Vietnam’s export-import value in the first four months of this year was estimated at 210.79 billion USD, down 13.6% year-on-year, with a trade surplus of 6.35 billion USD, the General Statistics Office (GSO) reported. Illustrative image (Source: VNA) In April alone, the import-export turnover stood at 53.57 billion USD, representing decreases of 7.7% from the previous month, and...

The Government has proposed the National Assembly (NA) to consider a 2% reduction in the value-added tax (VAT) on goods and services subject to a 10% VAT during its coming meeting stated to start on May 22. Illustrative photo. (Photo: Internet) The Ministry of Finance and Ministry of Justice were asked to complete the proposed draft resolution. Last...

Vietjet Aviation Joint Stock Company (HoSE: VJC) has recorded positive performance in Q1/2023, resulting from stable domestic flight operation and expansion of international network. Vietjet has set major targets as the aviation and tourism industries are expected to grow strongly in 2023. (Photo: vietjetair.com) According to the Q1/2023 financial statements, Vietjet’s air transport revenue reached 12.88 trillion VND (approx....

Currently, the banking sector in the province is making strong strides in digital transformation with many new and modern services to meet the increasing demands of customers in the industry 4.0. Thereby, the sector helps customers and businesses to access convenient services and smart transactions. As one of the leading banks in digital transformation, over time, Joint Stock Commercial...

According to the statistics of the Management Board of Dong Dang - Lang Son Economic Zone, during the 5 days of the Death Anniversary of the Hùng Kings, April 30 and May 1 holiday, there were nearly 4,200 trucks carrying import and export goods throughborder gates of Lang Son province. Of which, there are 2,195 export trucks and more...

The coffee industry of Vietnam is working to increase the value of raw coffee exports as low added value still makes up the majority of the product that is shipped overseas. Illustrative image (Source: VNA) Vietnam is home to more than 710,000ha of coffee plants, generating 2.8 tonnes of beans per ha and over 1.84 million tonnes in...

Vietnam will focus on developing its private sector to turn it into an important driving force for the socialist-oriented market economy, contributing to rapid and sustainable socio-economic development and improving the economy's self-reliance. Vietnam strives to have about 1.5 million enterprises by 2025, including 60,000 to 70,000 medium- and large-sized enterprises (Photo: VNA) This is the main goal of...

In the past time, there have been many policies to support the collective economy and agricultural cooperatives to develop. However, besides the advantages, there are still many bottlenecks causing difficulties in the operation of cooperatives. Xuyen Viet Seafood Production and Trade Cooperative (Hai Duong) brings many benefits, attracting many members to participate. (Photo: Le Viet) To overcome the difficulties,...

Experiencing 48 years since the national reunification, especially since the Doi Moi was kicked off in 1986, Vietnam has witnessed big strides with the important contributions from foreign investment, one of the key drivers of national development, while the government pledges to create the best conditions for investors to perform in the country. Over the past 48 years, FDI...

Prime Minister Pham Minh Chinh inspected the construction progress of the north-south expressway section that traverses Thanh Hoa Province on May 1. PM Pham Minh Chinh inspects the construction site of the north-south expressway in Thanh Hoa Province. The section has a total length of 98.8 kilometres, of which the 49 kilometres from the Mai Son Interchange to the...