EU investment in Vietnam: Untapped potential

EU investment in Vietnam: Untapped potential

(VEN) - Dedicated implementation of the EU-Vietnam Free Trade Agreement (EVFTA) will provide Vietnam with many opportunities to attract foreign direct investment (FDI) from European firms.
PM Jacinda Ardern leads New Zealand trade delegation to renew connection with Vietnam

PM Jacinda Ardern leads New Zealand trade delegation to renew connection with Vietnam

(VEN) - New Zealand Prime Minister Jacinda Ardern is leading a trade delegation to Vietnam from November 14-17 to showcase New Zealand products and services, renew connections and identify new trade opportunities.
Surge in trade with New Zealand

Surge in trade with New Zealand

(VEN) - Vietnam's export value to New Zealand currently accounts for only 1.7 percent of that market's total import value, offering opportunities for increased Vietnamese sales.
Exports to EU require greater initiative

Exports to EU require greater initiative

(VEN) - More than two years after the EU-Vietnam Free Trade Agreement (EVFTA) took effect in August 2020, Vietnam’s exports to the EU have increased considerably. To promote sustainable exports to this large but highly demanding consumer market, Vietnamese businesses should be more proactive in grasping opportunities presented by the trade deal.
Vietnam, Cambodia create new impetus for relations

Vietnam, Cambodia create new impetus for relations

(VEN) - Prime Minister Pham Minh Chinh recently led a high-ranking Vietnamese delegation to visit the Kingdom of Cambodia. The visit is expected to create new impetus for comprehensive bilateral cooperation.
Pacific Rim deal boosts exports

Pacific Rim deal boosts exports

(VEN) - Vietnam's exports to markets of the Pacific Rim trade deal have increased rapidly since the agreement took effect on January 14, 2019.
ASEAN strives for greater solidarity

ASEAN strives for greater solidarity

(VEN) - Leaders from the 10-member Association of Southeast Asian Nations (ASEAN) held their first in-person summit in two years, meeting in Cambodia from November 10 to 13 along with their partners from China, Russia and the United States to discuss enhanced solidarity and the bloc’s central role.
Vietnam, Malaysia target trade growth

Vietnam, Malaysia target trade growth

(VEN) - The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will take effect for Malaysia on November 29, 2022. This significant event is expected to increase its bilateral trade with Vietnam.
EU trade deal boosts logistics industry

EU trade deal boosts logistics industry

(VEN) - The EU-Vietnam Free Trade Agreement (EVFTA) not only promotes Vietnam's exports to European member countries but also helps increase the demand for logistics services.
China, others eye CPTPP membership

China, others eye CPTPP membership

(VEN) - The UK, China, Chinese Taipei and other economies have applied formally to join the Pacific Rim trade deal, which represents a free trade area worth about US$11 trillion in aggregate gross domestic product (GDP).
Room remains to amplify Vietnam-Germany cooperation: diplomat

Room remains to amplify Vietnam-Germany cooperation: diplomat

Potential for cooperation between Vietnam and Germany remains huge with new opportunities, as Germany is currently an economic locomotive of the European Union (EU), and also Vietnam’s largest trading partner in the region, according to Ambassador Vuu Quang Minh.
ASEAN ministers seek joint response to challenges

ASEAN ministers seek joint response to challenges

(VEN) - Economic Ministers of the Association of Southeast Asian Nations (ASEAN) noted the strong rebound of trade and investment within the bloc as they met in Cambodia in mid-September for their 54th annual meeting. Minister of Industry and Trade Nguyen Hong Dien led the Vietnamese delegation to the meeting, themed “addressing challenges together”.
Taking advantage of Pacific Rim trade deal

Taking advantage of Pacific Rim trade deal

(VEN) - Vietnamese businesses have been gradually adapting to the Pacific Rim trade treaty since it took effect in Vietnam on January 14, 2019. However, the potential of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has not been fully tapped.
Standardizing production to boost exports to EU

Standardizing production to boost exports to EU

(VEN) - Vietnam has signed 15 free trade agreements (FTAs) and is negotiating two additional ones. These trade deals, especially the EU-Vietnam Free Trade Agreement (EVFTA), have greatly helped Vietnam’s import-export activities. 
US President Biden supports strong development of ties with Vietnam

