Trade – Investment

The program aims to form a network in the supporting industries by connections between Ho Chi Minh City and neighboring provinces.

(CPV) - With the spirit of “Solidarity - Democracy - Discipline - Creation - Development”, the 16th Ca Mau Party Congress (term 2020-2025) successfully closed on October 28 and fulfilled contents set by programs of the congress.

A meeting with overseas Vietnamese entrepreneurs was held in Ho Chi Minh City on October 27 to promote the strength of the oversea Vietnamese entrepreneur community for the development of the southern economic hub.

The Cai Mep International Terminal (CMIT) in Phu My township, the southern province of Ba Ria - Vung Tau has received Margrethe Maersk, one of the world’s largest container ships.

As of October 15, Vietnam’s import and export value reached more than USD413 billion, a rise of 2.3% (equivalent to USD9.27 billion) compared to the same period last year. In the first half of October, the country’s trade balance saw an excess of USD798 million.

The Vietnam Association of Fish Sauce (VAFS) was launched in Hanoi on October 27.

A trade working group within the framework of the Ministerial-level Vietnam-Australia Economic Partnership Meeting convened an online meeting on October 27.

(CPV) – A workshop to enhance competitiveness of the supporting industries in the context of supply chain diversification was held by the Embassy of Sweden on October 27, in Hanoi.

The Quang Trung General Port will ensure the capacity of receiving ships up to 50,000 DWT and is expected to receive ships of 70,000 DWT in the near future.

The Ha Do Group has officially inaugurated the 50-MWp Ha Do Ninh Phuoc solar power plant in Ninh Phuoc district in south-central Ninh Thuan province. This is a project to welcome the 14th Ninh Thuan Party Congress (term 2020-2025).

Over the past few years, the Party Committee, army and people of Ly Son Island district in the central province of Quang Ngai worked hard to overcome difficulties and focus on economic restructuring towards boosting agricultural development, in combination with building new-style rural areas.

After 3 serious working days in an atmosphere of democracy and solidarity with a high sense of responsibility, the 20th Quang Ngai Party Congress fulfilled the set programs and officially closed.

Recruitment needs, especially for medium- and high-level personnel, in the third quarter rose in the fields of fast-moving consumer goods, IT, energy and insurance, recruitment company Navigos Group said in a recent report.

The industry and trade sector will ensure enough essential consumer goods to meet shopping needs and promote market surveillance to prevent goods smuggling ahead of the traditional lunar new year holiday, the Tet, an official has said.

Power consumption increased significantly in September as the economy started to find its feet after COVID-19 was successfully contained in Vietnam, according to a recent report by Electricity of Viet Nam (EVN).

The top 500 profitable businesses (Profit500) and the 10 most prestigious firms in the food, beverage, retail, and packaging sectors in Vietnam in 2020 were announced at a ceremony in Hanoi on October 22.

A fair to promote agricultural trade and OCOP (One Commune One Product) products of Hanoi (Hanoi Agriculture Fair 2020) will be organized from November 5 to 9 at AEON Mall Long Bien and from November 19 to 23 at AEON Mall Ha Dong.

On October 21, Mr. Pham Viet Thanh, PCC member and Secretary of the provincial Party Committee, hosted a conference with branches, departments and localities to contribute ideas to key projects in the province.

EU-Vietnam Business Council (EVBC) was jointly launched on October 22 by the Vietnam Chamber of Commerce and Industry (VCCI) and the EU Chamber of Commerce in Vietnam in Hanoi, in light of the EU-Vietnam Free Trade Agreement (EVFTA) taking effect in August.

The international forum Franconomics, a multidisciplinary dialogue on important socio-economic topics of countries in the French-speaking community, opened in Hanoi capital on October 22.

As scheduled, the 8.5 kilometer overhead section will be put into commercial use in the second half of 2021, starting from Nhon to S8 Station while the remaining 4 kilometer underground section will be exploited in the second half of 2022.

The Canada Border Services Agency (CBSA) on October 16 made a final decision on the anti-dumping and countervailing investigation of certain corrosion-resistant steel (COR) sheets imported from several countries, including Vietnam, according to the Ministry of Industry and Trade’s Trade Remedies Authority.

CEO of German tech giant Siemens AG and Chairman of the Asia-Pacific Committee for German Business (APA) Joe Kaeser has called upon German firms to invest in Vietnam as part of efforts to diversify supply chains.

A connection conference has been organized by the Ho Chi Minh City Investment and Trade Promotion Center (ITPC) to bring Vietnamese goods into Big C and Go! supermarkets system in Vietnam and boost shipments to Thailand.

The Udmurtia Republic, a federal subject of Russia, is planning a webinar on November 17 to promote its export and investment potential to Vietnamese businesses and agencies.

Vietnam’s export goods face more trade remedies in the process of deep economic integration, so the Ministry of Industry and Trade has developed solutions for the situation.

TH Group on October 17 began the construction of a high-tech dairy farm project in Quang Hoa district, the northern mountainous province of Cao Bang.

From now to 2025, Hanoi strives to have from 150 to 180 products recognised as key industrial products, the Hanoi Department of Industry and Trade has said.

A webinar aiming to bolster trade between Vietnam and Russia was held on October 15.

The Ho Chi Minh City Centre of Supporting Industries Development (CSID), in association with Thien Viet Advertising and Trade Promotion Joint Stock Company, will organize a promotion fair from October 20 to 25, at the Phu Tho Gymnasium, Ho Chi Minh City.