Domestic coffee prices at record high
06:00 | 16/03/2024 Domestic market
New records have continuously been set in the prices of coffee in Central Highlands localities recently, now standing at over 90,000 VND (3.65 USD) per kilo.
Difficulties in sales of OCOP products
06:05 | 10/03/2024 Domestic market
(VEN) - With more than 10 thousand One Commune One Product (OCOP) products, the promotion of Vietnamese local specialties on e-commerce platforms is an effective solution to resolve the output problem for the products.
Vietnamese stock market rapidly advancing towards global standards: Prime Minister
09:20 | 29/02/2024 Domestic market
Prime Minister Phạm Minh Chính has revealed that he closely monitors the stock market on a daily basis because it reflects the "health" of businesses and the government's management.
Demand slumps for meat, eggs in HCM City
09:19 | 26/02/2024 Domestic market
After the long Tết holiday, sales of meat and eggs in HCM City are falling due to limited demand and changes in consumer diets for the vegetarian month.
Cooperatives seek to expand sales to e-commerce
10:55 | 22/04/2024 Domestic market
HCM CITY — In line with emerging trends in modern shopping, numerous co-operatives have proactively adopted digital transformation strategies.
Real estate market has positive performances in Q1: VARS
10:07 | 17/04/2024 Domestic market
The real estate market has witnessed positive performances, with a slew of projects, including billion-dollar projects, being announced and called for investment in the first quarter of 2024.
PM demands strengthened gold market management
17:04 | 12/04/2024 Domestic market
Prime Minister Pham Minh Chinh has asked the State Bank of Vietnam (SBV) to keep a close watch on international and domestic gold prices, and put in place measures and tools in a timely and effective way to regulate the gold market in line with regulations.
Growth motivation from domestic market
15:21 | 22/01/2024 Domestic market
Consumption demand is forecast to be among the main contributors to economic growth in 2024, along with public investment and export activities.
Australian peaches and nectarines promoted in Vietnam market
21:42 | 14/12/2023 Domestic market
(VEN) - It's harvest time for Australia’s summer fruits. Vietnamese consumers can now enjoy some of the best-eating peaches and nectarines that are sweet and tangy, crispy and crunchy, soft and juicy.
Taste of Australia program launched in MM Mega Market Vietnam
22:18 | 07/12/2023 Domestic market
The “Taste of Australia” program has opened in MM Mega Market Vietnam in Ho Chi Minh City (HCMC) from December 7-20, 2023.
Domestic market should be promoted to maintain economic growth: Expert
06:00 | 22/11/2023 Domestic market
Amid difficulties in the world market, greater attention should be paid to promoting the domestic market, one of the "healthy" pillars at present of the economy, to boost growth, according to Prof. Dr. Bui Quang Tuan, Director of the Vietnam Institute of Economics.
Attraction from domestic logistics market
06:00 | 31/10/2023 Domestic market
(VEN) - Despite difficulties from the economic context, many large-scale logistics projects have been put into operation in Vietnam, showing that the attraction of the Vietnamese logistics market has not cooled down yet.
Fertilizer market aware of market volatility
06:30 | 18/10/2023 Domestic market
(VEN) - China’s temporary suspension of urea exports has immediately raised urea prices in the domestic and world market. In this context, stabilizing the fertilizer market is very urgent.
Strengthening domestic market’s role
06:00 | 30/09/2023 Domestic market
(VEN) - Vietnam Economic News’ Phuong Lan & Nguyen Hanh talked with Assoc. Prof., Dr. Dinh Trong Thinh, economist, about the domestic market’s role in economic growth.
Hanoi biggest promotional event to open next month
06:00 | 09/09/2023 Domestic market
“Hanoi Promotion Month 2023', the largest promotion event of Hanoi, will begin on October 27, offering an entire month of big discounts, some even reaching 100%.
Flash Sales Holiday to gather over 120 well-known brands
08:44 | 07/09/2023 Domestic market
The Flash Sales Holiday, as part of the Shopping Season 2023, will take place at Tan Son Nhat Pavilion Centre, Ho Chi Minh City from September 8-10, announced the municipal Department of Industry and Trade on September 5.
