In addition to boosting exports, Vietnamese businesses are also advised to consider investing in Singapore to export to third markets.

Vietnamese enterprises need to make efforts to innovate, proactively improve competitiveness, and participate in new supply chains to boost exports to Asia, said trade official.

The Sputnik news agency of Russia recently published an article that reviewed commentaries on Vietnam posted by Russian and other countries’ press outlets, reflecting Vietnam’s COVID-19 combat and achievements in different areas, especially diplomacy and economy.

“ASEAN at 50: ASEAN Economic Community and the Opportunities for Vietnamese Businesses” is the theme of a conference in Hanoi on July 19 to mark the 50th founding anniversary of the ten-member group.

Trade and investment relations between China and the Association of Southeast Asian Nations (ASEAN) have grown significantly, said Chinese Deputy Minister of Commerce Gao Yan on July 29.