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VIETNAM BUSINESS NEWS MAY 10

VIETNAM BUSINESS NEWS MAY 10
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10/05/2021

14:01
GMT+7
Businesses advised to stay vigilant to maintain export growth
Despite a rise in export revenue in the first four months of this year, experts suggested that businesses should not be too optimistic as the COVID-19 pandemic has seen complicated developments both in and outside the country.
Statistics from the Ministry of Industry and Trade (MoIT) showed that export value in April grew 44.9 percent over the same period last year, while that in the first four months of 2021 expanded 28.3 percent year on year to 103.9 billion USD. ....

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Local enterprises must deal with challenges in FTA implementation

Vietnamese enterprises need to be proactive in terms of gaining knowledge of incentives, whilst simultaneously managing themselves in order to deal with gaps and weaknesses occurring in the implementation of FTAs, according to economic experts. ....

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Vietnam-UK trade turnover soars after post-Brexit free trade deal

Vietnam-UK trade turnover soars after post-Brexit free trade deal
By Duc Minh February 28, 2021 | 09:20 am GMT+7
Workers at a textile factory in Vietnam s southern province of Long An, February 2020. Textile is on the list of industries expected to benefit from the new free trade deal between Vietnam and the U.K. Photo by VnExpress/Quynh Tran.
Trade turnover between Vietnam and the U.K. in January increased by 78.6 percent from the same period in 2020, right after the UKVFTA came into effect.
Citing data from Vietnam Customs, the Europe-America Market Department under the Ministry of Industry and Trade said export-import turnover between Vietnam and the U.K. in January reached over $657 million. ....

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Exporters urged to improve quality, follow rules of origin under UKVFTA

Exporters urged to improve quality, follow rules of origin under UKVFTA
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Vietnamese exports to Eurasia enjoy strong growth of approximately 18%

Vietnamese exports to Eurasia enjoy strong growth of approximately 18%
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