Deputy Prime Minister Vuong Dinh Hue has expressed his belief in the bright future of Vietnam in an interview with the Vietnam News Agency (VNA) on the occasion of the Lunar New Year, which falls on January 25.

The Vietnamese Ministry of Industry and Trade (MoIT) has completed a dossier for the ratification of the EU-Vietnam Free Trade Agreement (EVFTA) since early January, and will submit it to the Prime Minister for decision.

Ho Chi Minh City wants to work with Australia to build an economic cooperation strategy, with the aim of become one of each other’s top 10 trading partners, said Politburo member and Secretary of the municipal Party Committee Nguyen Thien Nhan.

With support from the trade office of the Vietnamese Embassy in India, many Vietnamese firms participated the third international exhibition and trade fair (Indus Food 2020) held in India’s Uttar Pradesh state from January 8-10, seeking business and cooperation chances in confectionery, drinks and fruit.

Vietnam has been tapped by Japanese firms as the most promising place in Asia to invest in 2020, with India and Southeast Asian countries dominating other top spots, Kyodo News cited a survey as showing on January 8.

Minister of Planning and Investment Nguyen Chi Dung has submitted a new airline project to Prime Minister Nguyen Xuan Phuc for approval.

Despite many difficulties and challenges, the growth of private businesses will be the highlight of Vietnam’s economy in the long term, heard a forum in Ho Chi Minh City on January 6.

The State Bank of Vietnam (SBV) has issued a resolution to boost cashless payments in the country.

For the first time, Vietnam plans to announce differences between business rules before and after removals or simplifications to evaluate the efficiency of reform efforts.

The European Union-Vietnam Free Trade Agreement (EVFTA) will boost the demand for logistics services and significantly impact on Vietnam's logistics industry, said a trade official.

The EU is a potential market for Vietnam's shrimp industry next year because it is the largest shrimp market in the world, while the shrimp production of this bloc has not met its demand, according to domestic seafood experts.

Vietnam's economy has performed well in 2019, with GDP expanding by an estimated 6.8 percent, according to the World Bank (WB)'s recent report.