Fuelled by the country’s efforts to improve the domestic business climate, the disbursement of foreign direct investment in Vietnam has reaped a bumper crop, reflecting the rising confidence of investors.
The free trade agreement index (FTA Index) was expected to create an impetus for localities to create a favourable environment for enterprises and enable them to take advantage of free trade deals.
The Vietnam - Korea Business Forum is expected to bring economic, trade, and investment ties between the two countries to the next level, according to President Nguyen Xuan Phuc.
Hanoi and the Australian city Gold Coast vow to strengthen their relations in the sustainability of the localities.
The Comprehensive Strategic Partnership is opening a new stage of development for the relationship and investment opportunities between Vietnam and South Korea.
Bilateral trade turnover between Vietnam and South Korea reached $80.5 billion in the first eleven months of this year, exceeding the figure for all of 2021.
The night-time economy of major cities in the country has remained underdeveloped due to a lack of proper investment and an absence of a legal framework and policies to promote it, authorities said.
Dong Nai recorded a trade surplus of nearly US$5.3 billion in the first 11 months of this year, the southern province’s Statistics Office announced on November 30.
Even though the Covid-19 pandemic is well over and businesses are making efforts at recovery so that production can continue and jobs can be retained, other factors have now come into play.
The EU-Vietnam Free Trade Agreement (EVFTA) has significantly contributed to promoting Vietnam’s exports to the international market over the past two years. However, the business community is urged to be more proactive in seeking information about the EU market to maximize the advantages of the agreement.