Vietnam’s 70 sweet potato cultivation areas and 13 packaging facilities have been licenced to export to China, reported the Ministry of Agriculture and Rural Development (MARD)’s Plant Protection Department. Illustrative image. (Photo: VNA) General director of the department Hoang Trung said, on November 9, 2022, the MARD and the General Administration of Customs China (GACC) signed a protocol on...

More than 1,300 businesses from 21 countries and territories are participating in the Vietnam Textile & Garment Industry Expo (Saigontex) 2023, the leading exhibition of the industry in Southeast Asia, which opened in Ho Chi Minh City on April 5. Saigontex 2023 takes place in four days (Photo: VNA) Saigontex 2023 has the largest scale since 1991, with nearly...

The 32nd Vietnam International Exhibition (Vietnam Expo) opened in Hanoi on April 5, bringing together more than 500 domestic and foreign enterprises from 16 countries and territories, with 600 booths. A booth at the exhibition (Photo: VNA) The booths introduce national brands, exports, electronics, machines, and other products in the fields of digital technology, e-commerce and food industry,...

At a paper factory (Photo: tapchicongthuong.vn) The paper industry needs to switch from production of normal packaging since supply exceeds demand and invest in other items such as high-quality packaging paper, which is still mostly imported, according to the Vietnam Paper and Pulp Association. Dang Van Son, the association vice president and general secretary, said the paper industry had...

Credit ratings agency Fitch Ratings has affirmed Vietnam Electricity Northern Power Corporation's (EVNNPC) long-term foreign-currency issuer default rating at 'BB' with a positive outlook. Illustrative image (Source: tapchitaichinh.vn) The rating reflects EVNNPC's 'bb' Standalone Credit Profile (SCP), which is assessed at the same level as that on the parent, Vietnam Electricity (EVN, BB/Positive), especially in the context of...

The Ministry of Finance has proposed corporate income tax rate on small and micro-sized enterprises be lowered than the common rate in an effort to support them to overcome the difficult time and promote their development. The Ministry of Finance has proposed corporate income tax rate on small and micro – sized enterprises to be lowered than the...

Small-and medium-sized enterprises (SMEs) in supporting industries can benefit from multinational groups’ China plus-one strategies that include Vietnam, wrote Filippo Bortoletti, Country Director of the Dezan Shira & Associates Vietnam. Illustrative image (Photo: laodong.vn) In his recent article published on Vietnam Briefing, Bortoletti said in the past 15 years, Vietnam has seen lots of changes, from the manufacturing...

Developers of social housing projects buyers of this kind of houses are entitled to benefit from a credit package worth 120 trillion VND (5.1 billion USD) which was started by the State Bank of Vietnam (SBV) earlier this month. The headquarters of the State Bank of Vietnam. (Photo: baocongthuong.vn) Under the package, the loan interest rates for them will...

The successful experience of the "New Village Movement" in the Republic of Korea (RoK) is being applied in some Vietnamese localities through the Haeng Bok (Happy) Programme funded by the Korea International Cooperation Agency (KOICA), Deputy Prime Minister Le Minh Khai has said. Deputy Prime Minister Le Minh Khai (R) receives Lee Sung-hee, Chairman of the National Agricultural...

Representatives of ministries and sectors highlighted measures to achieve the GDP growth target for 2023 at the Government’s regular press briefing on April 3. An overview of the press briefing. (Photo: VNA) Deputy Minister of Planning and Investment Tran Quoc Phuong said that amid difficulties in the global situation, in order to achieve a 6.5% GDP expansion this year,...