Trade – Investment

(CPV) - By the end of November, Vietnam's rice exports reached nearly 7.8 million tons, with a turnover of 4.4 billion USD. These are record numbers for the rice industry since 1989 and are expected to continue rising through the end of 2023.

A delegation from the Binh Duong Furniture Association (BIFA) is attending the India International Furniture Fair (IIFF) in New Delhi from December 14-17.

Customs clearance for import-export activities through the Na Nua – Nahua border gate pair in Vietnam’s northern Lang Son province and China’s Guangxi province was resumed from December 14 after a nearly-four-year halt due to the COVID-19 pandemic.

(CPV) - General Director of Vietnam Bank for Social Policies (VBSP) Duong Quyet Thang on December 12 worked with the delegation of senior officials of the Ministry of Agriculture and Livestock Development of Nepal, led by Minister Bedu Ram Bhusal.

(CPV) – Vietnam Economic Forum at mid-point of the 13th National Party Congress term was held by the PCC’s Commission of Popularization and Education, Ho Chi Minh National Academy of Politics, National Political Publishing House and Communist Party of Vietnam Online Newspaper, on December 12, in Hanoi.

The implementation of Conclusion 01 of the Politburo associated with the Resolution of the 4th PCC meeting (term XII), Conclusion 21 of the Party Central Committee (term XIII) has created positive changes from awareness to action of officials and party members of the Party Committee of the Bank for Social Policies in Vinh Tuong district, Vinh Phuc province.

Vice Chairman of the Ho Chi Minh City People’s Committee Vo Van Hoan said on December 8 that the city is ready to welcome businesses in the semiconductor industry while receiving President and CEO of the US Semiconductor Industry Association (SIA) John Neuffer.

Total state budget collection in the northern province of Bac Ninh reached an estimated 26.49 trillion VND in the first 11 months of 2023, 83.8% of the year’s estimates, according to the provincial Department of Statistics.

(CPV) - The UN Development Programme (UNDP) and the Central Institute for Economic Management, Ministry of Planning and Investment (CIEM, MPI), co-hosted the third annual Viet Nam Economic Pulse (VEP) forum in Ha Noi on December 6th 2023.

Vietnam and Cambodia have officially launched a bilateral cross-border QR payment link, allowing their peoples to scan QR codes to make payments in each other’s country using their local currency.

Vietnamese handicraft producers are among nearly 2,600 companies from 86 countries taking part in "Artigiano in Fiera", an international craft exhibition running in Milan, Italy from December 2 to 10.

(CPV) - With an annual growth rate of 14 - 16%, logistics is one of the fastest growing fields in Vietnam in recent times.

Vietjet Air has inaugurated a new route connecting Ho Chi Minh City and China’s Shanghai, facilitating convenient and easy travel for both residents and tourists.

Vietnam’s standout farm produce and processed products are being showcased at the Indian Food Expo, which opened in Lucknow city, Uttar Pradesh state on December 1.

(CPV) - The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) introduces the premium Vietcombank Visa Infinite Credit Card, featuring a pair of unique and exquisite card designs on December 1st 2023 in Hanoi. This event once again affirms Vietcombank's leadership in the credit card sector in Vietnam, marking a significant milestone in the series of activities commemorating the bank's 60th anniversary of establishment (1963 – 2023).

(CPV) - Vietnam needs about 368 billion USD by 2040 to stay on track to achieve the net-zero emissions target, according to estimates by the World Bank (WB).

2023 Hanoi Culture and Food Festival will take place at the Thong Nhat Park from December 1-3 to honour, preserve and promote traditional cultural and cuisine values of the capital city while developing and effectively tapping the brand name of Hanoi culture, food and tourism and intensifying business cooperation opportunities in the locality.

Vietnam's Ong Cua ST25 rice has won the first prize at the World’s Best Rice 2023 competition, within the framework of the 2023 International World Rice Conference Summit in Cebu, Philippines from November 28-30.

Vietnamese Prime Minister Pham Minh Chinh and Vice President of the Republic of Türkiye Cevdet Yilmaz agreed on the need to increase practical, effective economic cooperation activities in order to soon bring the two-way trade to 4 billion USD at their talks in Ankara on November 29.

As many as 14,267 new businesses with a total registered capital of almost 153.6 trillion VND (6.3 billion USD) were established in November, respectively rising 19.5% and 47% year on year, said the Business Registration Management Agency under the Ministry of Planning and Investment.

Vietnam is exporting shrimp to about 100 countries and territories across the world, according to the General Department of Fisheries under the Ministry of Agriculture and Rural Development.

The Quang Tri Bank for Social Policies in the central province of Quang Tri has synchronously carried out many measures and solutions to timely convey policy credit capital, contributing to socio-economic development and realizing social security goals in the locality.

A meeting between the Board of Directors of the Vietnam Bank for Social Policies (VBSP) in Ha Giang and leaders of some departments, branches and socio-political organizations has been held to evaluate the results of implementing specific policies to support economic development of household gardens and sustainable development of Sanh orange trees in the province according to Resolution 58 of the provincial People’s Council.

The Vietnam Maritime Corporation (VIMC) recently signed a contract with the global research and strategic consulting firm Roland Berger to develop itself until 2030 with a vision to 2035.

The Vietnam-UK Business Forum 2023 took place in Hanoi on November 24, as part of activities held by the Joint Committee on Economic and Trade Cooperation between Vietnam and the UK (JETCO) to celebrate the 50th anniversary of their diplomatic ties.

Vietnam Textile and Apparel Association (VITAS) on November 23 announced that Vietnam’s textile and apparel exports are estimated to top 40 billion USD, about 9% less than that of last year.

Thanks to preferential loans, many poor, near-poor households and other policy beneficiaries in the Central Highlands province of Gia Lai and Pleiku city in particular have the opportunity to expand production and increase income to improve their lives.

Import value of phones and components of all kinds reached nearly 1.1 billion USD in October 2023, an increase of about 12% compared to the previous month, according to data from the General Department of Customs.

Connection Program between Canadian import businesses and Vietnamese small and medium-sized enterprises in the processed food industry is being held on November 20-22 by Vietnam Trade Promotion Agency (Vietrade) and Trade Facilitation Office (TFO) of Canada.

“Mat biec” (Dreamy Eyes), a movie by Victor Vu, has been screened in South Africa during the ASEAN Film Festival in the African country. This is the first time a Vietnamese film has been introduced to South African audiences.