US President Biden supports strong development of ties with Vietnam

NEW YORK — Standing Deputy Prime Minister Pham Binh Minh attended a banquet hosted by US President Joe Biden and met senior foreign officials on September 22 (US time), within the framework of the 77th session of the UN General Assembly (UNGA 77) in New York.
EU deal benefits Vietnamese exports

EU deal benefits Vietnamese exports

(VEN) - “Vietnamese companies are making rather good use of tariff cuts under the EU-Vietnam Free Trade Agreement (EVFTA),” affirmed Tran Thanh Hai, Deputy Director of the Agency of Foreign Trade under the Ministry of Industry and Trade in a talk with Vietnam Economic News’ Quynh Nga.
How does UK benefit from sales to Vietnam?

How does UK benefit from sales to Vietnam?

(VEN) - The UK-Vietnam Free Trade Agreement (UKVFTA), which took official effect in May 2021, not only lays the foundation for increased bilateral trade and investment but also facilitates the access of Vietnamese and UK companies to each other’s markets.
Vietnam draws Japanese investors

Vietnam draws Japanese investors

(VEN) - The percentage of Japanese enterprises expanding their business in Vietnam is the most significant in Asia in general, and in Southeast Asia in particular, highlighting the attractiveness of the Vietnamese market.
Pacific Rim trade holds great promise

Pacific Rim trade holds great promise

(VEN) - According to Vo Hong Anh, Director of the Ministry of Industry and Trade’s European-American Market Department, since the Pacific Rim trade deal went into effect in Vietnam in January 2019, the country's exports to its 11 member states have experienced a tremendous growth. However, there is still plenty of room for businesses to exploit these markets.
Vietnamese farm products make EU market inroads

Vietnamese farm products make EU market inroads

(VEN) - Vietnamese agricultural products are opening doors in the European Union (EU) market amid post-pandemic recovery, bolstered by the EU-Vietnam Free Trade Agreement (EVFTA).
Surge in Vietnam

Surge in Vietnam's exports to Europe

(VEN) -  The EU-Vietnam Free Trade Agreement (EVFTA), which took effect on August 1, 2020, has given an impetus to Vietnam’s exports, according to the Ministry of Industry and Trade.
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Asian investors increasingly keen on Vietnam

Asian investors increasingly keen on Vietnam

(VEN) - Vietnam is considered a promising destination for investment from Asia, as evidenced by the increasing operations of multinational corporations.
Bac Kan produce takes off

Bac Kan produce takes off

(VEN) - Efficient trade promotion has helped agricultural and unique products of the northern province of Bac Kan reach foreign markets, including the Czech Republic and Japan, among others.
Stock market violations to face stricter sanctions

Stock market violations to face stricter sanctions

The State Securities Commission (SSC) will review the Law on Securities and related decrees to complete the legal framework, and strengthen sanctions for violations to protect the legitimate rights and interests of investors.
Let’s go fly a kite

Let’s go fly a kite

(VEN) - The annual kite flying festival of Ba Duong Noi Village in Hanoi’s suburban district of Dan Phuong is held on the 15th day of the third lunar month.
Vietnamese noodles clear EU safety hurdle

Vietnamese noodles clear EU safety hurdle

(VEN) - All of Vietnam’s instant noodle exports to Europe in the second half of 2022 have been found free of banned chemical residues, paving the way for eased inspection regimes of these popular products shipped to European markets.
ha long bay cu chi tunnels among ten adventurous tourism places in southeast asia

Ha Long Bay, Cu Chi Tunnels among ten adventurous tourism places in Southeast Asia

The travel magazine The Travel has listed Ha Long Bay in the northern coastal province of Quang Ninh and Cu Chi Tunnels in Ho Chi Minh City among the ten must-visit epic and adventurous places in Southeast Asia.
vietnam italy trade partnership

Vietnam-Italy trade partnership

Two-way trade turnover between Vietnam and Italy has doubled since 2010. Vietnam is Italy’s largest trading partner in ASEAN, while Italy is Vietnam’s fourth largest trading partner in the EU.
renowned vietnamese artists collaborate on unique porcelain artworks

