Europe is a large market for Vietnamese goods, but businesses need to grasp its quality standards and consumption trends so as to fully capitalse on this market, heard an online workshop held on July 7.

Driven by the EU-Vietnam Free Trade Agreement, investment from the bloc into Vietnam has moved in a positive direction over the past year, with bright prospects ahead on the back of the EU-Vietnam Investment Protection Agreement coming into force.

Vietnam exported a total of 4.88 million tonnes of iron and steel worth US$3.61 billion during the five months of the year, with China emerging as the largest buyer, according to the General Department of Vietnam Customs.

The government has set up an FDI task force to support multinationals and foreign businesses grasping investment opportunities in Vietnam.

Several of Vietnam’s key export sectors have become magnets for merger and acquisition (M&As) activities, posing a risk of leading enterprises in those sectors being purchased by foreign investors.

The Ministry of Construction (MoC) believes the domestic real estate market has overcome the most difficult period due to positive developments in the market as well as the whole economy in the fourth quarter of 2020.

Apart from challenges, many opportunities will be offered to the Vietnamese economy in 2021, experts have said.

Dr Tran Thi Hong Minh, Director of the Central Institute for Economic Management, talks about Vietnam’s potential for economic development in 2021.

Vietnam’s coffee exports are expected to have a good start to 2021 after a gloomy year due to the severe impacts from the COVID-19 pandemic, according to industry insiders.

The latest Business Climate Index (BCI) unveiled by the European Chamber of Commerce (EuroCham) in Vietnam on February 3 indicates that EU companies in Vietnam ended 2020 with overall optimistic view about the country's’s business climate.

The newswire aseantoday.com has said amid global and regional crises sparked by COVID-19, natural disasters and geopolitical changes, 

Last year’s export growth of 6.5% can be viewed as a bright spot in the nation’s economic picture, with this growth being attributed to the signing of a number of free trade agreements (FTAs).

Vietnam’s e-commerce market is forecast to continue growing strongly in the time to come thanks to a big population with high rates of young people and internet users.

Vietnam’s strong growth momentum in manufacturing is expected to continue in 2021, supported by growing external demand from trade deals such as the EVFTA, UKVFTA, and RCEP.

Vietnam remains one of the top 10 exporters of textiles and apparel. 

Simple materials such as rattan, bamboo and sedge at the hands of Tran Van Hung can be turned into beautiful, sophisticated handbags, favored in Vietnam and the world market.

Vietnam's export growth this year has been impressive thanks to the signing and approving of many free trade agreements (FTAs), reflecting the success of the country's steady and flexible international integration process.

Vietnam and the EU have experienced fruitful cooperation in various sectors over the course of the last three decades, 

The year 2020 has been a challenging year for many business fields, but not for rice production and exports. Vietnam has surpassed India and Thailand in terms of rice export price.

The conclusion of the UK-Vietnam Free Trade Agreement (UKVFTA) demonstrates the importance of Vietnam as a market and its heightened position in the eyes of the UK,