Following sustainable development will help Vietnamese pepper further enter the EU where more and more consumers ask for certificates that prove the products’s sustainability, an insider has said. Illustrative photo (Photo: congthuong.vn) Chairwomen of Vietnam Pepper Association Hoang Thi Lien said that under the EU-Vietnam Free Trade Agreement (EVFTA), taxes for pepper and spices will fall to 0%,...

Members of the Vietnam Automobile Manufacturers Association (VAMA) sold 24,687 vehicles in July, up 4% month-on-month, VAMA reported on August 14. Illustrative image (Photo: Internet) Meanwhile, the June figure was 23,800, up 15% from the previous month. Of the vehicles sold last month, there were 19,221 passenger cars, up 11%; 5,318 commercial vehicles, down 16%; and 148 special-use...

The bidding package on construction and equipment installation of Passenger Terminal T3 at Tan Son Nhat International Airport in Ho Chi Minh City will be implemented by a joint venture of six contractors, the Airports Corporation of Vietnam (ACV) has announced. Terminal T3 at Tan Son Nhat International Airport in Ho Chi Minh City is scheduled to be...

Vietnam’s economic growth is likely to rebound in 2024 and 2025, according to Dorsati Madani, Senior Economist at the World Bank (WB). Vietnam’s economic growth projected to rebound from 2024 - Illustrative image (Photo: baodautu.vn) Madani noted that Vietnam's major trading partners, including the US, Europe, and China, have all experienced negative impacts in recent times due to...

Export targets of some forestry and aquatic products have been lowered due to various difficulties regarding prices and markets. Export targets of key forestry and aquatic products lowered. (Photo: VNA) The Vietnam Cashew Association (Vinacas) has proposed curtailing cashew nut export turnover from 3.8 billion USD to 3.05 billion USD. The forestry sector has reduced its export target from...

The General Department of Taxation under the Ministry of Finance said it will work harder to better its tax management over foreign service providers to avert losses to the State budget. Illustrative image (Source: VNA) The agency will focus on removing obstacles, enabling foreign providers to fulfill their tax obligations in line with regulations, and continue efficiently collecting tax...

Yuri Stoyanov, Chairman of the Board of Directors of Russia’s Stilsoft Group, has suggested Vietnamese businesses cooperate with his firm in the field of earth observation satellites. Illustrative image (Photo: VNA) Stilsoft, a company based in Stavropol capital of Stavropol Krai, southern Russia, is specialised in developing solutions, manufacturing and installing security systems for structure and border protection, and...

The Ministry of Agriculture and Rural Development (MARD) is planning to coordinate with the State Bank of Vietnam in completing policies on preferential credit to support agricultural projects following value chains, applying high technologies and specialising in clean agriculture and production forest planting. Of the 12 green areas in Vietnam, credit balance in clean agriculture accounted for 32%. (Photo:...

Ports serve as crucial gateways for transporting goods and services worldwide, meeting the demands of international trade and facilitating commerce between nations. However, they are also significant contributors to environmental pollution. Tan Cang – Cai Mep International Terminal in the southern province of Ba Ria - Vung Tau was awarded the Green Port Award in 2020 (Photo: qdnd.vn) Therefore,...

Vietnam aims for a model of coastal eco-cities that are smart, climate-resilient, and sustainably developed, where urban planning for coastal areas will centre around people, said insiders. A view of Tan Cang Cat Lat port (Photo: VNA) According to planning and architecture experts, it is necessary to select and make a rational and balanced land allocation commensurate with...