As soon as Tet holiday finished, the investors and construction contractors have started the construction of key transport infrastructure projects with excitement, the goal is to complete the project on time or sooner. In 2023, the province will continue to carry out 12 key transport infrastructure projects including renovating and upgrading national highway 4B from km 3+700 to km...

Vietnam lured 1.69 billion USD worth of foreign investment in the first month of 2023, down 19.8% year-on-year, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment. Illustrative image (Photo: VNA) One bright spot in January was that 153 new foreign-invested projects, valued at 1.2 billion USD, were granted licenses, up 48.5% in...

With the trend of green consumption, the demand for wood pallets will continue to rise in the future, experts said. Illustrative image. (Photo: nongnghiep.vn) According to Nguyen Thanh Phong, chairman of Phu Tai Bioenergy JSC in the south central province of Binh Dinh, Vietnam currently has more than 80 companies specialising in the production and export of wood...

The State Bank of Vietnam has issued new regulations on cases of purchasing, sending, and bringing foreign currencies abroad for sponsorship and assistance purposes of organisations. Illustrative image (Photo: VNA) According to Circular 20/2022/TT-NHNN, those cases include purchasing, sending, and bringing foreign currencies abroad for sponsorship and assistance purposes under commitments and agreements between the State, Government, and...

The 15 free trade agreements (FTAs) to which Vietnam is a member are expected to give a boost to Vietnam’s export activities this year, towards the growth target of 6%. Illustrative image (Source: VNA) Phuc Sinh JSC, based in Ho Chi Minh City, has exported 50 containers of coffee, pepper, cashew nut and other products to Europe, the US...

The consumption habits of Vietnamese people are changing after the COVID-19 pandemic, with many using second-hand products to save money and promote sustainability. Illustrative image (Photo: VNA) In fact, this habit has been developed among Vietnamese people for many years with many markets selling second-hand products in big cities such as Hanoi, Hai Phong and HCM City. Second-hand clothing...

Lianhe Zaobao newspaper in Hong Kong (China) has run an article analysing Vietnam’s advantages that make the country the third pillar of the "golden triangle of startups" in Southeast Asia, together with Indonesia and Singapore. A garment factory in Binh Duong province (Source: VNA) The article cited the speech by Vietnamese Minister of Plan and Investment Nguyen Chi...

Prime Minister Pham Minh Chinh had a meeting with ministries, sectors, and Mekong Delta localities in Can Tho city on January 30 to look into the progress of some transport projects. PM Pham Minh Chinh speaks at the working session in Can Tho city on January 30. (Photo: VNA) The working session followed his fact-finding tour of some key...

A number of herbs and spices imported by the European Union (EU) from Vietnam will face fewer checks when entering the bloc. Vietnamese chili pepper exhibited at the 11th edition of the World Chili Pepper Trade Fair in the city of Rieti, central Italy, last year. (Photo: VNA) The Vietnam Trade Office in Belgium and the EU said...

Despite decreases in both imports and exports, the country still enjoyed a trade surplus of 3.6 billion USD in the first month of 2023, according to the General Statistics Office (GSO). In January, Vietnam's total import-export turnover reached 46.56 billion USD. (Photo: VNA) The office reported that in the month, total import-export turnover reached 46.56 billion USD, down...