Identifying challenges and opportunities in the European market

Identifying challenges and opportunities in the European market

(VEN) - Europe is one of the potential export markets not only for the world but also for Vietnam, but exports to this market also face many challenges.
Trade and investment, a pillar of Vietnam-Italy relations

Trade and investment, a pillar of Vietnam-Italy relations

(VEN) - At the invitation of Italian Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation Antonio Tajani, Vietnamese Minister of Industry and Trade Nguyen Hong Dien leads a Vietnamese delegation on a working visit to Italy to attend the Expanded G7 Trade Ministers’ Meeting.
Vietnam greatly values cooperation in renewal energy with EU

Vietnam greatly values cooperation in renewal energy with EU

Ambassador to Belgium and head of the Vietnamese Delegation to the European Union (EU) Nguyen Van Thao has affirmed Vietnam’s recognition of great importance to cooperation in renewable energy and environmental protection with the EU and the European Chamber of Commerce in Vietnam (EuroCham Vietnam).
Italy top-4 EU trade partner of Vietnam

Italy top-4 EU trade partner of Vietnam

(VEN) - Data from the General Department of Vietnam Customs show that the Vietnamese-Italian trade value hit US$2.3 billion in the first four months of 2024, a year-on-year increase of 14 percent.
Italy values strategic partnership with Vietnam

Italy values strategic partnership with Vietnam

(VEN) - In 2024, for the first time, Vietnamese Minister of Industry and Trade was invited to the Expanded G7 Trade Ministers’ Meeting. On this occasion, Vietnamese Ambassador to Italy Duong Hai Hung talked with the Vietnam Economic News’ reporters about the significance of the industry and trade sector leader’s attendance at the meeting.
Vietnamese Trade Counselor in Switzerland: FTA negotiations to increase investment cooperation opportunities

Vietnamese Trade Counselor in Switzerland: FTA negotiations to increase investment cooperation opportunities

(VEN) - The Vietnamese Trade Office in Switzerland believes that Vietnam and Switzerland need to accelerate free trade agreement (FTA) negotiations to increase investment cooperation opportunities, particularly in key industries.
Diversification and trade promotion enhancement in European market

Diversification and trade promotion enhancement in European market

(VEN) - During the discussions at the Official Working Session of the meeting of Vietnamese trade counselors in the European region on July 18, 2024, in Rome, Italy, envoys, trade counsellors, and the heads of Vietnamese trade offices in Europe unanimously agreed that the strategy to diversify export markets has been validated, particularly during the recent challenges posed by the Covid-19 pandemic and the difficulties in some major export markets.
Vietnam seeks stronger partnership with France’s Nouvelle-Aquitaine region

Vietnam seeks stronger partnership with France’s Nouvelle-Aquitaine region

A working group from the Vietnamese Embassy in France led by Ambassador Dinh Toan Thang paid a working trip to Bordeaux, the capital city of France’s southwest region of Nouvelle-Aquitaine, from May 30 to June 1.
Italian export credit agency to invest US$1.3 billion  in Vietnam

Italian export credit agency to invest US$1.3 billion in Vietnam

(VEN) - Servizi Assicurativi del Commercio Estero (SACE) - an Italian export credit agency - has recently announced a 2024-2025 capital package worth US$1.3 billion to support Italian enterprises in Vietnam alongside Vietnamese companies using Italian technology, machinery and components.
Ninh Binh looks to promote trade cooperation with France

Ninh Binh looks to promote trade cooperation with France's Paris Ile-de-France region

Ninh Binh commits to providing the most favourable conditions for all foreign investors and businesses, including French ones, to explore investment opportunities in the northern locality, Vice Secretary of the provincial Party Committee and Chairman of the People's Council Mai Van Tuat has said.
Vietnam, France look to boost economic partnership

Vietnam, France look to boost economic partnership

Deputy Minister of Planning and Investment Tran Quoc Phuong and French Minister Delegate for Foreign Trade, Economic Attractiveness, Francophonie and French Nationals Abroad Franck Riester co-chaired the 8th session of the Vietnam-France High-Level Dialogue on Economy in Paris on May 17.
Belgium workshop spotlights business opportunities in Vietnam

Belgium workshop spotlights business opportunities in Vietnam

Business opportunities in Vietnam were introduced to Belgian enterprises by the Vietnamese trade office in the European country and the Belgium-Vietnam Alliance (BVA) at a workshop on May 16.
Bulgaria prioritizes high-tech cooperation with Vietnam

