Despite important trade agreements and commercial commitments between Viet Nam and China, local enterprises are not reaping expected gains. Pham Sy Thanh, Director of the China Economic Research Programme at the Viet Nam Centre for Economics and Policy Research, explains...
Following the recently signed ASEAN-Hong Kong Free Trade Agreement (AHKFTA) and the 2016 revised ASEAN–China Free Trade Area (ACFTA), Vietnamese enterprises have another great opportunity to increase their profitability in the Chinese market, achieving this potential also poses a major challenge.
Having stuttered in the year''s first half on subdued global demand, Viet
Nam''s trade flows are expected to gradually pick up in the second half
of 2013, HSBC has said in a report.
