Trade surplus hits $8.4 billion in four months: GSO
10:07 | 01/05/2024 Foreign trade
Việt Nam's import-export revenue reached 238.88 billion USD in the first four months of this year, with trade surplus reaching US$8.4 billion, higher than the $7.66 billion recorded in the same period last year, according to the General Statistics Office (GSO).
Vietnam ranks fifth among aquatic product suppliers for Singapore
06:00 | 28/04/2024 Foreign trade
Vietnam jumped one place to become the fifth largest exporter of aquatic products to Singapore for the first time in the first quarter of this year, according to its Trade Office in the city state.
Positive outlook for 2024 exports
06:00 | 26/04/2024 Foreign trade
(VEN) - In the first quarter (Q1) of 2024, Vietnam earned a merchandise export value of an estimated US$93.06 billion, up 17 percent from the same period last year, supporting the achievement of the country’s six-percent export growth target
for 2024.
Việt Nam earns $1.43b from rice exports in Q1
09:26 | 19/04/2024 Major exports
Việt Nam in the first quarter of 2024 exported 2.18 million tonnes of rice, earning US$1.43 billion, an increase of 17.6 per cent in volume and 45.5 per cent in value year on year.
Vietnam leads in export rice prices globally
14:16 | 06/05/2024 Major exports
The prices of Vietnamese rice in the international market rose by 3-8 USD per tonne last week, helping Vietnam return to the top position in export rice prices, according to the Vietnam Food Association (VFA).
Vietnam targets 2 billion USD in cassava export by 2030
06:00 | 06/05/2024 Major exports
Vietnam aims to raise its cassava export revenue to 2 billion by 2030, according to a plan recently approved by the Ministry of Agriculture and Rural Development (MARD).
Vietnamese pomelo to be exported to Australia
08:52 | 04/05/2024 Major exports
HÀ NỘI - The import of Vietnamese fresh pomelo into the Australian market may be allowed if the product meets the Oceanian country's biosecurity conditions, said the Vietnam Sanitary and Phytosanitary Notification Authority and Enquiry Point (SPS Vietnam).
Vietnam’s agricultural products appeal to foreign customers
14:49 | 15/04/2024 Foreign trade
Vietnam's agricultural products were sold well in foreign markets in Q1, with a surge in both volume and prices documented.
Steel exports overcome barriers
14:00 | 10/04/2024 Foreign trade
(VEN) - The World Trade Organization (WTO) estimated that steel export value may drop by four percent under the impact of the EU Carbon Border Adjustment Mechanism (CBAM). Faced with this challenge, Vietnam's steel industry needs to improve product quality, meet international standards and develop sustainably.
Livestock product exports up in Q1
10:09 | 10/04/2024 Foreign trade
Việt Nam saw a year-on-year increase of 4.8 per cent in livestock product turnover this year to US$113 million in the first quarter, according the Ministry of Agriculture and Rural Development (MARD).
Vietnam, Laos seek to remove difficulties in coal, electricity trade
14:29 | 09/04/2024 Foreign trade
Minister of Industry and Trade Nguyen Hong Dien had a meeting in Vientiane on April 8 with Lao Prime Minister Sonexay Siphandone who asked relevant ministries of the two sides to focus on seeking ways to remove difficulties facing their businesses in exporting coal and electricity, thus improving the effectiveness of bilateral cooperation in trade, energy, and minerals in accordance with the needs and potential of each country.
Vietnam – EU’s second biggest coffee supplier in 2023
15:25 | 08/04/2024 Foreign trade
With 652,000 tonnes of coffee exported to the EU worth 1.66 billion USD in 2023, Vietnam was the second biggest coffee supplier of the EU in terms of volume and third largest supplier in terms of value.
Vietnam-Laos trade: Highlight of border economy
16:50 | 05/04/2024 Foreign trade
(VEN) - The Vietnamese-Lao trade has been growing continuously, evidenced by significant increases in the value of goods traded through the two countries’ border crossings.
Agro-forestry-fishery exports likely to hit 54-55 billion USD
06:00 | 05/04/2024 Major exports
With trade promotion activities intensified, the agro-forestry-fishery sector is able to earn 54-55 billion USD in export revenue this year as assigned by the Prime Minister, according to Deputy Minister of Agriculture and Rural Development Phung Duc Tien.