Bulgaria prioritizes high-tech cooperation with Vietnam

(VEN) - During the working visit to Bulgaria to attend the 24th session of the Vietnam-Bulgaria Intergovernmental Committee, Minister of Industry and Trade Nguyen Hong Dien and the Vietnamese delegation had a meeting with Bulgarian President Rumen Radev on May 13, 2024.
Vietnam, Bulgaria promote economic, trade cooperation

Vietnam, Bulgaria promote economic, trade cooperation

(VEN) - The Vietnamese Ministry of Industry and Trade delegation, led by Minister Nguyen Hong Dien, are paying a visit to Kazakhstan and Bulgaria from May 12-17. Attending the Inter-Governmental Committee meetings between Vietnam and the two countries, and sideline events are part of the delegation’s activities.
Vietnam, France agree to strengthen their strategic partnership

Vietnam, France agree to strengthen their strategic partnership

French Minister of the Armed Forces Sébastien Lecornu's visit "holds significant importance in strengthening the Việt Nam-France Strategic Partnership and reaffirms their commitment to leaving the past behind and moving forward".
HCM City strengthens cooperation with German firms

HCM City strengthens cooperation with German firms

Vice Chairman of the People’s Committee of Ho Chi Minh City Vo Van Hoan on April 10 received former Vice-Chancellor, former Minister of Health and Minister of Economics and Technology of Germany Philipp Rösler who is joining a delegation of German firms to visit the city.
Thai Binh boosts investment, trade cooperation with Germany

Thai Binh boosts investment, trade cooperation with Germany

A delegation from the northern province of Thai Binh, led by Deputy Secretary of the provincial Party Committee Nguyen Khac Than, visited several localities and business organisations in Germany from March 25 to 27, in a bid to enhance trade cooperation with and attract direct investment from the European nation.
Dutch businessmen explore potential investment and trade opportunities in Vietnam

Dutch businessmen explore potential investment and trade opportunities in Vietnam

The 140 businessmen of Dutch economic delegation have had a business trip to Vietnam to promote trade and investment cooperation between the two countries.
Vietnamese, Dutch firms sign aquaculture cooperation deal

Vietnamese, Dutch firms sign aquaculture cooperation deal

Vietnam’s Quan Minh Co. Ltd and the Netherlands’ De Heus Co. Ltd signed a comprehensive cooperation agreement in the northern province of Quang Ninh on March 20, marking a significant step forward in Vietnam's aquaculture industry.
Vietnam, Italy see strong potential in agriculture cooperation

Vietnam, Italy see strong potential in agriculture cooperation

The Vietnamese and Italian economies are complementary, with great potential for cooperation, with agriculture being a key area, said head of the Communist Party of Vietnam (CPV) Central Committee’s Commission for External Relations Le Hoai Trung.
Vietnam seeks stronger cooperation with French city in different fields

Vietnam seeks stronger cooperation with French city in different fields

Vietnamese Ambassador to France Dinh Toan Thang visited Grenoble city from February 17-20 as part of activities to enhance cooperation and friendship between Vietnam and French localities.
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Seven strategic directions to lead the nation into a new era

Seven strategic directions to lead the nation into a new era

In the special feature on the new era—the era of the nation's rise—on October 31, 2024, Party General Secretary To Lam outlined seven strategic directions for the country to embark on this new phase of national development.
WB, Switzerland help boost Viet Nam’s sustainable urban development

WB, Switzerland help boost Viet Nam’s sustainable urban development

The Swiss Government and the World Bank (WB) on Monday signed an agreement to promote green and resilient growth in Viet Nam’s major cities.
Finance ministry proposes extending environmental tax cut on fuel products in 2025

Finance ministry proposes extending environmental tax cut on fuel products in 2025

The Ministry of Finance has proposed to continue 50 percent reduction in environmental tax on gasoline (excluding ethanol), oil, and lubricants until the end of 2025 to spur economic growth.
Workshop looks to address environmental management issues in industrial areas

Workshop looks to address environmental management issues in industrial areas

The State Audit Office of Vietnam (SAV) hosted a workshop in Hanoi on November 5, bringing together top auditors from ASEAN member states to share experience in handling environmental management challenges in industrial clusters and craft villages.
PM visits President Ho Chi Minh relic site in Kunming

PM visits President Ho Chi Minh relic site in Kunming

Yunnan - Prime Minister Pham Minh Chinh and his entourage offered flowers in tribute to President Ho Chi Minh at a historical relic site dedicated to the late Vietnamese leader in Kunming city, Yunnan province on November 5, as part of their ongoing working visit to attend the 8th Greater Mekong Sub-region (GMS) Summit and hold bilateral activities in China.
seven strategic directions to lead the nation into a new era