Bac Giang diversifies lychee consumption
06:00 | 25/08/2023 Province
(VEN) - The 2023 lychee season of Bac Giang Province was beyond expectation with revenue from lychee and ancillary services estimated at VND6,876 billion, of which the revenue from lychee is estimated at VND4,658 billion.
Ho Chi Minh City to form pork trading floor
10:08 | 16/08/2023 Domestic market
The signing ceremony of cooperation agreement on forming a pork trading floor in Ho Chi Minh City among the Mercantile Exchange of Vietnam (MXV), the City Department of Industry and Trade and Department of Agriculture and Rural Development was held successfully on August 14.
Traditional retail channels prevail
06:00 | 08/08/2023 Domestic market
(VEN) - In the first six months of 2023, retail sales nationwide grew at a double-digit rate but focused on traditional channels instead of modern ones.
Competition heats up in domestic confectionery market
09:30 | 24/07/2023 Domestic market
HÀ NỘI — The race in the confectionery market is looking more attractive for KIDO Group (KDC) since returning to the market two years ago to compete against other big brands such as Pan Group’s Bibica, Mondelez Kinh Đô and Hữu Nghị Food.
Domestic market development is crucial
06:00 | 16/07/2023 Vietnamese Brands
(VEN) - While exports have declined due to adverse changes in the global economy, the total retail sales and service revenues in Vietnam in the first five months of 2023 reached the highest five-month growth since 2015. Vietnam Economic News’ Phuong Lan spoke with Le Viet Nga, Deputy Director of the Ministry of Industry and Trade’s Domestic Markets Department, about domestic market development solutions.
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Vietnam, France agree to strengthen their strategic partnership
11:21 | 07/05/2024 Vietnam and EU
French Minister of the Armed Forces Sébastien Lecornu's visit "holds significant importance in strengthening the Việt Nam-France Strategic Partnership and reaffirms their commitment to leaving the past behind and moving forward".
PM offers incense to fallen soldiers in Điện Biên Phủ
09:51 | 07/05/2024 News and Events
Prime Minister Phạm Minh Chính offered incense to heroes and martyrs at the A1 cemetery in Điện Biên Phủ city, the northern province of Dien Bien on May 6, on the occasion of the 70th anniversary of the Điện Biên Phủ Victory (May 7).
MoF refuses to cut import tax for some materials of animal feed production
09:36 | 07/05/2024 Finance-Banking
The Ministry of Finance has refused to reduce import tax rates for some crucial materials of animal feed production as proposed by Bến Tre Province's voters.
Foreign, domestic investment in Ba Ria - Vung Tau rises sharply
09:22 | 07/05/2024 FDI
Foreign and domestic investment in the southern province of Ba Ria - Vung Tau stood at almost 1.63 billion USD and over 25.93 trillion VND (1 billion USD) during the first four months of 2024, surging 7.2-fold from a year earlier.
Prime Minister hosts Cambodian deputy PM
09:10 | 07/05/2024 News and Events
Prime Minister Pham Minh Chinh received in Hanoi on May 6 visiting Cambodian Deputy Prime Minister Neth Savoeun, who is leading a high-level delegation to attend a ceremony commemorating the 70th anniversary of Dien Bien Phu Victory (May 7, 1954 – 2024) in Vietnam.
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Green transformation in tourism starts with correct understanding, awareness: expert
06:00 | 07/05/2024 Tourism
Many tourism businesses still have insufficient and incorrect understanding of these principles so the implementation of green tourism within the Vietnamese business community is still limited.
Vietnamese celebrated director to head jury at Shanghai International Film Festival
06:00 | 07/05/2024 Lifestyle
According to the organisers of the film festival, the works of the Vietnamese French director and scriptwriter, who won the Best Director Award at the 76th Cannes Film Festival in 2023 for The Taste of Things, blend the expressions of Eastern and Western cultures, with sensitivity, delicacy, and a romantic style.
