Trade – Investment

This is the target identified by the Ho Chi Minh City’s People Committee in a recent report to the Ministry of Agriculture and Rural Development on registering the National Target Program on building new-style rural areas in the 2021-2025 period.

A supply and demand connection program between Ho Chi Minh City and other localities in 2020 will be organized from September 24 to 27 with the participation of 531 businesses and 9 big retail systems, said the Department of Industry and Trade.

Vietnam, the world's biggest producer of robusta, has become the top supplier of coffee beans for Japan as the consumption of instant coffee, which uses robusta, is soaring there amid the COVID-19 pandemic, according to the Nikkei Asia Review.

Vietnam and India boast huge potential for trade cooperation across spheres, particularly in technology, mechanics, machinery, and joining the global supply chains following the COVID-19 pandemic, heard a conference on September 22.

Vietnam will investigate signs of dumping of sugar imported from Thailand, said the Ministry of Industry and Trade (MoIT).

Some 126 tonnes of fragrant rice will be exported by the Loc Troi Group JSC in the Mekong Delta province of An Giang to the EU at zero tariffs at the end of September, under the EU-Vietnam Free Trade Agreement (EVFTA).

Turnover of Vietnamese tuna exported to the EU has increased in the double digits since the EU-Vietnam Free Trade Agreement (EVFTA) took effect at the beginning of August.

The People’s Committee of the northeastern province of Quang Ninh on September 22 held a ground-breaking ceremony for an automobile supporting industry complex of Thanh Cong Group JSC.

On September 21, a memorandum of understanding (MoU) was signed between the Ministry of Industry and Trade (MoIT), the People’s Committee of Bac Ninh province, and Samsung Electronics Vietnam, to support Vietnamese businesses operating in the northern province.

TH Group on September 18 began the construction of a high-tech, concentrated dairy cow project in Mo Rai commune, Sa Thay district, the Central Highlands province of Kon Tum.

For the first time in six months, Vietnam Airlines' first routine international commercial flight took off from Hanoi on September 19 morning, heading to Japan.

A dialogue between young Vietnamese and Singaporean enterprise leaders was held in the capital cities of Hanoi and Singapore on September 19, opening up many cooperative opportunities in start-ups for the youth from the two countries.

The northern Bac Ninh provincial Department of Science and Technology has coordinated with Yen Phong district People’s Committee to issue certificates of intellectual property protection for agricultural products and craft villages in Yen Phong.

Three leading energy businesses of Thailand recently signed a joint deal to develop the Quang Tri 1 thermal power plant in Vietnam.

An online Vietnam-Singapore investment promotion conference was held on September 17 with the participation of 500 enterprises from over 80 Singaporean business associations and chambers of commerce around the world.

Finland-based Evli Emerging Frontier Fund announced on September 16 that it purchased more 500,000 shares of Binh Duong Mineral and Construction Joint Stock Company (KSB) early this month.

Vietnam has been ranked second after the US on a list of the world's most active, dynamic and potential markets for merger and acquisition (M&A) deals this year.

The Dong Giao Foodstuff Export Joint Stock Company (Doveco) in the central highlands province of Gia Lai announced on September 16 the export of its first batch of 100 tonnes of passionfruit to the EU under the terms of the EU-Vietnam Free Trade Agreement (EVFTA).

The Ministry of Transport is scheduled open bids on five public-private partnership (PPP) component projects of the North-South Expressway from October 2-5.

The National Assembly Standing Committee on September 15 passed a resolution on allocating 274 billion VND (11.8 million USD) from the central budget’s reserves of 2020 to buy 23,000 tonnes of rice for the national reserves.

The US Agency for International Development (USAID) has conducted a preliminary survey on the Cat Lai Port project, said Director of the Ho Chi Minh City Customs Department Dinh Ngoc Thang.

The Ho Chi Minh City People’s Committee has assigned the Department of Planning and Architecture to complete the project of developing industrial infrastructure in the 2020-2045 period.

Cotton Day Vietnam 2020 will take place virtually on September 22, gathering leading scholars from Vietnam and the US.

An Thinh Garlic is the first product of the northern province of Bac Ninh, and one of just 84 products in Vietnam, to be granted geographical indication protection.

(CPV) - With the leadership of the Party and the efforts of the Government, loans of the Vietnam Bank for Social Policies (VBSP) have made many positive socio-economic impacts in recent years, ensuring the right and capacity of access to finance for disadvantaged groups in Vietnam.

Cambodia will open a new international border gate, named Prey Vor, in Svay Rieng province’s Kampong Ror district soon, to enhance cross-border trade with Vietnam.

The Ministry of Industry and Trade and Finance Ministry announced adjusting down petrol prices from 3pm on September 11.

Vietnam’s shrimp and tuna exports to EU markets showed signs of recovery in July and August despite the impact of COVID-19, rising slightly against previous months and the same period last year.

The Hoa Phat Dung Quat Steel Joint Stock Company shipped the first batch of S95 ground granulated blast furnace slag to Australia on September 10, where stern standards and stringent requirements are applied.

The Vietnam Report has just announced the Profit 500 list, featuring the top 500 most profitable enterprises in Vietnam this year.