Trade

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.

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.

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.

Dak Lak company exports first roasted coffee container to US

10:44 | 03/12/2024 Trade

MISS EDE, a coffee brand under the Dak-Lak-based EDE Farm Trade Service LLC, held a ceremony in the Central Highlands province’s Buon Ma Thuot city on December 1 to mark the shipment of its first roasted coffee container to the US.

Vietnam Grand Sale 2024: nationwide promotion programme launched to boost consumption

09:19 | 03/12/2024 Trade

HÀ NỘI — On December 2, the Ministry of Industry and Trade officially launched the 'Vietnam Grand Sale 2024', a national promotional campaign held until December 31, across the country.

Tuna exports poised to hit 1 billion USD this year

15:35 | 02/12/2024 Trade

Hanoi – Tuna export value is forecast to reach 1 billion USD in 2024, marking an 18% increase compared to last year’s figure and solidifying the product's role as one of Vietnam’s key seafood exports.

Vietnam’s e-commerce affirms pioneering role in digital economy

14:54 | 02/12/2024 Trade

(VEN) - Vietnam’s e-commerce has maintained an annual growth rate of 18-25 percent in recent years. In 2023, the sector grew by 25 percent, generating a revenue of US$20.5 billion. These results have affirmed its pioneering role in the digital economy.

11-month seafood exports bring in US$9.2 billion

16:55 | 30/11/2024 Trade

Vietnam raked in US$9.2 billion from exporting aquatic products during the initial 11 months of the year, marking an annual increase of 11.5%, reported the Vietnam Association of Seafood Exporters and Producers (VASEP).

E-commerce platforms to declare, pay taxes on behalf of sellers from April 1, 2025

16:30 | 30/11/2024 Trade

HÀ NỘI — E-commerce and digital platforms with payment functions will have to declare and pay taxes on behalf of sellers being business households and individuals from April 1, 2025.

Vietnam Online Friday 2024 launched to stimulate domestic consumption

10:18 | 30/11/2024 Trade

The Ministry of Industry and Trade launched Vietnam Online Friday 2024 on November 29 evening aimed at boosting e-commerce and providing consumers with the opportunity to purchase quality products at discounted prices.

Black Friday: sales remain low despite high discounts

15:16 | 29/11/2024 Trade

Hanoi – Customer turnout remained low on "Black Friday" – the most anticipated shopping day of the year, despite businesses actively launching promotions and offering discounts ranging from 50% to 80%.

Promoting business cooperation and market expansion

11:47 | 29/11/2024 Trade

(VEN) - The 22^nd Vietnam International Trade Fair in Ho Chi Minh City (VIETNAM EXPO 2024 HCMC), themed “Solutions for the Modern Lifestyle,” will take place from December 5-7.

Trước Sau

Latest Most Read

Can Tho attracts non-state investment

10:21 | 17/12/2024 Investment

Can Tho has been planned as a nuclear urban centre of the Mekong Delta region and received central government attention after the National Assembly issued a resolution on piloting special mechanisms for Can Tho’s development.

Agro-forestry-fisheries exports top 62 billion USD in 2024

09:19 | 17/12/2024 Trade

Vietnam’s agro-forestry-fisheries exports are projected to reach over 62 billion USD in 2024, and continue to grow next year, heard at a conference in Ho Chi Minh City on December 16.

Small nuclear reactors could power Vietnam’s net-zero future: experts

09:16 | 17/12/2024 Energy

Two Vietnamese professors who are working in the US have offered insights into the potential and challenges of nuclear power development in Vietnam, recommending an approach centred on small-scale nuclear reactors as drawn from international practices.

Vietnam home to 174 FDI projects in semiconductor sector

09:11 | 17/12/2024 Industry

Vietnam has emerged as a burgeoning hub for the semiconductor industry, now home to 174 foreign-invested projects with a total registered capital of nearly 11.6 billion USD, according to Minister of Planning and Investment Nguyen Chi Dung.

Vietnam’s e-commerce boom: a 5.8 bln USD opportunity by 2028

09:06 | 17/12/2024 Trade

Vietnam’s business-to-consumer (B2C) e-commerce export value is estimated at 145.2 trillion VND (5.8 billion USD) by 2028, with micro, small and medium-sized enterprises (MSMEs) projected to contribute 25%.

PM calls for Chinese engagement in infrastructure development projects

09:12 | 10/12/2024 News and Events

Prime Minister Pham Minh Chinh on December 9 welcomed a delegation of leaders from 18 major Chinese enterprises of the Zhang and Yan clans led by Yan Jiehe, founder and Chairman of the China Pacific Construction Group and Susun Construction Group - both among the world’s top 500 companies, who are visiting Vietnam to explore cooperation and investment opportunities.

Vietnam honours Chinese war veterans, experts in Beijing gathering

09:41 | 10/12/2024 Cooperation

The Central Military Commission, Ministry of National Defence of Vietnam held a gathering in Beijing on December 9 with over 30 Chinese war veterans and experts who supported Vietnam’s fight for national independence.

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.

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.

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.

Multimedia

Video Longform Infographic Photo

Total FDI registered in Vietnam hits 31.4 billion USD in January-November

09:02 | 17/12/2024 Infographic

As of November 30, 2024, the total newly registered capital, adjusted capital, and capital contributions or share purchases by foreign investors in Vietnam reached nearly 31.4 billion USD, up 1% increase compared to the same period last year.

First 11 months of 2024: Import-export turnover increases 15.4%

10:55 | 16/12/2024 Infographic

In the first 11 months of this year, Vietnam’s total import-export turnover reached 715.55 billion USD, up 15.4% against the same period last year, of which exports rose by 14.4% and imports up 16.4%. In the reviewed period, Vietnam enjoyed a trade surplus of 24.31 billion USD.

