Trade – Investment

With swift production recovery and continued growth, Vietnam's agricultural sector could potentially surpass the 60 billion USD export target, according to the Ministry of Agriculture and Rural Development (MARD).

With the current rising trend, trade between Vietnam and the Philippines is likely to exceed 8 billion USD for the first time to hit about 8.5 billion USD in 2024, with Vietnam’s surplus of more than 3 billion USD, according to the Vietnamese Trade Office in the Philippines.

The European-American Market Department under the Ministry of Industry and Trade (MoIT) will host the "Vietnam-EU Cooperation Forum 2024” in Ho Chi Minh City next month.

The Hanoi People’s Committee has just issued a decision to recognize the tourist destination of the bamboo and rattan weaving village in Phu Tuc commune, Phu Xuyen district.

Vietnam’s star anise exports reached 9,822 tons in the first nine months of 2023, worth nearly 47 million USD, in which India continues to be the country’s largest star anise export market.

Tea exports to the Chinese market increased sharply by 245.6% in volume and 108.8% in value compared to the same period in 2023.

The northern province of Bac Ninh achieved important results in socio-economic development in the first nine months of 2024 as its GRDP (Gross Domestic Regional Products) expanded by 5.52% compared to the same period last year.

High-quality Vietnamese agricultural and aquatic products are being introduced at the Good Food and Wine Show 2024 in Brisbane, Queensland, by the Vietnamese Embassy and Trade Office in Australia.

The Civil Aviation Authority of Vietnam (CAAV) has issued a document requesting the suspension of operations at four airports, including Da Nang, Phu Bai, Dong Hoi, and Chu Lai, due to impacts from typhoon Trami.

A delegation of the Commission for the Management of State Capital at Enterprises (CMSC) led by its Vice Chairman Nguyen Canh Toan had working sessions with representatives of the Italian insurance and finance group SACE, the CDP Group, and the SIMEST Group on October 24 and 25, as part of their ongoing working trip to Italy.

Fruit and vegetable export turnover reached 296 million USD in the first half of October, down 204 million USD compared to the second half of September, according to preliminary statistics recently released by the General Department of Customs.

Vietnam became the largest banana supplier to China in the first eight months of 2024, with an export volume of 459,940 tons, worth 189.82 million USD, up 19.6% in volume and 0.8% in value over the same period last year, according to data from the Chinese Customs.

Vietnam's exports to Singapore surged by 35.23% in September, maintaining a high year-on-year growth rate in the first nine months of 2024, at 31.55%.

Russia ranked fourth among the 81 countries and territories receiving Vietnamese investment, according to the Ministry of Planning and Investment.

(CPV) - With the goal of turning Hanoi into a center of innovation in Vietnam and the region, in recent times, the city has implemented synchronous solutions, focusing on building breakthrough and specific mechanisms for science and technology and innovation to become the driving force for the capital’s socio-economic development.

(CPV) - The EuroCham Vietnam Gala Dinner and Business Awards 2024, a signature annual event for the Europe-Vietnam business community, was held tonight at the Autograph Collection Hotel at Vinpearl Landmark 81 in Ho Chi Minh City.

Vietnam’s textile and garment industry is accelerating to achieve the export target of 44 billion USD this year, according to the Ministry of Industry and Trade.

With a high digital economic growth rate of about 20% per year, and the fastest rise in e-commerce in the ASEAN region, Vietnam is moving close to the position of top three biggest countries in the ASEAN region in terms of its digital economy.

Standard Chartered has revised up its forecast for Vietnam’s 2024 GDP growth to 6.8% from the previous 6.0%, reflecting the stronger-than-expected expansion in the third quarter of this year.

The Vietnamese Goods Week opened at Carrefour Collégie mega mart in Paris on October 18, drawing a large number of shoppers.

Prime Minister Pham Minh Chinh on October 19 emphasised the need for early preparations to ensure a stable and efficient electricity supply and national energy security, as Vietnam is advancing its industrialisation and modernisation efforts.

The Australia-Vietnam Policy Institute (AVPI) Conference 2024 was held in Adelaide city on October 17, under the theme of “Embracing transition, transformation and trust: Exploring the future of the Australia-Vietnam relationship”.

Hoa Phat Group has announced that its subsidiary Hoa Phat Refrigeration Company exported the first batch of Double Inverter two-door top-freezer refrigerators, with a capacity of 286 liters, to the US.

Vietnam is becoming a global automotive tyre manufacturing hub, with the export turnover of technical rubber products expected to reach 4 billion USD in 2024, according to Nguyen Quoc Anh, Chairman of the Ho Chi Minh City Rubber and Plastics Manufacturers Association.

Germany international broadcaster Deutsche Welle (DW) recently ran an article on its website spotlighting several factors driving Vietnam’s economic growth.

Vietnam imports corn from five major markets, with Argentina emerging as the largest supplier, accounting for 57% of the country’s total corn imports over the past nine months, according to the General Department of Vietnam Customs.

The Viettel Military Industry and Telecoms Group (Viettel) has, for the 9th consecutive year, been honoured as one of the 100 most valuable Vietnamese brands in 2024 by Brand Finance - the world's leading brand valuation consulting company.

Remittances sent by overseas Vietnamese to Ho Chi Minh City are expected to surge about 10% in 2024 from a record high of 9.46 billion USD in 2023, according to Nguyen Duc Lenh, Deputy Director of the State Bank of Vietnam (SBV)’s Ho Chi Minh City Branch.

The Hanoi Department of Industry and Trade on October 16 opened an exhibition showcasing key industrial products of the capital with the participation of over 200 booths from key industrial enterprises in Hanoi, as well as major domestic and foreign companies from across the country.

The 22nd Vietnam International Plastics and Rubber Industry Exhibition (VietnamPlas 2024) opened in Ho Chi Minh City on October 16 with 700 exhibitors from 20 countries and territories.