Vietnam's European Plastics Joint Stock Company (EuP) has inaugurated a factory specialising in producing filler masterbatch in Sadat city, Menoufaya province of Egypt, marking the first factory of a Vietnamese enterprise in the Middle East country. Hossam Heiba, President of Egypt’s General Authority of Free Zones & Investment, visits EuP Egypt Factory. (Photo: VNA)   The EuP Egypt...

Information related to research and survey in the field of agriculture, especially production, and trade of agricultural machinery, was shared and discussed at an online seminar on mechanisation in agricultural production in Vietnam, on January 15. Illustrative image (Photo: VNA) Jointly held in Hanoi by the Institute of Agricultural Engineering and Post-harvest Technology (IAEPT) under the Ministry of Agriculture...

Vietnamese firms exporting to Europe and North America’s East Coast are being affected by Red Sea route changes, according to the Shinhan Securities Vietnam (SSV). Loading and unloading container goods at a seaport in Vietnam. (Photo: VNA) As per the company, listed seafood and textile companies will experience minimal impact, with their transport costs accounting for less than...

The Central Institute for Economic Management (CIEM) and the German Agency for International Cooperation (GIZ) on January 15 jointly held a workshop on Vietnam's economic situation in 2023 and prospects in 2024. Illustrative photo (Photo: VNA) Launching a report titled “Vietnam's economy in 2023 and prospects for 2024: Reforms to accelerate growth recovery” at the event, CIEM experts...

The Vietnamese economy is likely to expand by 6-6.5% in the base scenario, with even recovery recorded in all sectors of agriculture, industry, construction and services, Dr. Can Van Luc, a member of the National Financial-Monetary Policy Advisory Council, has predicted. Illustrative image (Source: VNA) The economist held that the country's economic recovery seen in late 2023 will motivate...

Thirty-two enterprises in various areas including building materials, consumer goods, garment and textile, food and services received the Ho Chi Minh City Golden Brand Award from the municipal People’s Committee on January 14 for the outstanding achievements they have carved out to develop brands for products and services. The HCM City Golden Brand Award is presented to businesses with...

Vietnam had attracted 39,140 foreign direct investment (FDI) projects with total registered capital of over 468.91 billion USD by the end of 2023, reported the Foreign Investment Agency under the Ministry of Planning and Investment (MPI). Illustrative photo (Photo: VNA) Ho Chi Minh City topped the list of localities nationwide in FDI attraction with 12,398 projects and registered...

Many international financial institutions have expressed their optimism about Vietnam’s GDP growth, and shared the view that it would reach at least 6% this year. Many international financial institutions share the view that it would reach at least 6% this year. (Photo: VNA) Standard Chartered Bank expected Vietnam to have a robust GDP growth of 6.7% in 2024 (6.2%...

Despite its availability in over 150 countries, Vietnam's shrimp industry is grappling with fierce competition from global counterparts, prompting the proactive application of technology and strategic planning as the sector is making endeavors to carve out its unique path forward. Illustrative image (Photo: VNA) A representative from the Vietnam Association of Seafood Exporters and Producers (VASEP) revealed that Ecuador...

2023 marked a significant milestone for the forestry sector as Vietnam successfully sold 10.3 million forest carbon credits (10.3 million tonnes of CO2) for the first time through the World Bank (WB) for 51.5 million USD, said Deputy Minister of Agriculture and Rural Development Nguyen Quoc Tri. Vietnam successfully sells 10.3 million forest carbon credits (10.3 million tonnes of...