The UK – Việt Nam Free Trade Agreement (UKVFTA) was officially signed in London on December 29. On this occasion, Heather Wheeler, MP and Prime Minister’s Trade Envoy for Cambodia, Laos, Việt Nam and Vietnamese Minister of Industry and Trade Trần tuấn Anh spoke with Việt Nam News Agency about opportunities and challenges of the newly-signed trade deal which was expected to take force from early 2021.
The VN-Index unexpectedly missed the 1,100-point landmark on Wednesday as many heavyweight stocks lost value in the last trading minutes under high profit-taking pressure.
Confectionery companies are beefing up production and distribution to meet the demand for Tết (Lunar New Year), which falls on February 12 next year, though sales are expected to be somewhat lower this year because of the Covid-19 pandemic.
The garment and textile sector is targeting an export turnover of US$38-39 billion in 2021, said Lê Tiến Trường, general director of the Việt Nam Textile and Garment Group (Vinatex).
Việt Nam is estimated to enjoy a trade surplus of US$19.1 billion this year, the highest since 2016, despite the challenges posed by the COVID-19 pandemic.
Shares advanced on Tuesday on strong demand that bolstered large-caps stocks, pushing the benchmark VN-Index close to the 1,100-point level.
The chemicals industry in Việt Nam has been facing quite a few environmental and social challenges, which require it to find new pathways in development, production, and consumption to ensure sustainable development.
A gauge of Vietnamese stocks climbed on Monday following encouraging news about the Prime Minister’s new decision on the establishment of the national stock exchange.