Import-Export

Vietnam's cashew nuts have accounted for approximately 90 percent of the US cashew imports in spite of fierce competition from other suppliers.

Hanoi, over the years, has been one of the leading localities in foreign direct investment (FDI) attraction thanks to the city’s efforts to accompany with and support investors.

VCN - According to banking and finance expert Dr. Nguyen Tri Hieu, consumer loans are increasing, but are more risky than corporate loans, so it is necessary to develop a form of consumer debt trading to help banks avoid increasing bad debts.

VCN - Import and export goods of Ho Chi Minh City’s enterprises in recent months have been on the decline. Ho Chi Minh City is worried that it will be difficult to maintain growth momentum to reach the export target this year.

Vietnam has shown its attractiveness as a sustainable and long-term investment destination thanks to the country's numerous advantages, according to CEO of Nestle Vietnam Binu Jacob.

Representatives of trade promotion agencies and business communities of India and three countries in the Greater Mekong Sub-region (GMS), namely Vietnam, Thailand and Cambodia, gathered at an online India-Mekong trade connection programme on October 11.

Most of Vietnam’s logistics firms may struggle to operate and sharpen their competitive edge in the new context if they are not quickly to engage in digital transformation.

Foreign direct investment (FDI) flows into Vietnam are shifting to hi-tech sectors, Assoc. Prof. Dr. Ha Van Hoi from the UEB-VNU has said.

VCN - The EU-Vietnam Free Trade Agreement (EVFTA) not only opens up opportunities to help Vietnam become an important "link" in the global supply chain, but also creates opportunities for Vietnamese businesses in the EU market.

The Vietnamese economy is likely to gradually recover from the fourth quarter of 2021 and escape the minus growth seen in the third quarter thanks to the activeness of the business community and the Government’s efforts to remove obstacles facing enterprises, held economist Nguyen Bich Lam who is former Director General of the General Statistics Office.