Trade – Investment

The 2020 Vietbuild International Exhibition with the theme real estate, architecture and interior and exterior decoration opened in HCM City on September 30, showcasing a wide range of products, technologies and services.

Vietnam’s economy recovered in the third quarter, but growth has come in slightly weaker than what Singaporean economists have expected.

At the 3rd Patriotic Emulation Congress of the industry and trade sector, the Ministry of Industry and Trade was honored to receive the Government’s Emulation Flag.

The 23 land areas which call upon investment have an area of more than 2,624 hectares, mostly agricultural land with potential value as planned and with waterway and road connections.

On September 29, the Commission for the Management of State Capital (CMSC) organized a seminar between heads of Vietnamese representative agencies abroad (term 2020-2023) and groups and member corporations.

The Vietnam Textile and Apparel Association on September 28 said that up to 70% of textile export revenue belongs to foreign-invested enterprises (FDI).

The number of newly-established enterprises and those recovering operations in Jan-Sep 2020 reached 133.600, a year-on-year rise of 2.9%, according to the General Statistics Office (GSO).

(CPV) – Ho Chi Minh City approved the city Department of Transport’s policy of investing in building 11 inland waterway wharves, said a representative of the city People’s Committee on September 28.

The gross domestic product (GDP) of Vietnam grew 2.12 percent year-on-year in the first nine months of 2020, according to the General Statistics Office (GSO).

Vietnam will focus on solutions to spur growth towards sustainability amidst the impact of COVID-19 during the 2021-2025 period, Minister of Planning and Investment Nguyen Chi Dung said on September 29.

The consumer price index (CPI) climbed 3.85 percent year-on-year between January and September, the highest nine-month CPI growth over the last five years, the General Statistics Office reported.

A virtual conference on trading in fruits and vegetables between Vietnam and the Netherlands was held on September 29 to match Vietnamese suppliers and potential Dutch importers, wholesalers and retailers.

Japanese Ambassador to Vietnam Yamada Takio and representatives of Japanese companies praised the potential, advantages, and investment attraction policies of northern Ha Nam province at a seminar on September 28.

(CPV) – The Vietnam Bank for Social Policies’ branches in Quang Binh and Quang Ninh have co-organized a meeting to train professional competence on managing policy credit capital.

(CPV) - A seminar teaching household finance principles for the poor and policy beneficiaries on mobile phones was organized by the Vietnam Bank for Social Policy and Oxfam in Vietnam on September 29, in Hanoi.

Deputy Prime Minister Truong Hoa Binh attended a ground-breaking ceremony for the Becamex VSIP Binh Dinh Township and Industrial Park on September 27.

The Embassy of Vietnam in Venezuela recently held a webinar on promoting Vietnam-Venezuela trade, investment and culture-tourism, with the participation of over 50 businesses of the two countries.

From now to the end of the year, Vietnamese grapefruits are expected to be shipped to the US, as the market is completing procedures for the export, said Mr. Hoang Trung, Director of the Plant Protection Department.

Construction started on two wind power projects in Vinh Chau town of the Mekong Delta province of Soc Trang on September 26.

The Ministry of Industry and Trade and the Ministry of Finance announced adjusting down petrol prices from 3 p.m on September 26.

The office market in Vietnamese cities like Hanoi and HCM City is likely to recover faster post-COVID-19 than other major cities in the Asia Pacific, experts have predicted.

More than 100 multinational groups from the EU operating in Singapore took part in an online conference on September 25 to gain insights into new investment and business opportunities in Vietnam following the EU-Vietnam Free Trade Agreement (EVFTA) taking effect.

Vietnamese tea, coffee and coconut products are among those on display at the international trade fair WorldFood Moscow 2020 underway in the Russian capital from September 22 – 25.

Timothy Westbrook, an expert from the US Department of Agriculture (USDA)’s Animal and Plant Health Inspection Service (APHIS), has completed his COVID-19 quarantined period and began his task at the HCM City-based Son Son irradiation centre.

The sixth ASEAN Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM) and related meetings will be held via video conference on October 1-2, heard a press conference in Hanoi on September 24.

Twenty-one exporters of Vietnam and nearly 20 importers from China’s Shanghai city gathered at an online business matching event on September 24 to seek to promote bilateral fruit trading which is believed to hold much room to grow.

The Ho Chi Minh City Department of Industry and Trade has organized a conference to find supporting industry suppliers, with the participation of 14 FDI businesses and 60 suppliers.

The Ho Chi Minh City Department of Industry and Trade has organized a conference to find supporting industry suppliers, with the participation of 14 FDI businesses and 60 suppliers.

The Vietnam Trade Office in Malaysia and the Vietnam Malaysia Business Association (VMBIZ) on September 23 signed a memorandum of understanding (MOU) on enhancing cooperation to boost trade and investment between the two countries’ businesses.

A delegation including Heads of overseas Vietnamese representative missions for the 2020-2023 term had a working session with the Ho Chi Minh City Business Association on September 23rd.