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.
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.
Vietnam needs development of green products exported to UK

Vietnam needs development of green products exported to UK

Experts believe that Vietnamese enterprises need to develop green products for export to the UK, contributing to increasing exports to this market.
Additional Vietnamese fruits given green-light to enter US and Australia

Additional Vietnamese fruits given green-light to enter US and Australia

Passion fruit and pomelo will be the next two Vietnamese agricultural products to be exported to the United States and Australia, according to the Import-Export Department under the Ministry of Industry and Trade.
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.
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.
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.
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ICT industry sees strong growth in 2024

ICT industry sees strong growth in 2024

The information and communications technology (ICT) industry’s total revenue is estimated at 4.24 quadrillion VND (166.7 billion USD) in 2024, marking a 13.2% increase from 2023.
The national brand, all the achievements and breakthrough solutions

The national brand, all the achievements and breakthrough solutions

As one of the countries with the fastest-growing national brand globally, Vietnam is cementing its position on the global economic map.
Vietnam’s 2024 stock market: Milestones, reforms and resilience in a transformative year

Vietnam’s 2024 stock market: Milestones, reforms and resilience in a transformative year

The year 2024 has been a pivotal one for Vietnam’s stock market, marked by significant legislative changes, technological advancements and dynamic shifts in investor behaviour. Below, Vietnam News listed ten key events that have shaped the market this year.
Poverty rate among ethnic minorities decreased by 3.7 percent

Poverty rate among ethnic minorities decreased by 3.7 percent

(VEN) - According to a summary of reports from localities, as of December 31, 2024, the average poverty rate in ethnic minority areas has decreased by 3.7 percent, exceeding the planned target of over 3 percent.
Ho Chi Minh City confidently rises in the new era

Ho Chi Minh City confidently rises in the new era

In 2024, Ho Chi Minh City’s GRDP growth is estimated to reach nearly 7.2% (compared to 5.8% in 2023), with budget revenues surpassing 500 trillion VND (19.6 billion USD), continuing to contribute 26-27% of the total national budget. From 2025 onward, the city’s economy is expected to sustain its recovery momentum, driven by the growth of the service, industrial, and construction sectors.
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.
Organization downsizing must be linked to improvement of staffing quality: PM

Organization downsizing must be linked to improvement of staffing quality: PM

Prime Minister Pham Minh Chinh has requested linking organizational downsizing with improving the quality of civil servants, public employees, and officials, to ensure government agencies operate effectively, efficiently, and with capable personnel.
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.
New 300-hectare industrial zone near Long Thanh Airport

New 300-hectare industrial zone near Long Thanh Airport

A 300-hectare industrial zone near the mega Long Thanh International Airport has been licensed for development.
Vietnam, Canada have opportunity to cooperate in nuclear power: former Canadian Deputy PM

Vietnam, Canada have opportunity to cooperate in nuclear power: former Canadian Deputy PM

Nuclear power is one of the priority areas where Canada and Vietnam can cooperate, and both sides have a good opportunity to share this technology and build nuclear reactors to provide their economies with clean, zero-emission energy, according to Jean Charest, former Deputy Prime Minister of Canada and former Premier of Québec.
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.
An Giang upgrades infrastructure to attract investment

An Giang upgrades infrastructure to attract investment

In recent years, the government and An Giang Province have invested in major transportation projects aimed at upgrading and ensuring the smooth connectivity of key national and provincial roads, as well as routes connecting industrial zones and tourist areas.
Binh Duong creates many incentives for large FDI projects

Binh Duong creates many incentives for large FDI projects

Southern Binh Duong province has attracted more than 2 billion USD in foreign direct investment (FDI) in 2024, exceeding the set target, continuing to reinforce its position as one of the country’s best performers in FDI attraction.
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.
Forecast upbeat for banking industry in 2025

Forecast upbeat for banking industry in 2025

Commercial banks' pre-tax profits in 2025 are forecast to grow by 14.9% year-on-year, while bad debt has peaked and is expected to decrease next year.
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.
Centre to apply AI to tropical cyclone forecasting

Centre to apply AI to tropical cyclone forecasting

The Hanoi University of Science and Technology's Institute for Research and Application of Artificial Intelligence, alongside relevant units, has been told to work closely with the National Centre for Hydro-Meteorological Forecasting (NCHMF) to integrate artificial intelligence (AI) into the forecasting of tropical cyclones ahead of the 2025 rainy and storm season.
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.
MIC urged to promote digital infrastructure, AI application

MIC urged to promote digital infrastructure, AI application

Deputy Prime Minister Ho Duc Phoc has urged the information and communications sector to focus on developing digital infrastructure, strongly accelerate the application artificial intelligence (AI) and promote the digital industry, contributing to the whole country’s efforts to advance to a new era of prosperity and growth.
5G technology to yield US$1.5 billion revenue for Vietnamese telecom operators

5G technology to yield US$1.5 billion revenue for Vietnamese telecom operators

(VEN) - The fifth-generation (5G) technology is forecasted to yield US$1.5 billion in revenue for Vietnamese telecom operators by 2030. 5G services are expected to contribute 7.3-7.4% to Vietnam’s gross domestic product (GDP) growth in 2025.
Safe nuclear power development essential for clean energy frontier: Japanese expert

