Minister of Industry and Trade Nguyen Hong Dien on March 31 held talks with Liu Ning, Secretary of the Party Committee of China's Guangxi Zhuang Autonomous Region, and co-chaired a conference on Vietnam - China (Guangxi) trade and economic cooperation in the new era. A conference on Vietnam - China (Guangxi) trade and economic cooperation in the new...

Prime Minister Pham Minh Chinh on March 31 asked the Commercial Bank for Foreign Trade of Vietnam (Vietcombank) to carry forward its leading role among credit institutions while addressing a meeting celebrating the 60th anniversary of the State-owned lender in Hanoi on March 31. Prime Minister Pham Minh Chinh speaks at the meeting. (Photo: VNA) Pointing to the...

Vietnam is one of the most potential markets in the Asia-Pacific region for shoppertainment - a trend that combines online shopping with entertainment, according to a report named “Shoppertainment: APAC’s Trillion-Dollar Opportunity” by the US-based Boston Consulting Group (BCG) and TikTok. Illustrative image (Source: baodautu.vn) The report shows that the shoppertainment opportunity in the region is projected to...

The import-export revenue of agro-forestry-fisheries products in the first quarter of this year was estimated at 20.63 billion USD, down 11.2% year on year, according to the Ministry of Agriculture and Rural Development (MARD). Sorting Tra fish fillet products at Navico company's factory. (Photo: VNA) Of the total, export value reached about 11.19 billion USD, down 14.4%. Imports were...

Deputy Prime Minister Tran Hong Ha had a meeting with the verification council for the draft planning on national petrol, oil, and gas storage and supply infrastructure for 2021 - 2030, with a vision to 2050, in Hanoi on March 30. Deputy PM Tran Hong Ha speaks at the meeting on March 30. (Photo: VNA) Stressing the importance to...

Foreign investors’ continuous investment in Vietnam has shown their optimistic about the country’s economic outlook, despite the difficult situation of the global banking sector. Illustrative image (Photo: congthuong.vn) Recently, VPBank announced that it has entered into an agreement with Japan’s Sumitomo Mitsui Banking Corporation (SMBC) - a subsidiary of Sumitomo Mitsui Financial Group, Inc (SMFG) - to issue...

Vietnam would need 312.6 trillion VND (13.3 billion USD) to develop the seaports system by 2030, according to the Ministry of Transport. Lach Huyen port in Hai Phong city (Photo: VNA) Specifically, 78% of the capital would be reserved for developing ports and the rest for public maritime infrastructure. By 2024, the focus would be placed on upgrading...

Trung Nguyen Legend Corporation, part of the well-known Vietnamese coffee maker Trung Nguyen Group, officially opened its representative office in Gangnam district, the Republic of Korea (RoK)’s Seoul capital on March 28. Trung Nguyen e-coffee store (Photo: Trung Nguyen Legend) Speaking at the event, Vietnamese Ambassador to the RoK Nguyen Vu Tung said the opening of Trung Nguyen...

MoMo, Vietnam’s leading super app, has been named among the Top 10 Global Platforms by TABInsights, the research arm of The Asian Banker magazine. MoMo is the only Vietnamese representative in the list of Top 10 Global Platforms 2023. (Photo courtesy of MoMo) MoMo also won the award for “Best Platform for Financial Services in Vietnam” at the...

Deputy Prime Minister Tran Luu Quang has signed a dispatch on the cancellation of World Bank (WB) loans due to the unusability, and the re-allocation and use of the cancelled International Development Association (IDA) loans in the 2022 - 2023 fiscal year. Illustrative image (Photo: VNA) The dispatch noted the WB’s IDA loans, with preferential borrowing conditions and...