E-commerce race heats up with new player entering arena

E-commerce race heats up with new player entering arena

A new commercial platform, nongsan.buudien.vn, has made its official debut.
Bac Ninh Province promotes farm produce sales through e-commerce platforms

Bac Ninh Province promotes farm produce sales through e-commerce platforms

(VEN) - As one of the localities with many large-scale specialized agricultural production areas, Bac Ninh Province has made significant efforts to sell its products through e-commerce platforms.
Thailand is Vietnam’s largest trading partner in ASEAN

Thailand is Vietnam’s largest trading partner in ASEAN

Thailand has maintained its position as Vietnam’s largest trading partner in ASEAN due to burgeoning trade, economic and investment activities between the two countries in recent times.
Vietnam’s tuna exports exceed US$900 million in 11 months

Vietnam’s tuna exports exceed US$900 million in 11 months

(VEN) - According to the Vietnam Association of Seafood Exporters and Producers, in the first 11 months of 2024, Vietnam exported US$903 million worth of tuna, a year-on-year increase of 17 percent.
Ha Giang Province promotes sales of local products through e-commerce

Ha Giang Province promotes sales of local products through e-commerce

(VEN) - Recently, the northern mountainous province of Ha Giang has implemented various solutions to boost trade, with particular emphasis on e-commerce development.
Top three agro-forestry-fishery suppliers of Vietnam in 11 months

Top three agro-forestry-fishery suppliers of Vietnam in 11 months

(VEN) - In the first 11 months of 2024, China, Brazil, and the US were three largest suppliers of agro-forestry-fishery products for Vietnam.
Viet Nam

Viet Nam's online export value to reach VND145.2 trillion by 2028

The value of Viet Nam's online exports are projected to reach VND 145.2 trillion by 2028.
Agro-forestry-fisheries exports top 62 billion USD in 2024

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

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

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

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%.
Vietnam’s pangasius exports reach US$1.8 billion in 11 months

Vietnam’s pangasius exports reach US$1.8 billion in 11 months

(VEN) - According to data from the Vietnam Customs, pangasius export revenue in November 2024 reached US$179 million, a 16 percent increase compared to November 2023. The cumulative pangasius export value for 11 months of 2024 totaled US$1.8 billion, up 10 percent year on year.
Maintaining stability in Vietnam’s real estate market

Maintaining stability in Vietnam’s real estate market

Vietnam’s real estate market is currently showing positive recovery after a difficult period, thanks to economic stability and government support policies.
CPTPP, UKVFTA to boost UK - Vietnam trade relations

CPTPP, UKVFTA to boost UK - Vietnam trade relations

Together with the UK - Vietnam Free Trade Agreement (UKVFTA), the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will create new opportunities for companies and consumers in the UK and Vietnam, affirmed British Ambassador to Vietnam Iain Frew.
Total retail sales of goods, services in 11 months up 8.8%

Total retail sales of goods, services in 11 months up 8.8%

Vietnam’s total retail sales of consumer goods and services saw a year-on-year increase of 8.8% to more than VND5.8 quadrillion (US$228.4 billion) in January – November, according to the General Statistics Office (GSO).
Fruit and vegetable sector sets sights on US$10 billion export target by 2030

Fruit and vegetable sector sets sights on US$10 billion export target by 2030

The Vietnamese fruit and vegetable industry is anticipated to earn US$10 billion from exports by 2030, said Dang Phuc Nguyen, general secretary of the Vietnam Fruit and Vegetable Association (Vinafruit).
Hanoi ensures sufficient goods stockpiles for Tet holiday

Hanoi ensures sufficient goods stockpiles for Tet holiday

The Hanoi Department of Industry and Trade and enterprises are gearing up for the upcoming Tet (Lunar New Year) holiday with plans to ensure a robust supply of goods and stabilise prices to meet consumer needs during the peak shopping season.
Vietnam’s textile, garment exports to reach target of US$47-48 billion in 2025

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

(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

Shrimp exports expected to hit 4 billion USD in 2024

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

US remains largest consumer of Vietnamese scallops

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).
MoIT sets export growth at 6% in 2025

MoIT sets export growth at 6% in 2025

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

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

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

Vietnamese canned tuna market share in US increases

(VEN) - After nearly half a year of continuous decline, Vietnam’s canned tuna exports to the US rebounded in October 2024.
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Air tickets from HCMC fully booked for Tet holiday

Air tickets from HCMC fully booked for Tet holiday

Flight tickets for many routes from Ho Chi Minh City (HCMC) to northern and central provinces or cities for the upcoming Tet (Lunar New Year) holiday have sold out.
Cheap capital returns to banks