11-month agro-forestry-fishery exports exceed yearly target

19:55 | 15/12/2024 Infographic

Vietnam’s total export turnover of agro-forestry-fishery products in the first 11 months of 2024 reached 56.74 billion USD, an increase of 19% over the same period in 2023. The sector has exceeded the set target of 54-55 billion USD for the whole year, and is confidently aiming for a new record of 60 billion USD.

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.

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

Small nuclear reactors could power Vietnam’s net-zero future: experts

09:16 | 17/12/2024 Energy

Vietnam home to 174 FDI projects in semiconductor sector

09:11 | 17/12/2024 Industry

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’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).

Investment

Can Tho attracts non-state investment

10:21 | 17/12/2024 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.

Finance-Banking

Many banks increase deposit interest rates in year-end period

16:56 | 16/12/2024 Finance-Banking

In the year-end period, savings interest rates have become a focal point, with many banks adjusting their offerings, showing clear divergence.

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

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.

Environment

Master Plan on Sustainable Exploitation and Use of Coastal Resources announced

11:26 | 16/12/2024 Environment

(VEN) - The Master Plan on Sustainable Exploitation and Use of Coastal Resources for the 2021-2030 period, with a vision to 2050, was announced by the Ministry of Natural Resources and Environment on December 15 at a conference in Khanh Hoa Province.

French agency ready to support Ninh Thuan in climate adaptation project

11:38 | 14/12/2024 Environment

The French Development Agency (AFD) has expressed its readiness to assist the south-central province of Ninh Thuan in preparing necessary conditions for the early implementation of a project aimed at addressing drought, erosion, and flooding, and climate change adaptation.

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.

Science - Technology

Russia’s autonomous area wants to boost IT cooperation with Vietnam

15:00 | 16/12/2024 Science - Technology

Pavel Tsiporin, Deputy Governor of Russia’s Khanty-Mansiysk Autonomous Area – Ugra, has expressed his hope for cooperation with ASEAN member states, including Vietnam, in information technology (IT).

Tokyo forum provides youngsters with insights into IT career

14:55 | 16/12/2024 Science - Technology

The Vietnamese Professionals in Japan (VPJ) held the VPJ Career Forum 2024 in Tokyo on December 14, which gathered more than 100 young Vietnamese intellectuals and featured five leading experts in the field of information technology (IT), aiming to give valuable insights to youngsters to better shape their career prospects.

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

Society

Hanoi’s master plan targets per capita GRDP of 46,000 USD by 2050

16:19 | 16/12/2024 Society

The capital city’s per capita gross regional domestic product (GRDP) is expected to hit 45,000 - 46,000 USD while the urbanisation rate reach 80-85% by 2050, according to a newly-approved master plan for Hanoi in the 2021 - 2030 period with a vision to 2050.

Vietnamese students excel in mathematical skills, win big at int’l contest

16:14 | 16/12/2024 Society

Vietnamese students delivered exceptional performance and secured top honours at the 2024 UCMAS International Competition that took place in India from December 14-15.

Cashless electronic payment applied on all Hanoi bus routes

15:06 | 16/12/2024 Society

(VEN) - On the afternoon of December 15, the Hanoi People’s Committee issued a decision to expand cashless electronic payment across all 128 subsidized bus routes in the city.

Vietnam strives to complete 100,000 social houses by 2025

14:58 | 16/12/2024 Society

Based on statistics reported by localities, the Ministry of Construction projects that over 100,000 social housing units will be completed nationwide in 2025.

Vietnamese Brands

Hanoi promotes key industrial products

12:57 | 15/12/2024 Vietnamese Brands

Thirty-six products from 25 businesses were selected and recognised as Hanoi’s key industrial products for 2024.

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.

Culture

Argentine culture moves closer to Vietnam with Tango dance

15:15 | 16/12/2024 Culture

(VEN) - The Tango dance from Argentina is sometimes lively, sometimes gentle, with sophisticated melody and lyrics, is getting closer to the Vietnamese people who love the Argentine culture.

Music night honours friendship of Vietnam, Latin American countries

15:04 | 16/12/2024 Culture

The 12th Latin American Music Night took place in Hanoi on December 15, showcasing vibrant Latin music and culture.

Hue has rich potential for green, digital economic development

13:07 | 15/12/2024 Culture

Hue holds significant advantages in leveraging its heritage as a foundation for green and digital economic growth.

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.

Tourism

Ha Long Bay celebrates 30 years as a world heritage site

15:16 | 16/12/2024 Tourism

Ha Long Bay, a breathtaking gem of Vietnam, was recognised as a World Natural Heritage site three decades ago, on December 17, 1994. This 30-year milestone not only marks a moment of pride for Vietnam but also underscores the immense responsibility that comes with safeguarding such a natural treasure.

“Biet dong Sai Gon - Legendary Tunnels" tour launched

15:10 | 16/12/2024 Tourism

The People’s Committee of District 10 in Ho Chi Minh City and the Chim Canh Cut Travel Service Joint Stock Company on December 14 launched an inter-district tourist tour named "Biet dong Sai Gon - Nhung can ham huyen thoai" (Saigon Special Forces - Legendary Tunnels."

Cao Bang promotes UNESCO-recognised global geopark

13:11 | 15/12/2024 Tourism

The northern mountainous province of Cao Bang has made significant efforts to preserve the heritage values of its Non nuoc Cao Bang UNESCO Global Geopark, aiming to foster sustainable tourism development.

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.