Processed fruits, vegetables enter one-billion-USD export club

With continuous strong growth in recent years, processed fruits and vegetables have officially entered the one-billion-USD export club.

Covid-19 ở Việt Nam sáng 8/9: 10.253 ca khỏi bệnh; Hà Nội vẫn dùng giấy đi đường cũ; lý do TP. Hồ Chí Minh tiêm mũi 1 vaccine Moderna, mũi 2 Pfizer

Kể từ đầu dịch đến nay, Việt Nam có 550.996 ca nhiễm Covid-19, các địa phương ghi nhận số mắc cao là TP. Hồ Chí Minh, Bình Dương, Đồng Nai, Long An.

Green credit – an important financial source of economy

Permanent Vice Governor of the State Bank of Vietnam (SBV) Dao Minh Tu has stated that green credit is an important financial source of the economy.

Economic recovery, development programme to last at least two years

The economic recovery and development programme, which will offer measures drastic enough to ensure its long-term efficiency, is expected to be carried out between 2022 and 2023 and could last longer depending on pandemic and economic situation.

Cashew nut exports pick up in 2021 despite COVID-19 challenges

Vietnam's cashew nut exports saw encouraging growth this year despite COVID-19-induced restrictions, shipping container shortage and rising logistics costs, statistics of the General Department of Vietnam Customs show.

Viet Nam to resume regular international passenger flights next year

The Government has decided to resume regular international passenger flights on a pilot basis from January 1, 2022, in a bid to boost economic recovery.

Vietnam's apparel sector expected to grow by 11.2 pct this year

Vietnam's apparel sector is forecast to grow by 11.2 percent annually this year with an export revenue of 39 billion USD, reported the Vietnam Textile & Apparel Association (VITAS).

Top 1,000 corporate income taxpayers in 2020 announced

The General Department of Taxation (GDT) has announced the list of top 1,000 corporate income taxpayers (V1000) in Vietnam in 2020.

Vietnam's agro-forestry-aquatic product exports to surpass goal

Vietnam's agro-forestry-aquatic product exports and imports were estimated at nearly 82.67 billion USD in the first 11 months of this year, up 24.7 percent annually, reported the Ministry of Agriculture and Rural Development (MARD).

Foreign investment inflows pick up slightly in first 11 months

As of November 20, foreign direct investment capital inflows into Viet Nam reached US$26.46 billion, an increase of 0.1 percent compared to the same period last year.

Viet Nam targets to raise GDP per capita to US$3,900 next year

Viet Nam's GDP per capita is expected to increase to US$ 3,900 next year, according to the 2022 socio-economic development plan.

Private businesses in Vietnam: increases in both quantity, quality

The number of newly established private enterprises in Vietnam has increased steadily every year, from 70,900 in the 2015 - 2020 period to 112,500 in the 2015 - 2020. Not only quantity, capital scale and capacity of private enterprises have also improved.

Shopping season 2021 launched in Ho Chi Minh City

Ho Chi Minh City's Department of Industry and Commerce (DoIC) in collaboration with the departments of Tourism and Health on November 15 launched the largest concentrated promotion programme entitled 'Shopping Season 2021'.

Nikkei: Vietnam leads recovery in Southeast Asia supply chains

Supply chains in Southeast Asia are racing to recover to full strength after months of factory stoppages and production cuts, including Vietnam which is seeing a rapid return to normality, according to an article published on Japan's Nikkei newspaper.

Wood industry's export target of 14.5 billion USD reachable

Wood enterprises are getting back to normal after a long suspension of operations due to the COVID-19 pandemic, and are confident to earn a total of 14.5 billion USD from exports this year.

Vietnam's e-commerce forecast to surpass 11.8 billion USD

Vietnamese e-commerce market is forecast to continue growing in the post-pandemic period, with revenue surpassing last year's figure, according to experts.

Retail of goods, service revenues enjoy positive growth

Retail of goods has seen positive growth in the first ten months of this year, reported the Ministry of Industry and Trade (MoIT)'s Department of Domestic Markets.

Factory resumption eases supply chain constraints in SEA: WSJ

Factories have reopened and production is steadily picking up in major manufacturing centres of Southeast Asia as COVID-19 cases have dropped in recent weeks, easing some of the supply chain constraints that companies blame for lost sales, reported the US's Wall Street Journal (WSJ).

Number of businesses resuming operations in October up 29.8 percent

A total of 4,304 companies resumed their operations in October, up 29.8 percent against September, and down 14.7 percent year-on-year, according to the General Statistics Office.

Banks reduce over 536 million USD worth of interest rates for pandemic-hit borrowers

Sixteen banks in Vietnam reduced a total of 12.23 trillion VND (536.2 million USD) in interest rates for borrowers affected by the COVID-19 pandemic from July 15 to September 30, equivalent to 59.36 percent of their commitments, according to the State Bank of Vietnam.