Seafood exports rise to $2 billion in Q1
09:15 | 03/04/2024 Major exports
HCM CITY — Seafood exports were worth nearly US$2 billion in the first quarter, 8 per cent up year-on-year, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).
Agricultural product exports boom in first months of 2024
08:51 | 01/04/2024 Foreign trade
Maintaining last year's growth momentum, the exports of many Vietnamese agricultural products posted strong performance in the first months of this year.
Tuna exports predicted to rebound as billion-USD earner
10:22 | 29/03/2024 Major exports
Vietnam’s tuna exports showed a gradual recovery in the last quarter of 2023 and have strongly grown again in the first months of this year, promising a surge throughout 2024 and a return as a commodity with billion-USD export value, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Highlights in rice exports in 2024
06:00 | 25/03/2024 Foreign trade
(VEN) - According to the preliminary estimate by the Ministry of Industry and Trade (MoIT), Vietnam exported more than 512,000 tonnes of rice worth US$362 million to 27 markets in January 2024, up 42.8 percent in volume and 94.5 percent in value compared to the same time of 2022.
Avoidance of trade defense investigation needed
06:00 | 19/03/2024 Foreign trade
(VEN) - Vietnam's growing electric bicycle exports to the EU might cause the country to take the risk of being subject to trade defense investigations, which could affect the interests of businesses.
Vietnam to export chicken meat to Islamic countries
10:10 | 18/03/2024 Foreign trade
The Ministry of Agriculture and Rural Development (MARD) will hold a conference in May to announce the export of chicken meat products to Islamic markets with an estimated volume of around 1,000 tonnes per month, according to Deputy Minister of Agriculture and Rural Development Phung Duc Tien.
Việt Nam's export recovery gains momentum
06:00 | 14/03/2024 Foreign trade
Việt Nam’s exports have been on a path of recovery since the beginning of the year. According to a report from the General Statistics Office (GSO), the total export turnover of goods in the first two months of 2024 reached US$59.34 billion, a 19.2 per cent increase compared to the same period last year.
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Grand ceremony, parade mark 70th anniversary of Dien Bien Phu Victory
19:33 | 07/05/2024 News and Events
The Party Central Committee, the National Assembly (NA), the State President, the Government, the Vietnam Fatherland Front (VFF) Central Committee, and the northwestern province of Dien Bien held a grand ceremony on May 7 in celebration of the 70th anniversary of the Dien Bien Phu Victory (May 7, 1954 - 2024).
“The Road to Dien Bien Phu” full of emotion
14:59 | 07/05/2024 Lifestyle
(VEN) - To mark the 70th anniversary of the Dien Bien Phu Victory (May 7, 1954 - 2024), the Vietnam Fine Arts Museum held the “The Road to Dien Bien Phu” exhibition to introduce 70 outstanding artworks, such as paintings, graphics, sculptures, sketches, and posters by 34 authors produced between 1949 and 2009.
IC development challenges Dong Nai Province
14:00 | 07/05/2024 Industry promotion
(VEN) - Under the plan, the southeastern province of Dong Nai will have 27 industrial clusters (ICs) with a total area of almost 1,500 hectares in the 2021-2025 period. However, only four of the 27 ICs have had their infrastructure projects accomplished as of the end of 2023, while the rest are still under investment procedure handling and site clearance.
Vietnam, France agree to strengthen their strategic partnership
11:21 | 07/05/2024 Vietnam and EU
French Minister of the Armed Forces Sébastien Lecornu's visit "holds significant importance in strengthening the Việt Nam-France Strategic Partnership and reaffirms their commitment to leaving the past behind and moving forward".
PM offers incense to fallen soldiers in Điện Biên Phủ
09:51 | 07/05/2024 News and Events
Prime Minister Phạm Minh Chính offered incense to heroes and martyrs at the A1 cemetery in Điện Biên Phủ city, the northern province of Dien Bien on May 6, on the occasion of the 70th anniversary of the Điện Biên Phủ Victory (May 7).
Multimedia
Green transformation in tourism starts with correct understanding, awareness: expert
06:00 | 07/05/2024 Tourism
Many tourism businesses still have insufficient and incorrect understanding of these principles so the implementation of green tourism within the Vietnamese business community is still limited.
