Domestic market

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.

Trước Sau

Latest Most Read

Bac Ninh: 28 additional 4-star-rated OCOP products

23:24 | 22/12/2024 Society

(VEN) - Bac Ninh province recently organized the second assessment and classification of OCOP products in 2024. Accordingly, 28 more OCOP products have been rated as 4-star. Thus, so far, the province has more than 100 OCOP 3-star- and 4-star-rated products.

PM attends inauguration of resettlement areas of Lao Cai’s typhoon-affected villages

18:52 | 22/12/2024 News and Events

Prime Minister Pham Minh Chinh on December 22 attended the inauguration ceremony of the resettlement area projects in three villages of the northern mountainous province of Lao Cai which had been severely affected by flash floods and landslides caused by Typhoon Yagi in early September.

Defence cooperation forms pillar of Vietnam-Thailand enhanced strategic partnership

18:39 | 22/12/2024 Cooperation

Defence cooperation is one of the pillars of the Enhanced Strategic Partnership between Vietnam and Thailand, Vietnamese Defence Attaché to Thailand Colonel Pho Trieu Cuong has affirmed.

Contracts worth 286.3 million USD inked at Vietnam Int’l Defence Expo 2024

17:02 | 22/12/2024 Science - Technology

Sixteen contracts worth 286.3 million USD in total, and 17 cooperation agreements between Vietnam’s defence industry units and businesses from various countries such as the US, India, France and Belgium were signed at the Vietnam International Defence Expo 2024 held in Hanoi from December 19-22.

Vietnam needs development of green products exported to UK

16:58 | 22/12/2024 Trade

Experts believe that Vietnamese enterprises need to develop green products for export to the UK, contributing to increasing exports to this market.

NA prepares for political system reform in 2025

08:47 | 17/12/2024 News and Events

Politburo member, Secretary of the National Assembly (NA) Party Delegation, and NA Chairman Tran Thanh Man chaired the second meeting of the Steering Committee tasked with reviewing the implementation of the 12th Party Central Committee’s Resolution on several issues regarding the continued reform and reorganisation of political system to ensure it is lean, effective, and efficient, in Hanoi on December 16.

PM hopes for stronger cooperation between Vietnamese, Japanese localities

08:53 | 17/12/2024 Cooperation

Prime Minister Pham Minh Chinh on December 16 suggested Japan’s Yamaguchi prefecture establish partnerships with other Vietnamese localities, apart from the southern province of Binh Duong.

Vietnam’s pangasius exports reach US$1.8 billion in 11 months

09:00 | 17/12/2024 Trade

(VEN) - According to data from the Vietnam Customs, pangasius export revenue in November 2024 reached US$179 million, a 16 percent increase compared to November 2023. The cumulative pangasius export value for 11 months of 2024 totaled US$1.8 billion, up 10 percent year on year.

Total FDI registered in Vietnam hits 31.4 billion USD in January-November

09:02 | 17/12/2024 Infographic

As of November 30, 2024, the total newly registered capital, adjusted capital, and capital contributions or share purchases by foreign investors in Vietnam reached nearly 31.4 billion USD, up 1% increase compared to the same period last year.

Vietnam’s e-commerce boom: a 5.8 bln USD opportunity by 2028

09:06 | 17/12/2024 Trade

Vietnam’s business-to-consumer (B2C) e-commerce export value is estimated at 145.2 trillion VND (5.8 billion USD) by 2028, with micro, small and medium-sized enterprises (MSMEs) projected to contribute 25%.

Multimedia

Video Longform Infographic Photo

Glorious tradition of the Vietnam People's Army

08:30 | 22/12/2024 Infographic

The Vietnam People’s Army (VPA) celebrate its 80th founding anniversary on December 22, 2024, a milestone in the army’s glorious history of serving and defending the nation. After 80 years of construction and development, the VPA has truly proven its revolutionary nature as an army “born from the people, fighting for the people, and serving the people”.

