Trade

Bright prospects ahead for footwear exports to Chilean market

17:06 | 10/11/2024 Trade

As members of two free trade agreements (FTA), there remains ample room ahead for both Vietnam and Chile to increase the trade turnover, including footwear products, according to insiders.

Pangasius exports to Canada see 10% over 10 months

17:21 | 09/11/2024 Trade

Despite a fall in the first half of October, Vietnamese pangasius exports to the Canadian market from January 1 to October 15 rose by 10% year on year to reach US$32 million, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Vietnam's pepper exports down in volume, but surge in value

13:24 | 09/11/2024 Trade

Vietnam's pepper exports saw a 1.9% year-on-year decrease in volume but a significant 48% increase in value thanks to higher prices in the first 10 months of 2024, according to the Vietnam Pepper and Spice Association (VPSA).

India is main market for Vietnamese cinnamon exports

14:35 | 08/11/2024 Trade

India imported 3,986 tonnes of cinnamon from Vietnam in October, accounting for 39.2% of the total market share and representing a 50.1% increase from September, reported the Vietnam Pepper and Spice Association (VPSA).

Ample room for Vietnam and Peru to boost trade ties

17:30 | 11/11/2024 Trade

Despite several challenges, including global economic volatility, market competition and geographical distance, both Vietnam and Peru have plenty of opportunity to increase their trade by leveraging incentives from free trade agreements and cooperation mechanisms.

Temu, Shein must complete business registration by month-end

16:06 | 11/11/2024 Trade

The Ministry of Industry and Trade (MoIT) has engaged with representatives from cross-border e-commerce platforms Temu and Shein, mandating them to complete business registration procedures within this month.

Vietnam’s aquatic exports on track to top 10 billion USD

16:00 | 11/11/2024 Trade

Vietnam’s aquatic exports are expected to exceed the annual target of 10 billion USD on the back of strong demand from major markets, according to Deputy Minister of Agriculture and Rural Development Phung Duc Tien.

Vietnam posts trade surplus of 23.31 bln USD in 10 months

16:45 | 06/11/2024 Trade

Hanoi – Vietnam posted a trade surplus of 23.31 billion USD during January-October, reported the Ministry of Industry and Trade’s General Statistics Office (GSO).

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.

Việt Nam seafood exports climb back to $1b after two-year hiatus

09:10 | 06/11/2024 Trade

Exports to China increased by 37 per cent, the US by 31 per cent, Japan by 22 per cent, the EU by 27 per cent, and Korea by 13 per cent.

Fruit and vegetable exports likely to fetch US$7 billion this year

10:03 | 05/11/2024 Trade

With fruit and vegetable exports soaring by over 31.5% to reach US$6.4 billion during the initial 10 months of the year, Vietnamese fruit and vegetable businesses are anticipated to rake in US$7 billion this year, according to the Vietnam Fruit and Vegetable Association (Vinafruit).

VN's key exports are on a path of recovery: industry experts

09:53 | 05/11/2024 Trade

Việt Nam’s key exports have been on a strong path of recovery during the first ten months of the year, as businesses double down on improving production, seeking new partners and promoting Vietnamese products in the international market.

EU spends nearly US$3.1 billion purchasing garments and textiles from Vietnam

15:11 | 04/11/2024 Trade

The EU spent nearly US$3.1 billion on importing garments and textiles from Vietnamese suppliers during the initial nine months of the year, up nearly 10% against the same period last year, according to the General Department of Vietnam Customs.

Rice exports likely to set new record in 2024

11:07 | 04/11/2024 Trade

Vietnam sold 800,000 tonnes of rice overseas for 505 million USD in October, bringing the country's total export volume and value in the first ten months to nearly 7.8 million tonnes and 4.86 billion USD, up 10.2% and 23.4% year-on-year, respectively.

Fresh coconuts quenching new overseas markets

10:28 | 03/11/2024 Trade

Vietnam’s fresh coconuts are being increasingly consumed in international markets such as the US, China, and the UK, highlighting a bright spot in Vietnam's fruit export sector with many opportunities for breakthroughs in the near future.

