent in the first quarter. In the second quarter, the economy nosedived with the growth rate merely at 0.39 percent. In the third quarter, GDP growth recovered to 2.62 percent, sending the three-quarter growth rate to 2.12 percent.
The steel industry accounts for 80 percent of trade remedy cases. (Photo: SGGP)

Safeguard measures narrow VN's steel export market

Along with several free trade agreements that have been signed, countries in the world have also increased the technical barriers and safeguard measures to protect domestic production. This has caused many Vietnamese enterprises to face the risk of losing the export market if they do not prepare carefully before joining the market.
The departure lobby at the Haneda International Airport of Japan (Photo: AP)

Japan likely to re-open borders to entrepreneurs from Australia, Vietnam

Japan is considering re-opening its borders to entrepreneurs from selected countries, including Australia and Vietnam, which have low levels of COVID-19 infections, as the nation begins to ease restrictions put in place earlier this year to control the outbreaks, according to Australian Associated Press (AAP).

Export growth rate not as high as expected after CPTPP takes effect for one year

Export growth rate not as high as expected after CPTPP takes effect for one year

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) between Vietnam and the first six countries which took effect since December 30, 2018, is considered as a big opportunity to boost export volume and create conditions for enterprises to develop production and trade but the result after a year of implementation remains extremely modest.
The production of dairy products at Nutifood. (Photo: SGGP)

Vietnamese enterprises aim at billion-US-dollar markets

Regarding the export target of above US$285 billion this year, an increase of 8 percent over last year, many enterprises said that this target is hard to achieve, especially amid the context that many markets have been putting up several technical and trade barriers for goods exported from Vietnam.
Producing handicrafts for export in Hoc Mon District in Ho Chi Minh City. (Photo: SGGP)

Export turnover might reach target this year

According to the Ministry of Industry and Trade, up to now, export turnover has hit US$264 billion, a short of $4 billion to achieve the export target set for this year. However, the ministry said that the country will meet that goal when the year 2019 ends.
(Illustrative photo:SGGP)

Vietnam faces advantages, challenges from new-generation FTAs

The Vietnamese Farmers Association, the Ministry of Industry and Trade, the Ministry of Agriculture and Rural Development and 250 business, farmers attended the forum “Together with Vietnamnese farmers to go to the global market” this morning. 
Vietnamese firms promote exports to potential markets

Vietnamese firms promote exports to potential markets

According to chairwoman of the Food and Foodstuff Association of Ho Chi Minh City Ly Kim Chi, in the first eight months of this year, although exports of agro-forestry-aquatic products managed to maintain rising trend, growth was not so high, estimating at US$26.58 billion, an increase of 1.6 percent over the same period last year.