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.
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.
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.
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%.
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.
Domestic trade to grow at 8-9% a year: MoIT

Domestic trade to grow at 8-9% a year: MoIT

Measures have been taken to boost domestic trade to maintain an 8-9% growth rate per year, according to the Ministry of Industry and Trade (MoIT).
Domestic poultry sellers face tough competition from imported chicken

Domestic poultry sellers face tough competition from imported chicken

The market research company Ipsos published a report assessing the meat consumption and livestock market in Việt Nam on Wednesday.
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Noi Bai Airport

Noi Bai Airport's international terminal expanded

The bidding package on the construction, supply and installation of equipment for the expansion of the T2 terminal of the Hanoi-based Noi Bai International Airport kicked off on May 19, with Prime Minister Pham Minh Chinh attending.
Flying could become cheap again as authorities vow to reduce taxes

Flying could become cheap again as authorities vow to reduce taxes

HCM CITY — Aviation authorities have pledged to resolve the challenges faced by airlines, including reducing taxes and fees, following the recent public outcry caused by the surge in domestic airfares.
Proposal to amend personal income tax law set for October next year

Proposal to amend personal income tax law set for October next year

HÀ NỘI — The Personal Income Tax Law will be revised in 2025, following the proposed timeline submitted to the Government and reported to the National Assembly (NA) Standing Committee.
Thanh Hoa tourism experiences great changes

Thanh Hoa tourism experiences great changes

(VEN) - During the Reunification Day and May Day holidays this year, Thanh Hoa Province was the locality that welcomed the largest number of visitors in the country with over 1.5 million visitors, and the total tourism revenue of the province during this time reached more than VND3.8 trillion.
Lighting the skies of Hội An Memories Park with a stunning new drone light show

Lighting the skies of Hội An Memories Park with a stunning new drone light show

The drone show, Light to Sky Festival, will launch three months of special performances and events in the Hội An Memories Land, tracing the most beautiful images of the ancient town into the skies.
royal antiques presented at metaverse exhibition

Royal antiques presented at metaverse exhibition

Ten significant antique objects from the Nguyễn Dynasty (1802–1945), the last Vietnamese dynasty have been digitally identified to be presented in 360-degree vision and full sharpness.
lighting the skies of hoi an memories park with a stunning new drone light show

Lighting the skies of Hội An Memories Park with a stunning new drone light show

The drone show, Light to Sky Festival, will launch three months of special performances and events in the Hội An Memories Land, tracing the most beautiful images of the ancient town into the skies.
viet nam plans to preserve ethnic minorities intangible cultures at risk of disappearing

Việt Nam plans to preserve ethnic minorities’ intangible cultures at risk of disappearing

The Ministry of Culture, Sports and Tourism has issued a plan to support the study, restoration, and preservation of ethnic minorities’ intangible cultures which are at risk of falling into oblivion.
the hai phong red flamboyant festival celebrated the citys special unesco status

The Hải Phòng Red Flamboyant Festival celebrated the city's special UNESCO status

The Cát Bà Archipelago in Hải Phòng City and the Hạ Long Bay, in the neighbouring province of Quảng Ninh, is Việt Nam's first inter-provincial site listed by UNESCO as a World Heritage Site.
hcm city top spot in viet nam for slow travel lovers

HCM City: top spot in Việt Nam for slow travel lovers

HCM City has been named the destination travelers spend the most time in on average in Việt Nam.
Proposal to amend personal income tax law set for October next year

Proposal to amend personal income tax law set for October next year

HÀ NỘI — The Personal Income Tax Law will be revised in 2025, following the proposed timeline submitted to the Government and reported to the National Assembly (NA) Standing Committee.
Tax, land rent payment deadlines to be extended this year

Tax, land rent payment deadlines to be extended this year

HÀ NỘI — Payment deadlines for value added tax (VAT), corporate income tax, personal income tax, and land rent in 2024 are set to be extended, involving a total tax value of nearly VNĐ84 trillion (US$3.3 billion).
Ministry proposes tax filing deadline extension for 2024

Ministry proposes tax filing deadline extension for 2024

HÀ NỘI — The Ministry of Finance (MoF) is considering proposals from other relevant ministries and agencies on a draft decree that would extend the deadlines for filing taxes.
Viet Nam targets to have 2 million enterprises by 2030

Viet Nam targets to have 2 million enterprises by 2030

Viet Nam targets to have at least 2 million enterprises and ten billionaires voted by prestigious world organizations by the end of this decade.
MoIT seeks to address material bottleneck

MoIT seeks to address material bottleneck

(VEN) - A delegation of the Ministry of Industry and Trade (MoIT) led by Minister Nguyen Hong Dien recently worked with the Vietnam Leather, Footwear and Handbag Association (Lefaso) on problems related to the supplies of materials and accessories in the leather and footwear industry.
Vietnamese steel affirms position in world market

