Trade – Investment

The consumer price index (CPI) between January and May increased by 2.74 percent from the same period last year – the slowest five-month pace over the last three years, according to the General Statistics Office (GSO).

Four Vietnamese firms have been named in this year’s Global 2000 list by Forbes, an annual ranking of the world’s biggest and most powerful public companies.

Export turnover of wood and wooden products reached nearly USD3.12 billion in the first four months of the year, a year-on-year increase of 18.3 percent, according to the General Department of Vietnam Customs.

Several leading Swedish businesses expressed their intention to expand investment in Vietnam, during a meeting with visiting Prime Minister Nguyen Xuan Phuc in Stockholm on May 27th.

The Viettel Military Industry and Telecoms Group (Viettel) on May 24th established Viettel High Technology Industries Corporation (VHT), its seventh subsidiary.

Vietnamese Prime Minister Nguyen Xuan Phuc had a meeting with leaders of leading Norwegian groups in Oslo on May 24th (local time) as part of his official visit to the European country.

Hanoi has become the leading locality nationwide in foreign direct investment (FDI) with total investment during the first four months of this year accounting for 30.6 percent of the total capital poured into the Vietnamese economy.

Vietnam is among top three ASEAN countries attracting Private Equity (PE) investment in term of deal value, according to a report just released by the auditing and business consulting firm Grant Thornton.

The economic, trade and investment relations between Vietnam and Norway have reaped positive outcomes in recent time, according to Minister of Industry and Trade Tran Tuan Anh.

The national flag carrier Vietnam Airlines should work to ensure safe and competitive services while operating flights to Russia as traveling between Vietnam and Russia is now more important than ever before when they are working to promote their comprehensive strategic partnership, particularly in trade and investment, said Prime Minister Nguyen Xuan Phuc.

(CPV) - During the past 25 years, the International Fund for Agricultural Development (IFAD) has financed 15 rural development projects in Vietnam, for a total cost of USD565.4 million, with an IFAD investment of USD377.5 million.

The first one commune – one product (OCOP) fair of the Mekong Delta region is scheduled from June 6th to 10th in Ben Tre province.

There remains much potential for expanding and diversifying trade between Vietnam and Brazil, and the countries’ governments should act to create conditions for that potential to be tapped into, said Brazilian Ambassador Fernando Apparicio da Silva.

The Indian-based group Hindustan Computers Limited (HCL) has plan to establish an information and technology (IT) centre in Ho Chi Minh City, which will provide training and recruite some 10,000 IT engineers in the next five years, said HCL Executive Vice President Sanja Gupta.

Vietnam welcomes and will create optimal conditions for the Japan Bank for International Cooperation (JBIC) and businesses from Japan to operate and take part in key projects on energy, industry, transport and infrastructure, a senior Vietnamese official has said.

The Trade Office of the Austrian Embassy made its debut in Ho Chi Minh city on May 16th, expected to help connect business communities of Vietnam and Austria in the future.

(CPV) - The international exhibition on construction was attended by 189 domestic enterprises, 72 joint venture enterprises and 54 foreign companies and corporations from 12 countries and territories; with more than 1,000 booths on display.

(CPV) - Deputy Prime Minister (PM) Trinh Dinh Dung hoped that enterprises of Vietnam and France would continue cooperating closer and expand investment cooperation in aviation and other fields; bringing benefits for both countries.

(CPV) - A report to examine the trends affecting the development of Vietnam’s digital economy until 2045 has been launched by CSIRO’s Data61, the data and digital specialist arm of Australia’s national science agency, and Vietnam's Ministry of Science and Technology.

Vietnamese tra fish, a major foreign currency earner, has gradually won the trust of Japanese consumers as seen in the market’s emergence as one of the 10 biggest tra fish importers of Vietnam.

A cooperation deal has been signed between the Vietnam Business Association for Cooperation and Investment in Laos (BACI) and the Young Entrepreneurs Association of Laos (YEAL), expected to open up more partnership chances for the countries’ businesses.

Onaga Company and N&G Group have signed a deal on promoting the establishment of Vietnam - Japan Techno Park.

Seventy-five businesses will be honoured with the Vietnam National Quality Awards 2018, of which 22 will be presented with the golden prize.

Vietnam exported 32,000 tonnes of peppercorn worth USD80 million in April 2019, up 19.3 percent in volume but down 6.4 percent in value compared to the same month last year.

A conference to seek methods towards boosting rice trade cooperation between Vietnam and China was held in the Mekong Delta province of An Giang on May 9th.

Fruit and vegetable export turnover reached an estimated USD462.4 million in April 2019, a 26.84% rise from the previous month and a 33.15 increase from the same period last year, according the Vietnam Fruit and Vegetables Association.

Sweden will help Vietnam in areas of its strength like energy saving, focusing on renewable energy development, Swedish Minister for Foreign Trade Ann Linde has said.

The Hai Phong International Container Terminal (HICT) of the Tan Cang Sai Gon Corporation welcomed its first container ship on May 7th.

A “Week of Vietnamese Goods in Thailand” will be held in from September 18th-22nd at Central World, Bangkok’s biggest shopping mall, according to Nick Reitmeier, Vice Executive President of Foothalls International Food & Alcohol Buying at Central Food Retail Co, Ltd. under Central Group, Thailand.

As many as 173 administrative procedures of 13 ministries and sectors have been connected to the National Single Window (NSW) window since it was implemented in 2015.