Vietnam will continue to build a safe, transparent and highly competitive business and investment environment, enabling businesses and investors, including foreign ones to operate for a long term in the country, stated Prime Minister Pham Minh Chinh while chairing a conference with foreign direct investment (FDI) firms in Hanoi on October 16. Prime Minister Pham Minh Chinh addresses...

Despite unprecedented challenges, the Vietnam Oil and Gas Group (Petrovietnam) has made relentless efforts to achieve its set goals in the first nine months of this year. Thi Vai LNG Terminal is to be inaugurated in October 2023 (Photo: congthuong.vn) Petrovietnam remained determined not to lower the targets set at the beginning of this year, putting forth relentless...

Vietnam’s public debt accounted for 37.4% of the country’s gross domestic product (GDP) as of the end of 2022, while national external debt stood at about 36.1% of GDP, according to data released by the Ministry of Finance (MoF). Illustrative image (Source: VNA) According to the ministry’s Bulletin No.16 on Public Debt of Vietnam for the 2018-2022 period,...

Fruit and vegetable exports have hit a new record and forecast to bring home over 5.5 billion USD in 2023. Durian predicted to hit the export target of 1.5 billion USD this October. (Photo: VNA) Vietnam posted 4.2 billion USD in fruit and vegetable exports during the first nine months, surging nearly 72% year on year and breaking the...

The first phase a milk cow farm of Vietnam’s TH Group was inaugurated on October 13 in Volokolamsk district, Russia’s Moscow oblast. Representatives from authorities and TH Group at the inauguration of the first phase of TH Group's farm in Moscow oblast. (Photo: VNA) The farm with a scale of 6,000 milk cows is part of the TH Group's...

The Vietnamese Embassy in the Czech Republic has recently organised a programme to foster connectivity between Vietnamese and Czech businesses, and introduce Vietnamese products to local residents. Participants in a group photo. (Photo: VNA) Speaking at the event in Ústí nad Labem region on October 13, Ambassador Thai Xuan Dung stressed that since the EU-Vietnam Free Trade Agreement...

The Vietnam-Japan Association of Entrepreneurship (E-Future) held a startup summit in Tokyo, Japan, on October 14, aiming to introduce potential business opportunities for startups of both nations. Participants at the forum in a group photo. (Photo: VNA) The Vietnam Startup Summit in Japan 2023 saw the participation of Japan’s big investment funds like RainMaking and WASEN Holdings, GMO...

Deputy Prime Minister Tran Luu Quang has signed a decision approving a development strategy of rural occupations until 2030, with a vision to 2045. The strategy’s general goal is to promote the potential of rural areas, and improve production and business efficiency. (Photo: nongnghiep.vn) The strategy’s general goal is to promote the potential of rural areas, improve production...

Vietnam is working hard to have its stock market upgraded from frontier status to an emerging market by 2025. Illustrative image (Photo: baodautu.vn) Vu Thi Chan Phuong, Chairwoman of the State Securities Commission of Vietnam (SSC), said that upgrading the status of the stock market is one of the major targets of the Government. The country hopes to obtain...

The last sections of My Thuan 2 Bridge, connecting the Mekong Delta provinces of Tien Giang and Vinh Long, were joined in the presence of Prime Minister Pham Minh Chinh on October 14. PM Pham Minh Chinh (front, centre) and officials at the ceremony marking the joining of the last sections of My Thuan 2 Bridge on October...