Despite rising trade protectionism worldwide, Vietnam continues to set new export records and has emerged as the next manufacturing hub, CBRE said.
Although Vietnam can sit on its advantages after Covid-19, the country should not let reforms slip its mind.
The EU-Vietnam trade agreement, the most modern and ambitious agreement ever concluded between the EU and a developing country, just got European Parliament’s backing.
Ho Chi Minh City and Hanoi continue to lead the momentum in Southeast Asia, raking third and seventh respectively among the most dynamic city in the world.
The Committee on International Trade backed the free trade and investment protection agreements between the EU and Vietnam on Tuesday.
A possible deceleration in 2020 growth of Vietnam's main export markets would weigh on its growth.
Vietnam is outperforming its regional peers in terms of exports and can further count on more FDI to come as the result of the ongoing US-China trade tensions. And it all now depends on whether the country is equipped with appropriate capacity to absorb such FDI inflows.
A subsidiary of Truong Hai Auto Corporation has earned a revenue of $500,000 from first shipment of bananas to China.
Several years ago, the Vietnamese company Dai Hanh Phuc allegedly sold animal products to Ting Hsin, a Taiwanese food firm. Dai Hanh Phuc did not obtain the proper food safety conditions certificate, and resulting criminal case against Ting Hsin eventually saw the company’s chairman sentenced to 15 years in prison.
Phuc Sinh Corporation strongly moved into the coffee sector with the investment on high standard factory in Son La province and development of coffee products called K Coffee.
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