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Vietnam witnesses record trade surplus in first eight months of 2020

Vietnam witnesses record trade surplus in first eight months of 2020

September 16, 2020 | 09:45

According to the statistics of the General Department of Vietnam Customs, in the first eight months of 2020, the country’s export and import turnover reached more than US$50 billion, while its trade surplus hit a record high of approximately US$13.5 billion.

EVFTA: First batch of shrimp from Vietnam  on its way to EU

EVFTA: First batch of shrimp from Vietnam on its way to EU

September 12, 2020 | 07:53

On September 11, in Ninh Thuan, the first shrimp consignment from Vietnam to several European countries in lines with the EU-Vietnam Free Trade Agreement (EVFTA) commitments has started its long way to the EU.

Vietnam’s fruit exports to China decline, but surges to Thailand

Vietnam’s fruit exports to China decline, but surges to Thailand

September 11, 2020 | 08:50

According to a recent report of Agricultural Product Processing and Market Development Department (the Ministry of Agriculture and Rural Development), Vietnam’s vegetables and fruits exports reached $2.26 billion in the first eight months of 2020. China has reduced fruit imports, but Thailand has been buying more from Vietnam.

Vietnam's current account surplus is predicted at 3.7% in 2020

Vietnam's current account surplus is predicted at 3.7% in 2020

September 11, 2020 | 07:51

Fitch Solutions, the UK-based financial information services provider forecasts that Vietnam’s current account surplus could shrink to 3.7 percent in 2020 from 4.9 percent last year due to the effects of the COVID-19 pandemic.

FDI inflows into Vietnam will recover after the pandemic

FDI inflows into Vietnam will recover after the pandemic

September 10, 2020 | 14:52

Foreign direct investment (FDI) inflows in Vietnam will soon recover after the Covid-19 pandemic is controlled, according to Takeo Nakajima, the Chief Representative of the Japan External Trade Organisation (JETRO) in Hanoi.

Vietnam – the rising star in FDI attraction

Vietnam – the rising star in FDI attraction

September 09, 2020 | 10:03

With strong fundamental factors such as a young, dynamic and tech-savvy population, the growing domestic market, the expanding middle class and an open economy, Vietnam continues to offer attractive investment opportunities.

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