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Friday,  09/20/2024
Agro-forestry-aquatic products post trade surplus of 4.63 billion USD in H1
Agro-forestry-aquatic products post trade surplus of 4.63 billion USD in H1
Vietnam’s agro-forestry-aquatic product exports raked in 24.59 billion USD in the first six months of 2023, down 11.1% year on year while the country's imports reached 19.96 billion USD, resulting in a trade surplus of 4.63 billion USD, according to the Ministry of Agriculture and Rural Development (MARD). Vietnamese durian has been officially exported to China. (Photo: VNA)...
VinFast to launch EV exhibitions across Vietnam
VinFast to launch EV exhibitions across Vietnam
VinFast, the subsidiary automaker of Vietnamese conglomerate Vingoup will give the public a look at its new lineup of electric cars (EVs) at an exhibition running from July 7 to September 20. A series of VinFast EVs to be displayed at the show. (Photo courtesy of the company) A series of consecutive events will take place in 11...
Vietnamese fruits conquering US market
Vietnamese fruits conquering US market
The first batch of fresh lychee has arrived in the US, opening up big opportunities for the specialty and other Vietnamese fruits to conquer the demanding market. There is ample room for Vietnamese fruits in the US market. (Photo: nhandan.com) Thanks to coordination between importer LNS International Corporation and the distributor L&V Food Supply Company in Houston, Texas,...
Hanoi inaugurates overpass at Chua Boc-Pham Ngoc Thach crossroads
Hanoi inaugurates overpass at Chua Boc-Pham Ngoc Thach crossroads
The People’s Committee of Hanoi on June 30 inaugurated a C-shaped flyover connecting Chua Boc and Pham Ngoc Thach streets. Delegates cut the ribbon to inaugurate the flyover (Photo: VNA) The flyover is expected to help reduce long-lasting congestions at the Chua Boc-Pham Ngoc Thach-Ton That Tung-Dong Tac intersection. The flyover has two lanes for cars and motorbikes (Photo:...
Trade surplus reaches 12.25 billion USD in H1
Trade surplus reaches 12.25 billion USD in H1
Vietnam recorded a trade surplus of about 12.25 billion USD in the first half of this year, according to data released by the General Statistics Office of Vietnam (GSO) on June 29. Unloading containers at Cat Lai Port, Ho Chi Minh City. (Photo: VNA) In the period, the total import-export turnover of goods hit 316.65 billion USD, an...
50 businesses honoured for sustainable development
50 businesses honoured for sustainable development
Dairy company Vinamilk, Bosch Vietnam – a supplier of technology and services and tech giant FPT are among winners of the 2023 Top 50 Corporate Sustainability Awards (CSA 2023). With 18 categories, the award aims to promote the trend of sustainable development. (Photo: VNA) A ceremony was held by Nhip Cau Dau Tu (Investment Bridge) magazine in coordination...
Vietnam’s GDP grows by 3.72% in year's first half
Vietnam’s GDP grows by 3.72% in year's first half
Vietnam’s gross domestic product (GDP) grew about 3.72% year on year in the first half of this year, according to the General Statistics Office (GSO). Illustrative photo (Photo: VNA) The expansion is only higher than the 1.74% recorded in the first half of 2020 during the 2011 - 2023 period, the GSO told a press conference on March...
Banking sector focuses on credit institution restructuring associated with bad debt settlement
Banking sector focuses on credit institution restructuring associated with bad debt settlement
The banking sector should take more drastic measures to restructure credit institutions in association with the settlement of bad debts to contribute to curbing inflation and stabilising macro-economic factors, according to insiders. Workers at Rhythm Precision Vietnam company (Photo: qdnd.vn) Data from the State Bank of Vietnam (SBV) show that as of June 15, the credit outstanding balance of...
FDI flows into Vietnam forecast to increase in H2: Experts
FDI flows into Vietnam forecast to increase in H2: Experts
The flows of foreign direct investment (FDI) into Vietnam are forecast to increase in the second half of the year as the downturn has been improved in recent months, experts have said. The total FDI that Vietnam has attracted in the first six months of this year has reached 13.43 billion USD. (Photo: VNA) Only a few days...
Six-month ODA disbursement rate in localities remains low
Six-month ODA disbursement rate in localities remains low
The disbursement of public investment funded by official development assistance (ODA) in localities in the first six months of this year has reached only 7.6% of the year’s target, according to the Ministry of Finance (MoF). Illustrative photo (Photo: VNA) Speaking at a conference in Hanoi on June 28, Truong Hung Long, Director of the Department of Debt...