Seven strategic directions to lead the nation into a new era

In the special feature on the new era—the era of the nation's rise—on October 31, 2024, Party General Secretary To Lam outlined seven strategic directions for the country to embark on this new phase of national development.
delicacy of ha nois autumn

Delicacy of Hà Nội’s autumn

Cốm (young rice) is a delicacy of Hà Nội’s autumn, from which many popular dishes have been created, but it is also being developed in new ways by younger cooks.
vietnam cuba traditional solidarity special friendship

Vietnam-Cuba traditional solidarity, special friendship

Vietnam and Cuba continue to engage in regular bilateral contacts and exchanges at various levels, particularly at the highest levels. The robust political and diplomatic relationship has facilitated significant economic and trade cooperation between the two nations. Currently, Vietnam ranks as Cuba's second-largest trade partner in Asia and stands as the largest foreign investor from the Asian region in Cuba.
vietnam expands fta network

Vietnam expands FTA network

As of October 2024, Vietnam has signed and implemented 17 Free Trade Agreements (FTAs) and is negotiating two more. Expanding its FTA network underscores Vietnam’s commitment to economic integration, offering substantial opportunities to deepen its role in global value chains, boost exports, drive GDP growth, and enhance institutional frameworks.
vietnam qatar friendship and multifaceted cooperation

Vietnam – Qatar friendship and multifaceted cooperation

Prime Minister Pham Minh Chinh, his spouse and a high-ranking delegation of Vietnam are paying an official visit to Qatar. This is the first official visit by a Vietnamese Prime Minister to Qatar in 15 years.
Finance ministry proposes extending environmental tax cut on fuel products in 2025

Finance ministry proposes extending environmental tax cut on fuel products in 2025

The Ministry of Finance has proposed to continue 50 percent reduction in environmental tax on gasoline (excluding ethanol), oil, and lubricants until the end of 2025 to spur economic growth.
NA deputies call for solutions to ensure the feasibility of drug prevention and control programme

NA deputies call for solutions to ensure the feasibility of drug prevention and control programme

Việt Nam faces not only the risk of becoming a transit hub but also the potential of evolving into a production and distribution centre for international drug trafficking.
15th NA’s 8th session to further discuss legislative, inspection work next week

15th NA’s 8th session to further discuss legislative, inspection work next week

The third working week of the 15th National Assembly (NA)’s 8th session will, between November 4 and 9, address several key issues, focusing primarily on legislative and inspection activities.
Developing education, training to serve new era of nation: PM

Developing education, training to serve new era of nation: PM

PM Chính said the Party and State consistently pay attention to education and training, which are identified as a leading policy.
Efforts to bring electricity to remote villages of Ha Giang Province

Efforts to bring electricity to remote villages of Ha Giang Province

The northern province of Ha Giang has complex terrain and a sparsely populated community, which poses many challenges to infrastructure investment, particularly in bringing electricity to remote mountainous villages. However, thanks to the efforts of local authorities and the electricity sector, Ha Giang Province is gradually realising the goal of providing electricity to all highland villages.
Vietnamese F&B industry works to catch up with green consumption trend

Vietnamese F&B industry works to catch up with green consumption trend

By promoting the use of green materials and technologies in production, Vietnam will win the world food and beverage market which is switching to the green consumption trend, according to experts.
PM calls for Qatar

PM calls for Qatar's support for energy development in Việt Nam

The Vietnamese leader made the call at a reception for Saad bin Sherida Al Kaabi, Minister of State for Energy Affairs of Qatar and CEO of Qatar Energy - a state-owned oil and gas corporation in Qatar and one of the world's leading LNG producers.
Efforts made to create breakthrough in Vietnam

Efforts made to create breakthrough in Vietnam's automobile industry

The automobile industry is expected to be a locomotive that propels the development of other industries. However, after 30 years, it continues to face numerous challenges. After several missed opportunities, many people hope that the new strategy for the development of the automobile industry will provide additional support for a breakthrough.
Foxconn to invest US$80 million in Bắc Giang for chip manufacturing expansion

Foxconn to invest US$80 million in Bắc Giang for chip manufacturing expansion

Foxconn's Shunsin Technology Việt Nam is seeking an environmental permit for a US$80 million chip manufacturing project in Bắc Giang province.
Da Nang to invest additional 16 million USD into software park

