South Africa remains a promising market for Vietnam’s fishery products and serves as an important gateway for them to enter the regional market, an official has said.

Despite existing risks continuing to impact production and exports, the Ministry of Industry and Trade is still making every effort to fulfill this year’s export growth target of 8% set by the National Assembly (NA).

The administration of Binh Duong province, in collaboration with the Vietnamese Consulate General in Sydney and Becamex IDC Corporation, organized an investment promotion seminar in Sydney on May 27.

The Vietnamese economy recovered more slowly than the world economy last year, but the reverse is likely to be true this year.

Enterprises expect the export of lychees this year to increase by about 30 per cent this year.

With the UK-Vietnam Free Trade Agreement (UKVFTA) being in force for over a year, the deal helped to promote positive two-way trade growth of US$6.6 billion in 2021, an annual increase of 17.2%, despite the negative impact of the COVID-19 pandemic.

Vietnam’s blue economy is a relatively new concept that encompasses economic activities related to oceans and seas while improving livelihoods and preserving the health of the ocean ecosystem. The sea and coastal areas of Vietnam account for approximately 47-48 percent of the country’s GDP. Vietnam Briefing highlights some distinct characteristics of the blue economy as well as opportunities for investors.

The move by seven Asean states to sign up for Washington’s new trade pact, even as few details about the deal are known, is not only a signal of support for US re-engagement with the region but a bid to better ensure the balance of power in the neighbourhood, analysts say.

Room for growth is ample for Vietnamese plastic exports, as Australian demand has risen steadily in recent years.

With a growth rate of 4.5% in 2021, sub-Saharan Africa’s economy was starting to recover from the worst effects of the COVID-19 pandemic but this progress has been jeopardized.