The green economy and sustainable development are inescapable global trends, and businesses need to embrace them to meet the increasing demands in the domestic market and mounting pressure from foreign markets, heard the recent “Green Trade Forum” in Ho Chi Minh City. Representatives of associations, businesses, and experts at the event held in HCM City on June 14 (Photo:...

Vietnam shipped abroad 692,259 tonnes of fertilisers in the first five months of this year for more than 289 million USD, down 8.9% in volume and 42.2% in value over the same period in 2022, reported the General Department of Vietnam Customs. Illustrative image (Source: diendandoanhnghiep.vn) In May alone, the export volume reached 154,995 tonnes of all kinds,...

Prime Minister Pham Minh Chinh and President of the Republic of Korea (RoK) Yoon Suk Yeol attended the Vietnam-RoK Business Forum in Hanoi on June 23, with over 500 delegates representing associations, corporations and businesses of the two countries taking part. Prime Minister Pham Minh Chinh and RoK President Yoon Suk Yeol at Vietnam-RoK Business Forum (Photo: VNA)...

Automechanika Ho Chi Minh City – a leading regional trade fair for automotive services - kicked off on June 23 in Ho Chi Minh City with the participation of over 460 exhibitors from 20 countries and territories. Representatives from agencies at the opening ceremony of the Automechanika Ho Chi Minh City. (Photo: VNA) This year, the annual fifth edition...

After many market fluctuations in the first quarter of 2023, Vietnam’s exports of vegetables and fruits saw positive moves in the second quarter.' Illustrative photo (Photo: vneconomy.vn) According to statistics of the General Department of Vietnam Customs, Vietnam's fruit and vegetable export turnover reached more than 1 billion USD in June 2023, raising the figure in the first half...

A recent article posted on portfolio-adviser.com, a news website based in the UK, has pointed out the frequent hope that Vietnam will be upgraded from its frontier-market status to the emerging market status. Workers at a microchip laboratory in the Saigon Hi-Tech Park in Ho Chi Minh City (Photo: VNA) Many years of consistently high GDP growth have...

The total volume of cargo transported through seaports in the first five months of 2023 reached 296.1 million tonnes, a slight drop of 3% compared to the same period last year, reported the Vietnam Maritime Administration. Goods loading at Cai Mep-Thi Vai port (Photo: VNA) Of the total, the volume of exports was over 71.7 million tonnes, down...

The preparation and completion of additional documentation for land-related administrative procedures remain burdensome for businesses, especially in "sub-procedures", according to the 2022 Administrative Procedure Compliance Cost Index (APCI 2022) report. Illustrative image (Photo: laodong.vn) The report was conducted by the Prime Minister’s Advisory Council on Administrative Procedure Reform, with support from the US Agency for International Development (USAID)...

The construction of Ring Road No.4 in the Hanoi Capital Region will begin on June 25 in four locations, the Prime Minister decided on June 22. Illustrative image (Photo: VNA) The locations will be in the outlying districts of Hoai Duc, Soc Son, Thanh Oai and Thuong Tin. The project shows the determination, cooperation and commitment of Hanoi, Bac...

A conference was held in Tokyo on June 21 to strengthen partnership among Vietnamese and Japanese businesses, drawing representatives from more than 100 firms of both sides. Vietnamese firms introduce their products at the conference (Photo: VNA) Addressing the event, Trade Councilor Ta Duc Minh highlighted that the two countries have become each other’s important trade partner, as their...