Da Nang to invest additional 16 million USD into software park

The People's Council of Da Nang city has approved the adjusted pre-feasibility study report for the development of Software Park No 2, proposed by the municipal People's Committee.
PM receives heads of leading investment firm, authority of Qatar

PM receives heads of leading investment firm, authority of Qatar

Vietnamese Prime Minister Pham Minh Chinh have received leaders of the JTA International Investment Holding and the Qatar Investment Authority (QIA) in Doha as part of his official visit to the Middle Eastern country.
Forum suggests suitable orientations for green development strategy in Lam Dong

Forum suggests suitable orientations for green development strategy in Lam Dong

An investment forum entitled “Lam Dong Green Plateau — Sustainable Green Transformation: Opportunities for Investors” took place in Da Lat City, in the Central Highlands province of Lam Dong, on the afternoon of October 30.
Krungsri proposes accelerating purchase of 50% of SHBFinance’s charter capital

Krungsri proposes accelerating purchase of 50% of SHBFinance’s charter capital

Ayudhya Public Bank Limited (Krungsri), a member of Japan's MUFG Group, has proposed to the Saigon - Hanoi Commercial Joint Stock Bank (SHB) that it will speed up the acquisition of the remaining 50% of SHBFinance’s charter capital.
Finance ministry proposes two price management scenarios for year-end

Finance ministry proposes two price management scenarios for year-end

The Ministry of Finance has released two price management scenarios to control inflation until the end of the year.
Banking sector prioritises support for import-export firms

Banking sector prioritises support for import-export firms

Affordable bank credit has supported businesses in key sectors that drive the country’s economic growth, Nguyen Duc Lenh, deputy director of the State Bank of Vietnam’s Ho Chi Minh City office, told a conference on October 31.
Smart Banking 2024 workshop and exhibition held

Smart Banking 2024 workshop and exhibition held

While accelerating digital transformation, ensuring operational safety and information security is a priority. The remark was made by Nguyen Quoc Hung, Vice Chairman and General Secretary of the Vietnam Banks’ Association (VNBA) at the Smart Banking 2024 workshop and exhibition held in Hanoi on October 29.
Workshop looks to address environmental management issues in industrial areas

Workshop looks to address environmental management issues in industrial areas

The State Audit Office of Vietnam (SAV) hosted a workshop in Hanoi on November 5, bringing together top auditors from ASEAN member states to share experience in handling environmental management challenges in industrial clusters and craft villages.
More accurate forecasts at all levels needed to reduce coastal disaster risk

More accurate forecasts at all levels needed to reduce coastal disaster risk

Establishing different warning levels for natural disaster risks will help minimise damage and overcome the consequences of natural disasters.
Nearly-98-million-USD environment project inaugurated in Ninh Thuan

Nearly-98-million-USD environment project inaugurated in Ninh Thuan

The Phan Rang-Thap Cham city sub-project – part of the Coastal Cities Sustainable Environment Project funded by the World Bank Group was inauguarted in the south-central province of Ninh Thuan on November 2 with improved infrastructure works that can benefit 69,000 local residents.
Northern region to experience first cold weather of this winter

Northern region to experience first cold weather of this winter

A strong cold spell is expected to intensify around next Monday, bringing scattered rain and a likelihood that the northern region will experience its first snap of lower temperatures.
Technology “key” to attract FDI

Technology “key” to attract FDI

(VEN) - According to Nguyen Van Toan, Vice President of the Association of Foreign Investment Enterprises (VAFIE), apart from environmental factors, technology plays an important role, not only in economic development, but also in the race to attract foreign direct investment.
HCM City partners with Google for Education in digital transformation

HCM City partners with Google for Education in digital transformation

Tim Paolini, Director of Google for Education for Asia-Pacific and Middle East, had a working session with representatives of the Ho Chi Minh City People’s Committee on November 1 to discuss cooperation orientations for digital transformation in education.
Việt Nam develops

Việt Nam develops 'purely Vietnamese' generative AI

Many businesses in Việt Nam have quickly seized the opportunity and boosted investment to master the new technology.
Vietnam’s first semiconductor expo underway in HCM City

Vietnam’s first semiconductor expo underway in HCM City

The 2024 International Exhibition for Integrated Circuit and Semiconductor Industry (SEMICON VIETNAM), the first of its kind in the country, was opened in Ho Chi Minh City on October 31.
WB, Switzerland help boost Viet Nam’s sustainable urban development

WB, Switzerland help boost Viet Nam’s sustainable urban development

The Swiss Government and the World Bank (WB) on Monday signed an agreement to promote green and resilient growth in Viet Nam’s major cities.
VRA proposes over $7.2b for Lào Cai-Hà Nội-Hải Phòng-Quảng Ninh Railway project