Safe nuclear power development essential for clean energy frontier: Japanese expert

Vietnam needs to acquire technologies to ensure the safe management of nuclear power plants, and establish an appropriate financial mechanism to secure the substantial initial investment capital for the plan, according to Hisanori Nei, Professor Emeritus of the National Graduate Institute for Policy Studies of Japan.
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.
Poverty rate among ethnic minorities decreased by 3.7 percent

Poverty rate among ethnic minorities decreased by 3.7 percent

(VEN) - According to a summary of reports from localities, as of December 31, 2024, the average poverty rate in ethnic minority areas has decreased by 3.7 percent, exceeding the planned target of over 3 percent.
Ho Chi Minh City confidently rises in the new era

Ho Chi Minh City confidently rises in the new era

In 2024, Ho Chi Minh City’s GRDP growth is estimated to reach nearly 7.2% (compared to 5.8% in 2023), with budget revenues surpassing 500 trillion VND (19.6 billion USD), continuing to contribute 26-27% of the total national budget. From 2025 onward, the city’s economy is expected to sustain its recovery momentum, driven by the growth of the service, industrial, and construction sectors.
$74K will be highest Tet bonus in HCMC

$74K will be highest Tet bonus in HCMC

The highest bonus to be paid by any HCMC employer for the upcoming Lunar New Year is VND1.9 billion (US$74,600).
Hanoi tops Provincial Innovation Index 2024

Hanoi tops Provincial Innovation Index 2024

Hanoi ranked first among 63 provinces and centrally-run cities in the Provincial Innovation Index (PII) 2024, released by the Ministry of Science and Technology on December 30.
PV GAS Services funds school library embellishment in Binh Phuoc Province

PV GAS Services funds school library embellishment in Binh Phuoc Province

(VEN) - To celebrate the 63rd anniversary of the foundation day of the Vietnamese oil and gas sector (November 27, 1961 - November 27, 2024) and its successful business and production activities in 2024, the Vung Tau Maintenance and Repair Team and the Youth Union of PV GAS Services collaborated with the Red Cross Society of Ba Ria - Vung Tau Province to carry out a meaningful program at Dak Mai Secondary and High School in Bu Gia Map District, Binh Phuoc Province, on December 14.
PV GAS honored for contributions to social security in Ba Ria - Vung Tau

PV GAS honored for contributions to social security in Ba Ria - Vung Tau

(VEN) - On December 25, the Vietnam Fatherland Front Committee of Ba Ria - Vung Tau province held a conference to summarize the work in 2024 and approve the coordination program in 2025.
“PV GAS - Green Energy Journey” a marathon milestone

“PV GAS - Green Energy Journey” a marathon milestone

(VEN) - On December 22, in Hanoi, the “PV GAS - Green Energy Journey” marathon concluded successfully, attracting the participation of 2,200 runners. This event marked a spectacular start to a series of races promoting the meaningful message of environmental protection and sustainable development, organized by the Petrovietnam Gas Joint Stock Corporation (PV GAS).
Vietnam Airlines reports record profit, ending four years of losses

Vietnam Airlines reports record profit, ending four years of losses

Vietnam Airlines is set to achieve a record pre-tax profit of 7.32 trillion VND (287.7 million USD) in 2024, ending four years of losses, with revenue expected to reach 114.7 trillion VND (4.5 billion USD), up 23% from last year.
HCM City eyes sustainable cinema development

HCM City eyes sustainable cinema development

Ho Chi Minh City, boasting a vibrant cultural landscape and dynamic film industry, stands at a crossroads to transform itself into a regional and international film hub.
Cultural Heritage positions national brand in international arena

Cultural Heritage positions national brand in international arena

(VEN) - In 2024, Vietnamese heritage sector has left many positive marks, including the National Assembly’s approval of the amended Law on Cultural Heritage which has contributed to promoting the value, and improving the effectiveness of the management and preservation of cultural heritage.
Raising Vietnam’s value through cultural diplomacy

Raising Vietnam’s value through cultural diplomacy

In November 2024, the “Vietnam Days Abroad” programme made its debut in Latin America, leaving lasting impressions.
“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.
Lam Dong welcomes 10 millionth tourist in 2024

Lam Dong welcomes 10 millionth tourist in 2024

The People's Committee of the Central Highlands province of Lam Dong on December 30 hosted a special event to welcome its 10 millionth tourist of the year.
Hoa Binh named among world’s most beautiful destinations: US magazine

Hoa Binh named among world’s most beautiful destinations: US magazine

The northern mountainous province of Hoa Binh has been listed among the 71 most beautiful places to visit worldwide by the prestigious US travel magazine Condé Nast Traveller.
Tourism potential of islands in southwest Vietnam unlocked

Tourism potential of islands in southwest Vietnam unlocked

Kien Giang, a coastal province located in the southwesternmost of Vietnam, boasts over 200 kilometres of coastline and more than 143 islands with picturesque beaches attracting millions of tourists annually.
Ninh Binh promotes green tourism development

Ninh Binh promotes green tourism development

(VEN) - Like the central province of Quang Nam, the northern Ninh Binh Province is considered a model for ensuring harmony between tourism development and environmental resource protection. The local people are considered the center for developing green tourism and sustainable development.
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