Ba Ria-Vung Tau honors rural products

Ba Ria-Vung Tau honors rural products

(VEN) - The quality of rural industrial products made in the southeastern province of Ba Ria-Vung Tau has improved greatly as a result of the emphasis placed on honoring their excellence, carving out a growing market niche. Ba Ria-Vung Tau was ranked among the country’s four top provinces in terms of the number of national-level outstanding rural industrial products in 2021 with seven products.
Progress on bird’s nest sales to China

Progress on bird’s nest sales to China

(VEN) - The Ministry of Agriculture and Rural Development (MARD) is seeking to speed up negotiations with China on the multimillion-dollar export of bird’s nest products, prized for their health-related properties and culinary value. 
Export value up but sustainability needed

Export value up but sustainability needed

(VEN) - Vietnam's trade in goods with foreign markets increased 2.7 times from US$203.6 billion in 2011 to US$545.3 billion in 2020, reaching US$668.5 billion in 2021 and US$371.17 billion in the first half of 2022, up 16.4 percent from the same period last year.
Quang Ninh’s Mong Cai City moves to develop renewable energy

Quang Ninh’s Mong Cai City moves to develop renewable energy

Mong Cai City, the northern province of Quang Ninh, is planning to develop renewable energy on Vinh Thuc and Vinh Trung islands in the near future.
Khanh Hoa develops rural industrial products

Khanh Hoa develops rural industrial products

(VEN) - The south-central province of Khanh Hoa has held five events honoring outstanding rural industrial products over the past decade, awarding district-level and provincial-level recognition to 321 and 186 products, respectively. The products include handicraft and fine art articles, processed farm produce, forest products, seafood and foodstuffs and spare parts for mechanical machinery and equipment.
Needed: Combination of industry promotion, trade stimulation

Needed: Combination of industry promotion, trade stimulation

(VEN) - Combining industry promotion with stimulation of trade in rural industrial products is expected to give a major impetus to the development of rural industrial facilities.
Vietnam seeks access to global value chains

Vietnam seeks access to global value chains

(VEN) - Growing participation of Vietnamese supporting industry enterprises in the manufacturing chains of multinational companies is believed to be crucial for the country’s economic growth. However, while many Vietnamese enterprises have been improving their production capacity, the results have fallen short of expectations.
Firms cautioned about potential trade measures

Firms cautioned about potential trade measures

(VEN) - Vietnamese firms are being urged to deal with trade defense measures being used by eight of the 11 signatories to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to protect domestic production (all except Singapore and Brunei). 
Vietnam, Japan enhance support industry cooperation

Vietnam, Japan enhance support industry cooperation

(VEN) - Japan’s Onaga company recently received an investment certificate for an aeronautical and automotive component manufacturing plant in the Hanoi Southern Support Industrial Park (HANSSIP). The plant is expected to be put into operation in 2023 and encourage Japanese enterprises to expand investment in Vietnam’s support industries.
Trade promotion, an effective export tool

Trade promotion, an effective export tool

(VEN) - In the context of changing world and domestic markets, Vietnam’s flexible and effective trade promotion activities have contributed to stabilizing production and increasing exports.
Hydropower plant set to resume construction

Hydropower plant set to resume construction

(VEN) - The expanded Hoa Binh Hydropower Plant has dealt with the landslides delaying the project and construction is expected to resume soon.
Overseas trade offices boost exports

Overseas trade offices boost exports

(VEN) - Prime Minister Pham Minh Chinh has praised Vietnam’s overseas trade offices for their positive role as a bridge between domestic companies and foreign markets, helping them promote trade and overcome difficulties.
Retailers roll out promotions for National Day

Retailers roll out promotions for National Day

Supermarkets, electronics stores and other retailers have announced a series of promotions for the upcoming National Day holidays.
WB: Vietnam GDP to grow 7.5 percent in 2022

WB: Vietnam GDP to grow 7.5 percent in 2022

(VEN) - The World Bank (WB) forecast Vietnam will achieve gross domestic product (GDP) growth of 7.5 percent in 2022 despite unpredictable changes in the global economy and escalating inflation in many countries. This was good news for Vietnam on the occasion of its September 2 National Day celebration.
Eight-month revenue from retail, services up 19.3 percent

Eight-month revenue from retail, services up 19.3 percent

Total revenue from goods retail and services in the January-August period increased by 19.3 percent year on year to over 3.679 quadrillion VND (156.8 billion USD), which is a high growth rate for the period in many years, according to the General Statistics Office (GSO).
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).
Development planned of maritime economic clusters

Development planned of maritime economic clusters

(VEN) - Vietnam strives to form seven maritime economic clusters in advantageous coastal and marine regions by 2030, with priorities given to the development of marine economic products and services with added value.
Exports to Canada up despite obstacles

