Monday, November 18, 2019 3:17:32 AM - Markets open
VN-INDEX 1,010.03 -2.27/-0.22%
HNX-INDEX 106.03 -0.21/-0.20%
UPCOM-INDEX 57.00 +0.29/+0.52%
Vietnam, EU partnership prospects bright: German experts
VietnamPlus - 6/24/2019 1:01:23 PM
 (0 ratings. You must sign in to rate.)
The development potential for trade partnership between Vietnam and the EU is bright thanks to abundant opportunities brought by the soon-to-be-signed EU-Vietnam Free Trade Agreement (EVFTA), according to a German expert.
 
Dr. Gerhard Will, a Southeast Asia expert from the Berlin-based German Institute for International and Security Affairs (SWP), further said that in order to make full use of opportunities for boosting bilateral economic relations, Vietnam should make careful analysis and forecast of chances and challenges.
 
He advised Vietnam to focus on enhancing productivity and developing high-quality products with greater value, while improving the quality of human resources.
 
Meanwhile, Dr. Daniel Muller, ASEAN Regional Manager of the German Asia-Pacific Business Association (OAV), held that amidst the global trade tension, Vietnam is a promising gateway for German enterprises to reach the ASEAN. 
 
Alongside, the 96-million-strong economy has seen increasing income of locals, while the Germany-Vietnam trade partnership has been developing, he said. 
 
Through its free trade agreements, Vietnam has expressed a strong message of openness amidst the increasing trade protectionism, he said, adding that with its diverse advantages, Vietnam can make stronger competition for deeper trade cooperation with Germany.
 
Dr. Muller lauded the exchange of high-level visits between Germany and Vietnam since the beginning of 2019. In this November, the OVA will send a delegation to Vietnam to explore the country’s food processing, health care and pharmaceuticals sectors, which the German side see bright prospects of partnership for both sides.
 
He also said that in terms of foreign investor attraction policies, Vietnam should focus on areas of information and communication technology, garment and textile, and automobile.
 
Vietnam should also pay greater attention to promoting its internal strength and improve its capacity in producing domestic economic values through such project as Vinfast, the official advised.-VNA 
 
Read original article here
 
Newer News
17/11 Household businesses to be regulated: NA deputies
16/11 Steel products experience slow consumption in October
13/11 Vietnam urged to promote circular economy
11/11 Vietnam’s exports estimated at 217.05 bln USD in 10 months
09/11 Livestock exports expected to fetch US$1.2 billion this year
07/11 Vietnam’s export tunover surges 7.4 percent in 10 months
03/11 Vietnamese telcos target 5G chipsets and devices
02/11 US forecasts bright outlook for trade with Việt Nam
02/11 EVFTA must bring benefits to people: INTA chief
29/10 Anti-dumping duties on steel products extended for 5 more years
Older News
23/06 VN exports should target West Asia: conference
21/06 Deputy PM updates RoK investors on Vietnam’s policies
19/06 Vietnam’s rubber exports drop in May
18/06 Philippine company eyes investment in Vietnam’s tea industry
17/06 Growing Chinese investment in Việt Nam: time to worry?
16/06 Denim production needs green growth
14/06 Vietnam, China step up cooperation in trade, agriculture, logistics
13/06 Large FDI inflows to make Việt Nam among APAC's fastest growing economies
13/06 Building material prices on the rise
12/06 Government to crack down on trade fraud
 
Newsletter Signup
Top Stories
Reference exchange rate unchanged on November 13
VN-Index slides for second day
Reference exchange rate reverses downward trend on October 23
Prices of Grade A office space rise due to low supply
VN stocks to beat 1,000 points in Q4
Market Update
Last updated at 3:10:01 PM
VN-INDEX 1,010.03 -2.27/-0.22%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Your most recently viewed tickers will automatically show up here if you type a ticker in the Get Quotes box on the top of the page.
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.