Strengthening domestic market’s role

Strengthening domestic market’s role

(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

Hanoi biggest promotional event to open next month

“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

Flash Sales Holiday to gather over 120 well-known brands

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

Bac Giang diversifies lychee consumption

(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.
Domestic market should be promoted to maintain economic growth: Expert

Domestic market should be promoted to maintain economic growth: Expert

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

Attraction from domestic logistics 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

Fertilizer market aware of market volatility

(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.
Ho Chi Minh City to form pork trading floor

Ho Chi Minh City to form pork trading floor

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

Traditional retail channels prevail

(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

Competition heats up in domestic confectionery 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

Domestic market development is crucial

(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.
Produce supply-demand connection boosted

Produce supply-demand connection boosted

(VEN) - A 2023 fruit, farm produce week, taking place in the capital Hanoi from May 24-28, not only promoted the sales and consumption of seasonal agricultural products but also contributed to stimulating consumer demand.
High quality products with clear origins attract consumers

High quality products with clear origins attract consumers

Acting director of Hà Nội Department of Industry and Trade Trần Thị Phương Lan said the consumers in the capital as well as nationwide prefer specialty products with clear origins, brand, geographical indication, good quality, so they are willing to accept higher prices than similar products in the market.
Vietnam, China exchange market management experience

Vietnam, China exchange market management experience

Deputy Minister of Industry and Trade Dang Hoang An held talks with deputy head of the Chinese State Administration for Market Supervision (SAMR) Pu Chun in Hanoi on June 5, during which they exchanged information and experience regarding market management.
Fruit, farm produce week underway in Hanoi

Fruit, farm produce week underway in Hanoi

A wide range of fruits and other agricultural specialties from various localities are being offered at Vincom Plaza Long Bien shopping mall in Hanoi within the framework of a fruit and farm produce week that opened on May 24 to stimulate demand.
Conference seeks to boost trade connection in Centre - Central Highlands region

Conference seeks to boost trade connection in Centre - Central Highlands region

On May 11, a conference themed ‘Connecting the suppliers in the Central – Central Highlands region with exporting businesses and trade promotion organisations’, kicked off in Da Nang City.
Develop disease-free livestock production chains and areas

Develop disease-free livestock production chains and areas

On the morning of May 11, the Ministry of Agriculture and Rural Development coordinated with the People's Committee of Tay Ninh province to organize a "Conference to develop safety and desease-free livestock husbandry chains and areas" in Tay Ninh province, the Conference was co-chaired by the leader of the Ministry of Agriculture and Rural Development and the leader of the Provincial People's Committee of Tay Ninh.
Agricultural, other specialty products expo opens in HCM City

Agricultural, other specialty products expo opens in HCM City

More than 1,000 agricultural and specialty products from over 20 provinces and cities across the country are being exhibited at Gigamall in HCM City’s Thu Duc city as part of the Regional Agricultural and Specialty Product Festival.
Trade fair promotes consumption of farm produce for ethnic women in Thai Nguyen

Trade fair promotes consumption of farm produce for ethnic women in Thai Nguyen

Thai Nguyen city held a trade fair on March 25-26 to introduce and promote the consumption of agricultural products produced by women in ethnic and mountainous areas in Thai Nguyen province.
Queensland promotes red meat to Vietnamese consumers

Queensland promotes red meat to Vietnamese consumers

The Trade and Investment Queensland - Vietnam Office (TIQ Vietnam) together with the Meat and Livestock Australia (MLA) successfully organized two Queensland Red Meat Conferences in Ho Chi Minh City and Hanoi.
Retail giants ramp up Vietnam investment

Retail giants ramp up Vietnam investment

(VEN) - The recently announced major investment in Vietnam by retail giant Central Retail Corporation (CRC) reflects the market's attractiveness and growth potential in 2023.
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Kiên Giang strives for tourism to spearhead economy by 2030

Kiên Giang strives for tourism to spearhead economy by 2030

With abundant natural resources, and numerous scenic spots and historical sites, Kiên Giang Province has favorable conditions for investment, exploitation, and development of tourism, as it aims to make it the province's spearhead economic sector.
HCM City seeks to build “film city”

HCM City seeks to build “film city”

The first HCM City International Film Festival (HIFF) is scheduled to take place in early 2024 and is expected to contribute to the establishment of HCM City as a "film city."
Initiatives proposed to develop sustainable financial policies

Initiatives proposed to develop sustainable financial policies

The Vietnam Finance Forum 2023 themed “Financial Policies to Overcome Challenges towards Sustainable Development” was held in Quy Nhon city, the central province of Binh Dinh, on November 30.
Lang Son province wants to attract Korean investors: official

