Amid global demand slump, cashew remains a silver lining of the overall cloud of export, heard a conference on cashew market outlook taking place in Ho Chi Minh City on July 26.' Illustrative image (Photo: VNA) Vietnam Cashew Association (VINACAS)’s Standing Vice President Bach Khanh Nhut said from the remaining months of 2023 until the first quarter of...

An e-commerce platform that would act as a national hub connecting all local platforms nationwide is being built. Rice put up for sale on An Giang province's local platform "San pham An Giang" (sanphamangiang.com). (Photo: VNA) The Vietnam E-Commerce and Digital Economy Agency (VEDA) under the Ministry of Industry and Trade (MoIT) is building the platform, named San Viet...

The benchmark VN-Index increased for the fourth consecutive trading session on July 26 to surpass 1,200 points, the highest in 10 months. The benchmark VN-Index increases for the fourth consecutive trading session on July 26 to surpass 1,200 points. (Photo: VNA) The previous time the index topped this level was on September 23, 2022, when it stood at...

The Vietnam Saigon Fabric & Garment Accessories and Industry Expo (SaigonFabric Summer 2023) opened in Ho Chi Minh City on July 26. Visitors to SaigonFabric Summer 2023 that opened in HCM City on July 26. (Photo: VNA) The three-day event attracts more than 300 suppliers from several countries and territories, including China, Germany, Pakistan, India, Thailand, and Vietnam....

A delegation of Dutch entrepreneurs is expected to come to Vietnam to seek partners and attend Vietnam International Sourcing 2023 which is slated to take place in Ho Chi Minh City from September 13 to 15, according to the Vietnamese Trade Office in the Netherlands. Representatives from businesses join trade promotion activities organised by Vietnamese Trade Office in the...

The Ministry of Industry and Trade (MoIT) recommended on July 25 that Vietnamese companies be cautious and thoroughly negotiate payment clauses when conducting transactions with foreign firms, following a suspected scam involving five batches of Vietnamese farm produce in Dubai. A port in the UAE (Photo: jasindologistics) It said that scams in the Middle East have increased recently,...

Plastics & Rubber Vietnam 2023, an international plastics & rubber technologies and materials exhibition, kicked off at the International Centre for Exhibition in Hanoi on July 25. Visitors to Plastics & Rubber Vietnam 2023 that opens in Hanoi on July 25 (Photo: VNA) The 10th event covers an exhibition space of 3,300 sq.m. and features more than 100...

The latest deposit interest rates at the four major banks have simultaneously decreased to the lowest level in one year. Transactions at Vietinbank (Source: VNA) At the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV), the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), the Joint Stock Commercial Bank for Industry and Trade...

The value of Vietnam's agro-forestry-fishery export to the European Union (EU) market reached 2.1 billion USD in the first half of this year, down 16.6% year-on-year, according to the Ministry of Agriculture and Rural Development. Workers pack fruits for exports (Photo: nhandan.vn) The decline was attributed to the energy crisis in Europe and the "fever" of food prices leading...

A section of the Ho Chi Minh expressway project, with a total investment cost of 2.3 trillion VND (some 96.7 million USD), is scheduled to restart this year. Work on the Chon Thanh - Duc Hoa section, a component project of the trans-Vietnam Ho Chi Minh Expressway Project, is scheduled to resume in 2023. (Illustrative Photo - Source: www.baogiaothong.vn)...