Vietnam ranked seventh among the top 10 emerging colocation markets globally with a market size expected to hit 1.5 billion USD by 2026, according to a recent report by KPMG published earlier this month. Illustrative image (Photo: baodautu.vn) Colocation is the practice of renting space for servers and other computing hardware at a third-party provider’s data centre facility. Meir...

The Ministry of Agriculture and Rural Development (MARD) has sent a working group to China’s Guangxi and Yunnan provinces to seek measures to promote the trading of agro-forestry-fisheries products between Vietnam and China, one of the major export markets of Vietnam, said Deputy Minister Tran Thanh Nam. Processing dragon fruits for export (Photo: VNA) According to Nam, the...

The Anti-Dumping Commission of Australia (ADC) has proposed not imposing anti-dumping duties on ammonium nitrate products originating from Lithuania and Vietnam, announced the Vietnamese Ministry of Industry and Trade’s Trade Remedies Authority. Illustrative image. (Photo: VNA) The proposal was made after the ADC concluded in its preliminary conclusion released on May 5 that ammonium nitrate products originating from Lithuania...

The formation of long-term cooperation frameworks such as Comprehensive economic partnership agreement (CEPA) between Vietnam and United Arab Emirates (UAE) will provide the necessary foundations for the two sides to promote future cooperation, a Vietnamese official has said. Minister of Industry and Trade Nguyen Hong Dien says Vietnam always considers the UAE as one of its leading economic...

Forbes Vietnam on June 5 unveiled the top 50 listed companies in 2023, the 11th year it has released this list in the country. Illustrative image (Source: Forbes Vietnam) The rankings are based on last year’s audited consolidated financial reports of the companies listed on the Ho Chi Minh Stock Exchange (HSX) and the Hanoi Stock Exchange (HNX)....

Although the aquaculture industry have been facing many challenges, it continues to receive support from the Government, Director in charge of communications of the Vietnam Association of Seafood Exporters and Producers (VASEP) Le Hang told Lao dong newspaper. Illustrative image (Photo: laodong.vn) According to Hang, the Prime Minister has demanded the State Bank of Vietnam effectively manage credit...

Vietnam spent 2.04 billion USD to import animal feed and raw materials for the production of this kind of commodity in the first five months of this year, according to the Ministry of Agriculture and Rural Development (MARD). Illustrative photo (Photo: Breeding Magazine) The figure marks a year-on-year decrease of 2%. Animal feed and raw materials from Argentina to...

The State Bank of Vietnam (SBV) just allowed the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) to raise its charter capital from 47 trillion VND (2 billion USD) to 55 trillion VND (2.3 billion USD) by issuing shares to pay dividends from the remaining profits of 2019 and 2020. Transactions at Vietcombank. (Photo courtesy of...

The Ministry of Finance has proposed reducing by 10% to 50% of fees and charges in the securities sector, fees for appraisal of licenses for international travel service business, and for issuance of citizen identification cards from July 1 to December 31, 2023. Illustrative image (Photo: vietnamnet.vn) The ministry recently drafted and collected opinions on a circular stipulating...

The Vietnamese Trade Office in Singapore is working to promote the export of Vietnamese fruits, particularly longan and lychee, to Singapore. Vietnamese lychee (Source: VNA) Accordingly, a series of activities, including the Vietnamese Goods Week programme, as well as business networking and lychee testing events, have taken place in the island nation. Further support from the office is...