Businesses urged to utilize CPTPP for Canadian market access
FTA exploitation should not be limited to export promotion but instead focus on developing an industrial strategy that leverages the strengths and complementarities of FTA partners.
Trade ministry outlines solutions to boost exports, mitigate risks
The ministry will propose negotiations for new FTAs with markets that have significant potential, and boost exports to these markets.
Profits shaky in industrial real estate
The latest outbreak of Covid-19 in Vietnam’s key industrial clusters has had an impact on FDI inflows. According to second-quarter business results posted by industrial real estate enterprises, which are an indication of movements in foreign investment, while many are still recording substantial profits there are others that are clearly struggling. Regarding the medium-term outlook, Vietnam’s industrial real estate segment may benefit from FTAs and companies moving away from China. Demand for land at industrial parks and for ready-built factories has increased. Localities are also actively promoting the expansion of industrial parks to catch the new investment wave. Promoting public investment would also help connect Vietnam with other regions, which in turn would help it attract FDI.