Trade

MoIT sets export growth at 6% in 2025

09:16 | 13/12/2024 Trade

The Ministry of Industry and Trade (MoIT) has set a target of 6% export growth in 2025 as global inflation has cooled down and international market demand recovers.

Vietnam’s coffee exports possibly top 5 billion USD for first time

08:48 | 12/12/2024 Trade

Coffee prices have increased by over 50% on average this year, enabling the export revenue to potentially surpass 5 billion USD for the first time.

Vietnamese canned tuna market share in US increases

16:40 | 10/12/2024 Trade

(VEN) - After nearly half a year of continuous decline, Vietnam’s canned tuna exports to the US rebounded in October 2024.

Eleven-month cinnamon exports fetch nearly US$250 million

16:40 | 09/12/2024 Trade

Vietnam raked in more than US$249.2 million from exporting 90,270 tonnes of cinnamon during the past 11 months of the year, up 10.2% in volume and 3.9% in value against the same period from last year.

Vietnam’s textile, garment exports to reach target of US$47-48 billion in 2025

17:28 | 13/12/2024 Trade

(VEN) - Vietnam’s textile and garment exports in 2024 are expected to reach US$44 billion. The sector has set a US$47-48 billion export target for 2025.

Shrimp exports expected to hit 4 billion USD in 2024

15:30 | 13/12/2024 Trade

With double-digit growth in key markets, Vietnam's shrimp exports are projected to rake in 4 billion USD in 2024, according to insiders.

US remains largest consumer of Vietnamese scallops

09:20 | 13/12/2024 Trade

Vietnam grossed over US$31 million from exporting scallop products during the ten-month period, up 206% on-year, with the US being the country’s largest export market, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Vietnam-China trade turnover reaches nearly US$200 billion

16:36 | 09/12/2024 Trade

Two-way trade turnover between Vietnam and China during the past 11 months of the year reached US$185.4 billion, according to the latest report released by the General Statistics Office (GSO).

Vietnam - US trade turnover hits over US$122 billion in 11 months

11:19 | 08/12/2024 Trade

Two-way trade turnover between Vietnam and the US reached US$122.4 billion during the 11-month period, exceeding last year’s figure of US$111 billion, according to information released by the General Statistics Office (GSO).

Vietnam records 24.3 billion USD trade surplus in 11 months

15:43 | 06/12/2024 Trade

Hanoi (VNA) - Vietnam posted a trade surplus of 24.31 billion USD in the January-November period, according to the General Statistics Office.

Rice exports to set record of 9 million tonnes this year

09:59 | 06/12/2024 Trade

Hanoi – Rice exports are likely to hit a record high of 9 million tonnes in 2024, given a total volume of nearly 8.5 million tonnes shipped abroad in the first 11 months, according to insiders.

Việt Nam’s exports expected to hit highest growth since 2021

09:50 | 06/12/2024 Trade

HÀ NỘI — Việt Nam's exports are expected to grow by 18 per cent this year, marking the highest rate since 2021, according to UOB Bank.

Online Friday 2024 successful with impressive figures

21:38 | 05/12/2024 Trade

Hanoi – Over 900 livestreamed sessions, 1.8 billion views on TikTok shops using the hashtags #OnlineFriday and #TuHaoHangViet, nearly 4,750 response videos, and over 30 departments of industry and trade are just a few of the remarkable statistics showcasing the success of Vietnam's National E-commerce Week and Online Friday 2024 from November 25 to December 1.

Temu halts operations in VN, awaits registration approval

21:34 | 05/12/2024 Trade

HÀ NỘI — The e-commerce platform Temu, originating from China, has suspended its operations in Việt Nam as per requests from the Ministry of Industry and Trade.

Vietnam’s fruit, vegetable exports likely to set new record in 2024

16:37 | 05/12/2024 Trade

Hanoi – Vietnam's fruit and vegetable exports are projected to reach 6.6 billion USD by the end of November, fulfilling the annual target of 6-6.6 billion USD, one month ahead of schedule.

Vietnam becomes largest exporter of frozen pangasius fillets to Malaysia

14:55 | 05/12/2024 Foreign trade

(VEN) - Vietnamese pangasius products have consistently ranked among the most favored whitefish in numerous markets, and Malaysia is no exception. Vietnam’s pangasius exports to Malaysia have experienced continuous growth in recent years.

