Hanoi will need about 21 trillion VND (887.27 million USD at current exchange rate) in the coming years to replace all petrol- and diesel-powered public buses with electric alternatives, according to Vietnamnet e-newspaper. A Vinbus electric bus (Photo: VinGroup) The switch to electric buses will be part of goals and a roadmap for the implementation of an action...

Insurers should promote digital transformation rapidly as, compared to other financial industries, the insurance industry is considered to have slow digital transformation with limited economic efficiency. A customer looks at insurance products on a mobile device. The insurance revenue through digitised channels of the life insurance segment accounts for less than 5% of the total premium revenue of the...

Nearly 100 delegates representing Vietnamese and Italian organisations and businesses attended the Vietnam-Italy trade promotion forum in Rome on September 19. Vietnamese firms introduce their products on the sidelines of the forum. (Photo: VNA) Vietnamese Ambassador to Italy Duong Hai Hung highlighted the strong growth of the Vietnam-Italy strategic partnership in all fields, especially economy. He pointed to the...

The Malaysian National News Agency (Bernama) said in a recent article that a number of fruits grown in Vietnam have successfully entered high value and challenging markets. Packaging dragon fruit for export in Tien Giang province. (Photo: VNA) It noted apart from China - Vietnam’s largest importer for years, Vietnamese fruit and vegetables enjoyed strong growth in other major...

The Korea Trade and Investment Promotion Agency (KOTRA Hanoi) plans to organise a business-to-business (B2B) trade event on September 21 between enterprises from the Republic of Korea’s Incheon city and Vietnamese importers. Illustrative image. Businessmen from the Republic of Korea visit a stall displaying specialties of Long An province. (Photo: VNA) The event will draw the participation of...

The local banking sector, currently undergoing drastic restructuring, will have more opportunities to improve its financial capacity as well as learn modern business models and management from UK partners after the UK-Vietnam Free Trade Agreement (UKEVFTA) takes effect, according to banking insiders. Clients make transaction at a HSBC Vietnam transaction office in HCM City. (Photo courtersy of HSBC) UK...

From the beginning of 2022 up to now, Dinh Lap district has synchronously implemented solutions to improve the efficiency of tax collection and prevent loss of budget collection. Thereby, the district has made a breakthrough, becoming one of the districts and city with the most impressive budget collection results in the province. In 2022, the estimated budget collection in...

The first batch of six containers of Vietnamese durian from the Central Highlands province of Dak Lak that have passed stringent safety guidelines began its journey to China on September 17. Durians are gathered to export to China. (Photo:VNA) Five producers sent 100 tonnes of the fruit in total for the first shipment. The shipment comes following the...

A Vietnamese Goods Week entitled “Taste of Vietnam” is taking place at Big C supermarket chain in Bangkok, Thailand until September 28. Vietnamese Ambassador to Thailand Phan Chi Thanh visits a Vietnamese stall at the event. (Photo: VNA) The event, which kicked off on September 15, is jointly organised by the Vietnamese Embassy in Thailand and Berli Junker...

The US Department of Commerce (DOC) has decided to maintain the anti-dumping duties applicable to pangasius imported from Vietnam which were set in the previous review, in the final conclusion of its 18th administrative review (POR18) for the period from August 1, 2020 to July 31, 2021. Pangasius processing for export. (Photo: VNA) The Vietnamese Ministry of Industry and...