Lang Son province wants to attract Korean investors: official

Chairman of the People’s Committee of the northern province of Lang Son Ho Tien Thieu worked with representatives of companies and groups from the Republic of Korea (RoK) to discuss the implementation of Ho Son 1 industrial cluster project in Huu Lung district.
Vietnamese PM meets leaders of Cuba, WB, Sweden at COP28

Vietnamese PM meets leaders of Cuba, WB, Sweden at COP28

Prime Minister Pham Minh Chinh had separate meetings with Cuban President Miguel Diaz-Canel, President of the World Bank Group Ajay Banga, and Swedish PM Ulf Kristersson in Dubai on December 2, on the sidelines of the World Climate Action Summit at the 28th UN Climate Change Conference (COP28).
kien giang strives for tourism to spearhead economy by 2030

Kiên Giang strives for tourism to spearhead economy by 2030

With abundant natural resources, and numerous scenic spots and historical sites, Kiên Giang Province has favorable conditions for investment, exploitation, and development of tourism, as it aims to make it the province's spearhead economic sector.
hcm city seeks to build film city

HCM City seeks to build “film city”

The first HCM City International Film Festival (HIFF) is scheduled to take place in early 2024 and is expected to contribute to the establishment of HCM City as a "film city."
agricultural products rural tourism go hand in hand

Agricultural products, rural tourism go hand-in-hand

Even though the quantity may not be sufficient for large-scale exports, OCOP products bring significant material and cultural value. The most valuable way to 'export' OCOP products is when these items are favoured by international tourists and brought back to their home countries.
quang ninh welcomes first chinese cruise ship tourists in 2023

Quảng Ninh welcomes first Chinese cruise ship tourists in 2023

This is the first cruise taking Chinese tourists to Hạ Long since China reopened borders and resumed international tourism activities earlier this year.
new points in vietnams visa policy for foreigners

New points in Vietnam's visa policy for foreigners

Vietnam's new visa policies for foreigners are expected to be a "leverage" to attract a large number of international visitors for the tourism industry.
Ministry of Finance issues Circular 69 for reorganisation of securities market

Ministry of Finance issues Circular 69 for reorganisation of securities market

A new circular has been issued, aiming to improve market transparency in Viet Nam.
New legal documents in first half of November 2023

New legal documents in first half of November 2023

VEN lists the latest legal documents issued by the Vietnamese Government, ministries and state agencies.
Ministry proposes continued tax and fee cuts to promote economic growth

Ministry proposes continued tax and fee cuts to promote economic growth

The Ministry of Finance (MoF) has continued to submit proposals to competent authorities and implement policies within its authority to grant exemptions, reductions and extensions on taxes, fees and charges.
Việt Nam issues national strategy on antimicrobial resistance prevention and control

Việt Nam issues national strategy on antimicrobial resistance prevention and control

Việt Nam is one of the first six countries in Asia-Pacific to have developed and implemented a national action plan on antimicrobial resistance prevention and control, deputy health minister Trần Văn Thuấn said during an event in Hà Nội on Monday.
VIMEXPO 2023 promotes connections for development

VIMEXPO 2023 promotes connections for development

(VEN) - The fourth Vietnam International Supporting Industry and Manufacturing Exhibition (VIMEXPO 2023) took place in Hanoi from November 15-17. The event connected Vietnamese companies with multinational firms and foreign businesses in supporting, processing and manufacturing industries.
Footwear industry strives for new standards

Footwear industry strives for new standards

(VEN) - Sustainable development solutions are an extremely important condition to meet increasingly high standards from Free Trade Agreements (FTAs), including the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) agreement. General Secretary of the Vietnam Leather - Footwear and Handbag Association (LEFASO) Phan Thi Thanh Xuan talked with Industry and Trade Newspapers’ Bao Thoa about this issue.
Developing the carbon market is key to green transition

Developing the carbon market is key to green transition

Low-carbon economic development towards a circular economy is becoming an inevitable tendency in the framework of the green transition with the creation and development of carbon markets seen as an increasingly crucial tool.
Development framework needed for wind power sales

Development framework needed for wind power sales

The Singapore Government approved in principle the sale of 1.2GW from a 2.3GW wind farm offshore Việt Nam but the latter must come up with a framework to implement the deal within the next year.
Lang Son province wants to attract Korean investors: official

Lang Son province wants to attract Korean investors: official

Chairman of the People’s Committee of the northern province of Lang Son Ho Tien Thieu worked with representatives of companies and groups from the Republic of Korea (RoK) to discuss the implementation of Ho Son 1 industrial cluster project in Huu Lung district.
FDI flows into Vietnam go up 14.8% in 11 months

