FTAs

Foreign investors maintain an optimistic outlook for Vietnam’s economic growth next year though the country suffered a challenging 2021 as it was hit hard by the pandemic, according to an article posted on the website Vietnam Briefing of Dezan Shira & Associates.

The Asia-Pacific Economic Cooperation (APEC) has not only been serving as a driver for global growth, facilitating trade and investment, but also playing a pioneering role in responding to natural disasters, developing clean energy, preserving biodiversity, and stepping up trade in environmental goods.

The volume of cargo going through seaports has been on the increase thanks to free trade agreements (FTAs).

Export revenue of the garment and textile sector surged 21.2 percent year on year in the first five months of 2021 to about 15.2 billion USD, according to the Vietnam Textile and Apparel Association (VITAS).

Export and import management agencies nationwide granted 420,000 certificates of origin (C/O) for 21 billion USD worth of goods shipped to the markets Vietnam has signed free trade agreements (FTAs) with in the first four months of 2021.

Indian media have spotlighted the significance and Vietnam’s preparations for the upcoming elections of deputies to the 15th National Assembly (NA) and People's Councils at all levels for the 2021-2026 tenure on May 23.

Vietnamese logistics enterprises reported outstanding business results in the first quarter of 2021.

Vietnam’s economic growth is expected to rebound to 6.7 percent this year despite the recent resurgence of the COVID-19 pandemic in nearby countries, and rise to 7 percent in 2022, according to the Asian Development Bank (ADB).

Almost 5 billion USD worth of Vietnamese goods exported to the EU has benefited from preferential tariffs under the EU-Vietnam Free Trade Agreement (EVFTA), according to the Ministry of Industry and Trade (MoIT).

Several of Vietnam’s key export sectors, such as textile-garment, leather-footwear, and electronics have become magnets for merger and acquisition (M&As) activities, posing a risk of leading enterprises in those sectors being purchased by foreign investors.

“The Diplomatic Society” newswire of South Africa on April 6 carried an article on the newly-elected leaders of the Vietnamese Party and State.

The S. Rajaratnam School of International Studies (RSIS) has recently published an article delving into what freshly elected Vietnamese leaders are going to contribute to the nation’s future development.

After its COVID-19 successes, Vietnam is well positioned to play a more energetic role on the global stage, according to the international online news magazine The Diplomat.

Vietnam has been making good use of advantages of the international economic integration process, helping to increase the country’s exports by 22 percent year-on-year and imports by 26 percent in the first quarter of 2021, said Tran Thanh Hai, Deputy Director of the Agency of Foreign Trade under the Ministry of Industry and Trade.

Vietnam exported 638,000 tonnes of rice worth 352 million USD in the first two months of 2021, down 31.4 percent in volume and 18.3 percent in value year-on-year.

“Legendary story”, “Rising star”, and “Asia’s brightest economy” count among the praise from international organisations in relation to Vietnam’s economic development over recent years.

Under the leadership of the Communist Party of Vietnam (CPV), Vietnam has maintained its political stability and economic growth as well as extensive integration into the regional and global economy, according to the S. Rajaratnam School of International Studies (RSIS) of Singapore.

Foreign reporters have spotlighted the great role of the Communist Party of Vietnam (CPV) in the country’s development as well as achievements Vietnam achieved during 35 years of its Doi Moi (renewal) process.

International reporters have affirmed the great role of the Communist Party of Vietnam (CPV) in leading Vietnam to successes during its 35-year Doi Moi (renewal) process.