Vietnam’s star rises in global supply chains

Vietnam’s star rises in global supply chains

(VEN) - Vietnam is a rising global manufacturing center, with supporting industries that have undergone substantial changes to play a significant role in global value chains, especially in the electronics industry.
Ministry facilitates rural industrial development

Ministry facilitates rural industrial development

(VEN) - The Ministry of Industry and Trade is urging people's committees of provinces and centrally-governed cities to strengthen industry promotion in order to help rural manufacturers recover from the economic effects of the pandemic.
Vietnam Manufacturing Expo 2022 attracts 200 enterprises

Vietnam Manufacturing Expo 2022 attracts 200 enterprises

The Vietnam Manufacturing Expo (VME) opened in Hanoi on August 10 with more than ten countries and territories in attendance as well as nearly 200 technology brands and supporting industry companies from Japan, the US, the Republic of Korea, China, Chinese Taipei, Singapore, and elsewhere.  
Vietnamese exports to Nordic markets thrive

Vietnamese exports to Nordic markets thrive

(VEN) - Vietnamese seafood, rice, textiles, and leather and footwear sell well in Nordic markets. According to the Vietnam Trade Office in Sweden, concurrently in Denmark, Norway, Iceland, and Latvia, Vietnamese tra fish has become one of the best sellers in the Nordic bloc market.
Hanoi helps firms implement trade deals

Hanoi helps firms implement trade deals

(VEN) - Hanoi is accompanying local business in international economic integration by formulating mechanisms and policies to support them in the implementation of the country’s various free trade agreements.
Major electronics show scheduled in Hanoi

Major electronics show scheduled in Hanoi

(VEN) - The leading exhibition organizer in the ASEAN bloc, RX Tradex, collaborated with the Vietnam Electronic Industries Association on organizing the July 20 Vietnam Electronics Forum 2022 in Hanoi, in conjunction with the signing ceremony of the Business Innovation Zone 2022.
Dong Nai Province boosts local industry

Dong Nai Province boosts local industry

(VEN) -  The Department of Industry and Trade of the southeastern province of Dong Nai held a ceremony to honor outstanding rural industrial and OCOP (one commune one product) products. It also implemented 12 industry promotion programs through the Dong Nai radio and television stations, and issued a plan for inspection, supervision and assessment of 2022 industry promotion programs and projects.
Renewable energy sources not fully tapped: experts

Renewable energy sources not fully tapped: experts

The potential of renewable energy sources, especially wind and solar power, is one of the keys to Vietnam’s energy transformation towards carbon neutrality, but barriers stemming from the unresponsive transmission network and pricing mechanism is wasting the capacity of billions of kWh of electricity, according to experts.
Energy transition underway to cut emissions

Energy transition underway to cut emissions

(VEN) - Vietnam is making efforts to transition from fossil energy to clean, renewable energy in order to promote sustainable economic restructuring.
Bac Giang boosts advanced machinery use

Bac Giang boosts advanced machinery use

(VEN) - Through industry promotion programs, the Department of Industry and Trade of the northern province of Bac Giang has helped rural industrial enterprises procure advanced machinery and equipment to restore production in the post-pandemic period.
National product recognition improves customer trust

National product recognition improves customer trust

(VEN) - National recognition helps increase the prestige of rural industrial products and customer trust of their producers.
Opportunities, challenges for second-half exports

Opportunities, challenges for second-half exports

(VEN) - Tran Thanh Hai, deputy director of the Agency of Foreign Trade under the Ministry of Industry and Trade, talked about opportunities and challenges for export-import activities in the second half of the year with Vietnam Economic News’ Phuong Lan.
Quang Nam pioneers linkage model

Quang Nam pioneers linkage model

(VEN) - The central province of Quang Nam is implementing solutions to develop support industries on a large scale, gradually forming the largest industrial park (IP) for manufacturing automobile components and spare parts in Vietnam.
Bottlenecks hamper Vietnam’s rice exports

Bottlenecks hamper Vietnam’s rice exports

(VEN) - Rice plays a crucial role in Vietnam’s food security and socioeconomic development, requiring authorities to resolve bottlenecks to help the sector affirm its position and compete fairly in the world market.
Binh Duong Province reduces import dependence

Binh Duong Province reduces import dependence

(VEN) - The southern province of Binh Duong is concentrating on developing its support industries to provide parts and materials to local enterprises, and gradually reduce dependence on imported materials to avoid  production chain disruptions.
Foreign trade drives GDP growth