Agricultural sector’s trade surplus approximates 16.5 billion USD

16:59 | 04/12/2024 Trade

Hanoi – Vietnam recorded a trade surplus of 16.46 billion USD in agricultural, forestry, and aquatic products during the first 11 months of 2024, soaring 52.8% year on year, reported the Ministry of Agriculture and Rural Development.

Việt Nam boosts fruit imports from the US

16:27 | 04/12/2024 Trade

The import of fruits and vegetables from several markets, particularly the US, to Việt Nam surged significantly in the first 10 months of 2024.

Top legislator's visit to Japan generates huge opportunities for bilateral trade

08:56 | 04/12/2024 Trade

Hanoi – The ongoing official visit to Japan by National Assembly Chairman Tran Thanh Man and his spouse is expected to open up many opportunities for bilateral trade cooperation, said insiders.

Indonesia extends safeguard measures on polystyrene products from Vietnam

16:34 | 03/12/2024 Trade

The Indonesian Trade Safeguards Committee (KPPI) has announced the extension of safeguard measures on expansible polystyrene (EPS) products with the HS code 3903.11.10, in which Vietnam is not included on the list of excluded developing countries.

First cross-border wholesale e-commerce platform launched

16:02 | 03/12/2024 Trade

Viettel Post, an affiliate of the Military Industry and Telecoms Group (Viettel), on December 3 announced the launch of VIPO Mall, the first two-way cross-border wholesale e-commerce platform in Viet Nam.

Trước Sau

Latest Most Read

UNDP welcomes Vietnam's commitment to international cooperation

20:15 | 13/12/2024 News and Events

The year 2025 will bring many opportunities for engagement, as Vietnam is scheduled to present before several key treaty bodies supporting the conventions’ implementation.

Vietnam’s textile, garment exports to reach target of US$47-48 billion in 2025

17:28 | 13/12/2024 Trade

(VEN) - Vietnam’s textile and garment exports in 2024 are expected to reach US$44 billion. The sector has set a US$47-48 billion export target for 2025.

Shrimp exports expected to hit 4 billion USD in 2024

15:30 | 13/12/2024 Trade

With double-digit growth in key markets, Vietnam's shrimp exports are projected to rake in 4 billion USD in 2024, according to insiders.

Garment industry urged to gain self-sufficiency in raw materials for UK expansion

15:23 | 13/12/2024 Industry

Vietnam’s garment and textile industry needs to develop a closed-loop supply chain with a focus on obtaining self-sufficiency in raw materials in order to meet the rules of origin under the UK – Vietnam Free Trade Agreement (UKVFTA) for expanding exports to this market.

Vietnam announces candidacy for next-term UN Human Rights Council

15:17 | 13/12/2024 News and Events

Vietnam has officially announced its candidacy for re-election to the United Nations Human Rights Council (UNHRC) for the 2026-2028 tenure.

State budget revenue increases by 16 per cent in 11 months

16:57 | 05/12/2024 Economy

Government spending in the last 11 months also increased, by 4.7 per cent, compared to the same period last year.

Temu halts operations in VN, awaits registration approval

21:34 | 05/12/2024 Trade

HÀ NỘI — The e-commerce platform Temu, originating from China, has suspended its operations in Việt Nam as per requests from the Ministry of Industry and Trade.

Online Friday 2024 successful with impressive figures

21:38 | 05/12/2024 Trade

Hà Nội lures US$1.8 billion of FDI in 11 months

22:21 | 05/12/2024 Economy

In the January–November period, Hà Nội reported 258 new projects totalling $1.2 billion in registered capital, along with 180 active projects with combined capital increase of $283.2 million.

Vietnamese Government, US chip giant NVIDIA sign cooperation agreement

22:26 | 05/12/2024 Economy

Prime Minister Pham Minh Chinh and President and CEO of NVIDIA Jensen Huang on December 5 witnessed the signing of an cooperation agreement between the Government of Vietnam and the US chip giant on the establishment of an artificial intelligence (AI) research and development centre and an AI data center in Vietnam.

Multimedia

Video Longform Infographic Photo

Hanoi achieves or exceeds 23/24 socio-economic targets for 2024

08:57 | 13/12/2024 Infographic

Hanoi achieves rather comprehensive results in its socio-economic development in 2024, with 23/24 targets completed or exceeded.

