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Vietnam’s seafood exports continued falling 23 percent in September, following a significant decline of 36 percent in August, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

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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.

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Switching from traditional exports to exports based on e-commerce platforms is not only an option but is a mandatory trend to help businesses survive and develop in the difficult period.

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Canada is giving China the cold shoulder over its interest in joining an 11-country Pacific Rim trading bloc that is viewed as an important gateway to diversifying Canadian trade with other Asian countries.

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The COVID-19 pandemic has hit Vietnamese enterprises in a wide range of industries but many of them have found ways to effectively mitigate the pandemic’s impact on their business, maintain production and ensure the growth of revenues and profits.

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Singapore-based financial service supplier DBS has predicted that Vietnam’s economic growth may reach 8% in 2022 thanks to rising flows of FDI and exports and digitalisation impetus.

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Difficulties still surround businesses, but domestic enterprises are developing billion-dollar cooperation contracts with foreign partners. This is testament to the vitality and efforts of Vietnamese enterprises in the face of global challenges.

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In 2022, the Government of India is set to introduce the new Foreign Trade Policy (FTP) that will provide direction to the country's broader trade policy regime in the succeeding five years.

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As of September 20, Vietnam was home to 34,141 valid foreign-invested projects worth nearly US$403.2 billion, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment. Of the sum, $245.14 billion or 60.8% percent has been disbursed.

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Vietnamese firms operating in supporting industries have been developing in recent years, as products have partly met demand in the domestic market and for export.

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