Foreign trade drives GDP growth

(VEN) - Vietnam’s gross domestic product (GDP) grew 7.72 percent and 6.42 percent in the second quarter and first half of 2022, respectively. Foreign trade was a major driving force of this growth, according to the Ministry of Planning and Investment’s General Statistics Office of Vietnam (GSO).
National plans to focus on production upgrades

National plans to focus on production upgrades

(VEN) -  The Ministry of Industry and Trade’s Agency for Regional Industry and Trade (ARIT) has provided guidelines for localities on devising national plans for industry promotion in 2023, giving priority to production technology renovation.
Quang Nam Province restoring traditional craft villages

Quang Nam Province restoring traditional craft villages

(VEN) - The central province of Quang Nam is seeking to develop its craft villages on a sustainable basis, not only preserving traditional artisanship but also providing a viable source of income and a tourism attraction. Brocade weaving, carpentry, pottery, and silk are just some of the craft villages the province is hoping to strengthen.
Vietnam Competence Center for the German Agricultural & Food Industry launched

Vietnam Competence Center for the German Agricultural & Food Industry launched

The Delegation of German Industry and Commerce in Vietnam (AHK Vietnam) recently organized a seminar to officially introduce the Vietnam Competence Center for the German Agricultural & Food Industry.  
First-half industry and trade highlights

First-half industry and trade highlights

(VEN) - Ministry of Industry and Trade department heads talk about industry and trade highlights in the first half of 2022.
Production back to pre-pandemic level

Production back to pre-pandemic level

(VEN) - Minister of Industry and Trade Nguyen Hong Dien says industrial production, especially the manufacturing and processing sector, has been restored to pre-pandemic levels. He spoke at a recent conference to review first-half operations and set out second-half tasks, saying that the industry and trade sector will make greater efforts to exceed its set targets.
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Foreign visitors to Vietnam surge 44.2 times

Foreign visitors to Vietnam surge 44.2 times

Vietnam welcomed 872,000 foreign visitors in January, up 44.2 times against the same time last year, according to the General Statistics Office.
British official in Vietnam to boost accession to CPTPP

British official in Vietnam to boost accession to CPTPP

Minister of State Greg Hands of the UK Department for International Trade recently arrived in Hanoi for high-level trade talks on how the UK joining of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will boost the economic firepower of the world’s most dynamic trade bloc, according to the British Embassy.
Banks lower saving interest rates right after Tet

Banks lower saving interest rates right after Tet

The race of interest rate hikes among commercial banks is showing signs of cooling down as many banks have adjusted down the rate by several percentage points per year after the Lunar New Year (Tet) holiday and have set stricter conditions for customers to enjoy the high rates.
Positive signs for Vietnam’s labour market

Positive signs for Vietnam’s labour market

Vietnam will continue to be affected by a labour shortage in the first and second quarters of 2023, but the deficit is not great and is mainly present in labour-intensive sectors such as garments, leather, and some export-led industries, especially in foreign-invested enterprises.
Artists Cơ, Nghiệp set Guinness World Record in last int

Artists Cơ, Nghiệp set Guinness World Record in last int'l show

Vietnamese acrobatic artists Giang Quốc Cơ and Giang Quốc Nghiệp has set up a world record in their last international performance in a Guinness World Record show in Milan, Italy.
foreign visitors to vietnam surge 442 times

Foreign visitors to Vietnam surge 44.2 times

Vietnam welcomed 872,000 foreign visitors in January, up 44.2 times against the same time last year, according to the General Statistics Office.
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.
artists co nghiep set guinness world record in last intl show

Artists Cơ, Nghiệp set Guinness World Record in last int'l show

Vietnamese acrobatic artists Giang Quốc Cơ and Giang Quốc Nghiệp has set up a world record in their last international performance in a Guinness World Record show in Milan, Italy.
the unique giong festival of hanoi

The unique Giong Festival of Hanoi

The festival is held annually around the capital to commemorate Saint Giong, a local hero who sacrificed his life to defeat invaders.
ministry of industry and trade new posture and mindset for the new development period

Ministry of Industry and Trade: New posture and mindset for the new development period

