Amid global and regional crises sparked by COVID-19, natural disasters and geopolitical changes, Vietnam has continued to show marked success in the fight against the pandemic and in economic growth, mainly due to strong political will and drastic measures by government and citizens, according to foreign organizations and experts. The country’s upcoming change in leadership, after the 13
th
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Since
the outbreak of COVID-19, Vietnam has become a bright spot, a model for successfully
containing the pandemic after taking rigorous, timely and effective measures to
prevent and combat the pandemic. As the global crisis stretches into its second
Promising figures offering confidence for pharma future 14:00 | 14/01/2021
Vietnamese pharmaceutical giants rushed to new business lines in 2020 to create new motivation for growth amid the ongoing pandemic complications, with some changes bringing about better results.
Clearly in a happy mood, Vu Thi Thuan, chairwoman of the countryâs second-largest publicly-traded drugmaker Traphaco JSC, is looking towards a bright future in 2021 on the back of good performance last year.
Traphaco, which boasts three big shareholders in State Capital Investment Corporation (35.67 per cent), Magbi Fund Ltd. (24.99 per cent), and Super Delta Pte., Ltd. (15.12 per cent), will organise a conference in the next few days to review 2020 operations and discuss the targets for this year.
Global models seep into tech scene 10:00 | 01/01/2021
Enduring the hardest-ever period, international investors in Vietnam have been heading to technology-driven new business models during 2020 in a bid to weather the storm of COVID-19, expecting brighter prospects in the new year on the back of new motivations and plans.
National strategies on digital advancement are providing the motivation for tech-related development across the country, Photo: Shutterstock
Rather than manufacturing or real estate, technology-backed models have become the kings of interest among businesses and investors in different sectors over the year, ranging from e-commerce and education to healthcare and banking.
Gomi, a South Korean-run technology startup founded in Vietnam in recent months, is becoming popular in a country home to thousands of South Korean fashion lovers, and where spending on fashion is still high despite the global health crisis.
Trade with Vietnam
From: Contents
The UK has signed a trade agreement with Vietnam, which is in effect.
From 1 January 2021 until the end of February 2021, preferences will be applied retrospectively for goods imported to Vietnam from the UK. This means goods entering Vietnam from the UK will initially be subject to
MFN tariffs for a short period. However, businesses will be able to claim back any additional tariffs paid in this temporary period from the Government of Vietnam. Information on reimbursements will be available from the Vietnamese government. This page will be updated as soon as possible.
This guidance provides information on aspects of trade covered by the UK-Vietnam agreement. It is for UK businesses trading with Vietnam.
Shrimp exports rise despite Covid-19
By Dat Nguyen December 25, 2020 | 12:31 pm GMT+7
Workers process shrimps at a factory in Ho Chi Minh City. Photo by Shutterstock/By Nguyen Quang Ngoc Tonkin.
Shrimp exports are set to increase by 12.4 percent this year to $3.78 billion despite the major impact Covid-19 has had on the seafood industry.
Exports to most markets were steady in the first 11 months, including the U.S., the EU, China, the U.K., Canada, and Australia even as Vietnamese companies diversified their markets amid the pandemic, the Vietnam Association of Seafood Exporters and Producers (VASEP) said.
The U.S. remained the largest buyer, with its purchases of $806.6 million representing a 34 percent increase.