Vietnam leapfrogs Bangladesh as world second-largest clothing exporter
Vietnam has leapfrogged Bangladesh to become the world’s second-largest exporter of clothing in 2020 with a turnover of US$29 billion, down 7% year-on-year, according to the World Trade Organization.
21:42, 2021/06/14Global economic integration lays foundation for Vietnam to promote circular economy
Growing number of local enterprises achieving success by adopting clean production standards have been direct results from Vietnam’s policies to promote green and sustainable growth.
11:29, 2021/02/19New chief with old challenges
Okonjo-Iweala appeared to be firmly determined to make out of her lifetime mission to new successes for the World Trade Organization (WTO).
17:13, 2020/09/24EVFTA to help realize Vietnam's high-income status ambition: Expert
In one month and a half, the amount of Vietnamese goods and products that benefit from EVFTA’s preferential treatment is equivalent to that of the CPTPP throughout 2019.
12:56, 2020/07/23Vietnam to negotiate free trade deal with Mercosur
Benefits from FTAs have not brought along breakthrough changes for Vietnam, as most partners have similar economic structure, or even directly compete with Vietnam.
18:57, 2020/07/13Vietnam trade ministry proposes opening petroleum retail market for foreign firms
Under the revised regulation, local oil and petrol traders are now allowed to transfer their stakes to foreign investors but foreign ownership should not exceed 35%.
11:11, 2020/06/12US probe into Vietnam plywood imports should be fair: Spokesperson
Vietnam remains steadfast on pursuing bilateral economic relations with the US towards harmonization and sustainability, according to the Ministry of Foreign Affairs.
09:41, 2019/12/28Vietnam considers allowing foreign ownership in petroleum firms
Experts believed that allowing foreign ownership at local petroleum firms will result in better services and boost competitiveness.
10:18, 2019/11/26Foreign competition the smallest concern for Vietnam’s logistics firms in CPTPP
Direct impacts from the CPTPP agreement would not be significant, but means a more stable and predictable environment for logistics firms in Vietnam, according to an expert.