The latest round of talks will take place in Kuala Lumpur from February 17 to 20, with discussions covering 11 key sectors, including goods, services, investment and economic cooperation.
As the threat of a global trade war looms, insiders held that Việt Nam needs to take proactive steps to develop tailored responses that will insulate its production, business, and export activities from the effects of market volatility.
Minister of Industry and Trade Nguyễn Hồng Diên talked to the Vietnam News Agency (VNA) about 2024 - a year the economy faced a mix of challenges, but also saw the country making the most out of Free Trade Agreements...
The Agency of Foreign Trade estimates that Việt Nam''s export value of wood and wood products reached US$1.25 billion in June this year, down 1.1 per cent month-on-month, but up 13.6 per cent year-on-year.
A survey conducted by the MoIT at the end of last year found that approximately 20 large companies were interested in purchasing electricity directly, with a total demand of nearly 1,000 MW.
In the event Vietnam Electricity (EVN) and investors fail to produce a consensus, the prices will be determined by the Ministry of Industry and Trade with consideration given to fair competition for other sources of electricity.
Việt Nam, as an open economy with multiple Free Trade Agreements (FTAs) in place, is committed to fulfilling its obligations in the automobile import sector.
The country''s trade surpassed the milestone of $700 billion in value to hit $73.5 billion in 2022, a rise of 9.5 per cent against the same period of the previous year, according to the s of the General Statistics Office.
Many British investors are seeking investment opportunities in Viet Nam in the hope of cashing in on free trade agreements (FTAs) that Viet Nam has signed with the UK and other economies worldwide.
South Koreans investing in Viet Nam can capitalise on preferential treatment under free trade agreements (FTAs) that Viet Nam has signed to boost exports, one top official said.
New generation trade agreements could hold the keys to success for many Vietnamese enterprises, especially smaller firms, so they should be making every effort to grasp the opportunities they offer.
According to the report, trade turnover between Viet Nam and ten members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in 2019 reached US$77.4 billion, a 3.9 per cent increase from 2018.
Việt Nam must hasten the process of issuing legal documents and institutional reform to implement free trade agreements (FTAs) and take advantage of these trade deals to boost exports.