Trade – Investment

The southern province of Binh Duong has planned to develop 10 more industrial parks (IP) in the 2023 - 2030 period, according to head of the provincial Industrial Park Management Board Nguyen Trung Tin.

The Ministry of Transport has submitted a report to the Government regarding the implementation of a plan to ensure order and safety in railway corridors, as stipulated in the Prime Minister's Decision No. 994/2014/QD-TTg on ensuring road and railway transportation safety.

A delegation of 19 Vietnamese businesses, the Vietnam Organic Agriculture Association (VOAA), and several organic farming trainers will go to Australia to popularise various kinds of organic products from March 18-25.

VinFast Auto, a member of Vietnamese conglomerate Vingroup announced on March 15 that it has signed a distribution agreement with the Jospong Group of Companies, a leading multi-industry enterprise in Ghana to distribute its electric vehicles in the market and the West African region.

The Central Highlands province of Gia Lai needs to focus on administrative reform and give support to local enterprises so as to promote socio-economic development, Minister of Foreign Affairs Bui Thanh Son has said.

The southeastern province of Binh Phuoc has just had 27 more durian growing area codes approved by the General Administration of Customs of China, bringing the total number of durian growing area codes in the province to 65, according to the provincial Department of Agriculture and Rural Development.

Shrimp accounts for more than 60% of Vietnam's seafood export turnover to Australia in the first two months of 2024, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Deputy Prime Minister Tran Luu Quang on March 12 said that there remains ample room for the cooperation between Vietnam and Nordic countries as they have advantages to support and complement each other in many fields.

The Vietnam Bank for Social Policies (VBSP) met with the delegation of Ethiopian Microfinance Institutions (consisting of Chairman, Members in the Board of Directors and CEO) on March 12 to discuss social policy credit implemented by VBSP and microfinance in Vietnam.

Vietnam is importing meat and meat products from 37 markets, of which India is the largest supplier, reported the Ministry of Industry and Trade’s Import and Export Department.

In spite of slower starting point than other countries, Vietnam’s automobile manufacturing industry has recorded many outstanding developments. With VinFast's pioneering steps, the dream of bringing Vietnamese electric cars to the world has become a reality.

More than 100 businesses from six countries and territories are showcasing their products at an international outdoor lifestyle fair (Q-Fair) that opened in the south-central city of Quy Nhon, Binh Dinh province, on March 9.

Participants at an ongoing conference in Hanoi share views on how to develop the domestic pepper and spice sector sustainably and comprehensively in the time ahead.

Vietnam's telecom companies on March 7 entered a bidding race over the rights to develop and exploit the country's 5G 2500-2600 MHz band for the next 15 years.

Non-cash payment transactions increased by 63.3% in volume and 41.45% in value in January, compared to the same period last year, the State Bank of Vietnam (SBV) has announced.

Vietnam's tuna exports to the EU market in the first month of 2024 continued to surge compared to the same period last year, with an increase of 96%, worth more than 17 million USD, according to statistics from the General Department of Customs.

Vietnam and Australia on March 7 issued a joint statement on the elevation of their relations to a comprehensive strategic partnership on the occasion of official visit to Australia by Prime Minister Pham Minh Chinh, his spouse and a high-ranking delegation of Vietnam from March 7-9.

State budget revenue from export and import activities in the first two months of 2024 reached 56.42 trillion VND, equivalent to 15% of the estimate, a year-on-year decrease of 2.4%, according to the General Department of Customs.

Prime Minister Pham Minh Chinh attended the Vietnam - Australia Business Forum in Melbourne on March 5 morning (local time) as part of his ongoing trip to Australia to attend the ASEAN - Australia Special Summit and pay an official visit to Australia.

(CPV) - Vietnam is making efforts to transition from traditional energy sources, mainly coal and oil, to renewable energy sources to meet the needs of sustainable development and minimize negative impacts on the environment.

Vietnamese shrimp exports to China and Hong Kong (China) in January 2024 reached 42 million USD, a sharp increase of 275% over the same period last year.

Ho Chi Minh City ranked first in import-export value of the country, according to the latest customs statistics on import-export turnover of provinces and cities in January.

The Hoa Binh Department of Agriculture and Rural Development on February 28 coordinated with Minh Trung Company to export 40 tons of Bat Bao lotus porridge products to Japan.

Foreign direct investment (FDI) attraction reached more than 4.29 billion USD in the first 2 months of 2024, a year-on-year increase of 38.6%, according to the Ministry of Planning and Investment’s Foreign Investment Agency.

Vietnam’s seaport throughput in the first two months of 2024 is estimated to reach more than 111 million tons, an increase of 8% year on year, according to the Ministry of Transport’s Vietnam Maritime Administration (VMA).

In January 2024, the value of import and export goods cleared through the Ho Chi Minh (HCM) City Department of Customs rose by nearly 25% over the same period last year, worth about 9.74 billion USD.

From the beginning of 2024 to the end of February 14, Vietnam's trade balance enjoyed a trade surplus of 5.1 billion USD.

Cam Ranh International Terminal (CRTC) Joint Stock Company has signed an agreement with Changi Airports International (CAI) during the ongoing Singapore Airshow 2024 from February 20-25.

With robust export of fruits and vegetables, the industry has set a typical example for quick transformation in the context of economic difficulties to tap the potential and expand global reach.

The Vietnamese automobile market witnessed a significant sales decline in the first month of 2024, yet businesses and experts forecast that the market may see a breakthrough in the second half of the year.