Trade

Việt Nam, Pakistan work to push bilateral trade to $10 billion: PMs

08:55 | 31/10/2024 Trade

The Pakistani PM suggested the two countries raise their bilateral trade to US$10 billion in the near future, and expressed his hope to soon welcome Chính and other Vietnamese leaders to Pakistan.

UKVFTA greatly benefits Vietnam-UK trade: Experts

17:02 | 30/10/2024 Trade

Hanoi – The UK-Vietnam Free Trade Agreement (UKVFTA), signed into law three years ago, has clearly benefited trade cooperation between the two countries, particularly in the context of Vietnam’s exports to most other major markets declining due to geopolitical tensions and headwinds in the global economy, said experts at a conference in Hanoi on October 30.

US receives request for anti-dumping probe into Vietnamese pharmaceutical capsules

15:39 | 30/10/2024 Trade

The US Department of Commerce (DOC) has announced that it has received a request for an anti-dumping and countervailing duty investigation on hard empty capsules imported from Brazil, China, India and Việt Nam for the pharmaceutical industry.

Nine-month rice exports to Philippines hit nearly US$2 billion

15:11 | 30/10/2024 Trade

Vietnam earned nearly US$2 billion from exporting rice to the Philippines market during the past nine months of the year, making up 42.86% of the country's total rice export turnover, according to the Vietnamese Trade Office in the Philippines.

Agro-forestry-fishery trade surplus jumps over 62% in 10 months

14:35 | 31/10/2024 Trade

The agricultural, forestry, and fishery trade surplus reached 15.21 billion USD in the first 10 months, up 62.2% compared to the same period last year, the Ministry of Agriculture and Rural Development has reported.

Vietnam-Philippines trade likely to exceed 8 billion USD for first time

10:42 | 31/10/2024 Trade

With the current rising trend, trade between Vietnam and the Philippines is likely to exceed 8 billion USD for the first time to hit about 8.5 billion USD in 2024, with Vietnam’s surplus of more than 3 billion USD, according to the Vietnamese Trade Office in the Philippines.

Agricultural exports likely to exceed 60 billion USD amid challenges

10:35 | 31/10/2024 Trade

With swift production recovery and continued growth, Vietnam's agricultural sector could potentially surpass the 60 billion USD export target, according to the Ministry of Agriculture and Rural Development (MARD).

Coffee price hikes push export revenue up

17:02 | 29/10/2024 Trade

A sharp rise in export prices has been the major reason behind a surge in the export revenue of Vietnamese coffee sector so far, according to the Việt Nam Coffee-Cocoa Association (Vicofa).

Lang Son: Trade through Huu Nghi border gate exceeds 2.5 billion USD in 10 months

16:05 | 29/10/2024 Trade

Lang Son – The value of trade flows through the Huu Nghi international border gate in the northeastern province of Lang Son surpassed 2.5 billion USD as of the end of October, up 13% year-on-year.

Vietnamese rice unaffected by quality fraud detentions in Sweden

15:55 | 29/10/2024 Trade

The Việt Nam Trade Office in Sweden has confirmed that Vietnamese rice is not among the batches temporarily seized by Swedish authorities for suspected quality fraud.

Vietnam, UAE should work harder to reach trade target of 10 billion USD: PM

15:53 | 28/10/2024 Trade

Abu Dhabi – Prime Minister Pham Minh Chinh hosted a reception for UAE Minister of Economy Abdulla Bin Touq Al Marri in Abu Dhabi on October 28 (local time), during which the Vietnamese leader suggested that Vietnam and the UAE should realise bilateral agreements, especially the to-be-signed Comprehensive Economic Partnership Agreement (CEPA), to reach the goal of 10 billion USD in two-way trade at an early date.

Vietnamese consumers increasingly prioritize high-quality domestic products

19:12 | 27/10/2024 Trade

(VEN) - In recent years, Vietnamese consumers have changed their shopping style. They no longer favor foreign products as the quality of Vietnamese goods are getting better. The promotion of the "Buy Vietnamese goods" campaign in Hanoi has brought benefits to businesses and consumers.

