Domestic market

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.

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.

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.

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.

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.

Produce supply-demand connection boosted

06:00 | 22/06/2023 Domestic market

(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

07:00 | 14/06/2023 Domestic market

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.

Trước Sau

Latest Most Read

Vietnam seeks Danish assistance in green energy development

11:21 | 26/11/2024 Energy

Deputy Prime Minister Tran Hong Ha emphasized Vietnam’s desire for Danish firms to increase investments in green energy development during his meetings with leaders of Denmark’s leading corporations and the Confederation of Danish Industry (DI) as part of his working tip to Denmark on November 25.

LEGO Group seeking hundreds of workers to start operation at Binh Duong factory

11:14 | 26/11/2024 Society

Binh Duong – LEGO Manufacturing Vietnam Co. Ltd. is seeking hundreds of workers for its 1.3-billion-USD factory in the southern province of Binh Duong which is expected to start operations in early 2025.

Việt Nam spends more than $10 billion to import record volume of steel

10:49 | 26/11/2024 Trade

October saw a record steel import volume at 2.41 million tonnes, worth $1.51 billion, representing increases by 55.9 per cent and 41.7 per cent, respectively against the previous month.

PM orders strengthened state management over e-commerce

10:41 | 26/11/2024 Trade

Hanoi – Prime Minister Pham Minh Chinh on November 25 ordered relevant ministries and localities to intensify state management over e-commerce.

Germany’s Hesse state leader explores cooperation opportunities in Vietnam

09:56 | 26/11/2024 Cooperation

The Minister-President of the German state of Hesse, Boris Rhein, is scheduled to visit Vietnam from November 26 to December 1 to strengthen the strategic partnership between Hesse and Vietnamese partners.

Vinacomin - Power Holding Corporation: 15 years of ensuring national energy security

08:10 | 23/11/2024 Companies

(VEN) - After 15 years of construction and development, the Vinacomin - Power Holding Corporation is now proud to become one of the five major power generation corporations in Vietnam, contributing to ensuring national energy security with a total capacity of power plants of 1,735MW.

Petrovietnam grows strongly thanks to volatility management

07:29 | 24/11/2024 Companies

(VEN) - In the context of market volatility with complicated developments from epidemics, economic crises, to geopolitical instability, the proactive management of volatility of the Vietnam National Oil and Gas Group (Petrovietnam) has helped the group not only steadily overcome numerous difficulties, but also take advantages of new opportunities to set many records in production and business activities and make great contributions to the country’s economic growth.

Fresh Vietnamese coconut exports to US skyrocket

16:00 | 22/11/2024 Trade

Vietnam’s fresh coconut exports to the US increased dramatically by 1,156% in volume and 933.6% in value during the past eight months of the year, according to details released by the International Trade Centre (ITC).

Vietnamese NA Chairman receives Cambodia's highest order

16:05 | 22/11/2024 News and Events

President of the Cambodian National Assembly (NA) Samdech Khuon Sudary, on behalf of the State of Cambodia, awarded the Royal Order of Sahametrei (The Grand Cross), the highest honour that Cambodia bestows upon foreigners, to Chairman of the Vietnamese NA Tran Thanh Man on November 21.

Bulgarian President to pay official visit to Vietnam

16:08 | 22/11/2024 News and Events

President of the Republic of Bulgaria Rumen Radev and his spouse will pay an official visit to Vietnam from November 24-28.

Multimedia

Video Longform Infographic Photo

Vietnam, Bulgaria strengthen traditional friendship and multifaceted cooperation

08:56 | 26/11/2024 Infographic

At the invitation of President Luong Cuong, President of Bulgaria Rumen Radev and his spouse are on an official visit to Vietnam from November 24 to 28. This is the first visit to Vietnam by a Bulgarian president in 11 years, and also the first trip to the Southeast Asian country by President Radev.