Total FDI registered in Vietnam hits 31.4 billion USD in January-November

09:02 | 17/12/2024 Infographic

First 11 months of 2024: Import-export turnover increases 15.4%

10:55 | 16/12/2024 Infographic

In the first 11 months of this year, Vietnam’s total import-export turnover reached 715.55 billion USD, up 15.4% against the same period last year, of which exports rose by 14.4% and imports up 16.4%. In the reviewed period, Vietnam enjoyed a trade surplus of 24.31 billion USD.

11-month agro-forestry-fishery exports exceed yearly target

19:55 | 15/12/2024 Infographic

Vietnam’s total export turnover of agro-forestry-fishery products in the first 11 months of 2024 reached 56.74 billion USD, an increase of 19% over the same period in 2023. The sector has exceeded the set target of 54-55 billion USD for the whole year, and is confidently aiming for a new record of 60 billion USD.

Hanoi achieves or exceeds 23/24 socio-economic targets for 2024

08:57 | 13/12/2024 Infographic

Hanoi achieves rather comprehensive results in its socio-economic development in 2024, with 23/24 targets completed or exceeded.

Policy

Gov't targets to gradually make English second language at schools by 2030

15:45 | 21/12/2024 Policy

The Government has approved a plan for international cooperation in the field of education and training until 2030 in order to improve the quality of workforce for socio-economic development.

Nine newly-adopted laws made public

16:42 | 20/12/2024 Policy

The Presidential Office on December 20 announced the President’s order to make public nine new laws that were passed by the 15th National Assembly at its eighth session.

Resolution on construction of North-South high-speed railway issued

11:42 | 19/12/2024 Policy

National Assembly Chairman Tran Thanh Man recently issued a resolution on the investment policy for the North-South high-speed rail project.

PM requests no one be left behind in apparatus restructuring

09:16 | 18/12/2024 Policy

Prime Minister Pham Minh Chinh on December 17 requested the development of regimes and policies to ensure the legal and legitimate rights and interests of officials, civil servants, public employees, and labourers in the restructuring of the organisational apparatus, with no one left behind.

Industry & Trade

Ministry proposes incentives for renewable energy projects

16:17 | 20/12/2024 Energy

The Ministry of Industry and Trade has proposed incentives to attract investments in renewable energy projects in a draft decree on implementing the Law on Electricity, which has recently been made public for comments.

The Era of Advancement for Vietnam Industrial Park

17:15 | 19/12/2024 Industry

(VEN) - The Vietnam Industrial Park Forum 2024, themed “The Era of Advancement for Vietnam Industrial Park”, is officially held in Ho Chi Minh City.

Vietnamese coffee sector working to meet EU Deforestation Regulation

16:38 | 18/12/2024 Industry

The Vietnamese Ministry of Agriculture and Rural Development (MARD) and the Sustainable Trade Initiative (IDH) organisation of the Netherlands on December 17 co-organised the handover ceremony of the pilot results for the database system for forests and coffee-growing areas in compliance with the EU Deforestation Regulation (EUDR).

Construction industry expands at the highest rate since 2020: ministry

09:38 | 18/12/2024 Industry

The construction industry is estimated to expand at around 7.8- 8.2% this year, the highest rate since 2020, according to a Ministry of Construction report.

Investment

Nghe An Southeast Economic Zone aims to attract 1 billion USD in FDI in 2025

12:33 | 21/12/2024 Investment

The Southeast Economic Zone of Nghe An Province targets attracting around 1 billion USD in foreign direct investment (FDI) in 2025, heard at a conference held by the Nghe An Southeast Economic Zone Management Board in Vinh City on December 20.

Boeing aims to expand investment and cooperation in Vietnam’s defense sector

17:00 | 19/12/2024 Investment

Mr. Dale McDowall, Executive Leader, Defense and Aerospace, Singapore and Southeast Asia at Boeing's Defense, Space & Security, announced that Boeing aims to invest in Vietnam and expand cooperation in the defense sector.

Can Tho attracts non-state investment

10:21 | 17/12/2024 Investment

Can Tho has been planned as a nuclear urban centre of the Mekong Delta region and received central government attention after the National Assembly issued a resolution on piloting special mechanisms for Can Tho’s development.

FDI remains vital contributor to boost economic growth

09:06 | 13/12/2024 Investment

Foreign direct investment (FDI) remains one of the most vital drivers of national economic growth, recording remarkable results in 2024.

