Two-way trade between Vietnam and Australia enjoyed a record year-on-year growth of 26.91% to 15.7 billion USD in 2022, according to the Vietnam Trade Office in Australia. Data from the Vietnam Trade Office in Australia shows that many key exports of Vietnam continue to post high growth amid various challenges. (Photo: vneconomy.vn) Vietnam’s export turnover to Australia last...

The confidence of European enterprises in Vietnam’s economy declined for a second quarter but the S-shaped country still remains in the top five global investment destinations for their companies, the latest Business Climate Index (BCI) published by the European Chamber of Commerce in Vietnam (EuroCham) showed last week. Motorbike production line of Piaggio Vietnam's factory in Binh Xuyen...

Vietnam’s aviation industry is forecast to have a busy year ahead as China reopens its borders which had been shut down since the start of the COVID-19 pandemic. Illustrative image (Photo: VNA) Domestic airlines are re-operating regular routes to/from China and planning to increase the frequency and open new routes. A representative from Vietnam Airlines said that the...

The export turnover of wood and wood products is expected to set a record high of 18 billion USD in 2023, with wood pellets and woodchips forecast to enter the one-billion USD club. Export turnover of wood and wood products forecast to set record high of 18 billion USD in 2023 (Photo: VNA) President of the Vietnam Timber &...

Thanks to the campaign to encourage Vietnamese people to prioritise Vietnamese products, which has been carried out for years, and the stable quality of the products, made-in-Vietnam commodities have drawn increasing attention of consumers. Shoppers at Big C Thang Long supermarket (Source: qdnd.vn) With the Lunar New Year (Tet) is just around the corner, domestic supermarkets such as Mega...

The Vietnamese retail sector has recovered to the pre-COVID-19 level, with 53.8% of total retailers reporting similar or better business outcomes, according to Vietnam Report JSC. Shoppers at a supermarket (Photo: VNA) In its recently released survey, Vietnam Report said that after the pandemic is controlled, the Vietnamese retail market saw the speeding up of the application of...

The Vietnamese railway sector should identify major pillars to grow further in 2023, Deputy Minister of Transport Nguyen Danh Huy said at a recent conference held by Vietnam Railways (VNR). The pillars of the rail industry include infrastructure, transportation and mechanical technology. (Photo: VNA) The pillars of the rail industry include infrastructure, transportation and mechanical technology, he stressed,...

Miss Linh, an e-commerce platform of Viet Nam Food Europe BV operating in the Dutch market, has presented Vietnamese eco-friendly products at Horecava 2023 in Amsterdam, the Netherlands. Vietnamese Ambassador to the Netherlands Pham Viet Anh (the fifth from the left, second row) takes group photo with Miss Linh's representatives. (Photo: VNA) At the event, which was held from...

Vietnam exported nearly 7.2 million tonnes of rice worth 3.49 billion USD last year, including many shipments navigating demanding markets such as Japan and the European Union (EU). Vietnam exported nearly 7.2 million tonnes of rice worth 3.49 billion USD last year. (Photo: VNA) Minister of Agriculture and Rural Development Le Minh Hoan said the sales signaled that Vietnamese...

Nikkei Asia, a news service in Japan, ran an article on January 6 saying that Vietnam's offshore wind power sparks an influx of foreign investment. Vietnam's offshore wind power sparks an influx of foreign investment.(Photo: VNA) It noted that Japanese and European companies are making major moves into offshore wind power in Vietnam to take advantage of the developing...