European businesses

The strategy also stresses the reorganisation of the domestic consumption market for livestock products to reduce intermediaries in the circulation process as well as the expansion of the trading floors for livestock products and the enhancement of deep processing to diversify product ranges. The relevant agencies will pay great attention to developing livestock according to farm scale and maintaining farm household husbandry under the traditional organic form and VIETGAP standards. The closed production and linkage model amongst all stages in the value chain will be encouraged to reduce cost and improve efficiency and added value. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 28

A forecast is just a forecast, and there are many factors affecting it. So the result will rely on government policies, such as controlling COVID-19 or boosting new economic trends, and whether we have the capability to implement measures efficiently or not. I think that with what we have achieved in 2020, the economic growth can even surpass our expectations. — VNS … [Read more...] about Viet Nam’s economic growth can even surpass expectations in 2021: expert

At the moment, we still focus more on small and mid-sized companies but are short of enterprises that can become tier-1 and tier-2 suppliers for foreign investors. So in the near future, we have to support those kinds of enterprises to develop, since large firms, such as Vingroup Joint Stock Company (VIC), are not likely to become partners with foreign investors but maybe to become their rivals. … [Read more...] about Việt Nam’s economic growth can even surpass expectations in 2021: expert

Việt Nam has joined 17 free trade agreements (FTAs) with 55 countries, and new generation FTAs such as the European Union-Vietnam Free Trade Agreement (EVFTA), the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) agreement, and the Regional Comprehensive Economic Partnership (RCEP), have all helped create new opportunities for Vietnamese exports, he said. … [Read more...] about Thai investors eye more investment opportunities in Việt Nam

Việt Nam’s diplomacy is a comprehensive diplomacy that not all countries in the world have. We have Party’s external relations, State diplomacy and people-to-people diplomacy. Therefore, promoting the Party’s relations means effectively implementing these three aspects to uphold the country’s strength in the diplomatic field, fulfilling the key goals of maintaining a peaceful and stable environment for development and keeping national sovereignty and territory as well as maintaining a friendly situation for future development. … [Read more...] about Party’s external relations help to fulfil Party Congress targets