Cheap capital returns to banks

(VEN) - The balance of individuals’ current account savings accounts (CASA) in banks reached a record high of more than VND1.19 quadrillion, boosting cheap capital and profitability for banks.
PV GAS sets many records, exceeds 2024 production, business plan

PV GAS sets many records, exceeds 2024 production, business plan

(VEN) - With the motto of action “Adding new motivation, renewing old motivation,” along with the proactiveness, determination, and breakthrough in transforming the business model, PV GAS is estimated to comprehensively complete and exceed the production and business targets for 2024, setting many records and historical milestones.
Vietnam emerges as strategic player in global economy

Vietnam emerges as strategic player in global economy

The website sourceofasia.com has recently published an article, highlighting that Vietnam has emerged as a crucial player in the global economy due to balancing its dual trade partnerships with superpowers like the US and China.
Vietnam outpaces Bangladesh to become world’s second apparel - textile exporter

Vietnam outpaces Bangladesh to become world’s second apparel - textile exporter

Vietnam has surpassed Bangladesh to become the world’s second largest apparel and textile exporter, ranking only behind China, said Hoang Manh Cam, spokesperson for the Vietnam National Textile and Garment Group (Vinatex) at a press briefing on December 25.
glorious tradition of the vietnam peoples army

Glorious tradition of the Vietnam People's Army

The Vietnam People’s Army (VPA) celebrate its 80th founding anniversary on December 22, 2024, a milestone in the army’s glorious history of serving and defending the nation. After 80 years of construction and development, the VPA has truly proven its revolutionary nature as an army “born from the people, fighting for the people, and serving the people”.
total fdi registered in vietnam hits 314 billion usd in january november

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

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 154

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

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

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

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 2324 socio economic targets for 2024

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

Hanoi achieves rather comprehensive results in its socio-economic development in 2024, with 23/24 targets completed or exceeded.
Amended Electricity Law proves MoIT’s institutional improvement success

Amended Electricity Law proves MoIT’s institutional improvement success

(VEN) - The amended Electricity Law has been recently passed by the National Assembly, marking a new milestone deeply influenced by the Ministry of Industry and Trade (MoIT) in enhancing the institutional framework in a “rapid” spirit.
Ministry proposes extending agricultural land tax exemption through 2030

Ministry proposes extending agricultural land tax exemption through 2030

The Ministry of Finance has proposed the National Assembly extend the agricultural land tax exemption until December 31, 2030, a move aimed at encouraging investments in agriculture and rural areas to improve the competitive edge of the agricultural products amidst deeper international integration.
Gov

Gov't targets to gradually make English second language at schools by 2030

The Government has approved a plan for international cooperation in the field of education and training until 2030 in order to improve the quality of workforce for socio-economic development.
Nine newly-adopted laws made public

Nine newly-adopted laws made public

The Presidential Office on December 20 announced the President’s order to make public nine new laws that were passed by the 15th National Assembly at its eighth session.
Industry sector asked to urgently restart Ninh Thuan nuclear power project

Industry sector asked to urgently restart Ninh Thuan nuclear power project

The industry and trade sector should exert efforts to speed up the implementation of the revised Electricity Law and the policy on restarting the Ninh Thuan nuclear power project in the south-central province of the same name, Deputy Prime Minister Bui Thanh Son has said.
Success story behind 500kV Circuit-3 transmission line project

Success story behind 500kV Circuit-3 transmission line project

(VEN) - After over-seven-month construction, the 500kV Circuit-3 Quang Trach - Pho Noi power transmission line project, with its enormous workload, was completed on schedule, marking a milestone of the Vietnamese electricity sector in 2024.
Ministry proposes incentives for renewable energy projects

Ministry proposes incentives for renewable energy projects

The Ministry of Industry and Trade has proposed incentives to attract investments in renewable energy projects in a draft decree on implementing the Law on Electricity, which has recently been made public for comments.
The Era of Advancement for Vietnam Industrial Park

The Era of Advancement for Vietnam Industrial Park

(VEN) - The Vietnam Industrial Park Forum 2024, themed “The Era of Advancement for Vietnam Industrial Park”, is officially held in Ho Chi Minh City.
Vietnam increasingly attractive to foreign investors

Vietnam increasingly attractive to foreign investors

(VEN) - Many economists and international organizations forecast Vietnam can attract US$39-40 billion of foreign direct investment (FDI) in 2024, comparable to the result achieved in 2023, over US$39 billion.
Nghe An Southeast Economic Zone aims to attract 1 billion USD in FDI in 2025

Nghe An Southeast Economic Zone aims to attract 1 billion USD in FDI in 2025

The Southeast Economic Zone of Nghe An Province targets attracting around 1 billion USD in foreign direct investment (FDI) in 2025, heard at a conference held by the Nghe An Southeast Economic Zone Management Board in Vinh City on December 20.
Boeing aims to expand investment and cooperation in Vietnam’s defense sector