Banning motorbikes - a complex issue

09:32 | 24/11/2024 Society

Hà Nội is facing a serious problem because of polluted air and traffic congestion. Authorities plan to limit motorbikes in inner districts after 2025 and them gradually ban reduce the number of bikes on the roads from 2030. Are motorbikes the problem? Will this help ease congestion? Watch our video and tell us your comments.

Strengthening Vietnam-Cambodia friendship and cooperation

09:00 | 22/11/2024 Infographic

Chairman of the National Assembly Tran Thanh Man leads a high-ranking delegation to make an official visit to Cambodia, and attend some international events hosted by the neighboring country on November 21 to 24.

Vietnam - Malaysia Strategic Partnership

10:54 | 21/11/2024 Infographic

Since the establishment of diplomatic relations, the relationship between Vietnam and Malaysia has been continuously strengthened and developed positively across all areas, especially since it was upgraded to a Strategic Partnership in August 2015.

Vietnam, Dominican Republic strengthening cooperation

08:45 | 20/11/2024 Infographic

At the invitation of Dominican President Luis Rodolfo Abinader Corona and his spouse, Prime Minister Pham Minh Chinh and his spouse, accompanied by a high-level Vietnamese delegation, pay an official visit to the Dominican Republic from November 19 to 21, 2024. This visit holds significant importance as it marks the first official trip by a Vietnamese leader to the Dominican Republic, taking place ahead of the 20th anniversary of diplomatic ties between the two nations (July 7, 2005 – July 7, 2025).

Policy

Party Central Committee concludes 13th Conference with major resolutions for reform and national development

16:37 | 25/11/2024 Policy

Speaking at the meeting, General Secretary Tô Lâm summarised the key outcomes of the conference and highlighted the work required going ahead. He noted that the Central Committee had achieved a high level of consensus on its determination to review and streamline the organisational structure of the political system.

New decree on using telecommunications accounts for payment proposed

09:29 | 22/11/2024 Policy

Currently, the use of a telecommunications account to pay for small-value goods and services in the country, called Mobile-Money service, is being implemented in a pilot programme.

Parliament approves amendments to pharmacy law

08:54 | 22/11/2024 Policy

On drug price management, the NA Standing Committee reviewed and concurred with the Government’s proposal to implement measures for publishing projected wholesale prices for prescription drugs.

VAT tax reduction should continue until mid-2025: Ministry

17:15 | 21/11/2024 Policy

Hanoi - The Ministry of Finance (MoF) has proposed Vietnam's value-added-tax (VAT) reduction should continue until at least June 2025, saying the tax cut has provided both the business community and the economy with much-needed support.

Industry & Trade

Vietnam seeks Danish assistance in green energy development

11:21 | 26/11/2024 Energy

Huge potential for VN, UK to boost cooperation in clean energy

15:29 | 25/11/2024 Energy

There is a huge potential for Việt Nam and the UK to enhance cooperation in clean energy, as both countries have set ambitious goals for carbon neutrality moving towards a sustainable future, experts have said.

Vietnam’s automotive supporting industry: A bright future ahead, riding the wave of growth

20:42 | 22/11/2024 Industry

(VEN) - In recent years, the demand for transportation vehicles in Vietnam has surged rapidly, making the market highly promising, as assessed by experts.

VN's food processing industry struggles to improve quality and value chain integration

11:36 | 22/11/2024 Industry

Despite accounting for 19.1 per cent of Việt Nam’s processing sector, the food processing industry has been struggling with major issues such as poor-quality raw materials and subpar value chain integration, said industry insiders and economists.

Investment

Japanese retailer Aeon to break ground on 4th shopping mall in Northern Vietnam

15:54 | 25/11/2024 Investment

Japan’s Aeon Mall Vietnam will start construction of a VND5.14 trillion ($202.2 million) shopping center project in the northern province of Quang Ninh, home to UNESCO natural heritage site Ha Long Bay, on December 2, according to provincial authorities.