Starting on December 1, 2022, the Ministry of Industry and Trade operates under Government Decree 96/2022/ND-CP. New posture and mindset for the new development period of the industry and trade sector have been rolled out from this decree.
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.
Industrial production: Achievements and lessons

Industrial production: Achievements and lessons

(VEN) - The 2022 industrial output has been impressive, but continued innovation as well as production and supply network recovery are vital to ensure a more sustainable path in 2023.
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.
Hanoi, HCM City record highest disbursement of public investment capital in January

Hanoi, HCM City record highest disbursement of public investment capital in January

Hanoi and Ho Chi Minh City - the country's economic locomotives - recorded the highest disbursement of public investment capital in January, with nearly 2.7 trillion VND (117 million USD) and more than 1.63 trillion VND, respectively, reported the General Statistics Office.
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.
Banks lower saving interest rates right after Tet

Banks lower saving interest rates right after Tet

The race of interest rate hikes among commercial banks is showing signs of cooling down as many banks have adjusted down the rate by several percentage points per year after the Lunar New Year (Tet) holiday and have set stricter conditions for customers to enjoy the high rates.
Foreign investors remain optimistic about Vietnamese stock market

Foreign investors remain optimistic about Vietnamese stock market

From being net sellers in the first nine months of 2022, foreign investors have become the driving force supporting the Vietnamese stock market in the last few months, and the inflows are expected to continue this year.
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.
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.
Seven technologies to watch in 2023

Seven technologies to watch in 2023

Nature’s pick of tools and techniques that are poised to have an outsized impact on science in the coming year.
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.
Positive signs for Vietnam’s labour market

Positive signs for Vietnam’s labour market

Vietnam will continue to be affected by a labour shortage in the first and second quarters of 2023, but the deficit is not great and is mainly present in labour-intensive sectors such as garments, leather, and some export-led industries, especially in foreign-invested enterprises.
Illegal fishing tackled with drastic measures to remove

Illegal fishing tackled with drastic measures to remove 'yellow card'

The Government, ministries and local authorities have been improving legal enforcement, supervision on the implementation of the law and traceability requirements through heavier fines on illegal fishing.
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.
JTI Vietnam certified as Top Employer for 3rd year

JTI Vietnam certified as Top Employer for 3rd year

Top Employers is a global award organized annually by the Top Employers Institute, through rigorous evaluation criteria for employers to select enterprises with the best working conditions. JTI Global and JTI Vietnam are proud to become the Top Employers again in 2023.
Doosan Vina and Chung Ang University continue educational CSR program

Doosan Vina and Chung Ang University continue educational CSR program

Recently, Doosan Enerbility Vietnam (Doosan Vina) and Chung Ang University (CAU), Korea organized charity activities and educational exchanges at Binh Thanh No. 2 Primary School and Binh Minh No. 1 Primary School in Binh Son District, Quang Ngai Province.
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.
Artists Cơ, Nghiệp set Guinness World Record in last int

Artists Cơ, Nghiệp set Guinness World Record in last int'l show

Vietnamese acrobatic artists Giang Quốc Cơ and Giang Quốc Nghiệp has set up a world record in their last international performance in a Guinness World Record show in Milan, Italy.
The unique Giong Festival of Hanoi

The unique Giong Festival of Hanoi

The festival is held annually around the capital to commemorate Saint Giong, a local hero who sacrificed his life to defeat invaders.
Late artist Nguyen Tu Nghiem

Late artist Nguyen Tu Nghiem's works on display in rare exhibition

This rare opportunity for art lovers to see the artist's works is being held to honour his career, which spanned over 70 years in the 20th and 21st centuries.
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.
Foreign visitors to Vietnam surge 44.2 times

Foreign visitors to Vietnam surge 44.2 times

Vietnam welcomed 872,000 foreign visitors in January, up 44.2 times against the same time last year, according to the General Statistics Office.
About nine million Vietnamese travel during Tet holiday, revenues down

About nine million Vietnamese travel during Tet holiday, revenues down

During the holiday from January 20-26, total revenue from tourism activities was estimated at VND17.5 trillion (US$745.79 million), down 30 percent year on year, reported the Vietnam National Administration of Tourism (VNAT).
18,000 tourists spend US$18.3 million on foreign tours during Lunar New Year

18,000 tourists spend US$18.3 million on foreign tours during Lunar New Year

The number of tourists choosing foreign tours accounted for 55 to 65 percent of the total domestic and foreign tours.
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.
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