FDI flows into Vietnam go up 14.8% in 11 months

Nearly 28.85 billion USD in foreign direct investment (FDI) was registered as of November 20, rising 14.8% year on year, reported the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.
PM sets target of disbursing at least 95% of public investment capital this year

PM sets target of disbursing at least 95% of public investment capital this year

Prime Minister Pham Minh Chinh urged the acceleration of public investment disbursement, striving to disburse at least around 676 trillion VND (27.8 billion USD) or 95% of the target this year while chairing an online meeting in Hanoi on November 27 between permanent Government members and ministries, agencies and localities.
RoK seeks to strengthen investment in central localities

RoK seeks to strengthen investment in central localities

The Consulate General of the Republic of Korea (RoK) in the central city of Da Nang on November 24 held a conference on the expansion of investment cooperation between the RoK and central localities of Vietnam.
Initiatives proposed to develop sustainable financial policies

Initiatives proposed to develop sustainable financial policies

The Vietnam Finance Forum 2023 themed “Financial Policies to Overcome Challenges towards Sustainable Development” was held in Quy Nhon city, the central province of Binh Dinh, on November 30.
Banks increase capital through paying dividends in shares

Banks increase capital through paying dividends in shares

Many large banks are implementing plans to issue shares to pay dividends in the last months of this year.
New circular aims to improve stock market transparency

New circular aims to improve stock market transparency

The Ministry of Finance has issued a new circular which aims to improve stock market transparency in Vietnam. ​
Ministries, SBV requested to boost corporate bond, real estate markets: PM

Ministries, SBV requested to boost corporate bond, real estate markets: PM

Prime Minister Pham Minh Chinh has urged greater efforts to promote credit access, thus boosting corporate bond and real estate markets in a safe, healthy and sustainable fashion.
HCM City speeds up relocation of houses along canals

HCM City speeds up relocation of houses along canals

HCM City authorities are finding solutions to speed up progress of relocating houses along canals by 2025.
Power Generation Corporation 1 pushes for green slag dumps

Power Generation Corporation 1 pushes for green slag dumps

(VEN) - The Power Generation Corporation 1 (EVNGENCO 1) under the Electricity of Vietnam (EVN) has been taking a number of solutions to protect the natural environment such as promoting clean production, applying modern technologies, handling the ash and slag volume created during the power generation process, and “greening” slag dumps.
Project helps put forth biodiversity conservation in Da Nang

Project helps put forth biodiversity conservation in Da Nang

With an array of effective models and programmes put in place, a biodiversity protection and environmental sustainability project in Da Nang, funded by the EU, has made contributions to promoting biodiversity and helping local people develop livelihoods, heard a workshop held in the central city on November 24.
Environmental protection efforts augmented in Ha Long Bay

Environmental protection efforts augmented in Ha Long Bay

Environmental protection is viewed as a focal, consistent, and priority task during the management, preservation, and sustainable promotion of the world natural heritage site of Ha Long Bay, stated head of the bay management board Vu Kien Cuong.
Startup, innovation must be crucial political task PM

Startup, innovation must be crucial political task PM

Prime Minister Pham Minh Chinh has said startup and innovation must be considered as a crucial political task that contributes to promoting robust economic growth, enhancing competitiveness edge and efficiency of production and business, increasing labour productivity, and opening up a new development space.
Only 27% of organisations in Vietnam fully prepared to deploy AI

Only 27% of organisations in Vietnam fully prepared to deploy AI

Only 27% of organisations in Vietnam are fully prepared to deploy and leverage Artificial Intelligence (AI)-powered technologies, according to Cisco’s inaugural AI Readiness Index released this week.
Australia shares experience in innovation with Vietnam

Australia shares experience in innovation with Vietnam

Australian experts shared experience in innovation at a workshop held by the Vietnamese Ministry of Science and Technology (MoST) in Hanoi on November 22.
Engineer Do Hong Quang – idea initiator of BSR

Engineer Do Hong Quang – idea initiator of BSR

(VEN) - For years working at Dung Quat Oil Refinery as an operations supervisor, Engineer Do Hong Quang has contributed many ideas and initiatives worth more than VND1 trillion. With those contributions, Do Hong Quang was honored to receive the 4th Nguyen Duc Canh Award in 2023.
Nestlé Vietnam joins hands to build image of Vietnamese women in new era

Nestlé Vietnam joins hands to build image of Vietnamese women in new era

From the commitment of Nestlé to empowering women and enhancing women’s empowerment, and the mission of promoting gender equality of the Vietnam Women’s Union, the “Nestlé accompanyies women” program has been implemented by both parties from December 2020 in 9 provinces, and expanded in November 2022 in 21 provinces nationwide.
Bình Dương takes steps to become centrally-run city by 2030