Aquatic exports expected to rise in year-end despite challenges

22:04 | 02/11/2024 Trade

Aquatic exports is expected to surge in the remaining months of this year, as the year-end festive season comes, despite many challenges in the international markets, according to insiders.

Vietnamese exports to US grow as supply chains shift

10:26 | 02/11/2024 Trade

Vietnam recorded a 24% year-on-year increase in exports to the US in the second quarter, ranking second in the ASEAN region after the Philippines, which saw a 35% rise, according to Nikkei Asia trade data published on its site on October 31.

Asia remains biggest export market for Vietnamese agro-forestry-fishery products

16:01 | 01/11/2024 Trade

Asia continued to be the largest export market for Vietnam's agro- forestry- fishery products during the 10-month span, with a market share of 48.2% of the nation’s total export turnover.

US not impose anti-dumping duties on aluminum extrusions from Vietnam

09:06 | 01/11/2024 Trade

The US Department of Commerce (DOC) will not impose anti-dumping duties on aluminum extrusions imported from 14 countries and territories, including Vietnam, according to the Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade.

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.

Trước Sau

Latest Most Read

Vietnam eyes building self-reliant, sustainable semiconductor ecosystem

15:18 | 15/11/2024 Industry

Vietnam, with its skilled workforce and competitive production costs, is poised to become a critical supplier of materials, components, and assemblies for the semiconductor industry, thus making a deeper penetration into the global value chain.

PM’s Brazil, Dominican Republic trip to highlight dynamic, reform-driven Vietnam

15:09 | 15/11/2024 News and Events

Prime Minister Pham Minh Chinh’s attendance at the G20 Summit in Brazil and official visit to the Dominican Republic from November 16 – 21 will convey a message of Vietnam as a dynamic and reform-oriented nation that stands ready to take on global responsibilities, according to Deputy Minister of Foreign Affairs Pham Thanh Binh.

Participation at G20 Summit affirms Vietnam's rising position, prestige in global arena: Diplomat

15:05 | 15/11/2024 News and Events

Prime Minister Pham Minh Chinh’s participation at the upcoming G20 Summit in Rio de Janeiro, Brazil, demonstrates that issues to be discussed at the event align with the objectives Vietnam is committed to achieving, and reaffirms the country’s growing role and position in the international and regional arena, a Vietnamese diplomat has said.

Ambassador highlights importance of PM Phạm Minh Chính’s Brazil trip

14:19 | 15/11/2024 Policy

In an interview granted to the press ahead of Prime Minister Phạm Minh Chính’s trip to Brazil for the event, the diplomat said the trip is of significance in different aspects.

MoIT facilitates power plant ash and slag consumption

11:50 | 15/11/2024 Environment

(VEN) - The Ministry of Industry and Trade (MoIT) has implemented a range of consistent solutions to facilitate consumption of ash, slag and gypsum generated by coal-fired power and fertilizer production enterprises.

VN's trade turnover surges 16% in ten months

08:43 | 12/11/2024 Trade

Economic expert Vũ Vinh Phú attributed the positive trade turnover to the important role of the Ministry of Industry and Trade.

Vietnam, Chile issue joint statement

08:50 | 12/11/2024 News and Events

Vietnam and Chile on November 11 issued a 14-point joint statement on President Luong Cuong’s official visit to the South American country from November 9-11 at the invitation of Chilean President Gabriel Boric Font.

Party leader of Việt Nam holds phone talks with President-elect of US

08:55 | 12/11/2024 Policy

Party leader Tô Lâm congratulated Donald Trump on his election as the 47th President of the US while highly valuing the latter’s contributions to the development of the two countries’ relations.

Storm Toraji intensifies and moves northwest in East Sea

08:58 | 12/11/2024 Environment

Accompanied by strong winds reaching level 6, with gusts up to level 8 near Lý Sơn Island in Quảng Ngãi Province, the storm originated from a tropical depression.

Bến Thành - Suối Tiên metro line operates at 100% capacity in trial run

09:04 | 12/11/2024 Society

To date, the entire Bến Thành - Suối Tiên Metro project has reached 99 per cent completion, with the remaining one per cent mainly consisting of final inspections and procedures before it enters full operation.