Renowned Vietnamese artists collaborate on unique porcelain artworks

Titled "Hoa Trên Hoa Kết Tinh" (Flowers on Crystallised Flowers), the exhibition will showcase 13 crystallised porcelain items created by Lê Ngọc Thạch, a famed artisan from Bát Tràng, and painted by the internationally-acclaimed overseas Vietnamese artist Hồng Đức Thanh.
vietnamese culture and silk are topics of event dedicated to women

Vietnamese culture and silk are topics of event dedicated to women

More than 100 female diplomats, representatives of international organisations in Hà Nội, and spouses of foreign ambassadors in Việt Nam gathered at the event.
the first vietnamese bread festival

The first Vietnamese bread festival

(VEN) - The first Vietnamese bread or “banh mi” festival will take place in Ho Chi Minh City from March 30 to April 2.
New legal documents in first half of March 2023

New legal documents in first half of March 2023

VEN lists the latest legal documents issued by the Vietnamese Government, ministries and state agencies.
Animal feed industry asks for import tax reduction on raw materials

Animal feed industry asks for import tax reduction on raw materials

The Government has received a proposal from the Vietnam Feed Association to eliminate the import tax on soybean meal, currently set at 2%.
Over 250 petitions submitted to authorities on fragility of petroleum regulations

Over 250 petitions submitted to authorities on fragility of petroleum regulations

The petitions concern the alteration of petroleum business restrictions in decrees No.83/2014/ND-CP and No.95/2021/NQ-CP, resulting in losses for retail establishments.
New legal documents in second half of February 2023

New legal documents in second half of February 2023

VEN lists the latest legal documents issued by the Vietnamese Government, ministries and state agencies.
Bac Kan produce takes off

Bac Kan produce takes off

(VEN) - Efficient trade promotion has helped agricultural and unique products of the northern province of Bac Kan reach foreign markets, including the Czech Republic and Japan, among others.
Bac Giang develops rural industrial exports

Bac Giang develops rural industrial exports

(VEN) - The northern province of Bac Giang has become an industrial development center in recent years, with industry making a growing contribution to the provincial gross regional domestic product (GRDP). However, many rural industrial establishments in Bac Giang remain small-scaled and lack investment capital, equipment, machinery and technology, limiting production capacity, product quality, competitiveness, and domestic and foreign market expansion.
Ocean dialogue dicusses offshore renewable energy potential

Ocean dialogue dicusses offshore renewable energy potential

Offshore renewable energy was the centre of discussion at the 10th Ocean Dialogue in the central province of Khanh Hoa on March 23.
Vietnam Manufacturing Expo & NEPCON Vietnam exhibition 2023 kick off

Vietnam Manufacturing Expo & NEPCON Vietnam exhibition 2023 kick off

Reed Tradex Vietnam, the ASEAN's leading exhibition organizer announced the kick-start of Vietnam Manufacturing Expo (VME) & NEPCON Vietnam exhibition 2023.
Asian investors increasingly keen on Vietnam

Asian investors increasingly keen on Vietnam

(VEN) - Vietnam is considered a promising destination for investment from Asia, as evidenced by the increasing operations of multinational corporations.
India introduces pharmaceutical industry

India introduces pharmaceutical industry' opportunities to potential Vietnamese investors

Invest India, the National Investment Promotion & Facilitation Agency, had networking hybrid meet in Ho Chi Minh City, introducing investment opportunities in Indian pharmaceutical industry to potential Vietnamese investors.
Vietnam attracts Czech investors

Vietnam attracts Czech investors

(VEN) - A delegation of top Czech companies, led by Czech Minister of Industry and Trade Jozef Síkela, visited Vietnam in February to explore investment and business opportunities.
US businesses exploring investment, business opportunities in Vietnam

US businesses exploring investment, business opportunities in Vietnam

Representatives of more than 50 US companies will visit Vietnam from March 21-22 to discuss investment and business opportunities under an annual programme hosted by the US-ASEAN Business Council.
Stock market violations to face stricter sanctions

Stock market violations to face stricter sanctions

The State Securities Commission (SSC) will review the Law on Securities and related decrees to complete the legal framework, and strengthen sanctions for violations to protect the legitimate rights and interests of investors.
Vietnam to develop policies to adapt to global minimum tax