Bình Dương takes steps to become centrally-run city by 2030

The southern province of Bình Dương has issued a socio-economic development plan, focusing on becoming a centrally-run city by 2030, alongside major centres of Hà Nội, HCM City, Hải Phòng, Đà Nẵng, and Cần Thơ.
Co-operation between member countries key to Mekong sub-region sustainability: forum

Co-operation between member countries key to Mekong sub-region sustainability: forum

Co-operation between its various countries is key to promoting sustainable development in the Mekong sub-region, speakers told a forum held last Friday in HCM City.
V-SCOPE project enhances coffee and pepper value chains

V-SCOPE project enhances coffee and pepper value chains

The V-SCOPE project contributes to enhancing the sustainability, economic value and value chains of coffee and pepper grown in the Central Highlands provinces of Gia Lai, Dak Lak and Dak Nong.
Nui Beo: The biggest raw coal miner of VINACOMIN

Nui Beo: The biggest raw coal miner of VINACOMIN

(VEN) - Although it was founded as an open-pit coal mine in the most difficult times, the Nui Beo Coal Joint Stock Company, a member of the Vietnam National Coal & Mineral Industries Holding Corporation Limited (VINACOMIN), has become a leading coal mining unit achieving a spectacular growth rate.
Dramatic transformation seen in Vinacomin-Materials Trading JSC

Dramatic transformation seen in Vinacomin-Materials Trading JSC

(VEN) - With the goal to become a logistics company providing technical services and advanced, innovative, and environmentally friendly science and technology solutions for the mining and energy industries in Vietnam, Vinacomin-Materials Trading JSC has been striving to make a dramatic transformation and affirm its position in the market.
Pioneer in mining technology research and application

Pioneer in mining technology research and application

(VEN) - The Institute of Mining Science and Technology (IMSAT) under the Vietnam National Coal and Mineral Industries Group has undergone more than 50 years of development and become a pioneer in research of coal and mineral mining, sifting and processing technologies.
Great efforts to overcome difficulties

Great efforts to overcome difficulties

(VEN) - The VMMI La Hien Cement Joint Stock Company is one of the oldest cement producers in Thai Nguyen Province. Bringing into play the consensus of employees, the company has maintained production and sales, ensuring stable jobs and incomes for its workers.
HCM City seeks to build “film city”

HCM City seeks to build “film city”

The first HCM City International Film Festival (HIFF) is scheduled to take place in early 2024 and is expected to contribute to the establishment of HCM City as a "film city."
Phú Yên pioneers in building film production index

Phú Yên pioneers in building film production index

"We believe that through cinematographic pieces, we can proudly promote the breathtaking scenic spots and profound culture of Phú Yên," said Phạm Đại Dương, Secretary of the Phú Yên Province's Party Committee.
Snail delicacies make Hà Nội unforgettable

Snail delicacies make Hà Nội unforgettable

There are many ways to prepare chả ốc, like steamed with lemongrass, wrapped in betel leaves, fried, or steamed in bamboo tubes.
Bắc Giang historical festival recognised as national heritage

Bắc Giang historical festival recognised as national heritage

The festival is a traditional historical and cultural event held annually in Bắc Giang City in the early spring, on January 6 and 7 of the lunar calendar, to commemorate the historical victory of Chi Lăng - Xương Giang in 1427.
Kiên Giang strives for tourism to spearhead economy by 2030

Kiên Giang strives for tourism to spearhead economy by 2030

With abundant natural resources, and numerous scenic spots and historical sites, Kiên Giang Province has favorable conditions for investment, exploitation, and development of tourism, as it aims to make it the province's spearhead economic sector.
Agricultural products, rural tourism go hand-in-hand

Agricultural products, rural tourism go hand-in-hand

Even though the quantity may not be sufficient for large-scale exports, OCOP products bring significant material and cultural value. The most valuable way to 'export' OCOP products is when these items are favoured by international tourists and brought back to their home countries.
Hon Thom Cable Car: A must-visit attraction in Phu Quoc, endorsed by international media

Hon Thom Cable Car: A must-visit attraction in Phu Quoc, endorsed by international media

The Hon Thom cable car is a must-try experience when visiting Phu Quoc Island. This iconic attraction has been widely praised by international media for its breathtaking views and is a popular choice among tourists.
Quảng Ninh welcomes first Chinese cruise ship tourists in 2023

Quảng Ninh welcomes first Chinese cruise ship tourists in 2023

This is the first cruise taking Chinese tourists to Hạ Long since China reopened borders and resumed international tourism activities earlier this year.
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