Viet Nam wants to work with China to boost export growth, creating a stable market for agriculture products, said Minister of Industry and Trade (MoIT) Tran Tuan Anh.
Today’s real estate and construction scene is heavy with projects running behind schedule and works of poor quality causing exasperating problems for homebuyers and authorities alike.
Viet Nam and Middle Eastern and African countries have a lot of room to tap their co-operation potential, Deputy Prime Minister and Minister of Foreign Affairs Pham Binh Minh told Middle Eastern and African ambassadors at an event in Ha Noi on Monday.
Experts attending a seminar in HCMC today, September 6, agreed that the U.S.-China trade war would continue to drag on, with unpredictable developments, noting that Vietnamese enterprises have enjoyed fewer benefits from it than expected.
Vietnamese enterprises are not doing enough to learn about the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) which make them fail to grasp opportunities arising from the trade deal.
The reduction of working hours from 48 hours per week to 44 hours will create difficulties for textile and garments enterprises, according to one leading expert.
Viet Nam’s labour productivity has improved but is still low in comparison with other ASEAN members, according to a report by the Ministry of Planning and Investment.
Many Vietnamese enterprises are keeping a close eye on the escalating US-China trade war and have said the challenges from it outnumber the opportunities for them.
A trade representative has called for the construction of more deep-water ports in the Mekong River Delta to save money and time for seafood exporters.
Hundreds of real estate projects in Ho Chi Minh City have been suspended over the last two years, with many reasons being flouted for delays. The city’s People’s Committee has since been making efforts to break the cycle of stagnation in an attempt to generate a steady supply of condominium ventures into the market.