Vietnamese fruits have been introduced at the Fruit Logistica, the world largest fruit and vegetable exhibition in the world, that is underway in Berlin from February 8-10. Vietnamese Ambassador to Germany Vu Quang Minh (second, left) and Ludwig Graf Westarp (second, right), Director of Skaro company who represents the BVMW take a photo with Vietnamese durian, a loved...

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which took effect in early 2019, has enabled several types of Vietnamese goods to rush into Canada. Illustrative image (Photo: Internet) CPTPP is a new-generation free trade agreement (FTA) comprising 11 member states, including Vietnam and Canada. It is also the first FTA to help Vietnam navigate the American...

Another Aeon Mall, covering an area of over 8 hectares, will be built in Dai Kim and Thinh Liet wards of Hanoi's Hoang Mai district. Illustrative image. (Photo: aeonmall-vietnam.com) Under the detailed planning scheme for the project, which has been approved by the municipal People’s Committee, the mall’s parking lot will be able to accommodate 4,000 vehicles. The...

The Vietnamese aviation market is forecast to fully recover by the end of this year, according to a global outlook for the aviation industry released by the International Air Transport Association (IATA) recently. Illustrative image (Source: VNA) According to the association, Vietnam saw a full recovery and recorded strong growth in the domestic aviation market last year, while...

Vietravel Airlines has proposed the Government considering a roadmap to increase its investment capital from 1,300 billion VND (55 million USD) to 7,642 billion VND (roughly 323.67 million USD) by 2025, The Saigon Times reported on February 8. A Vietravel Airlines aircraft. (Photo courtesy of Vietravel Airlines) After more than two years of operation, Vietravel Airlines has three Airbus...

Vietnamese fresh fruits under code HS 081090, including tamarind, jackfruit, lychee, plum, passion fruit and starfruit, have earned a lion’s share in the Australian market. Vietnam is also the sole country providing fresh lychee to Australia in 2022 (Photo: VNA) According to the International Trade Centre (ITC), in the first 11 months of 2022, Australia imported 8.2 million USD...

Investment management firm VinaCapital said it expects Vietnam’s economy and stock market to “normalise” this year after the COVID-19 pandemic. Illustrative image (Source: VNA) In an economist’s note titled “Looking ahead at 2023”, Chief Economist Michael Kokalari said the economy is returning to its long-term growth trajectory now that the post-COVID re-opening boom has finished. He said Vietnam’s...

Vietnam’s total State budget collection in January is estimated at 183.7 trillion VND (7.78 billion USD), equal to 11.3% of the yearly estimate and down 0.5% year-on-year, announced the Ministry of Finance on February 7. Import-export activities contribute about 28 trillion VND to the State budget in January (Photo: VNA) Specifically, the domestic revenue is estimated at 160.4...

VinFast on February 7 announced U.S. Bank (listed as USB on New York Stock Exchange) has been chosen as its preferred provider of retail financing and leasing of VinFast vehicles in the US. The U.S. Bank will provide financing and leasing solutions for VinFast vehicles at VinFast showrooms and via the VinFast website. (Photo: VinFast) The announcement comes...

The bracket of average electricity retail prices has been increased to 1,826.22 VND (0.078 USD) per kWh for the floor price and 2,444.09 VND (0.1 USD) for the ceiling price, according to the Prime Minister’s Decision No 02/2023/QĐ-TTg dated on February 3. Workers of Vietnam Electricity check the transmission system. The bracket of average electricity retail prices has been...