Trade – Investment

As many as 500 exhibitors from 23 countries and territories are joining the 29th International Trade Fair (Vietnam Expo 2019) which runs from April on 10th-13th, in Hanoi.

Export turnover of agricultural, forestry and fishery products totaled USD3.3 billion in March 2019, bringing the sector’s value in the first three months to USD8.8 billion, a year-on-year decrease of 2.9%, according to the Ministry of Agriculture and Rural Development.

Ho Chi Minh City’s economy remained on the growth in the first quarter of this year, said Chairman of the municipal People’s Committee Nguyen Thanh Phong at a review meeting in early April.

Deputy Prime Minister Vuong Dinh Hue has urged domestic firms to embrace digital transformation at a recent business forum.

The Ministry of Finance (MoF) has announced the outcomes of the implementation of financial and budgetary tasks in the first quarter of 2019, noting that there was a state budget surplus during this period.

Vietnamese firms introduced their capacity for producing machinery and electrical products to Philippine partners during a business networking event in Hanoi on April 5th.

Despite of a series of safeguard measures on Vietnam’s iron and steel products over the past time, the export steel market still achieved a high growth rate, according to the Ministry of Industry and Trade’s Export and Import Department.

Vietnam saw 28,451 enterprises registered for new establishment in the first quarter of 2019, with a total capital of VND375.5 trillion, a 6.2% rise in number of enterprises and a 34.8% increase in capital compared to the same period last year.

The Mekong Delta city of Can Tho has worked to promote trade and investment cooperation with foreign partners, especially Japan.

Businesses should aim for sustainable economic development by using environmentally friendly production and “green” financial sources, experts have recommended.

Vietnam sees a new record in foreign investment capital in the first quarter of 2019, according to the Ministry of Planning and Investment’s Foreign Investment Agency.

Hanoi’s Consumer Price Index (CPI) in March decreased 0.13% from previous month and increased 4.05% from the same period last year, reported the city Statistics Office.

Two-way trade between Vietnam and Israel hit USD131.29 million in the first two months of 2019, with Vietnam enjoying a trade surplus worth USD77.47 million.

Deputy Prime Minister Vuong Dinh Hue welcomed Japanese-based J Trust Corp’s aspiration to involve in the restructuring of Vietnam Construction Bank (CBBank) during a reception in Hanoi on March 29th for its Senior Managing Director Nobiru Adachi.

Vietnamese Ambassador to Cambodia Vu Quang Minh on March 27th worked with Governor of Kampong Thom, Sok Lou about the operation of Vietnamese companies in planting, processing and exporting rubber, reported Nhan Dan Newspaper.

The Pha Rung Shipbuilding Company in the northern port city of Hai Phong has delivered an oil/chemical tanker with a capacity of 6,500 tons to a company of the Republic of Korea, reported Vietnam News Agency.

(CPV) - The Government of Germany always assists German companies to invest in and cooperate with Vietnamese enterprises and helps Vietnam to promote the country’s construction and development more sustainably.

(CPV) - Quang Ninh province maintains the top ranking in the 2018 Provincial Competitiveness Index (PCI) jointly launched by the Vietnam Chamber of Commerce and Industry and the US Agency for International Development (USAID) on March 28th.

Ho Chi Minh city has called upon investment in 245 socialized projects in 2019 in a recent meeting between leaders of the city and FDI enterprises.

A forum to promote trade between Vietnam and Canada has been co-organized in Hanoi by the Vietnam Chamber of Commerce and Industry (VCCI) and Canada Trade Link.

Vice Chairman of the Da Nang city People’s Committee Ho Ky Minh has stressed that Da Nang city wants to cooperate with Canadian agencies, organizations and businesses, especially in education and training, sustainable investment, smart city and climate change adaptation.

As many as 15 Vietnamese seafood exporters have joined the 2019 Seafood Expo North America, the biggest annual seafood fair in the region, from March 17th to 19th.

Leather, footwear and handbag export turnover is expected to reach USD22 billion in 2019, a growth of 11% from the previous year, Diep Thanh Kiet, Deputy Chairman of the Vietnam Leather, Footwear and Handbag Association, said in a recent conference.

Vietnam now exports 1 billion pairs of shoes per year and the nation is the second largest leather and footwear exporter in the world, according to experts at the Vietnam Footwear Summit 2019 which has held in HCM City.

Binh Son Refining and Petrochemical JSC (BSR) on March 22nd announced its financial reports 2018 with its total trade revenue far exceeded the targets.

The Binh Son Refining and Petrochemical JSC (BSR) on March 22nd organized a conference titled “BSR meets customers in 2019” in Nha Trang city, Khanh Hoa province.

Vietnamese products are being introduced at an annual trade fair of Cambodia’s Kampong Speu province, held from March 21st to 25th, reported Nhan Dan Newspaper.

(CPV) - The Vietnam Cooperative Alliance (VCA) wishes to share experiences in developing cooperative economy in Vietnam, as well as expect the cooperation between Vietnam and Laos in the field of cooperative economy.

A conference to introduce China Import and Export Fair (Canton Fair) and boost trade with the market was held on March 20th by the Vietnam Chamber of Commerce and Industry in Ho Chi Minh city, in association with China Foreign Trade Center.

(CPV) - The Vietnam Internet Forum (VIF) 2019, themed “Digital For Good”, kicked off on March 20th, in Hanoi in order to exchange views on how digitalisation can contribute to an innovative, open and sustainable society.