Trade – Investment

(CPV) - In the context of the international trade market being more competitive than ever, the development of e-commerce has opened up new opportunities for export businesses.

(CPV) - Hanoi’s foreign investment capital (FDI) attraction in the first five months of the year ranks second nationwide, reaching nearly 1,120 billion USD and accounting for 10.3% of total registered investment capital, down 39% from the same period last year, according to the Foreign Investment Agency.

Vietnam's coffee export value to Spain have increased by more than 100%, according to the Agency of Foreign Trade under the Ministry of Industry and Trade.

Although Vietnam’s rubber market share in the US remains modest, the potential for the export of the product to the North American country is huge, according to the Agency of Foreign Trade (AFT) under the Ministry of Industry and Trade.

Two tonnes of fresh Vietnamese lychees, meeting GlobalGAP standards, arrived at Charles de Gaulle airport in Paris on May 28, marking the first shipment of this year's crop.

The Cau Mau People’s Committee has approved a plan to develop the province’s shrimp industry in the 2021-2030 period, with a vision to 2050, said the Department of Agriculture and Rural Development on May 27.

Vietnam’s total investment capital abroad reached 136.07 million USD from the beginning of the year to May 20, equivalent to to 43% over the same period, according to the General Statistics of Office (GSO).

Vietnam's industrial production has shown signs of recovery and positive growth despite ongoing challenges, the Ministry of Industry and Trade has assessed.

As of mid-May, Vietnam had spent US$725.6 million on importing vegetables and fruits, mainly from China and the United States, according to the General Department of Customs.

A delegation from the Petrovietnam Exploration Production Corporation (PVEP), led by Chairman of the PVEP Members Council Tran Quoc Viet, on May 24 held a working session with their colleagues of Russia's Zarubezhneft JSC in Russia to discuss potential cooperation areas.

(CPV) - The formation of the carbon credit market will help Vietnam achieve its net zero emissions goal by 2050. At the same time, Vietnamese businesses will also have many new opportunities from this hundred billion USD market.

Vietnam’s shrimp exports to the EU market reached 38 million USD in April 2024, up 28% over the same period.

The Vietnam Festival will take place at Yoyogi Park, Tokyo, on June 1-2 to enhance mutual understanding and strengthen bonds between the two peoples.

Indonesia hopes for further cooperation with the Mekong Delta city of Can Tho in rice exports and technology in the agricultural sector to increase rice supply in the Southeast Asian region, Indonesian Minister of Agriculture Andi Amran Sulaiman told Secretary of the municipal Party Committee Nguyen Van Hieu in Can Tho on May 20.

A forum has been held in Sydney to promote connecting and building partnerships between Vietnamese businesses and Australia's property developers and construction companies.

Hanoi is calling for investment in six urban areas projects in Dong Anh district worth a total of 34 trillion VND (1.3 billion USD).

The Mekong Delta city of Can Tho on June 18 exported two tonnes of green-peel elephant mango (Mangifera Indica) to Australia and the US.

The State Bank of Vietnam (SBV) on May 17 announced that it will hold two more gold auctions on May 21 and 23, each will offer 16,800 taels of SJC-branded gold bars.

Industrial parks in the southern province of Dong Nai continued to see a strong influx of foreign direct investment (FDI) in the first months of this year, which has surpassed the yearly target by nearly 20%.

The State Bank of Vietnam (SBV) on May 17 issued a decision to inspect the compliance with policies and laws in gold trading activities of credit institutions and gold trading enterprises.

The Government on May 17 issued a Resolution approving the proposal to draft amendments to the Housing Law and the Real Estate Business Law, specifically Clause 1 of Article 197 and Clause 1 of Article 82, respectively.

After negative growth in January 2024, credit in Ho Chi Minh (HCM) City grew again and maintained positive growth rate in February (0.01%); March (1.9%) and April (0.35%). In the first four months of the year, credit in the southern city rose by 1.31% compared to the end of 2023.

Ho Chi Minh City will implement 10 metro lines (more than 510 km) from now to 2060, with a total expected investment of more than 824 trillion VND (about 34.39 billion USD).

(CPV) - Implemented foreign direct investment (FDI) reached 6.28 billion USD in the first four months of 2024, a year-on-year increase of 7.4%, marking the highest four-month realized FDI capital over the past 5 years, according to the General Statistics Office (GSO).

The outstanding bonds of real estate enterprises totalled 350.88 trillion VND (13.79 billion USD) as of the end of March, according to a recent report of the Ministry of Finance (MoF).

The second phase of the Gender-Responsive Equitable Agriculture and Tourism (GREAT 2) programme was launched in the northern mountainous province of Son La on May 10.

Trade turnover between Vietnam and Laos in the first 3 months of 2024 reached more than 476 million USD, up 12% over the same period in 2023, according to the Vietnam Trade Office in Laos.

The project to promote gender equality through improving economic efficiency of agricultural production and tourism development in the northern mountainous province of Lao Cai was launched by the provincial People’s Committee and the Australian Embassy in Vietnam on May 8.

In April, Vietnam saw 226 more foreign investors being granted securities trading codes, said the Vietnam Securities Depository and Clearing Corporation (VSDC).

Vietnam’s pangasius exports reached 411 million USD in the first quarter of 2024, down 2.5% from the same period in 2023, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).