Participation in new generation FTAs opens new cooperation opportunities for businesses in Viet Nam’s agricultural sector, but challenges remain.

Labor force quality is still a main obstacle for Vietnam to overcome.

Existing factors in the market, especially strong FDI inflow, all are supporting the prosperity of the industrial real estate market.

Many cities/provinces reject textile and garment projects because of fear of the negative impact on the environment.

With its series of recent free trade agreements, Vietnam is becoming very attractive to foreign businesses, especially in the textile and garment sector.

Experts have said Vietnam's pepper industry had better change its growth model and enhance quality to take advantage of free trade agreements (FTAs).

Vietnam is said to change its regulatory framework to tap potential offered by FTAs.

Shih Rui-Chi, representative of the Taipei Economic and Cultural Office in Vietnam, writes about the prospects of Taiwanese investment in Vietnam in the context of the country entering the CPTPP and the EVFTA this year.

The seafood industry must envision a long-term strategy to make full use of new trade pacts and prepare for problems that might arise when they take effect, Truong Dinh Hoe, VASEP general secretary, said.

It is expected that the average dairy product demand of Vietnamese will increase to 28 liters per annum by 2020.

With its engagement in many free trade agreements, Vietnam is becoming an enticing destination for foreign investors who want to engage with the country to improve their supply chains.

The countries with developed technologies such as Japan and the US, when seeking places for their long-term investments, consider possible destinations such as Vietnam, Indonesia and India very carefully.

Nearly 100 percent of materials needed to make textile and garment products must be imported, limiting Vietnam’s to take full advantage of preferential tariffs in FTAs.

The textile & garment export turnover in the first 10 months of the year reached $25.15 billion, an increase of 17.1 percent compared with the same period last year, partly due to the trade war between the US and China.

The retirement age for male and female workers could increase from 60 and 55 at present to 62 and 60 respectively from 2021, according to the Ministry of Labour, Invalids and Social Affairs (MOLISA).

VietNamNet Bridge - Though the door to the ASEAN market has opened wide with the formation of the ASEAN Economic Community (AEC), Vietnamese goods still cannot approach it.

The foreign direct investment (FDI) flow into the textile & garment and footwear industries increased sharply after Vietnam signed the EU-Vietnam FTA and CPTPP, and is expected to continue to rise in the context of the US-China trade war.

VietNamNet Bridge - Vietnam has opportunities to boost exports and attract investment, but will face big challenges because of the escalating US-China trade war.

VietNamNet Bridge - After reaching $8 billion worth of export turnover, Vietnam’s wooden furniture manufacturing enterprises are now entering the high-end market segment. 

 VietNamNet Bridge – Tran Tuan Anh, Minister of Industry and Trade talks to the newspaper Hai Quan (Customs) on how to make the best use of  free-trade agreements that have been signed.