Vietnamese companies have increased investment to seize bird’s nest export opportunities to China in the coming time, insiders said. Processing bird's nest at Khanh Hoa Salanganes Nest Company (Photo: VNA) The first batch of bird’s nest products was exported to China last week following a protocol signed in November of 2022 between the Vietnamese Ministry of Agriculture and...

The Vietnam Oil and Gas Group (PetroVietnam) has major plans to deliver on its pioneering vision in the field of offshore renewable energy, contributing to promoting green and sustainable development in Vietnam in the future. PetroVietnam has major plans to deliver on its pioneering vision in the field of offshore renewable energy.(Photo: petrotimes.vn) PetroVietnam is the leading business in...

The target of 700 billion USD in import-export revenue for this year is a tough one amid current difficulties in the global market, said insiders. In the first 10 months of this year, Vietnam’s import-export revenue reach 558 billion USD, down 9.6% year on year (Photo: VNA) According to the Ministry of Industry and Trade (MoIT), in the...

The Government has issued a resolution regarding the extension of the pilot use of telecom payment accounts for small-value goods and services until December 31, 2024. Mobile Money service (Photo: VNA) Accordingly, the State Bank of Vietnam was assigned to partner with the Ministry of Information and Communications, the Ministry of Public Security, the Ministry of Justice, and relevant...

An event was held in the Central Highlands province of Dak Lak on November 20 to review a project on promoting sustainable production and trade of Vietnamese pepper. At the project area in Cu M'Gar district (Photo: VNA) The event was co-hosted by the Sustainable Trade Initiative (IDH), the European Union (EU) Delegation to Vietnam, the Ministry of...

Amidst fierce competition with road and air transport, the railway sector has worked on improving its service quality in recent times to bring new experiences to passengers, and achieved excellent results. Illustrative image (Photo: sggp.org.vn) Robust business results The Hanoi Railway Transport Joint Stock Company (Haraco) reported a profit of over 97 billion VND (USD) during January –...

Vietnam’s vegetable export revenue is forecast to reach about 1-1.5 billion USD by 2030 under a project recently approved by the Ministry of Agriculture and Rural Development. Classifying carrots for export (Photo: VNA) The nationwide vegetable production is estimated at 23-24 million tonnes, with around 1-1.3 million tonnes designated for processing. Under the project, safe and concentrated vegetable...

The lack of initial public offerings (IPOs) from new market entrants makes it difficult for the securities market of Vietnam, which is dominated by banking stocks, to attract foreign capital. At Bao Viet Securities (Photo: VNA) The IPO market in Vietnam had been frozen during the past four years after the robust period of 2017-19, which saw IPOs of...

Tuna exports brought home 693 million USD during the first 10 months of 2023, falling 22% year on year and ranking third among aquatic products, reported the Vietnam Association of Seafood Exporters and Producers (VASEP). Tuna ranked third among aquatic products in terms of export value during the first 10 months of 2023. (Photo: VNA) During the period,...

After the latest power price hike announced by Vietnam Electricity (EVN), many businesses said they are seeking ways to adapt to the new situation. Workers of EVN's Dien Bien Phu City Electricity Company inspect power lines. (Photo: VNA) Unavoidable challenges Lu Nguyen Xuan Vu, General Director of Xuan Nguyen Group, said that his group operates in the field...