Despite challenges prompted by the complex developments of COVID-19, Vietnam saw positive signals in foreign investment in 2021.

A lot of agricultural exports have taken place after the Tết holidays to difficult markets like Japan, South Korea and Australia, giving exporters hope for a successful year.

The Asian and African markets played an important role in the growth of Việt Nam's trade thanks to positive import-export figures in 2021, according to the Ministry of Industry and Trade (MoIT).

The Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates (UAE), likely to be signed on Friday at a virtual ceremony in the presence of Prime Minister Narendra Modi and UAE Crown Prince Sheikh Mohamed bin Zayed bin Sultan Al Nahyan, is being viewed both as consolidation of the strategic partnership with the Gulf country, as well as a template for reviving the long-elusive free-trade agreement (FTA) with the Gulf Cooperation Council (GCC) at a crucial time in world politics.

ASEAN Foreign Ministers reaffirmed their commitment to ensuring the full and effective implementation of the Regional Comprehensive Economic Partnership (RCEP) during the ASEAN Foreign Ministers’ Meeting Retreat (AMMR) that was held in Phnom Penh, Cambodia, in both in-person and online formats from February 16-17, according to Cambodian Minister of Foreign Affairs and International Cooperation Prak Sokhonn.

With trade and domestic production bouncing back despite negative impacts of the health crisis, the government is making its great efforts to continue reviving the economy, which is expected to take the lead in the region in growth this year.

Việt Nam remains an attractive destination for Foreign Direct Investment (FDI), which is likely to experience a surge in 2022 after a long hiatus due to the pandemic, according to economic experts.

Although Vietnamese shrimps are gaining ground in the international market, it’s just a matter of time before the country loses its competitive advantages due to poor farming practices, industry insiders say.

There remains huge opportunities for Vietnamese enterprises to accelerate exports of agricultural and food products to the United Arab Emirates (UAE) thanks to its strong demand for these items, experts have said.

With a relatively attractive valuation and a bullish industry outlook, seafood stocks are expected to grow positively in 2022.