VEN - Tết Đinh Dậu

(VEN) - Vietnamese dairy products were officially exported in 2019 for the first time to China - the world’s second largest dairy consumer (after the US), following efficient efforts by the government, industry and farmers.

(VEN) - Riding on the latest trends of green and sustainable tourism development, the Mekong Delta Province of Can Tho is expected to become a top destination with its typical river-borne and fruit garden tourism products.

(VEN) - The Vietnam Air Traffic Management Corporation (VATM) did a good job in 2019, fulfilling all assigned tasks, successfully operating all flights within its control area, and providing sufficient air navigation services on time.

(VEN) - Dong Ho, a craft village in the northern province of Bac Ninh, has been famous for its woodcut paintings since the 11th century.

(VEN) - As one of the fastest-growing internet economies in Southeast Asia, Vietnam’s e-commerce market has grown at an unprecedented pace and is poised to become the second largest e-commerce market in the region by 2025.

(VEN) - The signing of the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA) after years of negotiations marked an important milestone in bilateral commercial, economic and investment links between Vietnam and the European Union. The agreements will help promote the current strong partnership to a new unprecedented height for the benefits of the peoples and economies of Vietnam and the EU once it is fully implemented. Vietnam Economic News’ Nguyen Huong talked with EU Ambassador to Vietnam Giorgio Aliberti on the occasion of the 2020 Lunar New Year. 

(VEN) - Despite an average drop of 20 percent in coffee export prices and revenue, the prices of organic and processed coffee are still sustainable and there’s even a shortage of supplies for export. To offset the drop in green coffee export prices, Vietnam’s coffee sector is targeting development of high quality brands. Vietnam Economic News’ Phuong Lan spoke about this shift with the Chairman of the Vietnam Coffee and Cocoa Association (Vicofa) Luong Van Tu.

(VEN) - The “One Commune One Product” (OCOP) program is an innovative concept helping to enhance Vietnamese agricultural products by developing internal resources and sustainable value chains. It is also seen as a good platform to develop brands of local specialties.

(VEN) - Phu Quoc, which is dubbed the pearl island, has undergone a major transformation in just a few years to become one of the hottest holiday destinations in Vietnam.

(VEN) - Vietnam’s wood exports crossed the US$11 billion milestone at the end of 2019, overcoming various limitations to gain footholds in numerous markets around the world.

(VEN) - Vietnam continued its reforms and innovation in 2019, building a friendlier, more transparent and lower-cost business environment despite increasing global volatility and uncertainty. Vietnam Economic News’ Thu Phuong & Ca Huong heard economists’ assessments of Vietnam’s achievements. 

(VEN) - The banking sector played an important role in Vietnam’s economic achievements of the past year, helping the country reach gross domestic product (GDP) growth of 7.02 percent and fulfill targeted macroeconomic indicators. Flexible monetary and exchange rate policies created an impetus for the development of commercial banks and the economy, while improving investor confidence.

(VEN) - Science and technology (sci-tech) have increasingly been related to development goals, contributing to the competitive capacity of enterprises and the economy.

(VEN) - Forbes Vietnam has announced a list of the 100 largest public firms in the country for the first time. Featured on the list are 65 firms registered on the Ho Chi Minh City Stock Exchange (HSX), 23 firms on the Unlisted Public Company Market (UPCoM) and seven firms on the Hanoi Stock Exchange (HNX).

(VEN) - Artisan from Bac Ninh Province specializes in sculpting art relief, spending most of his time restoring cultural works and teaching his unique craft to younger generations.

(VEN) - 2020 marks the 45th anniversary of the establishment of diplomatic relations between New Zealand and Vietnam. Over the last four decades, the bilateral relationship has grown strongly, especially since the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) with both countries being members entered into force in early 2019. New Zealand Chargé D’affaires to Vietnam Keith Conway talked with Vietnam Economic News’ Nguyen Huong on the results of cooperation between the two countries.

(VEN) - Free trade agreements (FTAs) are offering the textile and garment industry great opportunities to develop and expand export markets around the world.

(VEN) - Despite difficulties in domestic and foreign markets, Vietnam was still able to record a US$41.3 billion turnover of agricultural, forestry and fishery exports in 2019, an increase of 3.2 percent compared to a year ago. However, the whole sector only achieved gross domestic product (GDP) growth of 2.2 percent, lower than the set target of three percent.

(VEN) - The Vietnamese tourism sector is launching a new push on the global tourism map with high-grade tourism products and world-class destinations to draw more visitors, including returning ones.

(VEN) - The year 2020 will be a banner year for Vietnam as it assumes the chair of the 11-member ASEAN (Association of Southeast Asian Nations) bloc and takes its seat at the United Nations Security Council (UNSC) for the 2020-2021 term. Vietnam Economic News’ Thu Hang spoke with Minister of Industry and Trade Tran Tuan Anh about these key roles. 

(VEN) - Vietnam’s total import-export turnover surpassed US$500 billion in 2019, with the country recording a trade surplus for the fourth consecutive year.

(VEN) - In 2019, Vietnam attracted US$38.02 billion in foreign direct investment (FDI), exceeding the annual forecast. FDI disbursement reached more than US$20.38 billion, the highest annual result so far. These results added bright points to Vietnam’s 2019 economic picture.

(VEN) - Over the past year, Vietnam’s customs and tax authorities have taken steps to reform administrative procedures, improve the business environment and help enterprises perform their integration commitments in the most efficient manner.

(VEN) - Vietnam’s economy has made vigorous changes in the context of the world’s complicated economic situation. The year 2019 closed with significant achievements for Vietnam’s economy, building a steady foundation for sustainable development. Vietnam Economic News has listed the year’s top 10 economic developments.

(VEN) - The disbursement of foreign direct investment (FDI) in 2018 set a record, increasing 9.1 percent compared to the previous year to US$19.1 billion. The FDI attraction strategy for the 2018-2023 period targeting quality rather than quantity has also achieved initial positive results. These developments reflect growing investor confidence in government efforts to improve the business and investment environment. Vietnam Economic News’ Thu Phuong, Tuan Vu and Nguyen Huong recorded the views by representatives of major foreign associations operating in Vietnam.

(VEN) - In 2018, impressive import, export results contributed significantly to Vietnam’s gross domestic product (GDP) growth and macroeconomic stability, as well as its successful efforts to maintain stable exchange rates, control inflation and improve the balance of payments. The results created an impetus for achieving the targets set for 2019.

(VEN) - Improvements in Vietnam’s business environment and investment attraction are paving the way for Vietnam to attract more investment in 2019. Many domestic and foreign businesses plan to expand investment in the country.

(VEN) - Vietnam’s gross domestic product (GDP) increased by 7.08 percent in 2018. For this reason, Vietnam has become one of the world’s 11 fastest growing economies over the past two decades and is expected to become one of the world’s top 20 economies by 2050.

(VEN) - The Chuong Village Festival is held on March 10 of the lunar calendar in Phương Trung Commune, Thanh Oai District, Hanoi, to commemorate Bo Cai Dai Vuong (Great King) Phung Hung. One of the most interesting events during the festival is the rice cooking competition among women in the village.

(VEN) - Despite Vietnam’s impressive economic growth, many ethnic minority and mountainous areas remain poor. Vietnam Economic News’ Hoang Mai spoke about the issue with Minister, Chairman of the Committee for Ethnic Minority Affairs Do Van Chien.