Finance-Banking

Year-end surge in property bond issuance amid financial challenges

09:39 | 20/12/2024 Finance-Banking

As 2024 draws to a close, Vietnam's real estate industry is witnessing a notable surge in corporate bond issuances.

Vietcombank named most valuable brand in Vietnam

16:43 | 18/12/2024 Finance-Banking

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has become the most valuable brand in Vietnam in 2024, according to a recently released report of Forbes Vietnam.

Many banks increase deposit interest rates in year-end period

16:56 | 16/12/2024 Finance-Banking

In the year-end period, savings interest rates have become a focal point, with many banks adjusting their offerings, showing clear divergence.

Deputy PM urges extra efforts to remove Vietnam from money laundering grey list

15:16 | 13/12/2024 Finance-Banking

Deputy Prime Minister Ho Duc Phoc on December 12 urged ministries and sectors to do their utmost to implement the Financial Action Task Force (FATF)’s 17 recommendations to lift Vietnam out of its list of Jurisdictions under Increased Monitoring (grey list) related to money laundering.

Environment

Vietnam likely to face continued turbulent weather systems in 2025

14:26 | 19/12/2024 Environment

Global temperatures are expected to rise next year, posing a significant risk of extreme and prolonged heat waves in Vietnam, Mai Van Khiem, Director of the National Centre for Hydro-Meteorological Forecasting (NCHMF), has predicted.

Nature-based projects help Mekong Delta fight climate change

16:31 | 18/12/2024 Environment

Nature-based projects implemented by the World Wildlife Fund (WWF) Vietnam in the Mekong Delta region have helped support local residents to adapt to climate change, heard at a workshop which is part of The Mekong Connect Forum 2024 held in Mekong Delta province of An Giang on December 17.

11 rare monkeys released back into wild in Nghe An

09:27 | 18/12/2024 Environment

Eleven rare monkeys were released into the Pu Huong Nature Reserve in the central province of Nghe An on December 17.

Master Plan on Sustainable Exploitation and Use of Coastal Resources announced

11:26 | 16/12/2024 Environment

(VEN) - The Master Plan on Sustainable Exploitation and Use of Coastal Resources for the 2021-2030 period, with a vision to 2050, was announced by the Ministry of Natural Resources and Environment on December 15 at a conference in Khanh Hoa Province.

Science - Technology

Contracts worth 286.3 million USD inked at Vietnam Int’l Defence Expo 2024

17:02 | 22/12/2024 Science - Technology

Vietnam can partner with UK in developing nuclear power: Expert

12:43 | 21/12/2024 Science - Technology

Vietnam should research the feasibility of applying small modular nuclear reactor technology that the UK is currently working on, according to Dr. Dao Duc Cuong from the mechanical, engineering and energy faculty of the University of Bradford of the UK.

Vinaphone launches fastest 5G service in Vietnam

12:38 | 21/12/2024 Science - Technology

Vinaphone, the mobile network operator under the Vietnam Posts and Telecommunications Group (VNPT), has launched its official 5G service offering ultra-fast speed and unparalleled experience for both individual users and businesses alike.

Vietnam cooperates with Google to launch “Official Government Apps" feature

17:13 | 20/12/2024 Science - Technology

The Authority of Information Security (AIS) under the Ministry of Information and Communications, in collaboration with Google, launched the "Official Government Apps" feature on December 20 to enhance user protection against fraudulent activities and ensure online safety in Vietnam.

Society

Bac Ninh: 28 additional 4-star-rated OCOP products

23:24 | 22/12/2024 Society

HCM City’s first metro line launched after years of delay

16:47 | 22/12/2024 Society

Ho Chi Minh City marked a significant milestone in its long-awaited mass transit development on December 22, with the official launch of its first metro line after years of delay.

Aviation sector strengthens smuggling, commercial fraud and counterfeit goods control

09:49 | 22/12/2024 Society

(VEN) - On the afternoon of December 20, the Civil Aviation Authority of Vietnam (CAAV) issued a document to relevant units regarding the implementation of a plan to combat smuggling, commercial fraud, and counterfeit goods before, during, and after the Lunar New Year (Tet) of 2025.

