Trade – Investment

The Sustainable Forestry Development Program for the 2021-2025 period sets a target of earning 20 billion USD from the export of timber and non-timber forest products by 2025.

The third edition of the biggest online shopping day in ASEAN (ASEAN Online Sale Day) will be held on August 8-10 to celebrate the 55th anniversary of ASEAN, said the Ministry of Industry and Trade.

The Ho Chi Minh City (HCMC) People's Committee on June 28 held the opening ceremony of the promotion fair themed “Shopping Season”.

Vietnam has signed a protocol on phytosanitary requirements for Vietnamese durian exported to China.

Vice Chairman of the Hanoi People's Committee Nguyen Manh Quyen signed and promulgated a plan realizing the program stabilizing the prices of essential commodities in the city in 2022.

The first forum on linkage for tourism development will be held by the Ho Chi Minh City People’s Committee, the city Department of Tourism and Association of Tourism on August 8-9, 2022, said Ms Nguyen Thi Khanh, Chairwoman of the city Association of Tourism.

The US Department of Commerce has extended the time to consider requests for investigation into the charge on trade remedy tax evasion regarding some steel pipe products, mostly those coded HS 7306.61 and 7306.30 imported from Vietnam, for another 30 days.

Vietnam’s total export turnover to Japan reached 11.38 billion USD in the first six months of 2022, up nearly 13% over the same period last year.

Deputy Prime Minister Le Van Thanh has just signed Decision 804/QD-TTg, dated July 8, 2022, announcing the list of 34 seaports in Vietnam.

The Vietnam Mango Association aims to associate members, support each other in production and business, and develop together; coordinate with localities to support mango producers and traders, build a mango supply chain.

Two-way trade turnover between Vietnam and Japan during the opening six months of the year hit more than US$20 billion, according to the latest figures released by the General Department of Vietnam Customs.

Vietnamese car manufacturer VinFast plans to open its six showrooms in Berkeley, Commerce, Corte Madera, San Diego, San Mateo, and Santa Monica in the United States next week.

“Hanoi Sales Promotion” 2022 opened on July 8 in Times City, Hoang Mai ward, Hanoi, aiming to stimulate consumer demand and tourism, ease difficulties, promote production and business, improve enterprise competitiveness, and develop business modes.

In the first 6 months of 2022, the total import and export turnover of goods in Bac Ninh province compared to the same period last year increased by 13.3%.

The General Administration of Customs of China (GACC) has agreed to pilot import of Vietnamese passion fruits starting in July, making it the 10th Vietnamese fruit to be allowed to enter the Chinese market, Deputy Director of the Plant Protection Department at the Ministry of Agriculture and Rural Development (MARD) Nguyen Thi Thu Huong said at a conference on July 7.

(CPV) – Vietnam Bank for Social Policies (VBSP) and MasterCard have held a signing ceremony on cooperation agreement for developing digital products and services for VBSP's customers, contributing to the national strategy on financial inclusion and digital transformation.

(CPV) - As of June 30, Vietnam Bank for Social Policies (VBSP) disbursed 8.896 trillion VND in preferential loans under the Socio-Economic Development and Recovery Program for more than 213,000 customers, said Mr. Duong Quyet Thang, VBSP General Director, in a recent meeting.

Indochina Kajima Development Company, a joint venture from Indochina Capital and Kajima Corporation, has recently launched Core5 Vietnam (www.c5ip.vn).

As of June 15, 2022, shrimp exports to the EU market reached 338 million USD, up 51% over the same period last year.

A delegation of 23 Vietnamese entrepreneurs, led by Deputy Minister of Industry and Trade Do Thang Hai, attended the Vietnam-Mexico Business Forum in Mexico City on July 4, aiming to seek cooperation opportunities with the host country’s partners.

PetroVietnam Coating JSC, a member of PetroVietnam Gas JSC, has won a contract to coat a 14-inch, 9.5km-long marine pipeline using anti-corrosion method and reinforced concrete as part of a mining project run by Thailand's PTTEP Group in Myanmar.

Vietnam’s aquatic exports spiked 40% year-on-year to reach nearly 5.8 billion USD in the first half of 2022, the Vietnamese Association of Seafood Exporters and Producers (VASEP) has reported.

Ho Chi Minh City has proposed an international transit terminal worth about 6 billion USD be built in Can Gio district, and this terminal will be able to handle the world’s largest cargo vessels at present.

The Trade Office of Vietnam in the UK in collaboration with the British importer of oriental food EUTEK Group has hosted Meet Vietnam in Nottingham to introduce Vietnamese products and promote opportunities for trade and investment between Vietnam and the British city.

The Philippine Tariff Commission (TC) has announced the final conclusion on a safeguard investigation on High-Density Polyethylene (HDPE) pellets imported from many countries, including Vietnam.

The Vietnam Business Association in Vientiane, Laos, on July 1 held its first congress for the 2022-2027 term.

The General Administration of Customs (GAC) of China has just approved the pilot import of Vietnamese passion fruits from July 1, according to the Vietnam Sanitary and Phytosanitary Notification Authority and Enquiry Point (SPS Vietnam).

Ho Chi Minh City is calling for investment into 197 projects in ten key areas, including infrastructure development, agriculture, industry, trade and services, healthcare, tourism, education and housing, an official told the Vietnam – Europe Business Forum in the southern largest economic hub on June 30.

GDP (Gross Domestic Products) in the second quarter of 2022 increased by 7.72% over the same period last year, higher than the growth rate of the second quarters in 2011-2021.

Vietnam enjoyed a trade surplus of 710 million USD in the first six months of 2022, the General Statistics Office (GSO) reported on June 29.