Vietnam's aquatic product exports projected to reach 8.4 billion USD

Vietnam's aquatic product exports are forecast to rake in 8.4 billion USD this year, equivalent to the figure in 2020, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Vietnam's GDP growth may reach 8 percent in 2022: DBS

Singapore-based financial service supplier DBS has predicted that Vietnam's economic growth may reach 8 percent in 2022 thanks to rising flows of FDI and exports and digitalisation impetus.

Foreign investment disbursement reaches 23.2 percent

Disbursement of foreign capital for infrastructure construction only reached 23.2 percent of the plan as of October 15, 2019, reported the Finance Ministry on October 23.

Cambodia: Investments poured into construction sector increase

Cambodia's construction attracted a total investment of 6.49 billion USD in the first nine months of 2019, up 34.7 percent from 4.82 billion USD over the same period last year, said the Ministry of Land Management, Urban Planning and Construction (MLMUPC).

Vietnam, Japan share measures to cope with flash flood, landslides

A conference was held in Hanoi on October 11 to discuss cooperation between Vietnam and Japan in seeking measures and technology to mitigate damage from flash flood and landslides.

ADB helps Thua Thien-Hue mitigate risks of natural disasters

The Asian Development Bank (ADB) on October 10 launched a project to help mitigate risks of natural disasters in Hue imperial city, the central province of Thua Thien-Hue.

Vietnam's economic growth predicted to be higher than target

Experts from the Vietnam Institute for Economic and Policy Research (VEPR) have forecast that economic growth will reach 7.26 percent for the fourth quarter and 7.05 percent for 2019, compared to 6.6 – 6.8 percent as assigned by the National Assembly.

Vinh Phuc province streamlines administrative apparatus

The northern province of Vinh Phuc is pushing the review of functions, tasks, power and organization of provincial and district-level departments of the local administrations with a view to streamlining the apparatus.

Hai Duong's industrial production value rises 12.3 percent

Industrial production value of the northern province of Hai Duong hit 174.6 trillion VND (over 7.5 billion USD) in the first nine months of 2019, equivalent to 84.1 percent of the plan set for the year, and up 12.3 percent against that of the same period last year.

Jan-Sept period sees record number of new firms

Nearly 102,300 new enterprises were established in nine months of this year, a new record so far, with a total registered capital of over 1.29 trillion VND (56.08 million USD), reported the General Statistics Office.

PM gives greenlight to investment in Hai Phong container terminals

Prime Minister Nguyen Xuan Phuc has approved in principle the Hai Phong Port JSC's plan to invest in the construction of container terminals 3 and 4 at Lach Huyen Port, Hai Phong city.

Consumer price index expands 0.32 percent in September

The consumer price index (CPI) in September rose 0.32 percent over the previous month, said General Director of the General Statistics Office (GSO) Nguyen Bich Lam.

Ministry seeks bids from domestic investors for North-South Express

The Ministry of Transport has announced that they would cancel open international bidding for eight projects of the North-South expressway, in favour of domestic investors.

Green building week slated for late September

The 2019 Vietnam Green Building Week will take place in Hanoi from September 23 to 27 in response to the World Green Building Week this year.

Vietnam needs to renew property market to lure more foreign capital

Vietnam needs to renew its real estate market to attract more foreign investors and increase the quality of foreign direct investment (FDI) in the sector, according to experts.

Quang Tri – darling of foreign investors in energy

The central coastal province of Quang Tri has attracted many foreign investors in energy, from thermal, gas, to wind and solar power, which is a strength and a key industry of the locality.

Vinh Phuc takes measures to build e-government

The northern province of Vinh Phuc has showed active performance in applying information and communication technology in building e-government with fruitful results.

Leading steelmaker exports 165,000 tonnes in eight months

Leading steelmaker Hoa Phat shipped abroad 165,000 tonnes of construction steel in the first eight months of this year, up 38 percent year-on-year, according to the group.

FDI disbursement up despite decline in capital inflow

Disbursement of foreign direct investment (FDI) saw a positive yearly increase of 7 percent to nearly 12 billion USD in the first eight months of this year, despite a fall in new FDI registered in Vietnam.

Japan trader Hanwa buys 65 percent of Vietnamese steel coil plant

Hanwa Co., a Japanese firm trading in a wide range of products including steels and construction materials, has bought a 65-percent stake in a Vietnamese steel coil maker, according to NNA Japan.

Indian firms look to partner with HCM City in environmental treatment

Many Indian enterprises are interested in cooperating with Ho Chi Minh City in waste treatment and management, renewable energy and power generation.

HCM City attracts 4.19 billion USD in FDI in eight months

Ho Chi Minh City has attracted 4.19 billion USD in foreign direct investment (FDI) so far this year, up 21.7 percent year-on-year.

HCM City to combat laundering in real estate

The Ho Chi Minh City Department of Construction (DoC) has asked real estate companies, brokers and trading floors in the city to strengthen preventive measures against money laundering and terrorist financing.

Seminar introduces PPP infrastructure development opportunities

A seminar was held in Ho Chi Minh City on August 30 by the Japan International Cooperation Agency (JICA) to introduce investment opportunities in infrastructure under public-private partnership (PPP) model.