Vietnamese celebrated director to head jury at Shanghai International Film Festival
06:00 | 07/05/2024 Lifestyle
According to the organisers of the film festival, the works of the Vietnamese French director and scriptwriter, who won the Best Director Award at the 76th Cannes Film Festival in 2023 for The Taste of Things, blend the expressions of Eastern and Western cultures, with sensitivity, delicacy, and a romantic style.
HCM City achieves $127 million in tourism revenue over five-day holiday
06:00 | 04/05/2024 Tourism
HCM City’s tourism revenue is estimated at more than VNĐ3.23 trillion (US$127 million) during the five-day holiday celebrating Reunification Day from April 27-May 1, according to the city Department of Tourism.
Optimising UNESCO titles for national development
06:00 | 04/05/2024 Lifestyle
With 65 UNESCO titles spanning all the 63 cities and provinces, Việt Nam contributes to enriching, protecting, and promoting the cultural treasures of humanity. This helps international friends better understand the country, its people, traditions, and history.
7 places that are worth a visit in Điện Biên
06:00 | 05/05/2024 Tourism
Here are seven recommended places for those who intend to visit the province.
Decree fosters industrial cluster development
06:00 | 07/05/2024 Policy
(VEN) - The Government has recently issued Decree 32/2024/ND-CP (Decree 32) on the management and development of industrial clusters (ICs), creating a more favorable mechanism for IC development.
Decree regulates conditions for cars from abroad to Việt Nam
06:00 | 06/05/2024 Policy
HÀ NỘI — Foreign drivers using their vehicles in Việt Nam must complete a stringent set of procedures through a recognised travel company before they enter the country.
Fresh policies come into effect in May 2024
06:00 | 03/05/2024 Policy
New policies regarding standards for civil servants holding leadership and management positions, management and development of industrial clusters, transportation of dangerous goods, and penalties in fishing sector shall come into effect this May.
Employment Law to be revised for better assurance of employees’ interests
10:53 | 01/05/2024 Policy
The Ministry of Labor, Invalids and Social Affairs (MOLISA) has recently released the latest draft of the amended Law on Employment with several significant changes.
IC development challenges Dong Nai Province
14:00 | 07/05/2024 Industry promotion
(VEN) - Under the plan, the southeastern province of Dong Nai will have 27 industrial clusters (ICs) with a total area of almost 1,500 hectares in the 2021-2025 period. However, only four of the 27 ICs have had their infrastructure projects accomplished as of the end of 2023, while the rest are still under investment procedure handling and site clearance.
Textile and garment businesses face difficulties due to lack of domestic supply
05:00 | 07/05/2024 Industry
HÀ NỘI — The textile and garment industry has long faced an imbalance between production stages.
Automobile industry reported strong sales in Q1
06:00 | 05/05/2024 Industry
HÀ NỘI — April 2024 marks the second consecutive month the automobile industry reported significant growth since the beginning of the year, according to a report by the General Statistics Office of Vietnam (GSO).
DPPA boots renewable energy, competitive electricity market
15:06 | 03/05/2024 Energy
(VEN) - A direct power purchase agreement (DPPA) will help attract investment in the development of renewable energy and a competitive retail electricity market.
Foreign, domestic investment in Ba Ria - Vung Tau rises sharply
09:22 | 07/05/2024 FDI
Foreign and domestic investment in the southern province of Ba Ria - Vung Tau stood at almost 1.63 billion USD and over 25.93 trillion VND (1 billion USD) during the first four months of 2024, surging 7.2-fold from a year earlier.
Foreign investors encouraged to invest in petroleum storage infrastructure
08:27 | 05/05/2024 Investment
The Vietnamese Government has given green light to foreign investors to invest in developing oil and gas storage and supply infrastructure system, but they cannot participate in distributing, importing and exporting petroleum.
Cambodian media values Vietnam's foreign investment attraction
09:50 | 03/05/2024 Investment
The SBM NEWS website of Cambodia has published an article praising Vietnam's ability to attract foreign investment, especially in the northeastern province of Quang Ninh.
Thai Binh province rolls out red carpet for Dutch businesses
10:45 | 30/04/2024 FDI
The northern province of Thai Binh always accompanies and creates the best conditions for enterprises, including those from the Netherlands to invest in and run long-term and effective business in the locality, Secretary of the provincial Party Committee Ngo Dong Hai has affirmed.