Boeing aims to expand investment and cooperation in Vietnam’s defense sector

Mr. Dale McDowall, Executive Leader, Defense and Aerospace, Singapore and Southeast Asia at Boeing's Defense, Space & Security, announced that Boeing aims to invest in Vietnam and expand cooperation in the defense sector.
Can Tho attracts non-state investment

Can Tho attracts non-state 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.
Banking sector: Capital flows with no congestion

Banking sector: Capital flows with no congestion

(VEN) - So far, despite the difficulties in capital sources, the Vietnamese banking sector continued to maintain stability. Capital injection into the economy has been more favorable, with no congestion like in previous years. That is a great achievement of the sector in 2024.
Cashless payment requires biometric data updating from January 1, 2025

Cashless payment requires biometric data updating from January 1, 2025

From January 1, 2025, customers will not be able to perform any digital transactions on mobile if they have not completed the biometric information update.
Year-end surge in property bond issuance amid financial challenges

Year-end surge in property bond issuance amid financial challenges

As 2024 draws to a close, Vietnam's real estate industry is witnessing a notable surge in corporate bond issuances.
Vietcombank named most valuable brand in Vietnam

Vietcombank named most valuable brand in Vietnam

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has become the most valuable brand in Vietnam in 2024, according to a recently released report of Forbes Vietnam.
Sowing millions of seeds to green Vietnam’s shared home

Sowing millions of seeds to green Vietnam’s shared home

Each year in Vietnam, millions of seeds are persistently sown to increase forest coverage, contributing to watershed protection, safeguarding mangrove ecosystems, and mitigating the impacts of climate change.
Dong Thap revives red-crowned crane population

Dong Thap revives red-crowned crane population

In a bid to save its iconic symbol, the Mekong Delta province of Dong Thap is embarking on a conservation and development scheme for the critically endangered red-crowned cranes at the Tram Chim National Park for the 2022–2032 period.
Vietnam likely to face continued turbulent weather systems in 2025

Vietnam likely to face continued turbulent weather systems in 2025

Global temperatures are expected to rise next year, posing a significant risk of extreme and prolonged heat waves in Vietnam, Mai Van Khiem, Director of the National Centre for Hydro-Meteorological Forecasting (NCHMF), has predicted.
Nature-based projects help Mekong Delta fight climate change

Nature-based projects help Mekong Delta fight climate change

Nature-based projects implemented by the World Wildlife Fund (WWF) Vietnam in the Mekong Delta region have helped support local residents to adapt to climate change, heard at a workshop which is part of The Mekong Connect Forum 2024 held in Mekong Delta province of An Giang on December 17.
Innovative startup ecosystem witnesses strong development

Innovative startup ecosystem witnesses strong development

(VEN) - Vietnam is emerging as one of the dynamic emerging economies and a hub for innovative startups in the Asia-Pacific region thanks to a strong development of its innovative business ecosystem.
Top 10 science and technology highlights in Vietnam in 2024 announced

Top 10 science and technology highlights in Vietnam in 2024 announced

The Vietnam Science and Technology Journalists Club announced the 10 most significant science and technology events of the year on December 23, 2024. This marks the 19th year the club has organised the selection.
Contracts worth 286.3 million USD inked at Vietnam Int’l Defence Expo 2024

Contracts worth 286.3 million USD inked at Vietnam Int’l Defence Expo 2024

Sixteen contracts worth 286.3 million USD in total, and 17 cooperation agreements between Vietnam’s defence industry units and businesses from various countries such as the US, India, France and Belgium were signed at the Vietnam International Defence Expo 2024 held in Hanoi from December 19-22.
Vietnam can partner with UK in developing nuclear power: Expert

Vietnam can partner with UK in developing nuclear power: Expert

Vietnam should research the feasibility of applying small modular nuclear reactor technology that the UK is currently working on, according to Dr. Dao Duc Cuong from the mechanical, engineering and energy faculty of the University of Bradford of the UK.
Air tickets from HCMC fully booked for Tet holiday

Air tickets from HCMC fully booked for Tet holiday

Flight tickets for many routes from Ho Chi Minh City (HCMC) to northern and central provinces or cities for the upcoming Tet (Lunar New Year) holiday have sold out.
Bac Ninh Province focuses on year-end market stabilization

Bac Ninh Province focuses on year-end market stabilization

(VEN) - One of the key tasks of Bac Ninh Province at this time is to focus on stabilizing the market towards year’s end and during the 2025 Lunar New Year holiday.
Vietnam aims to reduce greenhouse gas emissions in agriculture production