Quang Trach – Pho Noi 500kV circuit-3 power transmission line: Miracle in infrastructure development

09:05 | 12/12/2024 Infographic

Quang Trach – Pho Noi 500kV circuit-3 power transmission line is a key project with a total investment of nearly 880 million USD. Spanning 9 provinces, the 519-km power transmission line plays an important role in enhancing the operational stability for the electricity supply system in the north in 2024 and following years, contributing to ensuring the national energy security.

Foreign tourists to Vietnam up 41% in January-November

09:11 | 11/12/2024 Infographic

In the first 11 months of 2024, Vietnam welcomed more than 15.8 million international visitors, up 41% over the same period last year. Visitors by continent included: Asia (12.61 million), Europe (1.78 million), and America (0.91 million), among others.

16 intangible cultural heritage elements recognised by UNESCO

10:06 | 06/12/2024 Infographic

The Ba Chua Xu (Holy Mother of the Realm) Festival at Sam mountain in the Mekong Delta province of An Giang was officially recognised by UNESCO as intangible cultural heritage of humanity at the 19th session of the Intergovernmental Committee for the Safeguarding of the Intangible Cultural Heritage in Paraguay on December 4. With this recognition, the festival has become the 16th intangible cultural heritage element of Vietnam recognised by UNESCO.

Vietnam-Japan Comprehensive Strategic Partnership for Peace and Prosperity in Asia and the World

08:49 | 04/12/2024 Infographic

National Assembly Chairman Tran Thanh Man and his spouse are paying an official visit to Japan from December 3-7. The visit is expected to promote the two countries' legislative ties in a practical and sustainable manner, thus concretising the comprehensive strategic partnership across spheres.

Policy

PM urges combating group interest during apparatus restructuring

10:47 | 13/12/2024 Policy

Prime Minister Pham Minh Chinh on December 12 highlighted the need to counteract group interests and personal gains during the restructuring process of the organisational apparatus, and develop appropriate policies to safeguard officials and public servants’ legitimate rights and interests.

Vietnam viewed as a priority in India's Act East policy

15:20 | 12/12/2024 Policy

The Secretary (East) at the Indian Ministry of External Affairs has highlighted Vietnam as one of the first countries with which India has engaged in a multi-dimensional manner as part of the South Asian nation’s Act East policy.

Australia shows interest in Việt Nam's vision of a 'rising era'

16:54 | 08/12/2024 Policy

Việt Nam and Australia shared a vision of a peaceful, stable, and prosperous region and the relationship between Việt Nam and Australia have been growing fruitfully in all sectors.

Plan to streamline Government's organisational apparatus finalised

09:38 | 06/12/2024 Policy

According to Minister of Home Affairs Phạm Thị Thanh Trà, the government's restructuring extends beyond ministerial consolidation, and the number of units under ministries and ministerial-level organisations will be cut by 15-20 per cent

Industry & Trade

Garment industry urged to gain self-sufficiency in raw materials for UK expansion

15:23 | 13/12/2024 Industry

Vietnam’s industrial production rises by 8.4% in 11 months

16:29 | 09/12/2024 Industry

Hanoi – Vietnam's index of industrial production (IIP) in the January – November period rose 8.4% from the same period last year, reported the General Statistics Office (GSO).

Việt Nam needs a competitive energy market: experts

16:59 | 08/12/2024 Energy

Economists, industry experts and policymakers at the event highlighted several critical challenges facing the country’s energy sector and the urgent need for strategic reforms.

Việt Nam resumes nuclear power project amid rising energy demands

17:07 | 07/12/2024 Energy

Vietnamese law-markers have approved the plan to resume the nuclear power project in the south – central province of Ninh Thuận after eight years of pause in an effort to ensure energy security while meeting Net Zero goal.

Investment

FDI remains vital contributor to boost economic growth

09:06 | 13/12/2024 Investment

Foreign direct investment (FDI) remains one of the most vital drivers of national economic growth, recording remarkable results in 2024.

Total investment for Bien Hoa - Vung Tau expressway project to increase by VND6.3 trillion

14:54 | 12/12/2024 Investment

(VEN) - The total investment of Bien Hoa - Vung Tau expressway project is expected to increase by nearly VND6.3 trillion compared to the initial estimate approved by the National Assembly.