Much room remains for Vietnam to utilise CPTPP

17:33 | 27/10/2024 Trade

It has been five years since the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) came into effect, and Vietnam’s exports to countries in the pact have improved significantly. However, there is still much room and potential to further tap into this trade agreement in the future.

Vietnam's seafood exports maintain good market share in Singapore

11:05 | 27/10/2024 Trade

Vietnam remains among the countries with the largest seafood market share in Singapore and for the first time, Vietnamese seafood has maintained its 5th position for three consecutive quarters, according to the Vietnam Trade Office in the island-city state.

US issues final affirmative countervailing duty determination on frozen warmwater shrimp from Việt Nam

13:55 | 26/10/2024 Trade

HÀ NỘI — The US Department of Commerce (DOC) has issued the final affirmative countervailing duty determination on frozen warmwater shrimp from Việt Nam, according to the Trade Remedies Authority of Việt Nam.

Tuyên Quang exports nearly 8,000 Soi Hà pomelos to UK

13:41 | 26/10/2024 Trade

TUYÊN QUANG — A ceremony was held in the northern province of Tuyên Quang’s Yên Sơn district on Friday afternoon to launch the first export batch of almost 8,000 Soi Hà pomelos to the UK.

Foreign e-commerce platforms expand market in Việt Nam

13:21 | 26/10/2024 Trade

The presence of large e-commerce platforms from China with Vietnamese interfaces, shows the market expansion strategy of these companies.

Increasing the presence of Vietnamese goods in Belgium-based distribution chains

21:59 | 25/10/2024 Trade

(VEN) - At 6:00 PM on October 24, 2024, the last items among more than 240 Vietnamese agricultural products were fully displayed in approximately 4 square meters at the Carrefour supermarket in Brussels, ready to serve the residents of central Brussels – the famous Cinquantenaire Square area.

Many export items to US market exceed US$10 billion

17:29 | 25/10/2024 Trade

(VEN) - According to data from the General Department of Vietnam Customs, in the first nine months of 2024, Vietnam's export turnover to the US reached US$88.1 billion, up 25.4 percent over the same period last year.

E-commerce sales go up 38% in January-September

16:22 | 25/10/2024 Trade

Viet Nam's e-commerce sales were estimated at VND227.7 trillion (US$9.5 billion) in the first nine months of 2024, up 38 percent against the same period last year, according to the e-commerce data platform Metric.

Tiền Giang exports first batch of fresh coconuts to China

16:12 | 25/10/2024 Trade

Tiền Giang is also a province with a large coconut growing area in the Mekong Delta region with more than 20,650 hectares, an annual output of about 234,000 tonnes.

Trước Sau

Latest Most Read

PM meets China’s Yunnan province official

15:17 | 06/11/2024 News and Events

Prime Minister Pham Minh Chinh received Wang Ning, member of the Communist Party of China Central Committee and Secretary of the Yunnan provincial Party Committee, in Kunming city on November 6 as part of his ongoing trip to the neighbouring country.

The 2024 Vietwater & WETV exhibitions open in HCMC

14:37 | 06/11/2024 Environment

The international exhibitions on water supply, sanitation, water resources and purification (Vietwater 2024) and on waste treatment and environment technology (WETV 2024) have opened in Ho Chi Minh City (HCMC).

Party chief’s article emphasises building of streamlined, effective political system

10:36 | 06/11/2024 News and Events

Party General Secretary To Lam has freshly penned an article on building an elite, streamlined, strong, efficient, valid and effective political system.

Vietnam ranks fifth in the world in tea exports

10:26 | 06/11/2024 Trade

Phu Tho - Vietnam has become the fifth-largest tea exporter in the world with 108,000 tonnes exported by the end of September, generating a turnover of 189 million USD.

Singapore desires to lift ties with Vietnam to highest level in 2025

10:13 | 06/11/2024 Cooperation

Singapore desires to elevate its relationship with Vietnam to a Comprehensive Strategic Partnership in 2025, ambassador Jaya Ratnam told Ho Chi Minh City Party Committee Secretary Nguyen Van Nen at a reception in the city on November 5.

Top legislators of Vietnam, Cuba hold talk

16:09 | 02/11/2024 News and Events

National Assembly Chairman Tran Thanh Man held talks with visiting President of the National Assembly of People’s Power of Cuba Esteban Lazo Hernandez in Hanoi on November 2.

