Minister of Industry and Trade Nguyễn Hồng Diên and Malaysian counterpart Zafrul Abdul Aziz on Tuesday reaffirmed the commitment to strengthening and promoting bilateral trade relations between Việt Nam and Malaysia during their working session in Hà Nội.
To support businesses in boosting exports to this market, Viet Nam will continue cooperating with US partners to comprehensively address the US'' concerns.
Viet Nam and New Zealand expect to meet a NZD2.5 billion (US$1.7 billion) bilateral trade and service turnover target this year as the two countries have opportunities to boost economic co-operation.
The Ministry of Industry and Trade’s foreign trade agency has asked logistics firms to help Vietnamese agriculture producers following China’s decision to temporarily stop importing local farm products.
Bilateral trade between Viet Nam and South Korea is well on track to reach US$200 billion in 2020, said Kim Dong Bae, minister counsellor at the Republic of Korea’s Embassy in Viet Nam.
Viet Nam and Egypt need solutions to increase bilateral trade, especially as each country has advantageous products that can penetrate the other’s market.
During the event, 500 entrepreneurs from Viet Nam and Thailand as well as overseas Vietnamese firms will share their experience and discuss new business models.
Measures to boost two-way co-operation in economics, trade and investment were discussed at a meeting between officials from Viet Nam and the Czech Republic on Wednesday.
The Middle East’s second largest economy is among Viet Nam’s leading trade and investment partners in the region, with bilateral trade rising from $5.2 billion in 2014 to $6.3 billion in 2017.
Despite the geographical distance, bilateral trade between South Africa and Viet Nam has increased from US$658 million in 2010 to more than $1 billion in 2018.