Prime Minister Nguyen Xuan Phuc (R) and Director of Harvard Centre for International Development Ricardo Hausmann (Source: nguyenxuanphuc.org)
Hanoi (VNA) – Vietnam strives to be one of the world’s biggest exporters on the back of signed free trade agreements, Prime Minister Nguyen Xuan Phuc told Director of Harvard Centre for International Development Ricardo Hausmann during a reception in Hanoi on June 30.
Professor Hausmann said Vietnam is among a few developing countries which recorded a rapid and impressive export growth, and suggested diversifying exports and increasing products’ added value if the country wants sustainable growth.
The host hailed Hausmann’s correct and insightful awareness about Vietnam.
He said the government w🅠ill adopt the scholar’s proposal to attract more investors and technological advances to Vietnam to achieve the goal.-VNA
Panels discussed a number of obstacles facing local businesses, especially small- and medium-sized enterprises, when joining the Trans-Pacific Partnership (TPP) agreement.
Local exporters were introduced to a string of safeguards measures applied in foreign markets and an early warning system that could help them avoid possible risks.
Meeting the EU’s quality standards and demands in corporate social responsibility are key for Vietnamese exporters of agricultural products to succeed in the European market.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
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The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
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This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Prime Minister Nguyen Xuan Phuc (R) and Director of Harvard Centre for International Development Ricardo Hausmann (Source: nguyenxuanphuc.org)