Vietnam aims to reduce greenhouse gas emissions in agriculture production

The transformation of agricultural production towards ecological, organic, circular and low-emission agriculture is a top priority as Vietnam seeks to meet its goal of achieving net-zero emissions by 2050, experts said.
Metro Line 1 serves 150,000 passengers on opening day

Metro Line 1 serves 150,000 passengers on opening day

The Metro Line 1 (Ben Thanh–Suoi Tien) in Ho Chi Minh City witnessed a remarkable turnout of approximately 150,000 passengers on its first day of operation on December 22.
PV GAS sets many records, exceeds 2024 production, business plan

PV GAS sets many records, exceeds 2024 production, business plan

(VEN) - With the motto of action “Adding new motivation, renewing old motivation,” along with the proactiveness, determination, and breakthrough in transforming the business model, PV GAS is estimated to comprehensively complete and exceed the production and business targets for 2024, setting many records and historical milestones.
“PV GAS - Green Energy Journey” marathon: Act for health, act for the environment

“PV GAS - Green Energy Journey” marathon: Act for health, act for the environment

(VEN) - On December 22, the “PV GAS - Green Energy Journey” marathon was officially kicked off in Hanoi by the Petrovietnam Gas Joint Stock Corporation (PV GAS). This event marks the beginning of a series of vibrant social and sports activities in both Hanoi and Ho Chi Minh City, celebrating PV GAS’s successful 2024 – a year in which it shone as an energy spotlight in Vietnam. PV GAS has continuously achieved remarkable milestones, expanding its footprint to ensure comprehensive, flexible nationwide supply of clean gas.
PV GAS reviews maintenance and repair of gas facilities in 2024

PV GAS reviews maintenance and repair of gas facilities in 2024

(VEN) - On December 13, 2024, in Vung Tau City, the Petrovietnam Gas Corporation (PV GAS) organized a workshop on the maintenance and repair of gas facilities in 2024.
Vietnamese products make waves at Malaysia’s halal festival

Vietnamese products make waves at Malaysia’s halal festival

Vietnam recently showcased its certified halal products at the Melaka Halal Festival 2024 in Malaysia, a move to expand its presence in the global halal market.
tcty-dau-khi-vn-pv-power-2022
“City Tet Fest - Thu Duc 2025” New Year Festival to be held soon

“City Tet Fest - Thu Duc 2025” New Year Festival to be held soon

(VEN) - The New Year Festival “City Tet Fest - Thu Duc 2025” will take place from December 28, 2024 to January 1, 2025 at Saigon Riverside Park, Ho Chi Minh City.
“Xen Dong” ceremony of Thai ethnic people recognised as national intangible cultural heritage

“Xen Dong” ceremony of Thai ethnic people recognised as national intangible cultural heritage

On the evening of December 21, at Golden Field Square, Nghia Lo Town, Yen Bai Province, a ceremony was held to announce the decision and award the Certificate of National Intangible Cultural Heritage for the “Xen Dong” (Forest Worship) Ceremony of the Thai People in Nghia Lo Town.
Fireworks to light up sky over Hanoi on New Year celebration

Fireworks to light up sky over Hanoi on New Year celebration

The capital city of Hanoi is set to welcome the New Year 2025 with spectacular firework displays at five locations and 30 venues for the Lunar New Year (Tet) Festival.
Vietnam’s high-end fashion targets Chinese market

Vietnam’s high-end fashion targets Chinese market

An increasing number of Chinese celebrities are choosing high-end Vietnamese fashion, creating new opportunities for Vietnamese designers to make their mark in the 1.4 billion-strong market.
Son La rural tourism promoted

Son La rural tourism promoted

(VEN) - In order to develop rural tourism as part of the New-style rural area construction program in the 2021-2025 period, the northern province of Son La aims to have over 50 percent of rural tourism establishments meeting standards to serve tourists by 2025.
Vietnam aims to welcome 22-23 million international visitors in 2025

Vietnam aims to welcome 22-23 million international visitors in 2025

The tourism industry of Vietnam has planned to receive 22-23 million international visitors by 2025 as part of its efforts to recover and grow the tourism industry following the impact of the COVID-19 pandemic.
Vietnam a green, attractive destination

Vietnam a green, attractive destination

(VEN) - Vietnam is seeking to turn tourism into a spearhead economic sector, and has chosen green, sustainable tourism development as an important solution to reach this target.
Mekong Delta tourism continues to surge

Mekong Delta tourism continues to surge

The Mekong Delta, one of Vietnam's key tourism regions, has worked hard in developing new products and promoting its offerings this year, achieving impressive results in visitor numbers and revenue from tourism and related services.
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