News

Decisive reforms needed for Vietnam to get full EVFTA benefits: WB

Vietnam needs to fill major legal gaps and address key implementation issues to reap the full benefits of the European Union Vietnam Free Trade Agreement (EVFTA) to be ratified by Vietnam’s National Assembly in May, according to a new World Bank report.The report cites the ...

First trans-Pacific direct shipping line from Hai Phong opens

A Trans-Pacific transshipment service connecting the Hai Phong International Container Terminal (HICT) in northern Vietnam with the west coast of the US and Canada is now officially underway, shortening freight time by eight days.The momentous event affirms HICT’s capacity to berth large mother vessels and ...

First shrimp online transaction floor debuts

Vietnam’s first shrimp online transaction floor made its first public appearance in the Mekong Delta city of Can Tho on April 5, helping farmers get the highest possible prices for their product and updates on the cultivation and trade.Keep reading ...

Trade turns growth engine for globalizing Vietnam

Vietnam’s trade as a percentage of GDP topped 200 percent last year, highest for any country with over 50 million people. This data, compiled by the World Bank, shows that the country is reaping the benefits of an open economy at a time that protectionism ...

Dat Nguyen

Vietnamese firms face global trade protectionism wave

Domestic enterprises need to take preventive measures to avoid losing export markets in the near future as there is a rising trend among some nations to strengthen trade protectionism for their domestic industries by applying trade defense measures.Keep reading ...

Minh Tam

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