HCM City achieves $127 million in tourism revenue over five-day holiday
06:00 | 04/05/2024 Tourism
HCM City’s tourism revenue is estimated at more than VNĐ3.23 trillion (US$127 million) during the five-day holiday celebrating Reunification Day from April 27-May 1, according to the city Department of Tourism.
Optimising UNESCO titles for national development
06:00 | 04/05/2024 Lifestyle
With 65 UNESCO titles spanning all the 63 cities and provinces, Việt Nam contributes to enriching, protecting, and promoting the cultural treasures of humanity. This helps international friends better understand the country, its people, traditions, and history.
7 places that are worth a visit in Điện Biên
06:00 | 05/05/2024 Tourism
Here are seven recommended places for those who intend to visit the province.
Decree fosters industrial cluster development
06:00 | 07/05/2024 Policy
(VEN) - The Government has recently issued Decree 32/2024/ND-CP (Decree 32) on the management and development of industrial clusters (ICs), creating a more favorable mechanism for IC development.
Decree regulates conditions for cars from abroad to Việt Nam
06:00 | 06/05/2024 Policy
HÀ NỘI — Foreign drivers using their vehicles in Việt Nam must complete a stringent set of procedures through a recognised travel company before they enter the country.
Fresh policies come into effect in May 2024
06:00 | 03/05/2024 Policy
New policies regarding standards for civil servants holding leadership and management positions, management and development of industrial clusters, transportation of dangerous goods, and penalties in fishing sector shall come into effect this May.
Employment Law to be revised for better assurance of employees’ interests
10:53 | 01/05/2024 Policy
The Ministry of Labor, Invalids and Social Affairs (MOLISA) has recently released the latest draft of the amended Law on Employment with several significant changes.
Textile and garment businesses face difficulties due to lack of domestic supply
05:00 | 07/05/2024 Industry
HÀ NỘI — The textile and garment industry has long faced an imbalance between production stages.
Automobile industry reported strong sales in Q1
06:00 | 05/05/2024 Industry
HÀ NỘI — April 2024 marks the second consecutive month the automobile industry reported significant growth since the beginning of the year, according to a report by the General Statistics Office of Vietnam (GSO).
DPPA boots renewable energy, competitive electricity market
15:06 | 03/05/2024 Energy
(VEN) - A direct power purchase agreement (DPPA) will help attract investment in the development of renewable energy and a competitive retail electricity market.
Maintaining growth momentum of textile and garment sector
06:00 | 03/05/2024 Industry
Although Vietnam's textile and garment export turnover in the first three months of the year reached nearly 10 billion USD, an increase of about 10% over the same period in 2023, the sector is still facing many difficulties and challenges amidst the decrease of consumer demand, the increase of inventory, and geopolitical instability in some countries around the world.
Foreign, domestic investment in Ba Ria - Vung Tau rises sharply
09:22 | 07/05/2024 FDI
Foreign and domestic investment in the southern province of Ba Ria - Vung Tau stood at almost 1.63 billion USD and over 25.93 trillion VND (1 billion USD) during the first four months of 2024, surging 7.2-fold from a year earlier.
Foreign investors encouraged to invest in petroleum storage infrastructure
08:27 | 05/05/2024 Investment
The Vietnamese Government has given green light to foreign investors to invest in developing oil and gas storage and supply infrastructure system, but they cannot participate in distributing, importing and exporting petroleum.
Cambodian media values Vietnam's foreign investment attraction
09:50 | 03/05/2024 Investment
The SBM NEWS website of Cambodia has published an article praising Vietnam's ability to attract foreign investment, especially in the northeastern province of Quang Ninh.
Thai Binh province rolls out red carpet for Dutch businesses
10:45 | 30/04/2024 FDI
The northern province of Thai Binh always accompanies and creates the best conditions for enterprises, including those from the Netherlands to invest in and run long-term and effective business in the locality, Secretary of the provincial Party Committee Ngo Dong Hai has affirmed.
