Trade – Investment

Chairman of the Hanoi People’s Committee Tran Sy Thanh has just signed a plan to complete the targets of the Resolution of the 17th Hanoi Party Congress.

Vietnam is the second largest supplier of canned tuna for the US market, accounting for 16% of the country’s total import volume, after Thailand.

The Ministry of Transport has proposed the Prime Minister that the State-owned Airports Corporation of Vietnam (ACV) be in charge of drawing up plans for the next phase of the Long Thanh International Airport project.

Sustainable development has become an inevitable trend so enterprises need to build and disclose information about the issue to increase their value and optimise the benefits of sustainable business, experts said.

Vietnam has transformed itself to emerge as a major global production hub capable of supplying a wide range of products at competitive prices and with improving quality, Deputy Minister of Industry and Trade Phan Thi Thang said at the Export Forum on Connecting International Supply Chains in Ho Chi Minh City on June 6.

The fifth mango festival will be organized on June 8 and 9 in Yen Chau district, in the northern mountainous province of Lai Chau.

Seafood export turnover reached 3.6 billion USD in the first 5 months of 2024, up 6.5% over the same period in 2023, according to the Vietnam Association of Seafood Exporters and Producers.

Vietnam shipped 1.44 million tonnes of rice to the Philippines between January 1 and May 23, accounting for 72.9% of the latter’s total rice imports and making Vietnam the largest rice exporter to the island state, according to the Vietnam Trade Office in the Philippines.

(CPV) - Vietnam's durian exports to China increased by 655% and even those to Thailand increased by 82% over the same period last year.

The Canada - Vietnam Chamber of Commerce recently held a conference in Montreal city to introduce medical researches and the medical technology companies planning to access the Vietnamese market.

Prime Minister Pham Minh Chinh attended the signing ceremony of a credit contract worth 1.8 billion USD for the component project 3 of the Long Thanh international airport investment and construction project's Phase I invested by the Airports Corporation of Vietnam (ACV) in Hanoi on June 1.

The State Bank of Vietnam (SBV) has demanded credit institutions to deliver a system-wide credit growth target of 5-6% by the end of the second quarter this year, and reduce lending rates by 1-2%.

(CPV) - From 2022, because there are no longer poor districts or particularly difficult communes, the northern province of Ninh Binh is no longer on the list of localities that benefit from the central budget in the national target program on sustainable poverty reduction.

(CPV) - In the context of the international trade market being more competitive than ever, the development of e-commerce has opened up new opportunities for export businesses.

(CPV) - Hanoi’s foreign investment capital (FDI) attraction in the first five months of the year ranks second nationwide, reaching nearly 1,120 billion USD and accounting for 10.3% of total registered investment capital, down 39% from the same period last year, according to the Foreign Investment Agency.

Vietnam's coffee export value to Spain have increased by more than 100%, according to the Agency of Foreign Trade under the Ministry of Industry and Trade.

Although Vietnam’s rubber market share in the US remains modest, the potential for the export of the product to the North American country is huge, according to the Agency of Foreign Trade (AFT) under the Ministry of Industry and Trade.

Two tonnes of fresh Vietnamese lychees, meeting GlobalGAP standards, arrived at Charles de Gaulle airport in Paris on May 28, marking the first shipment of this year's crop.

The Cau Mau People’s Committee has approved a plan to develop the province’s shrimp industry in the 2021-2030 period, with a vision to 2050, said the Department of Agriculture and Rural Development on May 27.

Vietnam’s total investment capital abroad reached 136.07 million USD from the beginning of the year to May 20, equivalent to to 43% over the same period, according to the General Statistics of Office (GSO).

Vietnam's industrial production has shown signs of recovery and positive growth despite ongoing challenges, the Ministry of Industry and Trade has assessed.

As of mid-May, Vietnam had spent US$725.6 million on importing vegetables and fruits, mainly from China and the United States, according to the General Department of Customs.

A delegation from the Petrovietnam Exploration Production Corporation (PVEP), led by Chairman of the PVEP Members Council Tran Quoc Viet, on May 24 held a working session with their colleagues of Russia's Zarubezhneft JSC in Russia to discuss potential cooperation areas.

(CPV) - The formation of the carbon credit market will help Vietnam achieve its net zero emissions goal by 2050. At the same time, Vietnamese businesses will also have many new opportunities from this hundred billion USD market.

Vietnam’s shrimp exports to the EU market reached 38 million USD in April 2024, up 28% over the same period.

The Vietnam Festival will take place at Yoyogi Park, Tokyo, on June 1-2 to enhance mutual understanding and strengthen bonds between the two peoples.

Indonesia hopes for further cooperation with the Mekong Delta city of Can Tho in rice exports and technology in the agricultural sector to increase rice supply in the Southeast Asian region, Indonesian Minister of Agriculture Andi Amran Sulaiman told Secretary of the municipal Party Committee Nguyen Van Hieu in Can Tho on May 20.

A forum has been held in Sydney to promote connecting and building partnerships between Vietnamese businesses and Australia's property developers and construction companies.

Hanoi is calling for investment in six urban areas projects in Dong Anh district worth a total of 34 trillion VND (1.3 billion USD).

The Mekong Delta city of Can Tho on June 18 exported two tonnes of green-peel elephant mango (Mangifera Indica) to Australia and the US.