Exports to Canada up despite obstacles

(VEN) - Vietnam’s exports to Canada will likely exceed US$6 billion in 2022, possibly growing 20 percent, the Vietnam Trade Office in Canada forecast based on the first-half-of-2022 bilateral trade data.
Hoa Binh promotes rural industries

Hoa Binh promotes rural industries

(VEN) - The Industry Promotion Center of the northern province of Hoa Binh has conducted a survey of rural industrial establishments to prepare plans and projects for the coming years.
Minister hails overseas trade offices

Minister hails overseas trade offices

(VEN) - Overseas Vietnamese trade offices have taken the initiative in coordinating with relevant units of the Ministry of Industry and Trade (MoIT) to develop trade promotion programs, effectively supporting import-export activities and contributing significantly to Vietnam’s economic growth. 
EVN targets safe, stable power supply

EVN targets safe, stable power supply

(VEN) - The Vietnam Electricity (EVN) Group seeks to provide safe power supply for the final months of 2022 amid continued heavy heat in the northern region and increased input fuel prices for power production.
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Vietnam develops green agriculture to increase exports to EU

Vietnam develops green agriculture to increase exports to EU

Vietnam is paying attention to mobilising resources to invest in developing green agriculture with an aim to raising the market share of its agricultural exports to the European Union.
Screening tools to enhance FDI quality

Screening tools to enhance FDI quality

(VEN) - A set of foreign direct investment (FDI) screening tools was launched recently as a result of cooperation between the Vietnam Chamber of Commerce and Industry (VCCI) and the United Nations Development Program (UNDP), promising enhanced effectiveness of foreign investment flows into Vietnam.
Socioeconomic development targets in 2023

Socioeconomic development targets in 2023

The 15th National Assembly’s 4th session approved a Resolution on the socio-economic development plan in 2023, with GDP targeted at 6.5% and per capita GDP at 4,400 USD.
Technology trends to watch in 2023

Technology trends to watch in 2023

The start of a new year is often a time to contemplate the future and what might lie ahead on the horizon.
Hai Phong pledges optimal conditions for investors

Hai Phong pledges optimal conditions for investors

Hai Phong will always accompany with and create optimal conditions for investors, vowed Nguyen Trung Kien, head of the Economic Zone Management Board of the northern port city, during a meeting with foreign-invested businesses in the city on January 31.
My Phong Nha

My Phong Nha

Phong Nha stands out with more than 300 caves, some of which are internationally famous. The caves and jungle create a unique landscape and terrain that you can rarely find in other places in the world.
Vietnam – Potential destination for Italian businesses

Vietnam – Potential destination for Italian businesses

This year, Vietnam and Italy celebrate the 45th founding anniversary of the Vietnam-Italy diplomatic ties with many achievements in all fields, including the growth of economic cooperation. The remarkable achievements were contributed by trade and investment promotion activities organized by the Italian Chamber of Commerce in Vietnam (ICHAM). Vietnam Economic News’ reporter talked with Mr. Michele D'Ercole - Chairman of ICHAM in Vietnam about these matters.
Screening tools to enhance FDI quality

Screening tools to enhance FDI quality

(VEN) - A set of foreign direct investment (FDI) screening tools was launched recently as a result of cooperation between the Vietnam Chamber of Commerce and Industry (VCCI) and the United Nations Development Program (UNDP), promising enhanced effectiveness of foreign investment flows into Vietnam.
Prime Minister demands faster disbursement of public investment capital

Prime Minister demands faster disbursement of public investment capital

Prime Minister Pham Minh Chinh demanded faster pace of public investment capital disbursement while chairing the Cabinet meeting on Thursday.
Deputy FM highlights role of economic diplomacy in service of national development

Deputy FM highlights role of economic diplomacy in service of national development

The Ministry of Foreign Affairs has accompanied the Ministry of Planning and Investment and agencies to attract high-quality investment, connect and support foreign enterprises to invest and expand operations in Việt Nam, as well as to strengthen exchange and cooperation with investment funds and study international investment trends.
Việt Nam supports expansion of UN Security Council

Việt Nam supports expansion of UN Security Council

Addressing the first meeting of the Intergovernmental Negotiations on Security Council reform at the 77th UN General Assembly on January 26 (local time) in New York, Ambassador Nguyễn Phương Trà also emphasised improving the working method of the UNSC and limiting the use of veto power.
Food and beverage industry to do well this year despite modest economy

Food and beverage industry to do well this year despite modest economy

The food and beverage market is forecast to grow by over 18% this year to 720 trillion VND (30.7 billion USD).
Moving ahead with 2023’s Global Priorities: Electrification and Decarbonization