Vietnamese steel affirms position in world market

The steel industry has affirmed its position by reaching the Top 12 in the world in terms of crude steel production. Not only is the production output growing rapidly, but Vietnamese steel products are also gradually becoming more diverse, according to the Vietnam Steel Association (VSA).
Concerted efforts to reduce manufacturing inventory

Concerted efforts to reduce manufacturing inventory

(VEN) - According to the Ministry of Industry and Trade (MoIT), the processing and manufacturing industries underwent positive changes in the first quarter of 2024. However, measures to stimulate consumption are necessary to release inventory.
Energy giants plan for national power plan

Energy giants plan for national power plan

The recent approval for Vietnam’s eighth national power development plan (PDP8) has heated up discussions around business strategies of energy giants in the race to gain advantages in energy transition towards the country’s net-zero goals.
Delegation from EU, Netherlands explore investment opportunities in Thai Nguyen

Delegation from EU, Netherlands explore investment opportunities in Thai Nguyen

A delegation from the European Union (EU), the Netherlands, and the Vietnamese Embassy in Singapore held a working session with leaders of the northern province of Thai Nguyen on May 16 to explore potential investment opportunities in the province.
Desk established in Dong Nai to support Japanese investors

Desk established in Dong Nai to support Japanese investors

Dong Nai province, an industrial hub in the southern region, has set up the Japan Desk at the headquarters of the Dong Nai Industrial Zones Authority to assist Japanese investors operating here.
Vietnam should not miss opportunities to attract FDI

Vietnam should not miss opportunities to attract FDI

(VEN) - Despite its attractive investment environment with numerous advantages, Vietnam may lag behind in the global competition to attract foreign direct investment (FDI) if it does not improve its business environment.
New wave of Chinese investment

New wave of Chinese investment

(VEN) - The supply chain of manufacturing industries in Vietnam has become quite developed, with a consumer market of 100 million people and an abundant labor force. This explains why Vietnam’s investment and business environment attracts Chinese businesses.
Central bank to inspect gold trading activities

Central bank to inspect gold trading activities

The State Bank of Vietnam (SBV) on May 17 issued a decision to inspect the compliance with policies and laws in gold trading activities of credit institutions and gold trading enterprises.
Banks raise interest rates to attract depositors

Banks raise interest rates to attract depositors

Many banks have adjusted up savings interest rates by 0.2-0.3 percentage point per year since early this months to lure depositors in the context that the savings amount at the banking system has declined for the first time after 25 consecutive month increase.
Credit access obstacles lifted for collective economic entities

Credit access obstacles lifted for collective economic entities

(VEN) - The State Bank of Vietnam (SBV) has announced that it will continue to strengthen review of regulations on lending activities to remove obstacles in accessing capital at banks for the collective economic sector and cooperatives.
Government urged to narrow domestic, global gold price gap

Government urged to narrow domestic, global gold price gap

Permanent Vice Chairman of the National Assembly (NA) Tran Thanh Man on May 13 voiced concern over skyrocketing gold prices, asking the Government to quickly review market management measures to narrow the wide gap between domestic and global prices.
First provincial biodiversity museum launched in Quảng Nam

First provincial biodiversity museum launched in Quảng Nam

QUẢNG NAM — The first-ever provincial-level biodiversity museum was launched in the central province of Quảng Nam on Wednesday, introducing more than 3,700 photos and 1,200 specimens of flora and fauna found in the locality.
Enhancing informal sector’s role in EPR implementation

Enhancing informal sector’s role in EPR implementation

(VEN) - The informal labor force plays a crucial role in the waste value chain, helping producers and exporters achieve recycling rates through the EPR mechanism.
Centre opened to serve environmental data integration, monitoring network operation

Centre opened to serve environmental data integration, monitoring network operation

HÀ NỘI — A national centre for information - data integration and processing and environmental monitoring network operation has been unveiled by the Ministry of Natural Resources and Environment in Hà Nội.
Capacity building for policy makers, large emitters on ETS and carbon market

Capacity building for policy makers, large emitters on ETS and carbon market

Capacity building for policy makers and large emitters on Emissions Trading System (ETS) and carbon market aims to facilitate the pilot operation of the Vietnamese carbon market by 2025 and its official launch by 2028.
Semiconductor investment prioritized

Semiconductor investment prioritized

(VEN) - Vietnam has recently completed the legal corridor to create conditions prioritizing investment and development of semiconductor chips.
Science-technology - foundation for nation’s development PM

Science-technology - foundation for nation’s development PM

Science-technology is an important driving force to boost economic growth, create breakthroughs for productivity and increase national competitive edge as the country is developing its socialist-oriented market economy, Prime Minister Pham Minh Chinh reiterated on May 15.
Full cyber stream ahead Bắc Giang focuses on digital society development