MoF refuses to cut import tax for some materials of animal feed production
09:36 | 07/05/2024 Finance-Banking
The Ministry of Finance has refused to reduce import tax rates for some crucial materials of animal feed production as proposed by Bến Tre Province's voters.
Government proposes extending VAT cut until year end
09:10 | 05/05/2024 Finance-Banking
The Government has proposed extending the cut in value-added tax (VAT) from 10% to 8% on specific groups of goods and services from July 1 until the end of the year to support business and production activities.
Stock market upgrade to help Vietnam lure another 10 bln USD in investment
09:23 | 03/05/2024 Stock Market
The elevation of the stock market to "emerging" status can help Vietnam attract an additional 10 billion USD in both direct and indirect investment, KB Vietnam Securities JSC (KBSV) reported, citing the World Bank (WB).
VND30-trillion credit package for forestry, fisheries businesses
06:00 | 30/04/2024 Finance-Banking
(VEN) - Following the Government’s guidelines, the State Bank of Vietnam (SBV) has assigned commercial banks to realizing a VND30-trillion preferential credit program for forestry and fisheries sectors in order to help them maintain their leading positions as billions-of-US-dollars export revenue earners.
Is it possible to deny collection for waste unsorted at source?
06:00 | 07/05/2024 Environment
Unsorted waste could be denied collection, per a draft document proposed by the Ministry of Natural Resources and Environment.
PM asks for effective preventive solutions against forest fires
06:00 | 05/05/2024 Environment
HÀ NỘI — Prime Minister Phạm Minh Chính has issued an official dispatch, requesting ministries, sectors, and localities to continue vigorously and effectively implementing fire prevention and control measures nationwide amid hot weather across the country.
Heat records broken, more hot weather forecast for May
06:00 | 04/05/2024 Environment
HÀ NỘI — April saw 112 heat records as the country baked in sweltering weather, with many places breaking temperature records set over a decade ago.
Vietnam faces climate change challenges
06:00 | 02/05/2024 Environment
(VEN) - Without appropriate adaptation and mitigation measures, it is estimated that climate change could cause Vietnam to suffer losses of approximately 12-14.5 percent of gross domestic product (GDP) annually by 2050, triple the losses in 2020, 3.2 percent of GDP or around US$10 billion.
2024 VinFuture Prize records 1,469 nominations
06:00 | 07/05/2024 Science - Technology
The 4th edition of VinFuture Prize, an annual international award that honours remarkable scientific breakthroughs and promotes innovations for humankind, has officially closed its nomination portal with a record of 1,469 submissions.
HCM City: Centre for Fourth Industrial Revolution to debut in September
06:00 | 05/05/2024 Science - Technology
A centre for the Fourth Industrial Revolution (C4IR) in Ho Chi Minh City is scheduled to be officially launched in September, with a mission to be Vietnam’s top facility in advising national industrial policies, piloting their implementation in the southern metropolis, and promoting economic transformation in the revolution.
Vietnam’s digital products to go global
06:00 | 04/05/2024 Science - Technology
(VEN) - Vietnamese digital technology businesses have made great strides in development, as more digital application products have been created. In addition to the domestic market, the state needs to support them to bring Make-in-Vietnam digital products and services to the world.
Digital transformation events for banking sector slated for May
06:00 | 03/05/2024 Science - Technology
The State Bank of Vietnam (SBV) announced a series of events focusing on digital transformation in the banking sector, scheduled for May 8 in Hanoi.
Điện Biên Phủ Victory shows strength of intelligence, public consensus: Officer
06:00 | 07/05/2024 Society
The Điện Biên Phủ (May 7, 1954) was not only a victory of the strength of intelligence and public consensus but also contributed to the end of the resistance war against the French colonialists of the Vietnamese army and people.
HCM City works to put Metro Line No. 1 into operation soon
06:00 | 06/05/2024 Society
Ho Chi Minh City's Metro Line No. 1 (Ben Thanh–Suoi Tien) is close to the finish line but is facing some difficulties, thus the local administration and the investor are making efforts to remove obstacles so that the it can start commercial operation soon.