How will green transformation roadmap for Ho Chi Minh City public transport be applied?

12:19 | 21/12/2024 Society

(VEN) - According to the Ho Chi Minh City People’s Committee, from 2030, 100% of the city’s buses will use electricity and green energy.

Vietnamese Brands

Viettel's hi-tech products meets standards for supply to Malaysia

13:19 | 21/12/2024 Vietnamese Brands

The Viettel High Technology Industries Corporation (VHT), a subsidiary of the the Viettel Military Industry and Telecoms Group (Viettel), announced on December 20 that it has received a certification from the Ministry of Defence, and the Army of Malaysia, recognising that Viettel's military communication products meet standards to be supplied to the Malaysian Army.

Hanoi promotes key industrial products

12:57 | 15/12/2024 Vietnamese Brands

Thirty-six products from 25 businesses were selected and recognised as Hanoi’s key industrial products for 2024.

Building a strong brand for Ha Giang’s thick-skinned orange

14:31 | 12/12/2024 Vietnamese Brands

(VEN) - With high nutritional value good for health, the thick-skinned orange has become well-known as a specialty of Ha Giang Province.

2024 Vietnam Business Day opens shop in Japan

14:49 | 04/12/2024 Vietnamese Brands

The Vietnam Business Association in Japan (VJBA) on December 3 held the 2024 Vietnam Business Day with the theme “Shared Vision, Shared Success".

Culture

Vietnam’s high-end fashion targets Chinese market

10:04 | 22/12/2024 Culture

An increasing number of Chinese celebrities are choosing high-end Vietnamese fashion, creating new opportunities for Vietnamese designers to make their mark in the 1.4 billion-strong market.

Enduring tradition of Ha Nhi ethnic minority group's costumes

13:14 | 21/12/2024 Culture

Nestled in the rugged landscapes of northern mountainous Dien Bien province, Ha Nhi ethnic minority group in Sin Thau, Sen Thuong, Leng Su Sin and Chung Chai communes of Muong Nhe district have preserved their traditional costumes through generations, ensuring that its significance remains as vital today as it was in the past.

Legendary band Boney M to thrill Vietnamese audiences this Christmas

14:49 | 17/12/2024 Culture

World renowned disco band Boney M are set to enliven the Central Highland province of Lam Dong alongside celebrated singers and bands from the 1970s and 1980s, including Joy and Samantha Fox, during the Da Lat spring concert which will be held on December 21.

Ten prominent cultural, sports, tourism events in 2024 announced

14:39 | 17/12/2024 Culture

The Ministry of Culture, Sports, and Tourism on December 16 announced the top 10 cultural, sports, and tourism events for 2024 based on both direct and online voting.

Tourism

Two VNese destinations among cheapest places to live for digital nomads

13:10 | 21/12/2024 Tourism

Popular website Travel off Path of the United States has listed two Vietnamese places among their Top 4 Exciting Digital Nomad Destinations in Asia Where You Can Live On under US$1,000 a Month list.

Vietnam among top 3 destinations appealing to Australians

14:34 | 17/12/2024 Tourism

Australians are continuing to travel in record numbers with the latest data revealing Vietnam as one of the three top-growth destinations, according to the Singapore-based asianaviation.com on December 16.

Ha Long Bay celebrates 30 years as a world heritage site

15:16 | 16/12/2024 Tourism

Ha Long Bay, a breathtaking gem of Vietnam, was recognised as a World Natural Heritage site three decades ago, on December 17, 1994. This 30-year milestone not only marks a moment of pride for Vietnam but also underscores the immense responsibility that comes with safeguarding such a natural treasure.

“Biet dong Sai Gon - Legendary Tunnels" tour launched

15:10 | 16/12/2024 Tourism

The People’s Committee of District 10 in Ho Chi Minh City and the Chim Canh Cut Travel Service Joint Stock Company on December 14 launched an inter-district tourist tour named "Biet dong Sai Gon - Nhung can ham huyen thoai" (Saigon Special Forces - Legendary Tunnels."