Sharing nearly 400km land border crossing seven northern localities of Vietnam, Vietnam and China has great advantages to promote partnership in economy, especially border economy, according to Minister of Industry and Trade Nguyen Hong Dien. An overview of the conference (Photo: MoIT) China has been the biggest trade partners of Vietnam for many years, with two-way trade accounting for...

After a period of stagnation caused by the COVID-19 pandemic, many farm produce of Vietnam have recorded speedy growth in export to China so far this year and the shipments are predicted to keep increasing in the time ahead. Lorries wait for customs clearance at a border gate in Lang Son province to carry farm produce exports to China....

The southernmost province of Ca Mau on December 10 kicked off its first-ever shrimp festival, which is hoped to help affirm Ca Mau shrimp brand and promote the local shrimp in particular and Vietnamese shrimp in general. The southernmost province of Ca Mau on December 10 kicks off its first-ever shrimp festival. (Photo: VNA) Ca Mau province earns...

The “Proud of Vietnamese Goods” programme 2023 was kicked off by the Ministry of Industry and Trade in Hanoi on December 9. Visitors at a booth of the “Proud of Vietnamese Goods” programme 2023 in Hanoi on Dec. 9 (Photo: VNA) Speaking at the ceremony, Deputy Minister of Industry and Trade Do Thang Hai said results of the “Vietnamese...

Digital transformation is now an important part of businesses in the 4.0 era and the banking sector is not an exception, according to experts. Illustrative image. (Photo: tapchitaichinh.vn) According to the State Bank of Vietnam (SBV), the banking sector has invested over 15 trillion VND (617.6 million USD) in digital transformation by the end of 2022. The country maintained...

Domestic firms should transform to adapt to the green and sustainable development requirements of the EU to further enter the supply chain in this market, heard a recent trade forum. An overview of the Vietnam-EU trade forum (Photo: VNA) After the pandemic and ongoing geopolitical instabilities accelerating the supply chain shift, many major partners in the world, including the...

With the pace of economic activities on the mend and inflation rates already easing below the target level, the State Bank of Vietnam (SBV) will maintain its refinancing rate at the current level of 4.5% to support economic recovery, the United Overseas Bank (UOB) said in a report. The State Bank of Vietnam (SBV) will maintain its refinancing rate...

Vietnam’s shrimp exports in the first 11 months of 2023 are estimated at 3.15 billion USD, a decrease of 22% year on year, the Vietnam Association of Seafood Exporters and Producers (VASEP) has reported. Shrimp exports are forecast to reach 3.4 billion USD in 2023 (Photo: VNA) The turnover of country’s export of the product topped 310 million...

The Vietnam Trade Office in India arranged a pavilion to introduce Vietnam's textile and garment products at Intex South Asia, an international textile sourcing show opened in New Delhi on December 7. At the Vietnamese pavilion at Intex South Asia. (Photo: VNA) During the three-day event, Vietnamese businesses, including Viindi Global, a young startup, are showcasing a number of...

The Vietnam Vegetable and Fruit Association (VINAFRUIT) estimated that Vietnam’s fruit and vegetable exports will top 5.5 - 5.6 billion USD, which is a new record, in 2023. Harvesting durians in the Central Highlands province of Dak Lak. (Photo: VNA) In November, exports reached nearly 375.48 million USD, marking a reduction of 38.4% compared to the previous month but...