HCM City lays out plans for sound business climate with Japanese firms

16:50 | 11/12/2024 Investment

Ho Chi Minh City pledges to develop an equal and transparent business climate for foreign firms, including those from Japan, to aid in business development plans in the southern economic hub, Vice Chairman of the municipal People’s Committee Vo Van Hoan said on December 9.

Hai Phong – a bright spot in attracting foreign investment

09:47 | 09/12/2024 Investment

With its advantageous geographical location, convenient transport connections, attractive investment environment, and consistent stance that the development of businesses is the development of the city, Hai Phong has witnessed a strong rise to become a bright spot in attracting foreign direct investment (FDI).

Finance-Banking

Deputy PM urges extra efforts to remove Vietnam from money laundering grey list

15:16 | 13/12/2024 Finance-Banking

Deputy Prime Minister Ho Duc Phoc on December 12 urged ministries and sectors to do their utmost to implement the Financial Action Task Force (FATF)’s 17 recommendations to lift Vietnam out of its list of Jurisdictions under Increased Monitoring (grey list) related to money laundering.

Realty stocks see signs of recovery

15:07 | 10/12/2024 Finance-Banking

The Vietnamese real estate market is signalling the end of a prolonged downturn, with notable signs of recovery in profitability. However the pace of revival remains measured, due to sluggish sales and limited improvements in consumer incomes.

Finance ministry to use AI in stock market surveillance

09:18 | 08/12/2024 Finance-Banking

The Ministry of Finance announced on Friday that it is researching using artificial intelligence (AI) tools to monitor transactions in the stock market.

Year-end profits put heavy pressure on banks

15:12 | 06/12/2024 Finance-Banking

(VEN) - As of the third quarter of 2024, only 11 out of 27 commercial banks have completed 75 percent or more of their pre-tax profit plans. Therefore, the year-end profit target is a huge pressure weighing heavily on their shoulders.

Environment

Bac Ninh closely monitors environmental protection at local craft villages

08:59 | 11/12/2024 Environment

(VEN) - Environmental pollution in some craft villages in the northern province of Bac Ninh has long become a “hot” issue. One typical example is the case of Phong Khe paper production village in Bac Ninh City.

Steel, thermal power enterprises participate in training course on ETS and carbon market

15:01 | 10/12/2024 Environment

From December 9-10, in Hanoi, 60 enterprises in the North participated in a training course on the Emission Trading System (ETS) and carbon market using the CarbonSim simulation tool.

Seeking capital for green transformation remains tough

16:52 | 05/12/2024 Environment

(VEN) - Shifting to green economy has become the goal of many countries and businesses around the world, including Vietnam. However, capital for green transition is still a difficult problem for the Vietnamese business community.

Drainage infrastructure development behind pace of urbanisation

11:07 | 04/12/2024 Environment

Domestic wastewater and rainwater are discharged directly into sewers, canals and ditches and then into main rivers.

Science - Technology

NVIDIA deal – catalyst for Vietnam’s tech growth: investment site

09:48 | 13/12/2024 Science - Technology

Vietnam’s partnership with US tech giant NVIDIA has reflected the Southeast Asia country’s proactive technology development strategy as well as its significant economic potential, according to Vietnam-briefing.com, an investment site of legal tax and operational advisory provider Dezan Shira & Associate.

Vietnam among pioneers in responsible technology development: Singaporean site

15:23 | 10/12/2024 Science - Technology

In an era where Artificial Intelligence (AI) is advancing at a rapid pace, Vietnam is taking steps to ensure that its AI development is ethical and socially responsible, according to an article recently published on Singaporean site opengovasia.com.

NVIDIA to build AI research and data centres in VN

08:50 | 06/12/2024 Science - Technology

An agreement to develop two centres dedicated to artificial intelligence (AI) studies was signed between the Vietnamese Government and the American technology company NVIDIA.

VinFuture Sci-Tech Week starts in Hà Nội

16:53 | 05/12/2024 Science - Technology

VinFuture Foundation organised the 'Science for Life' symposia on December 4, opening the VinFuture Sci-Tech Week and Award Ceremony series in Hà Nội.

