Over the past time, following the direction of the province, Bank for Agriculture and Rural Development of Vietnam Lang Son branch (Agribank Lang Son) has implemented many solutions to support and remove difficulties for customers affected by the COVID-19 pandemic. Thereby, the bank contributed to the people and businesses in the province to restore production and business after the...

Vietnam reached more than 14 billion USD in foreign direct investment (FDI) in the first six months of 2022, announced the Ministry of Planning and Investment (MPI). Illustrative image (Photo: VNA) The ministry’s data showed that as of June 20, 2022, the total newly registered capital, adjusted and contributed capital to buy shares, buy contributed capital of foreign...

Vietnam posted 27.88 billion USD worth of agro-forestry-fishery exports in the first half of this year, an annual increase of 13.9%. Illustrative photo (Source: VNA) According to the Ministry of Agriculture and Rural Development, of the total value, the groups of key farm produce and forestry products contributed 11.37 billion USD and 9.1 billion USD, both growing by 8.8%...

While many exporters and producers had orders for 2022, they are worried about a possible shortage of production materials because of supply disruptions from China. Tan Phu Plastic Company produces safe products to serve the local market. The "Zero COVID" policy of China means many Vietnamese producers lack input materials. (Photo courtesy of the firm) The worst sufferers were...

Corio Generation of Macquarie Group (Australia) proposed researching an offshore wind power plant project with a capacity of about 1,000MW at the total investment of between 2-3 billion USD in the northern port city of Hai Phong. Corio Generation's leader Guillermo Martinez-Navas signs an agreement with FECON for a proposed 500 MW offshore windfarm in Ba Ria -...

The Vietnam Maritime Administration (VMA) has sent a report to the Ministry of Transport (MoT), assessing the possible impact of reduced fees on Vietnamese maritime firms amid mounting fuel prices. The Lach Huyen International Port in Hai Phong city. The MoT has asked VMA to consider reducing maritime fees to help firms cover higher fuel costs. (Photo: VNA) The...

OnPoint, an e-commerce enabler in Vietnam has successfully raised 50 million USD in a series B fund-raising round from SeaTown Private Capital Master Fund managed by SeaTown Holdings International, an indirect wholly-owned subsidiary of Singapore’s Temasek Holdings. Vietnamese e-commerce enabler OnPoint has closed 50 million USD in series B funding from SeaTown Private Capital Master Fund.(Photo: VNA) This...

The new-age carrier Vietjet has officially announced its seven new routes connecting the central coastal city of Da Nang with Singapore, the Republic of Korea (RoK), and India at the recent Da Nang Investment Forum 2022. Vietjet and Da Nang exchange their MoU and annouce the opening of the seven new international routes under the witness of Prime Minister...

Vietnam has recorded impressive growth in exports to Hungary in recent years, statistics showed. Workers process pineapple for export at the factory of the An Giang Agriculture and Food Import - Export Company. (Photo: VNA) Exports from Vietnam to Hungary increased eight-fold to 1 billion USD in 2020 from 124.2 million USD in 2016. The figure stood at...

A programme to introduce Vietnamese goods and foods in the UK is underway at Longdan Supermarket in Crawley town, about 45km south of London. Vietnamese products introduced at the event (Photo: VNA) The week-long event, which started on June 26, is hosted by the Vietnam Trade Office under the Vietnamese Embassy in the UK in collaboration with the...