Vietnam to develop policies to adapt to global minimum tax

Vietnam will adjust investment policies to adapt to the global minimum tax rate and remain an attractive destination for investment.
Vietnam seeks response to corporate tax overhaul

Vietnam seeks response to corporate tax overhaul

(VEN) - All European Union states and many other countries will introduce a global minimum tax (GMT) of 15 percent on large corporations by the start of 2024, and Vietnam is being urged to devise appropriate policies and adapt to the new taxation.
Vietnam’s regulatory interest rates to be reduced by 0.5-1 percent

Vietnam’s regulatory interest rates to be reduced by 0.5-1 percent

The State Bank of Vietnam (SBV) on March 14 issued two decisions to reduce regulatory interest rates by 0.5% to 1%, which will come into force on March 15.
The value of wood scraps for business

The value of wood scraps for business

(VEN) - Reusing scraps derived from most stages of wood exploitation and processing will increase business profits by two to three percent.
New river trash capture tool launched in Nam Dinh Province

New river trash capture tool launched in Nam Dinh Province

On March 23, the Center for Marinelife Conservation and Community Development (MCD) cooperated with the Department of Natural Resources and Environment (DONRE) of Nam Dinh Province, the People's Committee of Nam Thang Commune, and other local partners to organize the event “Launching river trash capture tool” at Village 4 in Xuan Thanh Commune of Nam Dinh Province’s Xuan Truong District.
Việt Nam carries out measures for healthy forests

Việt Nam carries out measures for healthy forests

At a forum on the International Day of the Forest yesterday in Hà Nội, Phạm Hồng Lượng, chief of office of the General Department of Forestry, stressed the importance of raising awareness about the role of forests in human life to work together in forest protection and sustainable forest exploitation.
COP28 President-Designate to co-chair Copenhagen climate ministerial meeting

COP28 President-Designate to co-chair Copenhagen climate ministerial meeting

Dr. Sultan Al Jaber, COP28 President-Designate, will visit Copenhagen to co-chair the Copenhagen Climate Ministerial with His Excellency Sameh Shoukry, Minister of Foreign Affairs, COP27 President and Foreign Minister of the Arab Republic of Egypt.
Vietnam, Thailand beef up sci-tech, educational collaboration

Vietnam, Thailand beef up sci-tech, educational collaboration

Thailand will further promote sci-tech and education cooperation with Vietnam, including a plan to teach Vietnamese at some local universities, affirmed Minister of Higher Education, Science, Research and Innovation (MHESI) Anek Laothamatas in a working session with Vietnamese Ambassador Phan Chi Thanh in Bangkok on March 20.
Science, technology, innovation promoted to support national development

Science, technology, innovation promoted to support national development

Various measures will be rolled out from now to 2025 to fine tune science and technology organisations and perfect the legal foundation for state management of science, technology and innovation.
Vietnam introduces automated sorting system

Vietnam introduces automated sorting system

(VEN) - The successful design, manufacturing and operation of an automatic goods sorting system has contributed to optimizing the production process and cutting the costs of logistics enterprises. Vietnam Economic News’ Quynh Nga interviewed Dr. Phan Dang Phong, Director of the National Research Institute of Mechanical Engineering (NARIME) under the Ministry of Industry and Trade (MoIT), about this technology.
Domestic ICT firms well-positioned to reach out to the world

Domestic ICT firms well-positioned to reach out to the world

Vietnam's information and communication technology (ICT) companies are well-positioned to make strong breakthroughs and reach out to the world in the near future, on the back of widespread Internet access, abundant workforce and support from authorities at all levels.
Agriculture sector to use AI to maximise production

Agriculture sector to use AI to maximise production

Despite being a relatively new concept in the country, the adoption of AI in Việt Nam's agriculture industry has gained significant interest from both the government and manufacturing firms due to its numerous advantages over traditional agricultural methods.
Việt Nam strives to eliminate malaria once and for all