Multimedia

Video Longform Infographic Photo

Seven commodities with export value of over 10 billion USD

09:20 | 15/11/2024 Infographic

Seven commodities of Vietnam posted an export value of over 10 billion USD in the first 10 months of this year, accounting for over 66.5% of the country's total export turnover.

Vietnam actively contributes to APEC

08:59 | 14/11/2024 Infographic

Vietnamese State President Luong Cuong leads a high-level delegation to Peru for an official visit and to attend the 2024 APEC Economic Leaders' Week in Lima from November 12-16 at the invitation of Peruvian President Dina Ercilia Boluarte Zegarra. Since joining APEC in 1998, Vietnam has made significant contributions to APEC’s goals, actively proposing initiatives and fulfilling key roles.

Vietnam’s national brand value reaches 507 billion USD in 2024

17:06 | 11/11/2024 Infographic

In recent years, the Vietnamese national brand has made significant strides. Vietnam has not only entered the Top 100 countries with strong national brands, but also led the world in brand value growth in 2019-2022 period.

Vietnam-Chile Comprehensive Partnership

09:51 | 10/11/2024 Infographic

President Luong Cuong’s official visit to the Republic of Chile from November 9 to 12 comes as relations between the two countries continue to grow positively. The visit aims to enhance the Vietnam-Chile Comprehensive Partnership, making it more substantive, impactful, and effective.

Vietnam manufacturing returns to expansion

13:31 | 09/11/2024 Infographic

The S&P Global Vietnam Manufacturing PMI rose to 51.2 in October from 47.3 in September, marking a return above the 50-point threshold after disruptions caused by Typhoon Yagi.

Policy

Ambassador highlights importance of PM Phạm Minh Chính’s Brazil trip

14:19 | 15/11/2024 Policy

In an interview granted to the press ahead of Prime Minister Phạm Minh Chính’s trip to Brazil for the event, the diplomat said the trip is of significance in different aspects.

PM urged parliament to pass legislation to ensure sufficient electricity, restart nuclear projects

09:47 | 13/11/2024 Policy

The Government leader noted that electricity demand is expected to rise rapidly, with a projected increase of about 12–13 per cent in 2025 and even higher in subsequent years.

New policy drafted to help non-bank credit institutions develop further

17:13 | 12/11/2024 Policy

Under the draft circular, the SBV proposes that credit institutions are reorganised in the form of converting non-bank credit institutions.

Việt Nam to stiffen regulations on violating social network platforms

16:23 | 12/11/2024 Policy

Minister of Information and Communications Nguyễn Mạnh Hùng said social networks can be a force for positive impacts, such as facilitating people to communicate and do business, but also pose many risks.

Industry & Trade

Vietnam eyes building self-reliant, sustainable semiconductor ecosystem

15:18 | 15/11/2024 Industry

Electricity demand in 2025 to be basically met: ministry

08:49 | 15/11/2024 Energy

Minister of Industry and Trade Nguyễn Hồng Diên said accurate forecasts, careful preparations and flexible operations are needed to ensure adequate supply of electricity in 2025.

Foreign investors expand chip packaging footprint in Viet Nam

16:17 | 14/11/2024 Industry

Foreign tech giants are expanding capacity in Viet Nam for testing and packaging, according to Reuters.

Construction material industry's revenue to reach 47 billion USD

11:40 | 13/11/2024 Industry

Despite significant domestic demand due to low housing rates and incomplete infrastructure, Vietnam's construction materials industry faces challenges, according to insiders.

Investment

Long An province promotes investment and trade in France

09:34 | 15/11/2024 Investment

A Vietnam-France Investment and Trade Promotion Seminar was held in Paris on November 13 to strengthen connections and seek cooperation opportunities between the Mekong Delta province of Long An and France.

Bac Giang prioritises high-tech FDI projects, services industry

17:04 | 12/11/2024 FDI

The northern province of Bac Giang will continue attracting foreign direct investment (FDI) projects in the time ahead, prioritising those using high-tech or relating to supporting industries and high-quality services, local authorities have said.

Vietnam draws new wave of high-value investments: Savills

19:30 | 10/11/2024 Investment

Vietnam’s industrial and digital sectors are experiencing a strong growth, fueled by a surge in foreign direct investment (FDI) inflows, large-scale infrastructure projects, and a favourable legal environment, according to Savills Vietnam.

