VEN - Tết Đinh Dậu

(VEN) - The year 2018 saw unpredictable changes in US international trade policy and a fierce trade conflict with China. While this unprecedented trade war has shown no sign of ending, the US view of the multilateral trade system represented by the World Trade Organization (WTO) is becoming more critical.

(VEN) - Pigs are everywhere in Vietnam these days as the country prepares to celebrate the Year of the Pig, which starts on the Lunar New Year, Tet, in early February.

(VEN) - Vietnam recently unveiled the logo of its national rice brand, the country’s first attempt to brand this product since entering the global rice trade 30 years ago. Authorities hope the logo will signal a turning point for rice exports as farmers and producers struggle to overcome challenges posed by climate change, trade tensions and fierce competition.

(VEN) - Exports of footwear, suitcases and bags reached an estimated US$19.5 billion in 2018, an increase of 10 percent compared to the previous year. With new favorable factors, the leather and footwear sector aims to achieve export turnover of US$21.5 billion in 2019, and create a breakthrough for the development of its support industry, contributing to deeper participation in global supply chains.

(VEN) - In recent years, Vietnam has welcomed many foreign food retailers, reflecting the country’s rapid economic growth, improved living standards and a growing interest in food safety shifting consumers from traditional wet markets to modern supermarkets.

(VEN) - A number of major construction projects of the region have been carried out in Vietnam by domestic contractors and general contractors, including DELTA Group. As a general contractor of numerous modern civil and industrial construction projects, DELTA has proved the Vietnamese brainpower in the construction market.

(VEN) - On November 9, 2016, the Tan Son Nhat Petrol Commercial Joint Stock Company (Tapetco) put an underground fuel hydrant system into operation at the Tan Son Nhat International Airport, affirming its position as a leading aviation fueling service provider in Vietnam. The company has contributed significantly to ensuring safety and reducing the overload situation for the airport, especially during the peak period of the 2019 Lunar New Year.

(VEN) - Vietnam’s exports to India maintained strong growth in 2018 and the two countries will make further efforts to raise bilateral trade turnover to US$15 billion.

(VEN) - Vietnam’s tourism industry is working hard to attract more European tourists, offering e-visas for tourists from 40 countries and visa exemptions for tourists from Eastern Europe.

(VEN) - Artisan Phan Thi Thuan in Phung Xa Commune is a pioneer who has devoted her life to the pursuit of unique silk product lines. Her best-known endeavors are “training” silkworms to weave blankets; her latest venture is making silk fabric from lotus stems.

(VEN) - While tariff barriers have been gradually abolished under various free trade agreements of which Vietnam is a signatory, many countries have put up technical barriers to control farm produce imports, including Vietnamese agricultural products.

(VEN) - Phan Thi Thuy Phuong has devoted her life to pursuing and turning the dream of a cleaner and green life into reality by introducing environmentally friendly, biodegradable plastic bags to Vietnam.

(VEN) - The Han Market in downtown Da Nang was built by the French in the 1940s to cater to their tastes with imported wares. Today, the bustling market with its overflowing stalls and narrow passageways has become the hub of a thriving industry catering to other foreigners, offering one-hour ao dai.

(VEN) - In 2018, the consumer price index (CPI) rose 3.54 percent compared with 2017, below the four-percent target set by the National Assembly. This was the result of effective coordination in state management of the prices of goods and services.

(VEN) - ToHe (toy figurine) is a traditional toy for children in Vietnam which is made from glutinous rice powder in form of edible figurine such as animals, flowers or characters in folk stories. In the past, ToHe was made and sold only on the occasion of festivals, especially Tet (lunar New Year holiday) and the Mid-autumn Festival which are the favorite festivals of Vietnamese children.

(VEN) - Although it is the world’s biggest exporter of cashews and a world-leading exporter of wood products, Vietnam has to import raw materials to process these products for export.

(VEN) - In 2018, following the guidelines of the Communist Party and the state, the Vietnam National Oil and Gas Group (PetroVietnam) took drastic action to fulfill its tasks and achieved successful production and business results. Below are the five most outstanding achievements gained by PetroVietnam last year.

(VEN) - Most people have heard about Pho and spring rolls, but there is so much more to Vietnamese cuisine. From the ubiquitous street food to upscale French gastronomy and spicy Indian, there is something for everyone’s palate and pocket. For the lazy or busy, there is also a thriving food home delivery industry.

(VEN) - Every year, craft villages in the Mekong Delta get busy several months prior to the Lunar New Year (Tet) making specialized products to serve consumer needs on this major holiday.

(VEN) - Vietnam Economic News’ Linh Hang & Lan Dung spoke with Minister of Industry and Trade Tran Tuan Anh.

(VEN) - With 24 million consumers and an annual foreign trade value of more than US$600 billion, Australia offers an array of opportunities for Vietnamese goods.

(VEN) - In 2018, the Vietnamese economy achieved significant results in terms of renovation, growth, investment and international integration. Vietnam Economic News lists the year’s top 10 economic developments. 

(VEN) - Vietnam’s banking sector provided the market with stable money supply in 2018 and strictly controlled credit growth to ensure macroeconomic stability. While credit growth was lower than the target set for 2018, it was more effective and of better quality.

(VEN) - Vietnam’s exports of wood and timber products reached a record high of about US$8.85 billion in 2018, with the United States its biggest market, emboldening the forestry sector to target exports of US$10.5 billion in 2019.

(VEN) - Activities designed to strengthen supply-demand connections between Hanoi and various provinces have contributed to stabilizing the market, establishing domestic supply chains, promoting sales and boosting socioeconomic development.

(VEN) - In recent years, Vietnam has welcomed many foreign food retailers, reflecting the country’s rapid economic growth, improved living standards and a growing interest in food safety shifting consumers from traditional wet markets to modern supermarkets.

(VEN) - European Commission inspectors will visit Vietnam in April rather than in January, as planned, to conduct a final check before the bloc decides whether to lift the yellow card with which it issued Vietnam for illegal fishing.

(VEN) - No holiday anywhere is complete without its typical, traditional foods and Tet is no exception. The Tet food has a dual purpose – for the enjoyment of family and guests gatherings and for offerings in ancestor and spirit worship.

(VEN) - Enterprises need to change their business administration methods, apply software programs, and create added value based on quality if they are to catch up with the fourth industrial revolution, leading Vietnamese experts say.

(VEN) - Thanks to the application of modern technologies in production and investment in machinery and equipment, farmers in the south have enjoyed greater economic benefits.