Agro-forestry-fishery exports reeled in about 38.48 billion USD in the first nine months, of which 22.1% came from China - Vietnam’s biggest market of the products. Proccessing shrimps in a plant (Photo: VNA) According to the Ministry of Agriculture and Rural Development, the export value to China grew 13.8% year-on-year, while that to other traditional markets like the US...

The attraction of large foreign direct investment (FDI) inflows from the US and Europe, especially into industries with high added value such as manufacturing, technology and pharmaceuticals, is a positive signal about Vietnam’s economic development and international cooperation as well as the country's efforts in improving its position on the global value chain, according to Savills Vietnam experts. Production...

Vietnam has been listed among the 34 countries where German businesses will receive better investment guarantees from the Government of Germany when they invest there. Vietnam is one of the 34 countries where German investors will receive better investment guarantees from the Government of Germany. (Photo: VNA) The move by the German Government aims to ensure that its country’s...

Vietnamese food and beverages are being displayed at the Selangor International Expo which is underway in Kuala Lumpur, Malaysia. A representative of the Vietnam Trade Office in Malaysia introduces cashew products to visitors (Photo: VNA) The expo is held withing the framework of Selangor International Business Summit (SIBS) 2023 taking place from October 19-20. According to Le Phu Cuong,...

From 2022 until now, after the COVID-19 pandemic is controlled, the whole country in general and Lang Son province in particular has focused on developing the digital economy. In the context of increasingly fierce competition among brands, the Department of Industry and Trade has directed the Center for Industrial and Trade Promotion to innovate core trade promotion programs which...

More efforts are needed to lower logistics costs, which are still kept at a high level, to increase the economy’s competitiveness, according to insiders. Lowering logistics costs is essential to increase competitiveness (Photo: VNA) Deputy Minister of Planning and Investment Tran Duy Dong said that in recent years, Vietnam has actively improved logistics infrastructure and related mechanisms and...

Vietnamese companies joined about 1,200 companies and organisations from 14 countries and territories at the 28th Macao International Trade and Investment Fair (MIF) that is running in Macao (China) from October 19-22. People at the opening ceremony of the the 28th Macao International Trade and Investment Fair (MIF). This is the first trade and promotion event held in...

A conference has been held in Edmonton city in Canada’s Alberta province to discuss the role of Vietnam as a gateway for Canada to enter Southeast Asia during the implementation of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). An overview of the conference (Photo: VNA) Participants assessed the level of awareness and utilisation of the CPTPP...

Vietnam should closely monitor inflation which has been on the rise in recent time, according to the World Bank (WB). Vietnam's inflation is on a sharp upward trend due to higher prices of food and footstuffs as well as housing and construction materials. (Photo: VNA) In its “Vietnam Macro Monitoring” report in September, the WB said the consumer...

The Ministry of Finance (MoF) has proposed extending the environmental tax reduction on fuel products until the end of 2024. A fuel station in Hanoi, Vietnam (Photo: VNA) According to the ministry, it has started a process to collect opinions and feedback on the extension, which is to be submitted to the National Assembly for final approval. The tax...