In the first six months of 2020, Vietnam's export volume to ASEAN countries was estimated at nearly 11 billion USD while its import volume from the bloc was over 14 billion USD.
Domestic business situation is expected to improve or keep stable compared to that of Quarter 2.
After 20 years of establishment and development, the Vietnamese stock market has overcome many ups and downs to get the current scale, which is a considerable achievement.
Since the normalisation of bilateral relations 25 years ago, bilateral trade between Vietnam and the US has consistently increased. Vietnam ranks 16th among the US trade partners and the US is Vietnam’s third largest trade partner.
Hoi An ancient city in Vietnam’s central province of Quang Nam was ranked third among the list of the world’s top 25 cities in 2020 recently announced by Travel + Leisure.
Vietnam’s Dak Nong Geopark has been recognized by UNESCO as a Global Geopark, becoming the third of its kind in the country.
Son La province looks to consume 70,000 tonnes of longans in 2020, including 57,000 tonnes for domestic consumption and 7,900 tonnes for exports.
Vietnam's Manufacturing Purchasing Managers' Index (PMI) in June reached its highest level in 10 months.
The National Assembly approving the Master Plan on socio-economic development in ethnic minority and mountainous areas in 2021-2030 was approved in November.
Vietnam and New Zealand comprehensive partnership
EVFTA may contribute to the increase of Vietnam’s GDP and export turnover to the EU compared to previously.
The EU- Vietnam Free Trade Agreement (EVFTA) and the EU- Vietnam Investment Protection Agreement (EVIPA)
between Vietnam and the European Union (EU) are considered comprehensive and high-quality deals with a high level of commitment.