Online administrative procedures to be processed on one app only from July 1
08:49 | 04/05/2024 Society
HÀ NỘI — Deputy Prime Minister Trần Lưu Quang has asked relevant ministries and localities to use the Vietnam Electronic Identification (VNeID) as the only app in administrative procedure performance from July 1, 2024 to save time and costs.
Over 61,000 people visit President Ho Chi Minh mausoleum on national holidays
11:02 | 02/05/2024 Society
More than 61,000 people, including 3,919 foreigners, paid tribute to President Ho Chi Minh at his mausoleum in Hanoi during the five-day National Reunification (April 30) and May Day (May 1) holidays, starting from April 27.
Habeco, northern beer Industry icon, reports largest quarterly loss in four years
06:00 | 07/05/2024 Vietnamese Brands
Habeco's leaders attributed the negative profits to a decrease in financial revenue caused by lower deposit interest rates, resulting in a 16 per cent decline to nearly VNĐ38 billion.
PV Gas unions launch book donation program
14:00 | 06/05/2024 Companies
(VEN) - On the occasion of the 10th anniversary of the Vietnam Book and Reading Culture Day (April 21, 2014 - 2024), to honor the value of books and promote reading culture among students at primary schools, the Trade Union and Youth Union organizations of Petrovietnam Gas Joint Stock Corporation (PV GAS) launched a book donation program with the theme “Donating a book, giving a future.”
Vietnam Airlines reports profit in H1
06:00 | 05/05/2024 Vietnamese Brands
Vietnam Airlines (VNA) reported after-tax profit of VNĐ4.44 trillion (US$173.19 million) in Quarter 1 as it is strengthening its international flights and restructuring.
Phenikaa targets to train over 8,000 semiconductor chip design engineers by 2030
06:00 | 04/05/2024 Vietnamese Brands
The Phenikaa Semiconductor Training Centre will conduct research and training activities in IC design, semiconductors, technology transfer, international cooperation, resource mobilisation, and collaboration and cooperation with domestic and foreign partners to promote research and training activities on semiconductor chip design.
“The Road to Dien Bien Phu” full of emotion
14:59 | 07/05/2024 Lifestyle
(VEN) - To mark the 70th anniversary of the Dien Bien Phu Victory (May 7, 1954 - 2024), the Vietnam Fine Arts Museum held the “The Road to Dien Bien Phu” exhibition to introduce 70 outstanding artworks, such as paintings, graphics, sculptures, sketches, and posters by 34 authors produced between 1949 and 2009.
Vietnamese celebrated director to head jury at Shanghai International Film Festival
06:00 | 07/05/2024 Lifestyle
According to the organisers of the film festival, the works of the Vietnamese French director and scriptwriter, who won the Best Director Award at the 76th Cannes Film Festival in 2023 for The Taste of Things, blend the expressions of Eastern and Western cultures, with sensitivity, delicacy, and a romantic style.
HCM City launches international photo contest
06:00 | 05/05/2024 Lifestyle
Vietnamese and foreign photographers, both amateurs and professionals, are encouraged to take part in the third HCM City International Photography Contest.
Optimising UNESCO titles for national development
06:00 | 04/05/2024 Lifestyle
With 65 UNESCO titles spanning all the 63 cities and provinces, Việt Nam contributes to enriching, protecting, and promoting the cultural treasures of humanity. This helps international friends better understand the country, its people, traditions, and history.
Green transformation in tourism starts with correct understanding, awareness: expert
06:00 | 07/05/2024 Tourism
Many tourism businesses still have insufficient and incorrect understanding of these principles so the implementation of green tourism within the Vietnamese business community is still limited.
7 places that are worth a visit in Điện Biên
06:00 | 05/05/2024 Tourism
Here are seven recommended places for those who intend to visit the province.
HCM City achieves $127 million in tourism revenue over five-day holiday
06:00 | 04/05/2024 Tourism
HCM City’s tourism revenue is estimated at more than VNĐ3.23 trillion (US$127 million) during the five-day holiday celebrating Reunification Day from April 27-May 1, according to the city Department of Tourism.
Lang Son Geopark well-prepared for global recognition
06:00 | 03/05/2024 Tourism
(VEN) - Currently, Lang Son Provincial People’s Committee has completed the criteria for infrastructure and landscape of Lang Son Geopark to submit to UNESCO for global recognition as a Global Geopark in early 2025.