ASEAN, China boost trade links

Economic ministers from ASEAN member countries held a meeting with representatives from China’s Ministry of Commerce on Thursday.

Footwear exports fell in many markets

The export turnover of Vietnamese footwear products to foreign markets has been sharply decreased, said data from the General Department of Customs.

FDI commitments to Việt Nam down 14% in 8 months

The FIA attributed an increase in fresh FDI commitments in the period to the liquefied natural gas (LNG) plant project worth $4 billion in the southern province of Bạc Lieu, accounting for 41.1 per cent of the total new FDI registered in the country.

Pandemic derails banks’ capital hike plans

To meet the capital adequacy ratio (CAR) of the international banking standard Basel II as required by the State Bank of Việt Nam (SBV), many State-owned and private commercial joint-stock banks approved plans to increase capital early this year.

ASEAN + 5 expect to sign RCEP Agreement in November

The Regional Comprehensive Economic Partnership (RCEP), a proposed wide-area economic partnership under negotiation among ten ASEAN member states and six countries including Japan, China, the Republic of Korea, Australia, New Zealand and India, is expected to be signed in November this year.

German businesses keen on Vietnamese market

German businesses are keen on investment and trade potential in the Vietnamese market, particularly new opportunities arising from the EU-Vietnam Free Trade Agreement (EVFTA).

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