VRA proposes over $7.2b for Lào Cai-Hà Nội-Hải Phòng-Quảng Ninh Railway project

The project aims to meet the growing demand for rail and to maximise the line’s capacity.
Eastern section of $1.23b southern expressway will soon be opened for use

Eastern section of $1.23b southern expressway will soon be opened for use

Construction of the 57.8-km Bến Lức-Long Thành expressway began in 2014, with capital estimated at over VNĐ31.3 trillion (US$1.23 billion).
Vietnam aims to produce innovative medicines

Vietnam aims to produce innovative medicines

The Ministry of Health has proposed a policy to encourage the transfer of new and innovative drugs, aiming to create more opportunities for patients.
190 businesses win Vietnam National Brand Award 2024

190 businesses win Vietnam National Brand Award 2024

A total of 359 products from 190 businesses were honoured with the National Brand Award 2024 at a ceremony held in Hanoi on November 4 evening.
Vietnamese AI firms have many chances of development

Vietnamese AI firms have many chances of development

Demand in the domestic market along with a series of new regulations and policies are supporting for the Vietnamese AI start-up community to develop.
Cooperatives play significant role in OCOP product development

Cooperatives play significant role in OCOP product development

(VEN) - Vietnam has so far developed over 14,000 3-star or higher-ranking OCOP products. Specifically, 72.1 percent of the products are 3-star, 25.8 percent are 4-star, and 2.1 percent are 5-star or potential 5-star products).
Cơ Tu ethnic’s farm produce debuts in supermarket system

Cơ Tu ethnic’s farm produce debuts in supermarket system

Organic farm produce from the Cơ Tu ethnic group in the central province’s Tr’hy commune has been introduced at the Mena Gourmet Market in HCM City, marking a positive move for the community-based sustainable agriculture production among ethnic community in Tây Giang district.
tcty-dau-khi-vn-pv-power-2022
Calligraphy exhibition highlights literary masterpieces

Calligraphy exhibition highlights literary masterpieces

The exhibition features 18 writers from all over the country. Each has a different profession, but they all share a love of Vietnamese calligraphy and a desire to spread this passion for art to as many people as possible.
VN int’l fashion week Fall/Winter 2024 prepares to open

VN int’l fashion week Fall/Winter 2024 prepares to open

Sixteen international and Vietnamese fashion designers and brands will display their latest collections at the Aquafina Việt Nam International Fashion Week (AVIFW) Fall/Winter 2024 held in Hà Nội from November 13-16.
Delicacy of Hà Nội’s autumn

Delicacy of Hà Nội’s autumn

Cốm (young rice) is a delicacy of Hà Nội’s autumn, from which many popular dishes have been created, but it is also being developed in new ways by younger cooks.
$10-billion national target programme on cultural development officially proposed to parliament

$10-billion national target programme on cultural development officially proposed to parliament

By 2030, Việt Nam will work to restore 95 per cent of special national relics (equivalent to about 127 relics) and 70 per cent of national relics (equivalent to about 2,542 relics). The cultural industry is expected to contribute seven per cent to the country's GDP.
Time Out lists Vietnam among Top 5 Memorable Christmas Escapes in Asia

Time Out lists Vietnam among Top 5 Memorable Christmas Escapes in Asia

British magazine Time Out has unveiled a list of the Top 5 Memorable Christmas Escapes in Asia, with Vietnam and its stunning natural beauty and a distinctive heritage being placed in second position.
Foreign travellers

Foreign travellers' interest in northern regions still strong after typhoon

Digital travel platform Agoda has recently revealed that traveler interest in key northern regions of Việt Nam has remained encouraging following the damage wrought by Typhoon Yagi, which made landfall on September 7.
Ninh Bình Festival to boost historical heritages of VN’s former capitals

Ninh Bình Festival to boost historical heritages of VN’s former capitals

From November 24 to 30 in Ninh Bình City and Hoa Lư District – the former capital of Việt nation from 968 to 1009 - the festival aims to portray glorious historical milestones and 'decode' the cultural values of the ancient capital.
Halal tourism: tackling religious and cultural differences

Halal tourism: tackling religious and cultural differences

Developing a domestic Halal industry catered to Muslims has been actively promoted by the Vietnamese Government in recent years. Apart from getting Vietnamese food products to meet halal standards to enter Islamic countries, halal tourism is also a new market that experts say Việt Nam should be exploring.
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