Japan is the partner that has signed the most bilateral and multilateral free trade agreements (FTAs) with Vietnam which open up many opportunities for stronger trade cooperation between the two nations, according to Tran Quang Huy, Director of the Ministry of Industry and Trade's Asia-Africa Market Department. A lychee processing line for export to Japan (Photo: VNA) Trade...

Exports, in addition to consumption and investment, play a crucial role in propelling Vietnam's economy beyond challenges, aiming to swiftly revive it. Businesses propose that the Vietnamese government and relevant ministries continue to collaborate with them in exploring new partnerships, markets, and customers through the implementation of trade promotion programmes and the signing of free trade agreements and...

The Ministry of Finance has issued a new circular which aims to improve stock market transparency in Vietnam. Headquarters of The Ministry of Finance (MoF). (Photo: MoF) Circular 69/2023/TT-BTC, amending and supplementing several articles of Circular 57/2021/TT-BTC issued on July 12, 2021, will come into effect on December 30, 2023. It provides guidelines for the reorganisation of the...

Clams are one of main aquatic products of Vietnam. This is also a popular product in many markets such as the Europe, US, Japan, Malaysia and Australia, among others. In recent years, many localities and businesses have made strong investments in sustainable production in order to achieve international certifications, creating a foundation for Vietnamese clam exports to expand. Clams...

The Vietnam Maritime Corporation (VIMC) recently signed a contract with the global research and strategic consulting firm Roland Berger to develop itself until 2030 with a vision to 2035. At Quy Nhon port (Photo: VNA) According to the contract, Roland Berger will design solutions to carry out a strategy on VIMC's business operations, with a specific focus on...

The Vietnam-Eurasia Trade Forum themed “Adapt to the Market Context, Unleash Potential” was held in Hanoi on November 24. Speakers at the Vietnam-Eurasia Trade Forum (Photo: VNA) In his opening remarks, Ta Hoang Linh, Director of the European-American Market Department under the Ministry of Industry and Trade (MoIT), said that Eurasia was previously a traditional market of Vietnam and...

Production, export, real estate, and private investment are among the factors which are expected to drive the national economic growth next year. Standard Chartered Bank maintains robust 2024 GDP growth forecast of 6.7%. (Photo: baodutu.vn) Production and export are strongly recovering thanks to increasing orders, Dinh Quang Hinh, head of the Macro and Market Strategy Department of VNDirect...

Vietnam spent a total of 4.27 billion USD importing animal feed and raw materials in the first 10 months of this year, down 5.2% year-on-year, according to the Vietnam Customs. Vietnam spends 4.27 billion USD importing animal feed and raw materials in the first 10 months of this year (Photo: congthuong.vn) In October alone, the import value reached 451.5...

Participants at a conference in Hanoi on November 23 were provided with updates on commitments to sanitary and phytosanitary (SPS) regulations in free trade agreements between Vietnam and member countries of the Regional Comprehensive Economic Partnership (RCEP). Observing sanitary, phytosanitary regulations is crucial to agricultural exports. (Photo: VNA) The event was jointly held by the Vietnam Sanitary and...

On October 30, 2023, the Ministry of Industry and Trade issued Directive No. 13/CT-BCT on implementing solutions to balance supply and demand and stabilize the market at the end of 2023 and the Lunar New Year of the Dragon in 2024. Accordingly, the Provincial People's Committee directed the Department of Industry and Trade to review and evaluate the market...