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At the 5th meeting of the Vietnam-Japan Joint Committee on Cooperation in Industry, Trade and Energy in Tokyo recently, both sides agreed to strengthen regional and global supply chains, improve industrial competitiveness, promote cooperation in energy transformation towards carbon neutrality and accelerate the progress of a number of key energy projects.
The EVFTA has enabled a rise in exports and investment opportunities for Vietnam with two-way trade between the EU and Vietnam surging to 14.5 per cent in 2021 to $57 billion after two years, according to the Vietnam Chamber of Commerce and Industry (VCCI). Trade rose even further to $31.7 billion by 14.6 per cent year-on-year in the first half of 2022.
Vietnam is expected to make around $368 bn in 2022 in export revenue, a 9.46 per cent year-on-year increase. The figure would exceed targets fixed by the ministry and the national government by about 8 per cent. As the country's imports are worth $367 bn for the year, there has been a trade surplus of around $1 bn — meeting the set target, the MoIT says.
Industry Articles thoughtfully curated & created by the authors known globally for their insightful & analytical view points
China’s cross-border trains under the Belt and Road Initiative (BRI) have remained resilient and have become a leading option for many international...
The COVID-19 pandemic has altered the logistics landscape, and nations are now rebuilding their logistics channels to recover to the pre-pandemic...
EU Customs has begun conformance testing from July 2022, prior to the implementation of Release 2 of the Import Control System 2.In addition, with...
Global container shipping rates have more than quadrupled since 2019, and schedule delays have risen. In some key trading routes the rate spikes are...
Keep an eye on the important upcoming trade exhibitions, conferences & fashion events globally so that you don't miss out to mark your presence.
Istanbul Expo Center, Istanbul, Turkey
At Shanghai New International Expo Centre(SNIEC), Shanghai, China
World Trade Centre, Mumbai, Mumbai, India
COEX, Seoul, South Korea, Seoul, Korea
