Business News

New free trade agreements (FTAs), which were signed and took effect in 2020, are expected to push Viet Nam into becoming more competitive by reducing trading costs and improving its business environment.

1. Metal structures fabricate boom of crane supply
2. Teleconference system supply
3. Interior equipment supply and installation
4. Sample preparation equipment supply
5. Video endoscopy tube accessories supply
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According to Nguyen The Nhien, deputy general director of Hung Thinh Land, the group has had to scale down its business due to the pandemic, and is carrying out more market research into its investment strategy. “We are changing in the three key fields of developing more affordable products, offering reasonable price, and phasing out processes of payment to clients,” Nhien said.

If 2020 is a sad song for the economy and the whole society in general, real estate is considered to be composed with low notes and high notes.

According to the representative of the Ministry of Industry and Trade, the UKVFTA was negotiated based on principles that were inherited from commitments in the EU-Viet Nam Free Trade Agreement (EVFTA) and were amended in accordance with the bilateral trade framework between Viet Nam and the UK.

Many shipping lines around the world are using container ships with large capacity. To serve such large ships, seaports need to be able to efficiently receive and handle the container ships, ensuring that they enter and exit the port safely.

Vietnam’s GDP grew 2.91 percent this year, the lowest in a decade, but it remained one of the fastest-growing economies in the world.

The garment and textile sector is targeting an export turnover of US$38-39 billion in 2021, said Lê Tiến Trường, general director of the Việt Nam Textile and Garment Group (Vinatex).