Việt Nam strives to eliminate malaria once and for all

The Ministry of Health has announced plans to review, amend, and supplement professional guidelines to ensure nationwide implementation and assess the National Strategy for Malaria Prevention, Control, and Elimination by 2020 with a view towards 2030.
Transport infrastructure fund needed to enhance Southeast regional linkages

Transport infrastructure fund needed to enhance Southeast regional linkages

HCM City authorities have proposed setting up a transport infrastructure fund to enhance regional linkages in the southeastern region to help unleash its full potential as the country’s economic locomotive.
Hà Nội to build new bridge crossing Red River

Hà Nội to build new bridge crossing Red River

A 820-metre long bridge named Thượng Cát crossing Hồng (Red) River in Hà Nội will be constructed with an investment of nearly VNĐ8.3 trillion.
Vietnam adopts high integration standards

Vietnam adopts high integration standards

(VEN) - Given Vietnam’s increased integration into the global marketplace, domestic producers are being urged to meet standards beyond those expected of high-quality Vietnamese products.
Bac Giang promotes consumption of OCOP products associated with tourism

Bac Giang promotes consumption of OCOP products associated with tourism

The northern province of Bac Giang plans to strengthen communication activities for products of the One Commune-One Product (OCOP) programme and promote the consumption of OCOP products associated with tourism activities this year.
Bamboo Airways to launch Viet Nam’s longest domestic air route from April

Bamboo Airways to launch Viet Nam’s longest domestic air route from April

On April 29, Bamboo Airways will launch an air service between the capital city of Ha Noi and the southernmost province of Ca Mau, making it the longest domestic route served by a local carrier.
King Coffee and Tín Thành Group partner to build a tyre plant in the US

King Coffee and Tín Thành Group partner to build a tyre plant in the US

Vietnamese King Coffee and Tín Thành Group have entered into a partnership to build a tyre filling and recycling plant in South Carolina, the US.
Let’s go fly a kite

Let’s go fly a kite

(VEN) - The annual kite flying festival of Ba Duong Noi Village in Hanoi’s suburban district of Dan Phuong is held on the 15th day of the third lunar month.
Vietnamese culture and silk are topics of event dedicated to women

Vietnamese culture and silk are topics of event dedicated to women

More than 100 female diplomats, representatives of international organisations in Hà Nội, and spouses of foreign ambassadors in Việt Nam gathered at the event.
Renowned Vietnamese artists collaborate on unique porcelain artworks

Renowned Vietnamese artists collaborate on unique porcelain artworks

Titled "Hoa Trên Hoa Kết Tinh" (Flowers on Crystallised Flowers), the exhibition will showcase 13 crystallised porcelain items created by Lê Ngọc Thạch, a famed artisan from Bát Tràng, and painted by the internationally-acclaimed overseas Vietnamese artist Hồng Đức Thanh.
Việt Nam

Việt Nam's grilled bananas among world’s most delicious desserts

CNN described the sweet course as crispy, smoky and fragrant, and best enjoyed with lightly sweetened creamy coconut milk and roasted peanuts.
Ha Long Bay, Cu Chi Tunnels among ten adventurous tourism places in Southeast Asia

Ha Long Bay, Cu Chi Tunnels among ten adventurous tourism places in Southeast Asia

The travel magazine The Travel has listed Ha Long Bay in the northern coastal province of Quang Ninh and Cu Chi Tunnels in Ho Chi Minh City among the ten must-visit epic and adventurous places in Southeast Asia.
Small stools, big charm balancing Hà Nội

Small stools, big charm balancing Hà Nội's iconic appeal with pedestrian safety

These things are all quintessential Hà Nội, and should be protected at all costs; after all, it is exactly this that draws tourists and expats alike to Việt Nam.
Japanese man gives his love to Hà Giang

Japanese man gives his love to Hà Giang

For the past 21 years, each month a Japanese man spends some two weeks in Lô Lô Chải, a remote village in the northern mountainous province of Hà Giang, becoming a familiar friend to many members of the Lô Lô ethnic minority group.
Visa exemption means int

Visa exemption means int'l tourists can visit Phu Quoc for up to 30 days

Phu Quoc Island is an ideal choice for travel and long-term relaxation, with a complete visa exemption policy for international visitors, a temporary stay of up to 30 days, a populous and rich nature, and impressive architecture.
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