In 2016, the trade deficit could continue and even increase because many of the free trade agreements (FTAs) coming into effect.Nguyen Bich Lam, head of the General Statistics Office (GSO), spoke to the dautuonline about those issues.
Businesses in the agriculture sector, especially breeding, would be
most vulnerable to the effects of Free Trade Agreements (FTAs) and
Trans-Pacific Partnership (TPP) with bigger partners.
Viet Nam will organise a series of events in Russia in response to the
signing of the free trade agreement (FTA) between Viet Nam and the
Eurasia Economic Union (EEU).
About 100 Vietnamese enterprises are expected to participate in a
high-quality Vietnamese goods fair that will be held at the Hanoi-Moscow
Centre for Culture, Trade and Hotels in Moscow.
The southern province of Binh Duong recorded a trade surplus of
approximately US$1.1 billion in the first six months of this year,
according to the provincial Statistics Office.
The Vietnam-Eurasian Economic Union Free Trade Agreement signed on May
29 is expected to offer ample opportunities and tough challenges to
Vietnamese businesses.
The FTA between Viet Nam and the EEU was signed on May 29 in Kazakhstan. Minister of Industry and Trade Vu Huy Hoang spoke to the Vietnam News
Agency about the advantages, opportunities and challenges of this
agreement.