Trade – Investment

International express service provider DHL Express has announced the opening of a new cargo route between Ho Chi Minh City and the US in the context of strong growth in bilateral trade.

A moderate amount of Australian peaches and nectarines will be shipped to Vietnam in March and April, paving the way for a larger volume to reach the Vietnamese market in early December.

Many international organizations have forecast that Vietnam's economy will recover strongly in 2022 and achieve a higher growth rate than the Government’s target.

(CPV) - The seminar aims to inspire policy makers and local businesses to strengthen such social dialogues in the workplace, by using the Swedish experience from businesses and unions.

(CPV) - The Australian Government has committed 4.9 million USD to Ascend Vietnam Ventures (AVV) to support start-up businesses in Vietnam, with priority given to women-led businesses.

The Ministry of Industry and Trade and Samsung Vietnam on February 22 signed a Memorandum of Understanding on cooperation in smart factory development.

Two-way trade between Vietnam and India in 2021 surpassed 13 billion USD for the first time, up 36.5 percent compared to the previous year.

The volume of means of transport of goods entering and leaving through La Lay international border gate in Dakrong district and Lao Bao international border gate in Huong Hoa district in the central province of Quang Tri province increased sharply after the Lunar New Year.

Export-import turnover hit 21.41 billion USD in the first half of February, according to the General Department of Vietnam Customs.

Cashless payment has become more popular in all sectors, including restaurant and catering services, according to Winnie Wong, Mastercard’s Country Manager for Vietnam, Cambodia and Laos.

Executive Vice President of the European Commission (EC) Frans Timmermans and a delegation of the EC inspected the construction site of the Nhon-Hanoi Station section of the Hanoi urban metro project on February 19.

Exports of computers, electronic products and components hit 50.82 billion USD last year, putting it in second position in the group of key export products.

The Australian government is preparing for the pilot export of the country’s peaches and nectarines to Vietnam in the coming months, Minister for Agriculture David Littleproud has said.

Leaders of the northern province of Bac Giang on February 18 had a working session with Italian Ambassador to Vietnam Antonio Alessandro, during which they expressed their hope to partner with Italy in agricultural production and processing.

A one-month trial operation of an automatic system for collecting fees for use of infrastructure and public services at ports began in Ho Chi Minh City on February 16.

The southern hub sees 3 important traffic projects at the gateway to the city to be kicked off in 2022, according to the Ho Chi Minh (HCM) City Department of Transport.

Loc Troi Agricultural Products Joint Stock Company, a member of Loc Troi Group, announced that it has just completed the first shipment of more than 4,500 tons of rice in 2022, worth more than 3 million USD (about 80 billion VND), including fragrant rice, white rice, brown rice and sticky rice.

(CPV) - The Ministry of Agriculture and Rural Development has announced the Strategy for Sustainable Agriculture and Rural Development in the 2021-2030 period, with a vision to 2050.

The Ministry of Industry and Trade has received information from Lao Cai province and the Vietnam Trade Office Branch in Kunming, China, about the announcement of the suspension of import activities from Hekou district (China) due to the detection of COVID-19 cases inland.

In January 2022, Vietnam earned 30.84 billion USD from exports, while import value reached 29.45 billion USD.

The northern province of Hai Duong will organise its first-ever carrot harvest festival in Duc Chinh commune of Cam Giang district on February 15, Vice Chairman of the provincial People’s Committee Tran Van Quan said.

Vietnam’s Military Industry and Telecoms Group (Viettel) jumped 99 places to the 227th in the 2022 list of the world’s 500 most valuable and strongest brands recently announced by Brand Finance, an international brand valuation consultancy.

VinFast – the global electric vehicle (EV) maker from Vietnam – has announced it is hosting the VinFast California Roadshow until March 6, aiming to promote its electric SUV models VF 8 and VF 9 in the US market.

Ho Chi Minh City’s metro line No 1 between Ben Thanh Market in District 1 and Suoi Tien Theme Park in Thu Duc city will start trial operations by December 31 this year.

Vietnam exported 5.3 billion USD worth of goods to Canada in 2021, up 21 percent year-on-year despite facing challenges caused by the prolonged pandemic, according to the Vietnamese Trade Office in Canada.

Vietnam’s export-import turnover in the first month of 2022 valued at 58.5 billion USD, according to the General Statistics Office (GSO).

Vietnam is striving to sustainably develop its fishery and promote responsible practices while protecting and restoring aquatic resources and preserving biodiversity, according to a draft national plan on protecting and exploiting aquatic resources from 2021 – 2030, with a vision towards 2050.

India has decided to rescind the anti-dumping duty on flat rolled products of steel plated or coated with alloy of aluminum or zinc originating in or exported from Vietnam, the Republic of Korea (RoK) and China, according to the Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade.

Pangasius (tra fish) exports topped 1.61 billion USD last year, an 8.4 percent rise from 2020, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

The General Administration of Customs of China (GACC) on February 11 morning issued 1,601 codes for Vietnamese agricultural and food products serving their exports to the Chinese market.