Vietnamese exporters are finding it difficult to ship their products to China, where tightened Covid-19 measures are doubling transportation time and quadrupling costs.

According to experts, digital transformation is an inevitable strategy, the only option for Vietnamese businesses to survive and revive strongly after the pandemic, as well as avoiding lagging behind businesses globally.

Vietnam has emerged as an attractive destination for local and international investors in e-payment, e-commerce and online gaming services even during the COVID-19 pandemic, according to the Ministry of Investment and Planning.

The European Union (EU) and India expect to finalise a comprehensive free trade deal by 2024, according to EU ambassador to India Ugo Astuto, who recently said the timeline has been set, keeping in mind the next general elections scheduled in 2024 for both India as well as the EU. The pact is expected to be finalised before the polls, Astuto told reporters.

Measures aimed at promoting greater investment and trade between Vietnam and businesses in France's Nice Côte d'Azur region were discussed during a recent seminar hosted by the Chamber of Commerce and Industry (CCI) of Nice Côte d'Azur.

South Korea has sought support from regional trading partners for its bid to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), according to the country’s industry ministry.

Vietnam is anticipated to enjoy the highest trade and income gains among members of Regional Comprehensive Economic Partnership (RCEP), according to a latest World Bank report.

Professor Julie Dai Trang Nguyen (Julie Nguyen), director of the Canada-Vietnam Society (CVS), highlighted the importance of Vietnam to Canadian businesses during talks at the Standing Committee on International Trade under the House of Commons of Canada on April 27.

Vietnamese businesses are already seeing the fallout from the conflict in Eastern Europe, and the impacts are only set to increase.

Viet Nam’s machinery and equipment industry has been growing significantly, contributing to increased GDP and sub-sector industries. Viet Nam Briefing takes an in-depth look and highlights key trends and opportunities for foreign investors in the industry as Viet Nam pushes ahead with its growing economy.