The Ministry of Industry and Trade (MoIT) will take measures to promote economic, trade and investment cooperation between Vietnam and five Central Asian countries (C5) of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. Headquarters of the Ministry of Industry and Trade in Hanoi. (Photo: VNA) According to the ministry, those countries have good traditional friendship relations with Vietnam and...

Vietjet Air has signed a memorandum of understanding (MoU) with Airbus for the purchase of 20 A330-900 wide-bodies, the leading aircraft manufacturer of Europe announced on February 22. Vietjet's and Airbus’s Executives agree on the deal to buy 20 Airbus A330neo at Singapore Airshow 2024 (Photo: Vietjet) When finalised, this will be Vietjet’s first-ever wide-body order. The aircraft...

Vietnam’s aquatic product exports in January surged 60.8% year-on-year to 730 million USD, making a positive signal for the year, according to the Ministry of Industry and Trade’s Agency of Foreign Trade. Vietnam’s aquatic product exports in January surge 60.8% year-on-year to 730 million USD. (Photo: VNA) Aquatic product shipments have showed signs of recovery since the end...

The General Directorate of Imports (DGI) under Ministry of Trade of Türkiye has issued a notice extending the application of self-defence tax on toothbrushes, including those from Vietnam, imported into the country from February 3, 2024, to February 2, 2027, according to the Vietnamese Ministry of Industry and Trade’s Trade Remedies Authority. Illustrative image (Photo: congthuong.vn) Vietnam is...

Vietnamese electric vehicle (EV) maker VinFast said on February 21 that it will break ground for its integrated electric vehicle (EV) manufacturing site in Thoothukudi city, India’s Tamil Nadu state, on February 25. VinFast electric vehicle manufacturing complex in Hai Phong city. (Photo: VNA) This move represents a significant step towards a strategic partnership between VinFast and Tamil Nadu,...

The Vietnam Railways Corporation (VNR) on February 21 started the first international freight transport train in the Year of the Dragon from Song Than station in Di An city in the southern province of Binh Duong to Zhengzhou in China's Henan province. The Song Than station is the largest of its kind in the southern region. (Photo: VNA) The...

Vietnam is poised to see the sharpest spike in wealth growth over the next decade as the country cements its status as a global manufacturing hub, US business news website cnbc.com quoted a report from New World Wealth – a wealth intelligence firm based in South Africa and Henley&Partners – a global leader in residence and citizenship by investment...

BSI - the UK's leading international certification organisation - has just certified ISO 14064-1:2018 standard on greenhouse gas inventory for steel products of Hoa Phat Dung Quat Steel Joint Stock Company. Vietnamese steel product (Photo: VNA) ISO 14064-1 is an environmental technical standard, implemented in accordance with the Government’s Decree 06/2022 on mitigating greenhouse gas emissions. It is used...

President Vo Van Thuong on February 20 signed a decision approving the extension of the disbursement deadline of a project on basic infrastructure for comprehensive development of four central provinces of Nghe An, Ha Tinh, Quang Binh and Quang Tri, using loans from the Asian Development Bank (ADB). Nghe An province's Vinh city (Photo: VNA) Under the decision, Agreement...

The UK’s magazine The Banker has run an article highlighting optimistic opinions of experts on Vietnam’s economic outlook in 2024. Loading containers at Cai Mep port in Ba Ria-Vung Tau province (Photo: VNA) Vietnam saw gross domestic product growth of 5.1% in 2023, which is forecast to rise 6–6.5% in 2024, making Vietnam one of the strongest growth...