In the first 11 months of this year, Việt Nam''s exports to Australia surged by 24.4 per cent annually, far outpacing the national average export growth of 14.4 per cent.
Despite accounting for 19.1 per cent of Việt Nam’s processing sector, the food processing industry has been struggling with major issues such as poor-quality raw materials and subpar value chain integration, said industry insiders and economists.
With rising stock market returns and reduced corporate borrowing costs, SBV’s policy direction should positively impact business performance and stock market growth.
Foreign tourists will be facilitated to travel around ASEAN with a new visa policy that permits one single visa for six countries in the region. Tourism and trade companies find it a favourable condition to develop.
Việt Nam’s key exports have been on a strong path of recovery during the first ten months of the year, as businesses double down on improving production, seeking new partners and promoting Vietnamese products in the international market.