The AXA Investment Managers Asia headquartered in Singapore recently published an article which elucidates the reasons behind Vietnam’s high ranking on economic performance and discusses the prospects for broadening the country’s position in the regional and global production ecosystems.
Vietnam’s trade turnover in the first nine months of this year reached 483.17 billion USD, a year-on-year increase of 24.4 percent, according to the General Statistics Office.
Vietnam’s export turnover in the first eight months of 2021 rose by 21.5 percent year on year to 212.5 billion USD , despite a decline of 5.4 percent in August, the General Statistics Office (GSO) reported on August 29.
The Vietnam Dairy Products JSC – Vinamilk, the largest dairy company in Vietnam, posted a record high in net revenue of 15.71 trillion VND (682.57 million USD) in the second quarter of 2021, a year-on-year rise of 1.4 percent, according to its financial report.
The US business community plays an important role in promoting economic partnership between Vietnam and the US, stated Deputy Prime Minister Pham Binh Minh at an online talks with US firms on June 30 to exchange visions, initiatives and solutions in promoting bilateral ties and supporting Vietnam in post-pandemic recovery and development.
Vietnam and the US have huge potential to boost cooperation in trade and supply chains after COVID-19 is brought under control, which opens up many opportunities for Vietnamese firms to increase exports to this major market.
German newswire Deutsche Welle (DW) recently ran an article hailing Vietnam’s successes in combating the COVID-19 pandemic as well as economic development on the threshold of the 13th National Congress of the Communist Party of Vietnam (CPV).
The COVID-19 pandemic has cast a long shadow and created uncertainty over the global economy. The signing of the Regional Comprehensive Economic Partnership (RCEP), however, offers a beacon of hope, as it marks a victory for multilateralism and free trade regionally and globally.
Vietnam posted a record trade surplus of 20.1 billion USD in the first 11 months of this year despite the adverse impacts of the COVID-19 pandemic on the global economy, according to the General Statistics Office.
War veterans from Vietnam and the US get together on Ham Rong Bridge, Thanh Hoa province in celebration of the 25th anniversary of diplomatic relations normalisation.