Moving ahead with 2023’s Global Priorities: Electrification and Decarbonization

In 2023, the United Arab Emirates is taking center stage in the global efforts to address climate change and sustainability. Recently, leaders have gathered for Abu Dhabi Sustainability Week, kicking off a year of events leading up to the UAE-hosted COP28 at the end of the year.
Hanoi eyes 950 firms in support industries this year

Hanoi eyes 950 firms in support industries this year

Hanoi has set a target to have about 950 enterprises operating in the field of supporting industries this year, an increase of approximately 20 compared to 2022.
Vietnam to reduce environmental impact of textile-garment industry by 2030

Vietnam to reduce environmental impact of textile-garment industry by 2030

The Vietnam Textile and Apparel Association (VITAS) has set a goal of helping Vietnam's textile and garment industry be more environmentally friendly by 2030.
Hai Phong pledges optimal conditions for investors

Hai Phong pledges optimal conditions for investors

Hai Phong will always accompany with and create optimal conditions for investors, vowed Nguyen Trung Kien, head of the Economic Zone Management Board of the northern port city, during a meeting with foreign-invested businesses in the city on January 31.
Greening foreign investment

Greening foreign investment

(VEN) - The government’s declared commitment to reduce net carbon emissions to zero by 2050 has prompted a wave of high-quality, sustainable foreign direct investment (FDI) projects.
Southeast region prepares for new FDI wave

Southeast region prepares for new FDI wave

The southeast region is preparing necessary conditions in infrastructure, administrative procedures and human resources to welcome a new wave of foreign direct investment (FDI), as investors have flocked to the region right from the beginning of this year.
January FDI nears US$1.7 billion

January FDI nears US$1.7 billion

Vietnam attracted foreign direct investment (FDI) worth US$1.69 billion as of January 20 this year, down 19.8 percent annually, according to the General Statistics Office (GSO).
Tax revenue up 4.4 percent year-on-year in January

Tax revenue up 4.4 percent year-on-year in January

Tax revenue in January was estimated at VND165.7 trillion (US$7.06 billion), or 12.1 percent of the ordinance estimate, up 4.4 percent year-on-year, the General Department of Taxation reported on January 31.
State-owned banks under capital increase pressure

State-owned banks under capital increase pressure

Vietnam’s four biggest State-owned banks have an urgent need for capital increase in 2023 as their charter capital is too low, with some unable to ensure the regulated minimum capital adequacy ratio (CAR), according to industry insiders.
Positive prospects for Vietnam’s stock market this year

Positive prospects for Vietnam’s stock market this year

2022 was an eventful year for the Vietnamese stock market with many records set.
Positive 2023 securities market forecasts

Positive 2023 securities market forecasts

(VEN) - Vietnam’s securities market experienced strong volatility in 2022, stemming from investor caution in the face of global economic and political uncertainties.
Vietnam looks ahead to 2023 climate summit

Vietnam looks ahead to 2023 climate summit

(VEN) - World leaders are hoping the COP28 Climate Change Summit, scheduled for November 30 to December 12, 2023, in the UAE will achieve expectations not met at the COP27 summit held in Egypt in November 2022.
Preserving nature, facilitating business

Preserving nature, facilitating business

(VEN) - In the past few years, the natural resources and environment sector of Hung Yen Province has advised authorities on state management of natural resources and the environment, contributing to provincial economic growth, industrialization and modernization.
AkzoNobel Vietnam protects Cu Lao Xanh lighthouse against harsh weather

AkzoNobel Vietnam protects Cu Lao Xanh lighthouse against harsh weather

AkzoNobel, a leading global paints and coatings company and the major producer of Dulux brand, has completed repainting the Cu Lao Xanh Lighthouse project with Dulux Weathershield®. It is the third lighthouse in Vietnam recoated under the “Lighthouse Protection Campaign” of AkzoNobel.
JTI Vietnam commits to net zero greenhouse gas emissions

JTI Vietnam commits to net zero greenhouse gas emissions

Climate change is the most urgent issue of our time, and to limit its impact on life on earth, the rise in mean global temperature should not exceed 1.5°C above pre-industrial levels. The private sector plays a huge role in helping to achieve this goal, and companies must commit and take concrete action in accordance with the Paris Agreement.
Technology trends to watch in 2023

Technology trends to watch in 2023

The start of a new year is often a time to contemplate the future and what might lie ahead on the horizon.
Managed security provides IT talent gap solution for businesses in SEA

Managed security provides IT talent gap solution for businesses in SEA

Global cybersecurity company Kaspersky today reveals the state of MSSP in the region, particularly the main benefits that local SMBs and enterprises gain from this outsourcing model.
Headquarters of Vietnam-Korea Institute of Science and Technology inaugurated

Headquarters of Vietnam-Korea Institute of Science and Technology inaugurated

An inauguration ceremony of the headquarters of the Vietnam-Korea Institute of Science and Technology (VKIST) was held at the Hoa Lac Hi-tech Park in Ha Noi on January 17.
WHO to share mRNA vaccine technology with VietNam