Full cyber stream ahead Bắc Giang focuses on digital society development

Director of the provincial Information and Communication Department, Trần Minh Chiêu, said that the province was concentrating on building a safe and reliable digital environment for the community.
35 localities piloting four-wheel EVs for tourists, despite no official legal regulations

35 localities piloting four-wheel EVs for tourists, despite no official legal regulations

Four-wheel electric vehicles have been used for this purpose has been since 2010 in the capital city of Hà Nội, and to date, 35/63 localities in the country have received approval by the Prime Minister to pilot the operation.
Noi Bai Airport

Noi Bai Airport's international terminal expanded

The bidding package on the construction, supply and installation of equipment for the expansion of the T2 terminal of the Hanoi-based Noi Bai International Airport kicked off on May 19, with Prime Minister Pham Minh Chinh attending.
Government tightens vessel control to fight IUU fishing

Government tightens vessel control to fight IUU fishing

The Government has ordered harsh punishments on any violation of vessel-monitoring-system (VMS) rules in a move to get the European Commission (EC)’s “yellow card” against the Vietnamese seafood products for illegal, unreported and unregulated (IUU) fishing lifted.
HCM City to complete 183km of metro routes by 2035

HCM City to complete 183km of metro routes by 2035

HCM CITY — HCM City is striving to complete about 183 kilometres of six metro routes by 2035.
Railway sector gets creative to attract passengers

Railway sector gets creative to attract passengers

HÀ NỘI — With recent increases in the price of flights, many domestic travellers have chosen to take the train and to build on that popularity whilst the railway sector has been making efforts to improve service quality.
Branding essential for leverage of FTA opportunities

Branding essential for leverage of FTA opportunities

(VEN) - Despite Vietnam’s impressive export growth rate to FTA markets, the market share of Vietnamese goods in those countries remains very modest. One of the reasons for that is most export products have not built their own brands.
Vietnamese agricultural products to take part in Foodservice Australia 2024

Vietnamese agricultural products to take part in Foodservice Australia 2024

Brands are looking to increase their presence in the country and to further integrate with local distribution channels.
PV GAS launches Month of Workers

PV GAS launches Month of Workers

(VEN) - On May 4, in Vung Tau City, the PetroVietnam Gas Joint Stock Corporation (PV GAS) organized a ceremony launching the Month of Workers and the Action Month for Occupational Safety and Hygiene in 2024.
National Brand Program promotes prestigious Vietnam

National Brand Program promotes prestigious Vietnam

(VEN) - After 20 years of implementation, the Vietnam National Brand Program has significantly supported businesses in promoting production, business and export activities, contributing to building Vietnam as a prestigious country with high quality goods and services.
tcty-dau-khi-vn-pv-power-2022
Royal antiques presented at metaverse exhibition

Royal antiques presented at metaverse exhibition

Ten significant antique objects from the Nguyễn Dynasty (1802–1945), the last Vietnamese dynasty have been digitally identified to be presented in 360-degree vision and full sharpness.
Việt Nam plans to preserve ethnic minorities’ intangible cultures at risk of disappearing

Việt Nam plans to preserve ethnic minorities’ intangible cultures at risk of disappearing

The Ministry of Culture, Sports and Tourism has issued a plan to support the study, restoration, and preservation of ethnic minorities’ intangible cultures which are at risk of falling into oblivion.
The Hải Phòng Red Flamboyant Festival celebrated the city

The Hải Phòng Red Flamboyant Festival celebrated the city's special UNESCO status

The Cát Bà Archipelago in Hải Phòng City and the Hạ Long Bay, in the neighbouring province of Quảng Ninh, is Việt Nam's first inter-provincial site listed by UNESCO as a World Heritage Site.
Nguyễn Dynasty Urns in Huế make it to the UNESCO Memory of the World List

Nguyễn Dynasty Urns in Huế make it to the UNESCO Memory of the World List

The urns received unanimous votes by all 23 member countries.
Thanh Hoa tourism experiences great changes

Thanh Hoa tourism experiences great changes

(VEN) - During the Reunification Day and May Day holidays this year, Thanh Hoa Province was the locality that welcomed the largest number of visitors in the country with over 1.5 million visitors, and the total tourism revenue of the province during this time reached more than VND3.8 trillion.
Lighting the skies of Hội An Memories Park with a stunning new drone light show

Lighting the skies of Hội An Memories Park with a stunning new drone light show

The drone show, Light to Sky Festival, will launch three months of special performances and events in the Hội An Memories Land, tracing the most beautiful images of the ancient town into the skies.
Tourism sector goes green for sustainable development

Tourism sector goes green for sustainable development

(VEN) - Vietnam has gradually implemented green tourism, focusing on rational exploitation and uses of natural resources to limit negative impacts on the living environment.
Sustainability plays significant role in choices of travellers

Sustainability plays significant role in choices of travellers

Sustainability plays a significant role in the decision-making process of Vietnamese travellers when selecting destinations for their upcoming vacations, experts said.
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