Hanoi attracts 1.6 billion USD in FDI in ten months

15:18 | 07/11/2024 Investment

Hanoi attracted 58.4 million USD in foreign direct investment (FDI) in October, bringing the total in the first ten months of this year to 1.6 billion USD.

Finance-Banking

UK stands ready to help Vietnam build international financial hub

17:13 | 13/11/2024 Finance-Banking

The UK’s support for Vietnam in establishing an international financial hub is a significant development that reflects the growing economic ties between the two nations.

S&P affirms Techcombank’s BB- rating

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

S&P Global Ratings has reaffirmed Techcombank’s issuer rating of BB- with a “stable” outlook, highlighting the bank’s robust profitability, stable capitalisation and strong asset quality.

Tax sector fulfils nearly 95% of state budget collection target

15:38 | 09/11/2024 Finance-Banking

The General Department of Taxation on November 7 reported that the total state budget collection of the sector in January – October was estimated at over 1.4 quadrillion VND (55.18 billion USD), or 94.8% of the annual projection and up 16.3% against the same time last year.

Việt Nam's stock market moves closer to emerging market status amid key policy changes

18:05 | 06/11/2024 Stock Market

The swift efforts by the Vietnamese securities regulator to eliminate pre-funding requirements have garnered praise from FTSE Russell and Morgan Stanley.

Environment

MoIT facilitates power plant ash and slag consumption

11:50 | 15/11/2024 Environment

Support for communities in buffer zones helps strengthen forest conservation

09:07 | 15/11/2024 Environment

Supporting these communities enhances the livelihoods of those living near the forest, helping to alleviate pressure on resources, boost public awareness and encourage people to participate in conservation, protection and biodiversity preservation.

Hà Nội requires comprehensive emission data to develop effective air pollution control plan

15:03 | 14/11/2024 Environment

Air pollution in Hà Nội has become a significant public concern, particularly in light of reports that it is one of the most polluted cities in the world. This situation demands urgent and coordinated measures from authorities to control and mitigate pollution, which poses serious health risks to the community.

Vietnam looks towards Net Zero goal in agriculture

17:25 | 12/11/2024 Environment

(VEN) - On November 15, the Central Committee of the Vietnam Farmers’ Union, in coordination with the Ministry of Natural Resources and Environment, will hold a forum for the President of the Vietnam Farmers’ Union and the Minister of Natural Resources and Environment to listen to farmers’ opinions.

Science - Technology

Việt Nam, US sign cooperation agreement on cybersecurity

09:02 | 15/11/2024 Science - Technology

The MOU is expected to strengthen the existing partnership between the US and Việt Nam, while also helping the US promote innovation and secure digital infrastructure as well as countering the growing cyber threats.

Viettel launches the world’s first O-RAN 5G Network

16:59 | 14/11/2024 Science - Technology

Viettel on Wednesday officially announced the commercial launch of its Open RAN (O-RAN) 5G Network, featuring key equipment developed in-house at the 5G Open RAN Connect conference held at the Viettel High Tech headquarters in Hà Nội.

4G mobile network coverage reaches 99% of Vietnamese population: Minister

16:51 | 13/11/2024 Science - Technology

Vietnam's 4G mobile network coverage now reaches 99% of the population, bringing the country close to the level of developed nations, which is at 99.4%, Minister of Information and Communications Nguyen Manh Hung affirmed at a Q&A session as part of the 15th National Assembly’s ongoing 8th sitting on November 12.

Quang Ninh to host 3rd Vietnam Int'l Digital Week next week

17:11 | 12/11/2024 Science - Technology

The 3rd Vietnam International Digital Week will take place in Ha Long city, the northern province of Quang Ninh, from November 19-22 for the second consecutive year.

Society

Students invent eco-friendly material press machine to replace plastic products

09:29 | 15/11/2024 Society

Researching and designing a press machine to produce plates and bowls from readily available materials like coconut husks, areca sheaths and banana leaves not only promotes green product consumption but also helps as part of developing a sustainable economy.

