PM: Green economic development a top priority

PM: Green economic development a top priority

(VEN) - Vietnam is considered one of the five countries most affected by climate change, making the fight against climate change and green development a priority, said Prime Minister Pham Minh Chinh at the Green Economy Forum and Exhibition 2022 (GEFE 2022), held by the European Chamber of Commerce (EuroCham) on November 28 in Ho Chi Minh City.
Ha Giang Province improves lives

Ha Giang Province improves lives

(VEN) - The northern mountainous province of Ha Giang is supporting 11 rural industrial enterprises with funding for advanced machinery and equipment in the production of varied consumer goods, including tea processing, handicrafts and garments.
Thanh Hoa Province boosts industrial growth

Thanh Hoa Province boosts industrial growth

(VEN) - Industry promotion projects play a vital role in industrial and handicraft development in the northern central province of Thanh Hoa.
HCMC focuses on chip industry development

HCMC focuses on chip industry development

(VEN) - Ho Chi Minh City’s Saigon Hi-Tech Park (SHTP) plans to focus on developing the semiconductor chip industry as its specialty.
Trade deals: The good, bad and unpredictable

Trade deals: The good, bad and unpredictable

(VEN) -  Free Trade Agreements (FTAs) provide ample opportunities for trade. However, since many countries are constantly changing their policies with the aim of sustainable growth, businesses need to be more innovative to effectively penetrate these markets.
Industry-trade sector eases regulation

Industry-trade sector eases regulation

(VEN) - A newly-published report reviewing conditions for business lines under the purview of the Ministry of Industry and Trade (MoIT) has found that amendments of recent years have ensured conformity and consistency.  
Two 2023 growth scenarios for Vietnam

Two 2023 growth scenarios for Vietnam

(VEN) - A report by the National Center for Socioeconomic Information and Forecast (NCIF) shows that Vietnam outperformed other countries in the region in 2022 thanks to the rebound in consumer spending and strong export growth.
Vietnamese goods increase foreign presence

Vietnamese goods increase foreign presence

(VEN) - The volume of Vietnamese goods in the global trading system is on the rise, but their competitiveness remains weak. Vietnam Economic News’ Hoang Lan spoke about this issue with Deputy Director of the Ministry of Industry and Trade’s Domestic Market Department Le Viet Nga.
Global supply chains: Risks and opportunities

Global supply chains: Risks and opportunities

(VEN) - At a recent workshop on opportunities and challenges for global value chains (GVCs) held by the Ministry of Industry and Trade, domestic and foreign economists agreed that the COVID-19 pandemic has severely affected GVCs and at the same time created opportunities for them.
Accelerating year-end exports

Accelerating year-end exports

(VEN) - Many sectors of the Vietnamese economy achieved impressive export growth in the first three quarters of 2022 and fulfilled their annual export plans ahead of schedule, despite the complex global economic situation. However, signs have emerged of export slowdown in the fourth quarter.
Meeting Vietnam’s growing energy demand

Meeting Vietnam’s growing energy demand

(VEN) - GE Hydro Solutions and Vietnam Electricity (EVN) have an acceptance test of the 240MW turbine at the hydraulic laboratory in Grenoble, France. This is the first important milestone in the expansion of Hoa Binh Hydropower Plant under the contract of GE Hydro Solutions and Vietnam Electricity (EVN) in early 2022.
Exporters urged to use int’l distributors

Exporters urged to use int’l distributors

(VEN) - International distributors are opening a world of opportunities for Vietnamese manufacturers and exporters, including new markets, improved consumer access and profitable revenue streams.
Most employees fear robot hacking but believe they should be used more in production

Most employees fear robot hacking but believe they should be used more in production

A recent Kaspersky study on the consequences of automation and increased use of robots showed the growing level of robotization in companies but highlighted the increased number of cybersecurity risks this causes.
Southern provinces strive to reach targets

Southern provinces strive to reach targets

(VEN) - Overcoming market difficulties and delayed capital allocation, 20 southern provinces and cities have been working hard to reach industry promotion targets.
Solution sought for gasoline price fluctuations

Solution sought for gasoline price fluctuations

(VEN) - Geopolitical fluctuations have been affecting the domestic petroleum market and confronting businesses with numerous difficulties.
Copenhagen Infrastructure Partners reaffirm commitment to Vietnam

Copenhagen Infrastructure Partners reaffirm commitment to Vietnam

(VEN) - The world’s biggest green energy investors and developers from Denmark Copenhagen Infrastructure Partners (CIP) alongside Copenhagen Offshore Partners (COP) are strengthening their engagement to invest in long-term ventures in Vietnam, as demonstrated by a fresh visit of CIP’s senior partners to sites and offices in the country.
Global supply chain disruptions persist

Global supply chain disruptions persist

(VEN) - The COVID-19 pandemic created opportunities and challenges for the global supply chain. To ensure uninterrupted trade flows, countries need to take advantage of the new opportunities to overcome the challenges facing the global supply chain.
Vietnam’s economy continues significant recovery

Vietnam’s economy continues significant recovery

(VEN) - The Vietnamese economy continued recovering in the first 10 months of 2022 with inflation under control and major balances maintained, according to the Ministry of Planning and Investment.
Hanoi hosts international industrial fair

Hanoi hosts international industrial fair

(VEN) - The Hanoi International Exhibition of Key Industrial Products 2022 was held at the National Exhibition Construction Center in the capital city from October 27-29.
Ninh Binh eyes industrial zone push

Ninh Binh eyes industrial zone push

(VEN) - Vietnam Economic News’ Viet Nga & Hoang Lan spoke with Bui Quang Hung, Deputy Director of the Ninh Binh Province Department of Industry and Trade, about development of industrial zones (IZs) for small and medium-sized businesses.
Craft villages boost e-commerce

Craft villages boost e-commerce

(VEN) - E-commerce is helping craft village enterprises in their post-pandemic recovery, as well as in market expansion and competitiveness improvement.
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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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