MoF refuses to cut import tax for some materials of animal feed production
09:36 | 07/05/2024 Finance-Banking
The Ministry of Finance has refused to reduce import tax rates for some crucial materials of animal feed production as proposed by Bến Tre Province's voters.
Government proposes extending VAT cut until year end
09:10 | 05/05/2024 Finance-Banking
The Government has proposed extending the cut in value-added tax (VAT) from 10% to 8% on specific groups of goods and services from July 1 until the end of the year to support business and production activities.
Stock market upgrade to help Vietnam lure another 10 bln USD in investment
09:23 | 03/05/2024 Stock Market
The elevation of the stock market to "emerging" status can help Vietnam attract an additional 10 billion USD in both direct and indirect investment, KB Vietnam Securities JSC (KBSV) reported, citing the World Bank (WB).
VND30-trillion credit package for forestry, fisheries businesses
06:00 | 30/04/2024 Finance-Banking
(VEN) - Following the Government’s guidelines, the State Bank of Vietnam (SBV) has assigned commercial banks to realizing a VND30-trillion preferential credit program for forestry and fisheries sectors in order to help them maintain their leading positions as billions-of-US-dollars export revenue earners.
Is it possible to deny collection for waste unsorted at source?
06:00 | 07/05/2024 Environment
Unsorted waste could be denied collection, per a draft document proposed by the Ministry of Natural Resources and Environment.
PM asks for effective preventive solutions against forest fires
06:00 | 05/05/2024 Environment
HÀ NỘI — Prime Minister Phạm Minh Chính has issued an official dispatch, requesting ministries, sectors, and localities to continue vigorously and effectively implementing fire prevention and control measures nationwide amid hot weather across the country.
Heat records broken, more hot weather forecast for May
06:00 | 04/05/2024 Environment
HÀ NỘI — April saw 112 heat records as the country baked in sweltering weather, with many places breaking temperature records set over a decade ago.
Vietnam faces climate change challenges
06:00 | 02/05/2024 Environment
(VEN) - Without appropriate adaptation and mitigation measures, it is estimated that climate change could cause Vietnam to suffer losses of approximately 12-14.5 percent of gross domestic product (GDP) annually by 2050, triple the losses in 2020, 3.2 percent of GDP or around US$10 billion.
2024 VinFuture Prize records 1,469 nominations
06:00 | 07/05/2024 Science - Technology
The 4th edition of VinFuture Prize, an annual international award that honours remarkable scientific breakthroughs and promotes innovations for humankind, has officially closed its nomination portal with a record of 1,469 submissions.
HCM City: Centre for Fourth Industrial Revolution to debut in September
06:00 | 05/05/2024 Science - Technology
A centre for the Fourth Industrial Revolution (C4IR) in Ho Chi Minh City is scheduled to be officially launched in September, with a mission to be Vietnam’s top facility in advising national industrial policies, piloting their implementation in the southern metropolis, and promoting economic transformation in the revolution.
Vietnam’s digital products to go global
06:00 | 04/05/2024 Science - Technology
(VEN) - Vietnamese digital technology businesses have made great strides in development, as more digital application products have been created. In addition to the domestic market, the state needs to support them to bring Make-in-Vietnam digital products and services to the world.
Digital transformation events for banking sector slated for May
06:00 | 03/05/2024 Science - Technology
The State Bank of Vietnam (SBV) announced a series of events focusing on digital transformation in the banking sector, scheduled for May 8 in Hanoi.
Điện Biên Phủ Victory shows strength of intelligence, public consensus: Officer
06:00 | 07/05/2024 Society
The Điện Biên Phủ (May 7, 1954) was not only a victory of the strength of intelligence and public consensus but also contributed to the end of the resistance war against the French colonialists of the Vietnamese army and people.
HCM City works to put Metro Line No. 1 into operation soon
06:00 | 06/05/2024 Society
Ho Chi Minh City's Metro Line No. 1 (Ben Thanh–Suoi Tien) is close to the finish line but is facing some difficulties, thus the local administration and the investor are making efforts to remove obstacles so that the it can start commercial operation soon.