Party chief urges Hai Phong to become modern maritime economic hub

08:58 | 15/11/2024 Province

As part of his working trip to the northern city of Hai Phong, Party General Secretary To Lam held a working session with the municipal Party Committee on November 14, during which he urged the local authority to pay attention to planning work, towards turning it into a modern maritime economic hub in the future.

Night flights added at six airports to meet rising travel demand during Tet

15:12 | 14/11/2024 Society

The Civil Aviation Authority of Vietnam (CAAV) has approved proposals from several domestic airlines to increase night flights to meet the higher travel demand during the Lunar New Year (Tet) which falls in late January 2025.

Vietnamese universities strive to attract international students

11:43 | 13/11/2024 Society

Over recent years, the number of international students studying at Vietnamese universities has steadily increased, reflecting a growing recognition of Vietnam’s higher education quality. This rise is attributed to universities focusing on quality assurance.

Vietnamese Brands

Central province selects OCOP products to be promoted in the US

08:58 | 15/11/2024 Vietnamese Brands

The central provincial department of Agriculture and Rural Development has included ten OCOPs (One Commune One Product) – for promotion and introduction into the US market.

Hà Nội to host large-scale international fair for key industrial products in 2025

16:54 | 12/11/2024 Vietnamese Brands

The city will also organise a conference to connect 50-70 leading industrial product manufacturers with local universities and vocational training institutions.

Agriculture, craft village festival to be held in Hà Nội

16:49 | 12/11/2024 Vietnamese Brands

Visitors will have the opportunity to explore the agricultural culture of Hà Nội and purchase high-quality products with traceable origins.

Vietnamese Goods Week brings vibrant showcase to Thai province

10:16 | 08/11/2024 Vietnamese Brands

The annual Vietnamese Goods Week has arrived in Udon Thani province of Thailand, transforming it into a vibrant marketplace for Vietnamese products.

Culture

Seminar helps fashion businesses identify future consumers

16:47 | 14/11/2024 Culture

Vietnamese fashion businesses discussed how to identify the consumer profiles and sentiments that will drive business growth in the coming years at a seminar held in Hà Nội on Monday.

Kiên Giang to host Khmer cultural festival

16:45 | 13/11/2024 Culture

The Cửu Long (Mekong Delta) province of Kiên Giang will host the 2024 Khmer Culture, Sports and Tourism Festival from November 13-16.

Two Vietnamese artists nominated for Grammy Awards

17:02 | 12/11/2024 Culture

Vietnamese-American singer Sangeeta Kaur, whose real name is Mai Xuân Loan, and director Bảo Nguyễn have been nominated for Grammy Awards this year.

Great Solidarity of Ethnic Groups Week to take place next week

09:55 | 08/11/2024 Culture

The Great Solidarity of Ethnic Groups - Vietnamese Cultural Heritage Week 2024 will take place at the Vietnam National Village for Ethnic Culture and Tourism in Hanoi from November 16-24, according to the Ministry of Culture, Sports and Tourism.

Tourism

Quảng Ninh to attract more foreign tourists by year-end

16:52 | 14/11/2024 Tourism

The northeastern province of Quảng Ninh, home to Hạ Long bay, a UNESCO World Heritage Site, is actively working to reach its target of 19 million visitors in 2024, including 3.5 million international arrivals.

Vietnam promotes int’l cooperation in MICE tourism development

14:47 | 14/11/2024 Tourism

(VEN) - MICE is a type of tourism that combines meetings, incentives, conferences, and exhibitions organized by businesses for their staff, employees, and partners. Compared to other countries in the region, Vietnam is considered to have great potential for MICE tourism development.

2025 Nha Trang – Khanh Hoa Sea Festival to spotlight cultural heritage space

17:04 | 13/11/2024 Tourism

The 11th Nha Trang – Khanh Hoa Sea Festival will take place from June 7 - 9 next year, offering a great chance for the south-central coastal province of Khanh Hoa to promote and honour the beauty and immense value of its sea.

Việt Nam to welcome more international cruise ship tourists

16:36 | 13/11/2024 Tourism

Việt Nam has recognised the potential of cruise tourism and is planning to attract more international visitors through this mode of travel.