WHO to share mRNA vaccine technology with VietNam

Vietnam, along with Bangladesh, Indonesia, Pakistan and Serbia will receive support from the World Health Organization (WHO)'s mRNA technology transfer hub in South Africa, announced the World Health Organization (WHO) on February 23.
Hunting for real estate investment opportunities after Tet

Hunting for real estate investment opportunities after Tet

Although the market faced a standstill at the end of 2022, wealthy investors are still hunting for potential business opportunities after the Lunar New Year holiday.
Vietnamese university up 97 places in Webometrics ranking

Vietnamese university up 97 places in Webometrics ranking

Vietnam National University (VNU) - Hanoi climbed 97 places to rank 661st in the latest Webometrics Ranking of World Universities in 2023, which was announced on February 1 by the Cybermetrics Lab, a member of the Spanish National Research Lab.
PM inspects national key transport projects

PM inspects national key transport projects

The first phase of the 652.86km North-South Expressway has 11 component projects, three of which are invested in public-private partnerships (PPP). The rest, including the Mai Sơn-National Highway 45 project, are funded with public investment.
A great chance to invest in commercial property

A great chance to invest in commercial property

Vietnam's commercial real estate sector is still in its infancy and is mostly focused on Ho Chi Minh City and Hanoi. However, industry analysts assert that the market area has a great deal of untapped potential.
Nestlé Vietnam and the journey to sustainable development

Nestlé Vietnam and the journey to sustainable development

(VEN) - With nearly three decades of operation in Vietnam, Nestlé Vietnam has been implementing many initiatives to improve human health and protect the planet through its commitments and sustainable development strategy. Recently, the company has continued to be honored as the Most Sustainable Business in Vietnam.
VIMC embarks on strong recovery

VIMC embarks on strong recovery

(VEN) - In the context of the strong recovery of the maritime transport market, the Vietnam Maritime Corporation (VIMC) has brought into play its internal strength to achieve successful business results in 2022.
MM Mega Market launches a new modern Giá tốt business model

MM Mega Market launches a new modern Giá tốt business model

Recognizing changes in shopping behaviors, MM Mega Market has publicly launched its new business model – Giá tốt. Giá tốt is currently present in big cities and provinces in Vietnam with more than 250 Giá tốt partners, including Ho Chi Minh City, Hanoi, Da Nang, Binh Duong, Bien Hoa, Quy Nhon, Buon Ma Thuot, Rach Gia, etc.
PVCFC develops experts’ system

PVCFC develops experts’ system

(VEN) - The PetroVietnam Ca Mau Fertilizer Joint Stock Company (PVCFC) recently held its annual review on accreditation of professionals and on the competency gap for experts at its headquarters in Ho Chi Minh City and Ca Mau Province.
The woman who revived Kim Hoang folk paintings

The woman who revived Kim Hoang folk paintings

(VEN) - Researcher and art collector Nguyen Thi Thu Hoa has made intense efforts to revive the 18th century Kim Hoang woodcut folk painting genre, which had all but disappeared over time.
Khmer

Khmer's ginger cake of love and faithfulness

According to legend, the cake is also a symbol of faithfulness between husband and wife.
Dutch diplomat donates Vietnamese paintings to national museum

Dutch diplomat donates Vietnamese paintings to national museum

The ambassador collected the two lacquer paintings Kieu Hanh (Proud) and Nhung Nu Hon Tinh Yeu (Kisses of Love) when she worked in Vietnam from 1997-2001.
Tet impressive in foreign ambassadors

Tet impressive in foreign ambassadors' eyes

Tet (Lunar New Year holiday) is always an interesting experience for foreigners in Vietnam. Enjoying the Tet atmosphere, foreign ambassadors have shared their feelings about the biggest traditional festival in the country.
Vietnam listed among top places to visit in the New Year

Vietnam listed among top places to visit in the New Year

Vietnam has been named one of the top 20 places to visit at the beginning of the new year by UK travel magazine Wanderlust for its beautiful natural sights, festive atmosphere, and favorable weather.
Five-day holiday for workers during Reunification Day period

Five-day holiday for workers during Reunification Day period

As the Hùng Kings' festival coincides with Reunification Day and International Workers' Day, workers will enjoy a rare five-day holiday.
Vietnam plans to attract Chinese tourists

Vietnam plans to attract Chinese tourists

Vietnam's tourism industry has targeted to serve about 110 million tourists in 2023, including 8 million foreign visitors.
The lure of Pu Luong

The lure of Pu Luong

(VEN) - Surrounded by high mountains and offering a cool climate all year round, the Pu Luong National Nature Reserve in the northern province of Thanh Hoa offers wild scenery and unique culture.
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