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EVFTA pushes up Vietnam's exports to Sweden | Business | Vietnam+ (VietnamPlus)


Vietnamese rice has many opportunities to enter the Swedish market. - Illustrative image (Photo: VNA)
Hanoi (VNA) - The EU-Vietnam Free Trade Agreement (
EVFTA) has clearly
helped promote trade between Vietnam and
Sweden, with Vietnam’s export turnover
to the country in January surging 99.94 percent year-on-year, according to the Vietnamese
Trade Office in Sweden.
With a technology-based knowledge economy and a comprehensive social welfare system,
Sweden is one of the nations with the highest living standards in the world, the office said.
Its strengths in innovation, creativity, and high-technology have helped
it export key products to Vietnam such machinery and spare parts for industry and ....

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Better technologies help firms become entrenched in global value chains


Tuesday, 19:13, 23/02/2021
Vietnamese enterprises should dig into new technologies to improve product quality and brands so as to better engage in the global value chains, Minister of Industry and Trade Tran Tuan Anh has said.
VinGroup s Vsmart phones are distributed in Spain via MediaMarkt electronics retailer. (Photo: enternews.vn)
Anh, who is also Chairman of the Party Central Committee’s Economic Commission, suggested that technological development within businesses could be made through close cooperation with foreign-invested enterprises and encouraging technology transfer.
Along with the State’s support policies and mechanisms, enterprises should also invest substantially in technologies while sharpening their focus on human resources development to master state-of-the-art technologies. ....

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More trade remedy probes predicted for Vietnamese enterprises this year | Business


More trade remedy investigations are expected in 2021. (Photo: VNA)
Hanoi (VNA) - The
Vietnamese enterprises have been recommended to gear up preparations as more trade remedy investigations are expected in 2021.
Vietnam’s participation in 14
free trade agreements (FTAs) has helped fuel its trading activities.
MoIT data shows that export turnover boomed from 15 billion USD in 2001 to nearly 100 billion USD in 2011 and then 281.5 billion USD in 2020. The figure is expected to rise 4-5 percent this year.
Sharing the same upward trend in exports, however, is the number of trade remedy cases instigated against Vietnamese goods.
Vietnamese exports, including major foreign currency earners like shrimp, tra fish, steel, and wooden products, have been subject to nearly 200 trade remedy cases so far. ....

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