Prime Minister Nguyen Xuan Phuc has moved to adopt the National Strategy on the Fourth Industrial Revolution to 2030, with a target set for the digital economy to account for roughly 30% of Vietnamese GDP by the end of the period.

Ms. Nguyen Thi Huong, General Director of General Statistics Office, evaluates the economy in 2020 and comments on economic growth in 2021.

VIETNAM's GDP growth accelerated to 4.48 per cent year on year (yoy) in the last quarter of 2020, from 2.69 per cent yoy in Q3 2020, ahead of expectations.

Booming iron ore prices have insulated Australia from the worst of trade tensions with China, but Beijing's hard ball tactics should accelerate the tapping of new and faster growing export markets across the region.

It would be fanciful to think that the City of London has only sunlit uplands ahead. Finance was all but absent from December’s Brexit trade deal and the EU has so far resisted granting the UK “equivalent” regulatory status to aid market access. This week’s lurch of euro share trading from London to Paris, Amsterdam and Frankfurt was ominous — suggesting that the low tally of fewer than 10,000 jobs lost from the City so far could indeed rise towards earlier predictions of up to 75,000.

The nation looks set to enjoy a wealth of opportunities to increase export turnover of numerous key products to the UK through the enforcement of the UK – Vietnam Free Trade Agreement (UKVFTA).

The Japanese and Mexican foreign ministers agreed Tuesday to coordinate on the steady enforcement of the Trans-Pacific Partnership and expand the 11-party free trade agreement's membership.

The National Single Window (NSW) and ASEAN Single Window (ASW) mechanisms were implemented by the General Department of Customs, ministries, and sectors in line with the spirit of the Government’s Resolution No. 02/NQ-CP, dated January 1, 2020, on the continued realisation of key tasks and solutions to improve the business environment and national competitiveness in 2020.

The nation is poised to become a deep seafood processing centre and join the group made up of the three leading seafood producing and exporting countries in the world, according to a national seafood development strategy towards 2030, with a vision forward to 2045.

The nation has bright prospects for greater co-operation with India in the fields of garment and textiles moving forward, according to details released during a recent online trade exchange conference.