Society

Nearly VND8.3 trillion Thuong Cat Bridge construction project approved

15:08 | 13/12/2024 Society

(VEN) - On December 12^th, Vice Chairman of the Hanoi People’s Committee Duong Duc Tuan signed a decision approving the plan and location of Thuong Cat Bridge project.

Hanoi plans to build nearly 600km of urban railway by 2045

10:51 | 13/12/2024 Society

Hanoi has approved the development of a comprehensive plan to invest in the capital’s urban railway system, with the goal of constructing more than 600 kilometres of rail by 2045.

1,200 apartments in two projects in Hanoi open for purchase by foreign nationals

09:01 | 13/12/2024 Society

Hanoi’s authorities have granted approval for more than 1,200 apartments in two prominent residential projects, Lumi Hanoi and Heritage West Lake, to be sold to foreign buyers.

HCM City needs over 40 million USD for seven railway lines by 2035

09:00 | 12/12/2024 Society

Ho Chi Minh City will need about 40.21 billion USD for constructing seven urban railway lines with a total length of about 355km by 2035, its Transport Department said.

Vietnamese Brands

Building a strong brand for Ha Giang’s thick-skinned orange

14:31 | 12/12/2024 Vietnamese Brands

(VEN) - With high nutritional value good for health, the thick-skinned orange has become well-known as a specialty of Ha Giang Province.

2024 Vietnam Business Day opens shop in Japan

14:49 | 04/12/2024 Vietnamese Brands

The Vietnam Business Association in Japan (VJBA) on December 3 held the 2024 Vietnam Business Day with the theme “Shared Vision, Shared Success".

Việt Nam's OCOP products debut at AF-L'ARTIGIANO IN FIERA 2024 in Milan

14:55 | 02/12/2024 Vietnamese Brands

Under the theme 'Việt Nam’s OCOP Products: Gathering Values, Spreading Culture', Việt Nam’s pavilion spans 200 square metres.

Top 10 reputable logistics companies in 2024 announced

07:33 | 01/12/2024 Vietnamese Brands

The Vietnam Report JSC on November 29 announced the list of top 10 reputable logistics companies for 2024.

Culture

Kinh Bac Art 3 contemporary painting exhibition opens

13:14 | 08/12/2024 Culture

(VEN) - On the afternoon of December 7, the Kinh Bac Art 3 contemporary painting exhibition was opened at the Appraisal and Exhibition Center of Art and Photography, 29 Hang Bai Street, Hoan Kiem District, Hanoi.

Exhibition on royal culture of Huế opens

14:45 | 04/12/2024 Culture

A special exhibition featuring the history and development of Huế Citadel has opened at the Museum of Hồ Chí Minh City.

Vietnamese artisans bring unique handicrafts to Milan

11:35 | 03/12/2024 Culture

Vietnamese firms are making their mark at the 28th Artigiano International Handicrafts Fair in Milan, the capital of Lombardy - Italy's largest economic and cultural hub, from November 30 - December 8.

Hanoi Digital Pho gives experience of unique culinary essence

09:19 | 03/12/2024 Culture

(VEN) - Hanoi has just introduced to consumers and tourists its cultural heritage - Hanoi Pho - in a unique way, which is digital Hanoi Pho.

Tourism

International visitors praise Phu Quoc as “beyond expectations”

14:05 | 09/12/2024 Tourism

According to top travel agencies, airlines, and leading online travel platforms, Phu Quoc offers world-class tourism products, leaving international visitors amazed every time they return.

Leading global tourism enterprises hail Phu Quoc as "Hawaii of the East"

09:20 | 09/12/2024 Tourism

Over 70 representatives from leading global airlines, travel agencies, and online travel platforms gathered in Phu Quoc for the famtrip program “Journey to Your True Paradise.” This significant event highlighted Phu Quoc’s potential, with participants unanimously recognizing the island as a “Hawaii of the East.”

Vietnam among top five favorite destinations for US tourists

21:08 | 08/12/2024 Tourism

(VEN) - In the first 11 months of 2024, the US is in the list of Vietnam's leading source of tourists with more than 706,000 visitors.

15.8 million int'l tourists came to Việt Nam in first 11 months, nearing 2024 target

07:00 | 07/12/2024 Tourism

Experts noted that the sharp increase in November is expected, as Việt Nam is in the peak international tourism season from October to March. The previous record for monthly international arrivals was set in November 2019, with over 1.8 million visitors.