Trade – Investment

In Ho Chi Minh city, Saigon Co.op has nearly 200 supermarkets operating day and night to ensure the supply of food and necessities for people in the hub.

(CPV) - The Vietnam Bank for Social Policies’ branch in Hanoi held an online training course for nearly 80 chairpersons of the People’s Committees of communes and towns in the districts of Thuong Tin, Ung Hoa, and My Duc.

(CPV) - Thanks to synchronous management solutions, as of June 15, total credit in the economy expanded 5.1% from the end of 2020.

In the last 6 months of 2021, export turnover is expected to increase about 21.7%, while the figure of the year’s plan is 4-5%, according to the Ministry of Industry and Trade.

Many French customers tasted Vietnamese litchi for the first time and confirmed that it was “much better” than the Madagascar litchi they were familiar with.

The regular meeting of the Bac Ninh People’s Committee in June 2021 focused on discussing and giving opinions on the socio-economic situation report in the first half and tasks and solutions for the second half in the context of the COVID-19 epidemic.

Container cargo shipped through Vietnam’s seaports reached an estimated 4 million TEUs, up 17%; imported container cargo was estimated at over 4.1 million TEUs, up 26% and domestic container cargo posted more than 4.3 million TEUs, up 24%.

The Ministry of Agriculture and Rural Development (MARD) and the Korean International Cooperation Agency (KOICA) has signed documents on agricultural cooperation.

Two more trains with total six carriages for Ho Chi Minh City’s Metro Line No.1 (Ben Thanh-Suoi Tien) arrived in the city’s Khanh Hoi port from Japan on June 20.

The Vietnam International Expo on Support Industries and Processing - Manufacturing (VIMEXPO 2021) is scheduled to take place from October 27-29 at the International Centre for Exhibition (ICE) in Hanoi.

The Oil and Gas Group (PetroVietnam) on June 18 welcomed the first flow of gas from Su Tu Trang (White Lion) oil field in phase 2A.

In the first 5 months of 2021, the northern province of Bac Ninh attracted 75 new investment projects inside and outside the industrial park, the Provincial Department of Planning and Investment has reported.

(CPV) – In spite of the complicated development of the COVID-19 epidemic, the wood and furniture processing and exporting industry in Vietnam still achieves growth rates beyond expectations.

The Hanoi People’s Committee has issued a Plan implementing the One Commune One Product (OCOP) Program in 2021.

The Ho Chi Minh city People’s Committee has just issued a plan to realize the transport infrastructure development project for the period of 2021-2030, with a total expected investment of 970.65 trillion VND.

(CPV) - The Ministry of Industry and Trade has just issued Circular 02/2021/TT-BCT stipulating the rules of origin of goods in the Free Trade Agreement between Vietnam and the United Kingdom of Great Britain and Northern Ireland (UKVFTA), effective from July 26, 2021.

The steady population growth and rapid increase in consumer spending make the retail market in Vietnam attractive to foreign investors, according to Savills Vietnam.

(CPV) - A similar order is expected to be exported to France every week to explore the market and fulfil the plan of exporting more than 10 tons via air and sea for 2022.

Doosan Heavy Industries Vietnam Company (Doosan Vina) has delivered 1,560 tonnes of main structural equipment to the Jawa Thermal Power Plant in Indonesia after more than two months of production, the firm announced on June 15.

The Canada-ASEAN Business Council (CABC) has urged Canada to secure its economic interests with Vietnam as a key tenet of Canada’s evolving Indo-Pacific strategy, according to an article on Business in Vancouver weekly newspaper.

The manufacturing and processing sector has taken the lead in attracting foreign direct investment (FDI) since the beginning of this year, pulling in US$6.1 billion, or over 43 percent of the total.

Russia earned 130.5 million USD from exporting 63,500 tonnes of pork and viscera to Vietnam in 2020, equivalent to 25 percent of Vietnamese pork imports, thereby becoming the largest pork supplier to the Southeast Asian nation.

On June 8, the Ho Chi Minh City Department of Industry and Trade sent a dispatch to the Department of Planning and Investment proposing solutions to support businesses affected by the COVID-19 epidemic in 2021.

As many as 24 collectives and 13 individuals were awarded certificates of merit for their achievements in the implementation of the One Commune One Product (OCOP) Program in Hanoi until 2020.

Export value of vegetables and fruits nationwide reached 400 million USD in May 2021, a year-on-year rise of 48.3%, according to the Ministry of Agriculture and Rural Development.

From now to the end of 2021, the southern city will drastically and synchronously implement solutions to promptly remove barriers, difficulties and obstacles to speed up the implementation and disbursement of public investment capital. The disbursement rate is expected to reach 95% or more this year.

Total budget collection in Ho Chi Minh city reached an estimated more than 174.5 trillion VND in the first five months of the year, equivalent to 49% of the estimate and an increase of 22.8% compared to the same period last year, according to the city People’s Committee.

Twenty-one Vietnamese enterprises in supporting industries and 48 Japanese businesses took part in an online conference on June 10, where they exchanged information and sought partners.

Bac Giang’s lychee trademark is being protected in 8 countries, including China, the US, Japan, Australia, the Republic of Korea, Singapore, Laos and Cambodia.

The Tay Ninh provincial People’s Committee in collaboration with Cambodia’s Prey Veng province has announced the operation of the international border gate pair of Tan Nam (Tay Ninh) - Meun Chey (Prey Veng).