Viet Nam is predicted to record a positive growth this year, especially in the context of US-China trade tensions that may take a long time in the coming years.
A new wave of foreign direct investment driven by global events such as the US-China trade war and the COVID-19 pandemic is imminent in Viet Nam, and it will have a much bigger impact on the economy than previous FDI...
The recently signed US-China trade deal, an effort to calm trade tensions between the world’s two largest economies, will force Vietnamese businesses to grow in order to meet the challenges as well as the opportunities it brings.
The Ministry of Industry and Trade urged firms to strictly comply with rules of origin to avoid negative impacts on exports amid escalating trade defence measures.
Việt Nam is advancing into 2020 following good results in 2019. Experts and companies tell Việt Nam News about their forecasts of the country''s economic prospects this year as well as opportunities and challenges facing the country.
Viet Nam’s fisheries exports are unlikely to meet the US$10 billion target set by the Government for this year because of the multiple challenges like the US-China trade war, lack of demand and increasing competition.
In 2018, foreign direct investment (FDI) into Viet Nam rose by 9.1 per cent year over year to hit US$19.1 billion, marking this dynamic country’s sixth record year for FDI in a row.
Concerns about the US-China trade talks have lifted for now, and investors are turning their attention to third quarter earnings reports and how listed companies will perform in the last three months of the year.
With solid growth in shipments, the plastics industry will surely meet its full-year export target of US$3.2 billion, according to the Viet Nam Plastics Association.