Viet Nam hopes that South Korean investors will participate more deeply in the equitisation process of Vietnamese enterprises.
Cambodia is negotiating a free trade agreement (FTA) with the Eurasian Economic Union (EAEU), a common market comprised of five nations of the former Soviet Union, hoping the new market will maintain the Kingdom’s economic growth.
Viet Nam should shift towards a more productivity and innovation-based economy while making the most of its ongoing demographic dividend to sustain high quality growth over the next decade.
Low labor productivity is a bottleneck to Vietnam’s new economic growth model. To escape the middle-income trap and make a successful breakthrough in the 2021-2045 period, the country’s total-factor productivity (TFP) should grow by 2.67%, noted Vu Viet Ngoan, head of the Prime Minister’s Economic Advisory Group.
The Vietnamese retail market has been making huge strides in a time of fast-moving shopping tendencies and international player pressures. Domestic retailers are now being forced to grow in order to keep up with global trends.
Viet Nam’s retail market needs a comprehensive development strategy to boost domestic trade, experts said at a conference in Ha Noi on Wednesday.
If the HCMC government continues investing in major infrastructure projects, embracing digitalization and Smart City initiatives and streamlining its business environment, it can reap the full benefits of the European Union-Vietnam free trade agreement (EVFTA) and attract even more trade and investment from Europe, said an official from the European Chamber of Commerce in Vietnam (EuroCham).
The Italian booth, showcasing 22 Italian firms, is introducing the latest processing and packaging solutions and technologies for the food, beverage and pharmaceutical industries; food processing technologies; and packaging and conversion technologies at ProPak & Printech Vietnam 2019, taking place at the Saigon Exhibition and Convention Center in HCMC’s District 7 from March 19 to 21.
As many as 500 enterprises from 23 countries and territories are expected to participate in the Vietnam International Trade Fair (Vietnam Expo 2019), scheduled to take place in Ha Noi from April 10 to 13.
Prime Minister Nguyen Xuan Phuc hosted Jonathan Choi, Chairman of the Hong Kong-Viet Nam Chamber of Commerce and President of Sunwah Group, in Ha Noi on Tuesday.