Remittance, along with foreign direct and indirect investment and official development assistance, is a major source of Vietnam’s foreign currency supply.

The ambassador said it is very special in the sense that everyone tries it best to be prepared to have the most auspicious omens in place to receive the new year.

In addition to higher trade turnover, the implementation of the two new-generation and high-standard deals is pushing Vietnam to revise its legal framework to ensure compatibility.

In the East Asian and Pacific region, Vietnam ranked third after China and the Philippines.

Mexico, Chile and Peru were three countries that Vietnam recorded the highest trade surplus in the Latin American in 2019.