Trade – Investment

(CPV) - The Middle East and Africa, with great demand and not too strict product quality standards, are potential markets for Vietnam to export spices.

(CPV) - Hanoi collected more than 167.679 trillion VND to the state budget, 59.5% of the estimate, up 24.9% over the same period last year, higher than the country’s common growth rate (up 17.6%), according to the Hanoi Tax Department.

From July 25 to 26, leaders of the northern mountainous province of Hoa Binh and related departments and agencies attended the Trade Promotion Fair at the Square in front of Hakata Station, Fukuoka City, Japan.

Trade turnover between Vietnam and Laos reached more than 824 million USD in the first half of the year, an increase of 20.6% compared to the same period last year, according to Vietnam News Agency.

This goal will contribute to promoting the growth rate of labor productivity in agriculture, forestry and fishery by an average of 7% - 8% per year.

Vietnam’s agricultural exports need to adapt to China’s strengthened COVID-19 control rules and enforcement of Decrees 248 and 249, according to a workshop held in the city of Buon Me Thuot, the Central Highlands province of Dak Lak, on July 26.

Vietnam raked in 29.17 billion USD from phone and component exports during the first half of the year, representing a rise of 16.4% on-year, according to the General Department of Vietnam Customs.

Prime Minister Pham Minh Chinh has just signed Decision 884 dated July 23, 2022 establishing the State Steering Committee for important national and key projects in the Transport sector. He is the Head of the Steering Committee.

The manual is aimed at readers who are localities, industry associations, businesses and producers involved in the production and export chain of vegetables and fruits in particular to the Chinese market.

Amazon representative says Vietnam is the most vibrant online community in Southeast Asia and has many advantages when doing business on Amazon.

With 2-3 digit export growth, doors to China are opening to Vietnamese pangasius and shrimp, especially when this market loosens anti-epidemic regulations.

The Ho Chi Minh City Department of Taxation collected 173.439 trillion VND for the state budget in the first half of the year, 64.2% of the year’s estimate and a year-on-year increase of 23.3% thanks to the synchronous implementation of tax collection management solutions and support for people and businesses.

Businesses and agencies are operating 140 stalls at a trade fair promoting agricultural and One Commune, One Product (OCOP) goods of Hanoi and other localities, which opened in the capital’s Hoan Kiem Lake pedestrian area on July 22’s evening.

The four international exhibitions will be held in Ho Chi Minh City from August 3 to 5, scheduled to attract about 8,000 visitors.

Steel producer Hoa Phat Group has just signed a contract to export rebar to Mexico. This is the first order to be exported to the North American country, creating momentum to expand the consumption market for the group’s construction steel products.

Vietnam has one of the newest and most dynamic start-up scenes in Asia, and it has emerged as a hub for start-ups, according to the recently released Emerging Giants in Asia Pacific report.

(CPV) - The 15th International Exhibition on Electrical Technology and Equipment (Vietnam ETE 2022) and the 12th International Exhibition on Products and Technology of Energy Saving and Green Power (Enertec Expo 2022) opened at Saigon Exhibition and Convention Center in Ho Chi Minh city, on July 20.

The first Krong Pac Durian Festival will be held from September 1 to 3 in the Central Highlands province of Dak Lak, said the Krong Pac district People’s Committee in a recent press conference.

The Investment & Trade Promotion Centre (ITPC) of Ho Chi Minh City on July 19 launched the exhibition week on handicraft products and furniture, gathering more than 32 typical enterprises of the wood and handicraft industry.

(CPV) – Tuna export turnover in June 2022 reached 90 million USD, a year-on-year increase of 41%, bringing the value for the first half of the year to 553 million USD, a year-on-year rise of 56%, according to statistics of the General Department of Vietnam Customs.

More than 150 Indian firms operating in different spheres in India attended a trade promotion programme held by the Vietnamese Ministry of Industry and Trade in New Delhi on July 18.

Although the 2020-2022 period was a tough time for both State-owned and private enterprises due to macro-economic fluctuations after the COVID-19 pandemic, it provided a good chance for businesses that managed to exist and make breakthrough growth, according to a report by Vietnam Report JSC.

Deputy Prime Minister Le Van Thanh chaired a meeting of the Government's Steering Committee for the implementation of Long Thanh International Airport project on July 16, during which he asked for more efforts to ensure the project’s progress.

Finance Minister Ho Duc Phoc has had a working session with Secretary-General of United Nations Conference on Trade and Development (UNCTAD) Rebeca Grynspan, and Director General of the World Trade Organisation (WTO) Ngozi Okonjo-Iweal, as part of the activities in his working visit to Switzerland.

Fourteen auto brands have to date confirmed their participation in the Vietnam Motor Show 2022 – the largest of its kind in the Southeast Asian country.

Prime Minister Pham Minh Chinh attended the inauguration ceremony of Song Hau 1 Thermal Power Plant Project in Mai Dam town, Chau Thanh district, the Mekong Delta province of Hau Giang, on July 16.

Prime Minister Pham Minh Chinh on July 16 attended an investment promotion conference in the Mekong Delta province of Hau Giang.

A delegation of the Lao Federation of Trade Unions (LFTU) Central Committee led by its President Aly Vong Nor Bun Tham paid a working visit to the northern province of Ha Nam on July 16.

Property credit increased by 12.31% in the first five months, a higher growth rate than that of the same period in previous years, the State Bank of Vietnam (SBV) has said.

Vietnam is a rare country to maintain growth for 2 consecutive years since the pandemic and is currently considered a bright spot in the region due to its solid economic development potential and the ability to recover quickly after COVID-19.