Top Cuban legislator’s visit evidences resolve to tighten links with Vietnam

16:26 | 02/11/2024 Cooperation

The ongoing visit to Vietnam by President of the National Assembly (NA) of People’s Power of Cuba Esteban Lazo Hernandez evidences the Caribbean nation’s determination to further intensify bilateral comprehensive cooperation in an increasingly effective, practical, and mutually beneficial manner.

Banking sector prioritises support for import-export firms

16:35 | 02/11/2024 Finance-Banking

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.

Gold demand in Vietnam falls sharply due to rapid increase in prices

16:58 | 02/11/2024 Economy

(VEN) - According to the World Gold Council, the demand for gold bars and gold coins in Vietnam fell by 33 percent quarter-on-quarter and 10 percent year-on-year, contrary to the global trend. The decline in gold demand in Vietnam is likely due to the sharp increase in gold prices.

Halal tourism: tackling religious and cultural differences

17:57 | 02/11/2024 Tourism

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.

Multimedia

Video Longform Infographic Photo

Vietnam’s role in GMS economic cooperation

09:20 | 06/11/2024 Infographic

At the invitation of Chinese Premier Li Qiang, Prime Minister Pham Minh Chinh is leading a high-level delegation to the 8th Greater Mekong Subregion (GMS) Summit from November 5-8, 2024. On this occasion, he will also attend the 10th Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) Summit and the 11th Cambodia-Laos-Myanmar-Vietnam (CLMV) Cooperation Summit and hold working sessions in China.

Practical innovations

09:15 | 06/11/2024 Science - Technology

Recent cooperation between InfraSen, a start-up in semiconductor technology, and MK Group, a leading company in technology, has shown an encouraging sign of unity between scientists and economists. The MK Group will help produce a thermal image core sensor of InfraSen for domestic and overseas markets. Let’s listen to insiders’ voices about semiconductor device production in Việt Nam!

Seven strategic directions to lead the nation into a new era

17:04 | 05/11/2024 Infographic

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 Hà Nội’s autumn

11:29 | 04/11/2024 Lifestyle

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

10:12 | 02/11/2024 Infographic

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.

Policy

Amendment to tax regulation on foreign suppliers proposed

09:13 | 06/11/2024 Policy

Under the proposal, the Government plans to clear up rules on foreign businesses which have argued that they do not have a fixed base in Việt Nam.

Lawmakers propose plans for State budget allocation

08:43 | 06/11/2024 Policy

The 15th National Assembly's eighth session continued in Hanoi on November 5 morning to scrutinise the State budget performance in 2024, the State budget projection and the proposed allocation for 2025.

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

16:47 | 05/11/2024 Policy

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

17:33 | 03/11/2024 Policy

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.

Industry & Trade

Efforts to bring electricity to remote villages of Ha Giang Province

15:15 | 04/11/2024 Energy

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

17:38 | 03/11/2024 Industry

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's support for energy development in Việt Nam

08:56 | 01/11/2024 Energy

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's automobile industry

09:28 | 31/10/2024 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.

Investment

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

16:16 | 04/11/2024 Investment

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

17:19 | 03/11/2024 Investment

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

09:07 | 01/11/2024 Investment

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

15:44 | 31/10/2024 Investment

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.

Finance-Banking

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

15:46 | 05/11/2024 Finance-Banking

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

10:11 | 04/11/2024 Finance-Banking

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

16:35 | 02/11/2024 Finance-Banking

Smart Banking 2024 workshop and exhibition held

15:32 | 31/10/2024 Finance-Banking

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.

Environment

The 2024 Vietwater & WETV exhibitions open in HCMC

14:37 | 06/11/2024 Environment

Workshop looks to address environmental management issues in industrial areas

16:34 | 05/11/2024 Environment

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

15:07 | 04/11/2024 Environment

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

10:13 | 03/11/2024 Environment

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.

Science - Technology

Practical innovations

09:15 | 06/11/2024 Science - Technology

Technology “key” to attract FDI

09:09 | 05/11/2024 Science - Technology

(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

14:47 | 04/11/2024 Science - Technology

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.