Thai packaging giant takes 30-year lease for largest ready-built factory in Tay Ninh

16:58 | 22/11/2024 Investment

Thantawan Industry Public Company Limited, a leading plastic bag and straw manufacturer with more than 40 years of experience in Thailand, officially took out a landmark 30-year lease for a ready-built factory at Phuoc Dong Industrial Park, the southern province of Tay Ninh.

Workshop seeks ways to attract Japan’s green investment to Vietnam

09:43 | 20/11/2024 Investment

A workshop was held in Tokyo on November 18 to introduce to Japanese businesses investment trends in Vietnam and its pioneering industrial parks with carbon neutral initiatives.

Government approves investment policy to build Cam Lien Industrial Park in Quang Binh

16:57 | 18/11/2024 Investment

On November 16, the leader of the Quang Binh Provincial Economic Zone Management Board said that the Government had just approved the investment policy for Cam Lien Industrial Park.

Finance-Banking

Promoting credit for key agricultural sectors in Mekong Delta

11:11 | 25/11/2024 Finance-Banking

The Mekong Delta contributes 95% of Vietnam’s rice exports and accounts for 60% of the country’s total seafood export value. Recently, fruit exports have shown strong growth, with various fruits entering new markets. However, numerous credit-related obstacles are creating challenges regarding agricultural production loans in the region.

HDBank wins three awards at Vietnam Listed Company Awards 2024

10:53 | 21/11/2024 Finance-Banking

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank - HoSE: HDB) has received three prestigious awards at the Vietnam Listed Company Awards 2024, highlighting its leadership in the banking sector, as well as its dedication to transparency and governance.

VIB, Flywire partner to streamline cross-border payments for students from Vietnam

16:46 | 18/11/2024 Finance-Banking

Vietnam International Bank (VIB) has announced a partnership with Flywire, a global payments enablement and software company based in Boston, to enable Vietnamese payers to digitally pay international education-related fees in their local currency to higher education institutions all over the world.

Vietcombank issues 2 trillion VND worth of green bonds for first time

18:55 | 16/11/2024 Finance-Banking

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has successfully issued 2 trillion VND worth of green bonds, the first of its kind, to support eco-friendly projects.

Environment

Businesses support Vietnam’s net zero target

16:18 | 25/11/2024 Environment

(VEN) - Vietnam has set a goal of achieving net-zero carbon emissions by 2050 to combat global climate change. To support the Government in achieving this target, many businesses have introduced various greenhouse gas reduction solutions.

Prolonged rainfall and landslides disrupt life in central region

15:43 | 25/11/2024 Environment

Provincial authorities are monitoring weather developments closely and evacuating residents from flood-prone and high-risk areas.

Tough negotiations to prevent Earth’s warming

10:38 | 24/11/2024 Environment

The 29th Conference of the Parties to the UN Framework Convention on Climate Change (COP29) in Baku, Azerbaijan, has failed to find common ground on the major issue of climate finance in the final hours of negotiations. Irreconcilable differences between countries are hampering global efforts to prevent Earth’s warming.

MoT view on raising emission standards for scooters from 2027

19:46 | 23/11/2024 Environment

(VEN) - The Prime Minister Notice No.518/TB – VPCP released recently by the Government Office has demonstrated the political determination and responsibility of enterprises in implementing the Party’s policies and the State’s laws and policies on environmental protection.

Science - Technology

MoU signed to foster Vietnam-Canada cooperation in science, technology

17:04 | 25/11/2024 Science - Technology

In preparation for cooperation in training human resources in science and technology, a delegation of the Vietnam Higher Education Network of Entrepreneurship & Innovation (VNEI) has recently signed a Memorandum of Understanding (MoU) with the Colleges and Institutes Canada (CICAN) on the occasion of their participation in the Canadian Bureau for International Education Conference.

First Vietnamese scientist named at UK’s TechWomen 100 Awards

17:00 | 25/11/2024 Science - Technology

With outstanding achievements in biotechnology, Dr Nguyen Thuy Ba Linh from University College London (UCL) has become the first Vietnamese scientist to win the UK's TechWomen 100 Awards.

