Trade – Investment

Three tonnes of mangoes, grown in Yen Chau district in the northern mountainous province of Son La, were packaged on June 19th for flying to the UK.

Two solar power plants were inaugurated in Thanh Thanh Cong industrial park in Trang Bang district, the southern province of Tay Ninh on June 19th.

The Vietnamese Government will work to remove bottlenecks and create the best conditions for enterprises from the Republic of Korea to operate in Vietnam, Deputy Prime Minister Vuong Dinh Hue stressed on June 19th.

Members of the European Union (EU) have expressed their wish to promote cooperation with Vietnam, including the earliest possible signing of the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Promotion Agreement (EVIPA), EU Trade Commissioner Cecilia Malmström has said.

An alliance has been set up with a view to promoting sustainable shrimp production, an important sector in Vietnam’s agriculture.

A solar power plant with a design capacity of 30MWp was inaugurated in Ninh Phuoc district, the south central province of Ninh Thuan on June 16th, in the presence of Standing Vice Chairwoman of the National Assembly Tong Thi Phong.

The Mekong Delta city of Can Tho will earmark 27ha of land for Vietnam Airlines to build an aviation logistics centre, Deputy Chairman of People’s Committee Truong Quang Hoai Nam has said.

Srpska President Željka Cvijanović has had a meeting with Vietnamese-origin billionaire Mai Vu Minh, Chairman of the Board of Directors of Germany-based SAPA Thale group, together with other leaders of the group on investment cooperation between Vietnam, Germany and the Republic of Srpska.

Orientations to develop Binh Phuoc cashew nut brand was the focus of discussion at a meeting between representatives from the People’s Committee of southern Binh Phuoc province, the Dutch Embassy and the Ministry of Agriculture and Rural Development on June 14th.

Cooperation in economy, trade, agriculture and logistics between Vietnam and China was highlighted at a seminar in Chengdu, the capital city of China’s Sichuan province, on June 13th.

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is opening the door wide for Vietnamese tra fish, a major foreign currency earner, to enter the markets of 10 other members of the deal.

The State Treasury has raised VND4 trillion (USD171.2 million) through Government bond auctions on the Hanoi Stock Exchange (HNX) this week.

Vietnam has become the second largest exporter of lychees in the world, accounting for 19 percent of the global market share, according to the International Society for Horticultural Science (ISHS).

Ho Chi Minh city attracted USD2.77 billion in foreign direct investment (FDI) in the first five months of 2019, up 49 percent year-on-year, reported the municipal People’s Committee.

(CPV) - Over 10 stalls of litchi and other typical agricultural products are on show during an event in Hanoi from June 7th-16th to provide key famous products of the northern province of Bac Giang.

Exports of the southern province of Binh Duong hit nearly USD10.4 billion in the first five months of 2019, a year-on-year rise of 12.2 percent, said Director of the provincial Department of Industry and Trade Nguyen Van Danh.

The Vina Japan Shirogane Logistics Centre was inaugurated at Phu My 3 Industrial Park, the central province of Ba Ria – Vung Tau, on June 7th.

A delegation from the National Assembly of Vietnam attended the Women Deliver 2019 Conference in Vancouver, Canada, from June 3rd-6th at the invitation of the Plan International – a humanitarian organisation that advances children’s rights and equality for girls.

A Vietnam fair was launched on June 7th at 46 supermarkets and malls of AEON group in Kanto region, including AEON Lake Town Mori in Saitama prefecture – one of three largest AEON malls.

The export value of forestry products in the first five months of 2019 hit USD4.25 billion, up nearly 20 percent year-on-year, according to the Vietnam Administration of Forestry under the Ministry of Agriculture and Rural Development (MARD).

Sichuan is looking for more tourists from Vietnam in the near future, according to Dou Wei Ping, vice director of the Sichuan Department of Culture and Tourism.

In May, the fisheries export gained an estimated value of USD728 million, bringing the sector's total export value in the first 5 months to USD3.2 billion, a year-on-year reduction of 1.7%, the Ministry of Agriculture and Rural Development (MARD) has reported.

The State Treasury of Vietnam mobilised more than VND11.93 trillion (USD512.99 million) through Government bond auctions on the Hanoi Stock Exchange (HNX) in May, down 5 percent against the previous month.

Vietnam recorded a trade deficit of USD1.3 billion in May, resulting in a total deficit of USD548 million for the first five months of the year, according to General Statistics Office (GSO)'s monthly report.

An event was held in Ho Chi Minh city on June 3rd to help start-ups from the Republic of Korea (RoK) to seek investment opportunities in Vietnam.

The retail prices of oil and petrol were adjusted down from 3 pm on June 1 following a decision made by the ministries of finance and industry and trade.

A new resolution has been published to ensure uniform implementation of the regulations against money laundering.

Export turnover of fruits and vegetables has exceeded USD1.6 billion since the beginning of 2019, a year-on-year rise of 8.9 percent.

Vietnam’s total retail sales of goods and services in the first five months of 2019 increased 11.6 percent year-on-year to 19.8 quadrillion (almost USD85 billion), according to the General Statistics Office (GSO).

The Vietnamese Business Club in Myanmar (VBCM) made its debut in Yangon on May 28th.