Hanoi (VNA) – Vietnam is jubilantly enjoying “the
wheel of globalisation,” said Trinh Minh Anh, Chief of Office at the National Steering Committee on International Integration in Economy, adding that the country’s deep
international integration will provide plenty of opportunities to boost exports in large markets, coupled with the robust development of
digitalisation and global shift of foreign direct investment (FDI).
Broader access to major markets
Vietnam’s foreign trade posted modest growth in the first 10 months of 2020 with a trade surplus exceeding 20 billion USD, according to the General Statistics Office of Vietnam.
Plenty of opportunities are open up for Vietnamese enterprises as the country holds memberships of a number of new-generation free trade agreements. Most notable among them is the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) which covers a population of 500 million and GDP worth more than 10.5 trillion USD or 1