Vietnam: A global magnet for scientific talent

16:58 | 24/11/2024 Science - Technology

Hanoi – Vietnam has rapidly established itself as a premier destination for scientific talent worldwide, driven by a robust policy framework aimed at nurturing talent and cultivating a skilled workforce for sustainable development.

Samsung launches technology talent development programm

09:36 | 24/11/2024 Science - Technology

Samsung Vietnam Complex on Friday officially launched the Samsung Innovation Campus (SIC) 2024–25, a Technology Talent Development Programme aimed at equipping Việt Nam’s youth - the future leaders of the Fourth Industrial Revolution - with advanced technological capabilities.

Society

LEGO Group seeking hundreds of workers to start operation at Binh Duong factory

11:14 | 26/11/2024 Society

Việt Nam must gear up for green mobility transition: experts

15:39 | 25/11/2024 Society

Việt Nam must develop charging infrastructure and ensure a stable electricity supply to prepare for the era of electric mobility transition.

iCare+ App launched on App Store to accompany diabetes patients

14:30 | 25/11/2024 Society

A first-ever specialized application for diabetes diseases in Vietnam, iCARE+ - is officially launched on the App Store, extending the opportunity to approach diabetes patients.

Vietnam leads ASEAN in number of students studying in US

14:18 | 25/11/2024 Society

Hanoi - Vietnam leads member countries of the Association of Southeast Asian Nations (ASEAN) in the number of students studying in the US, with nearly 50% pursuing majors in the fields of science, technology, engineering, and mathematics (STEM), according to a report released this month by the Institute of International Education (IIE).

Vietnamese Brands

Dong Thap diversifies lotus products

09:34 | 26/11/2024 Vietnamese Brands

Lotus growers in the Mekong Delta province of Dong Thap have won big as their efforts to diversify lotus products pay off.

Top 10 reputable pharmaceutical, medical supply companies in 2024 announced

09:17 | 26/11/2024 Vietnamese Brands

The Vietnam Report JSC announced the list of top 10 reputable companies in the pharmacy, medical supply and health care for 2024.

The essence of Chuon Ngo Mother-of-Pearl Inlay Village

16:42 | 25/11/2024 Vietnamese Brands

Despite the passage of time, local artisans have meticulously preserved and elevated this traditional craft. Their exquisite creations have gone beyond national borders, reaching the continents and the world.

Petrovietnam grows strongly thanks to volatility management

07:29 | 24/11/2024 Companies

Culture

Young boy takes top prize at writing contest

09:49 | 26/11/2024 Culture

Hà Nội-based Lã Duy Long was awarded special prize at a story writing contest Đóa Hoa Đồng Thoại (Bouquet of Children's Stories Contest) with his short story about donating hair to a cancer patient.

Hà Nội Culinary Culture Festival 2024 to take place this month

09:45 | 26/11/2024 Culture

With the theme 'Hà Nội kết nối năm châu' (Hà Nội connects the World), the festival is organised by the Hà Nội Department of Culture and Sports.

Long An's 2nd Culture, Sports, Tourism Week to kick off in late November

16:49 | 25/11/2024 Culture

This week-long celebration will offer a wide range of activities, providing visitors with unique experiences of Long An’s culture, people, and natural beauty.

Exhibitions in Hà Nội downtown celebrate Heritage Day

13:55 | 23/11/2024 Culture

This year marks the 19th anniversary of the Việt Nam Cultural Heritage Day since its inception in 2005, aiming to promote the traditions and sense of responsibility among those working to protect and promote the value of Việt Nam's cultural heritage.

Tourism

Vietnam welcomes first group of 400 Chinese tourists on charter train

09:41 | 26/11/2024 Tourism

The Vietnam Railways Corporation (VNR) has recently welcomed 400 Chinese tourists entering Vietnam through the Lao Cai International Border Gate on the first charter train under a cooperation programme between the Lao Cai Department of Tourism and VNR.

Hòa Bình taps agricultural tourism for sustainable development