By encouraging all stakeholders to co-operate, Hanoi aims to improve food safety standards and protect public health.

Bilateral trade between Vietnam and Hesse has reached around EUR1 billion (US$1.05 billion) annually, accounting for one-tenth of total trade between Vietnam and Germany.

The event is part of the Hanoi Concentrated Promotion Program 2024, held in May, July, and November, attracting up to 2,000 businesses.

Cross-border e-commerce is expected to be the top trend in the coming years, which will become the driving force for the global economy.

Vietnam’s retail sector will remain stable next years and attract more foreign investment thank to its large population, brighter economic outlook and greater purchasing power.

Recently, the Tax agencies have been pioneer in implementing online services to support enterprises, such as declaring tax online and online tax payment.

After 8 years promoting the campaign “Vietnamese gives priority to Vietnamese goods”, Vietnamese goods have become favorite for many customers.

The APEC summit would be a chance for Asia Pacific leaders to review their policies and growth paradigm.

The numer was 5 out of 10 several years ago, according to Dau Anh Tuan, Vietnam Chamber of Commerce and Industry (VCCI)

The market for food & beverage (F&B) is considered to have high potential for development in period 2017 – 2018. According to experts, despite the stagnation in recent years, F&B industry has recovered and is growing steadily.

Vietnam continuously had a trade surplus of US$900 million in October, raising the ten month figure to $1.23 billion.

According to the General Department of Vietnam Customs, the trade balance of Vietnam in October has been positive for an amount of 900 million USD, thus increase the trade surplus of Vietnam until the end of October to be 1.23 billion USD.

Vietnam’s exports of agricultural, forestry and fishery products in October hit an estimated value of US$2.74 billion, bringing the total in ten months of the year to $29.76 billion.

Asian Pacific Economic Cooperation (APEC) is the beginning of more than half of the world free trade agreements and brings massive benefits to its economic members. However, with the rise of protectionism and imported tariffs, it is necessary for APEC to be active and have solutions to overcome challenges.

The export turnover of computers, electronic products and spare parts in the past nine months of 2017 touched US$18.54 billion, a year-on-year increase of 41.4 percent, the General Department of Customs said.

Vietnamese fruit and vegetable exporters will visit some European countries next months to seek for more business opportunities there.

Korean enterprises highly regarded the diversification of Vietnamese goods with changes in design and packaging to meet the requirements of the market. At the same time, the product price is comparable with similar products of other countries in the region.

More than 5,000 administrative procedures were cut and simplified, making it easier for production and business, according to a Government’s report sent to the Standing Committee of the National Assembly recently.

Vietnam enjoyed a US$24.1 billion trade surplus with the United States in the first nine months of this year, a report from the General Department of Vietnam Customs revealed.

Each retailer need to find an appropriate strategy and direction, at the same time to avoid competing directly and target markets which are still unknown to foreign competitors.

Vietnam had a trade surplus of over US$1 billion by October 15 thanks to a rise in export value of many key staples, according to the General Department of Customs.

Vietnam’s export of wood and timber products is expected to reach US$8 billion in 2017, roughly $500 million to $1 billion higher than the annual target set earlier this year.

The target to bring the Vietnam-Republic of Korea trade revenue to US$70 billion by 2020 is feasible, said Bui Huy Son, Director of the Trade Promotion Agency under the Ministry of Industry and Trade.