Vietnam ranks second in green bond issuance in the Association of Southeast Asian Nations (ASEAN), according to the ASEAN Sustainable Finance – State of the Market 2021 report recently released by Climate Bonds Initiatives (CBI) and HSBC. Illustrative image (Source: VNA) According to the report, the sustainable debt market in ASEAN’s six largest economies of Singapore, Thailand, Indonesia, Malaysia,...

The ownership of all 100 cashew nut containers related to a suspected scam in Italy has returned to Vietnamese businesses, according to the Vietnamese Trade Office in the European country. Illustrative image (Source: VNA) The containers, belonging to six Vietnamese exporters, were sold under contracts with a group of five importers in Italy. As the containers had been already...

The Ministry of Industry and Trade (MoIT) has put forward a proposal to increase the country's fuel reserve by as much as four times, said Le Viet Nga, Deputy Director of the MoIT’s Domestic Market Department, during a conference last week in Hanoi. The Dung Quat Oil Refinery in the central province of Quang Ngai. (Photo: VNA) Currently,...

The Mekong Delta region is expected to develop agricultural centres in association with specialised farming zones and urban areas. Rice is harvested in the Mekong Delta's Vinh Long province. (Photo: VNA) The plans were laid out in Politburo Resolution No. 13 on developing the region until 2030. Prime Minister Pham Minh Chinh on June 18 signed a Resolution to...

The car body component plant of THACO Industries, a member of Truong Hai Group, is planning to export more than 25,000 sets of KIA Carnival boots to Malaysia between 2022 and 2026. Inside the car body component plant of THACO Industries. (Source: VNA) Recently, it exported more than 700 similar sets to this market, marking a stride in the...

Vietnamese goods are benefitting from better quality, diverse designs and competitive prices to establish their place on the domestic and global markets. A face mask production workshop in Vietnam (Photo: VNA) Textile and garment makers are among those succeeding in conquering the domestic market. Firms such as Garment 10, Viettien, Duc Giang, Nha Be, Hoa Tho, Hanosimex and TNG...

The timber industries of Vietnam and Malaysia have signed a Memorandum of Cooperation (MoC) to further develop timber trade in both countries. Ilustrative image (Photo: VNA) The signatories were the Timber Exporters’ Association of Malaysia (TEAM), the Malaysian Furniture Council (MFC), the Vietnam Timber and Forest Product Association (ViForest), the Binh Duong Furniture Association (BIFA), the Handicraft and...

Insiders are pinning high hopes on a faster growth rate of the dairy farming industry in the coming years given that both domestic and major foreign markets are witnessing growing demand for milk products. Production of yogurt at a dairy cow farming cooperative in Tam Dao, Vinh Phuc. (Photo: VNA) Vietnam is now home to over 28,000 dairy...

The domestic shopping demand is forecast to recover and gradually increase as Vietnam has recorded a relatively high vaccine coverage which helps ensure safety for consumers in shopping activities. Ilustrative image (Photo: VNA) According to the Ministry of Industry and Trade, the resumption of tourism will stimulate the demand for shopping and consumption, while the outlook for domestic consumption...

There is no safeguard measure imposed by the Philippines on the importation of Linear Low-Density Polyethylene (LLDPE) Pellets and Granules from various countries, including Vietnam, the Vietnamese Ministry of Industry and Trade (MoIT) has announced. Illustration. (Photo: thoibaotaichinhvietnam.vn) It was owing to concerted efforts by the MoIT and concerned units to gather evidence and construct arguments against complaints from...