Online administrative procedures to be processed on one app only from July 1
08:49 | 04/05/2024 Society
HÀ NỘI — Deputy Prime Minister Trần Lưu Quang has asked relevant ministries and localities to use the Vietnam Electronic Identification (VNeID) as the only app in administrative procedure performance from July 1, 2024 to save time and costs.
Over 61,000 people visit President Ho Chi Minh mausoleum on national holidays
11:02 | 02/05/2024 Society
More than 61,000 people, including 3,919 foreigners, paid tribute to President Ho Chi Minh at his mausoleum in Hanoi during the five-day National Reunification (April 30) and May Day (May 1) holidays, starting from April 27.
Habeco, northern beer Industry icon, reports largest quarterly loss in four years
06:00 | 07/05/2024 Vietnamese Brands
Habeco's leaders attributed the negative profits to a decrease in financial revenue caused by lower deposit interest rates, resulting in a 16 per cent decline to nearly VNĐ38 billion.
Vietnam Airlines reports profit in H1
06:00 | 05/05/2024 Vietnamese Brands
Vietnam Airlines (VNA) reported after-tax profit of VNĐ4.44 trillion (US$173.19 million) in Quarter 1 as it is strengthening its international flights and restructuring.
Phenikaa targets to train over 8,000 semiconductor chip design engineers by 2030
06:00 | 04/05/2024 Vietnamese Brands
The Phenikaa Semiconductor Training Centre will conduct research and training activities in IC design, semiconductors, technology transfer, international cooperation, resource mobilisation, and collaboration and cooperation with domestic and foreign partners to promote research and training activities on semiconductor chip design.
Visakan exports first pack of veterinary medicine to Halal market
09:53 | 03/05/2024 Vietnamese Brands
A member of Hùng Nhơn Group, Visakan Investment and Biotechnology Development Joint Stock Company (Visakan), on Thursday in the northern province of Bắc Ninh exported its first shipment of veterinary medicine valued at over US$200,000 to a Halal market.
Vietnamese celebrated director to head jury at Shanghai International Film Festival
06:00 | 07/05/2024 Lifestyle
According to the organisers of the film festival, the works of the Vietnamese French director and scriptwriter, who won the Best Director Award at the 76th Cannes Film Festival in 2023 for The Taste of Things, blend the expressions of Eastern and Western cultures, with sensitivity, delicacy, and a romantic style.
HCM City launches international photo contest
06:00 | 05/05/2024 Lifestyle
Vietnamese and foreign photographers, both amateurs and professionals, are encouraged to take part in the third HCM City International Photography Contest.
Optimising UNESCO titles for national development
06:00 | 04/05/2024 Lifestyle
With 65 UNESCO titles spanning all the 63 cities and provinces, Việt Nam contributes to enriching, protecting, and promoting the cultural treasures of humanity. This helps international friends better understand the country, its people, traditions, and history.
Vietnamese space introduced at Buenos Aires Int'l Book Fair
06:00 | 03/05/2024 Lifestyle
A Vietnamese space has received warm response from visitors at the ongoing 2024 Buenos Aires International Book Fair.
Green transformation in tourism starts with correct understanding, awareness: expert
06:00 | 07/05/2024 Tourism
Many tourism businesses still have insufficient and incorrect understanding of these principles so the implementation of green tourism within the Vietnamese business community is still limited.
7 places that are worth a visit in Điện Biên
06:00 | 05/05/2024 Tourism
Here are seven recommended places for those who intend to visit the province.
HCM City achieves $127 million in tourism revenue over five-day holiday
06:00 | 04/05/2024 Tourism
HCM City’s tourism revenue is estimated at more than VNĐ3.23 trillion (US$127 million) during the five-day holiday celebrating Reunification Day from April 27-May 1, according to the city Department of Tourism.
Lang Son Geopark well-prepared for global recognition
06:00 | 03/05/2024 Tourism
(VEN) - Currently, Lang Son Provincial People’s Committee has completed the criteria for infrastructure and landscape of Lang Son Geopark to submit to UNESCO for global recognition as a Global Geopark in early 2025.