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Vietnam aims for trade balance by 2020

Vietnam is striving to achieve a balance of trade by 2020 as well as a total import-export turnover three times higher than in 2010 and an average per capita income of more than US$2,000.

Ministry targets tripled exports

Viet Nam wants to triple exports during 2010-20 with the aim of bringing the average level per capita to more than US$2,000 and balancing the trade books.

EU-Vietnam FTA: opportunities and challenges

A Free Trade Agreement (FTA) between Vietnam and the EU is expected to offer many new opportunities, but also pose challenges for Vietnam’s economy.Reductions on tax rates for most of the products under the FTA framework will give Vietnam an advantage over its rivals in the EU markets.

Online conference on the uk market

UK is currently one of the leading financial centers and the 5th largest economy in the world, also Europe’s second largest economy after Germany.

Vietnams textile and garment export turnover exceeded usd 156 billion in 2011

In 2011, textile and garment export turnover exceeded USD 15.6 billion. This is the highest level in the last five years and also is Vietnam’s most exported items. Despite the fact that the key markets such as the U.S., EU and Japan were difficult to enter due to common economic crises, yet the textile and garment export turnover of Vietnam still reached a record above USD 15.6 billion, up to 38% over the previous year.

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