President hopes for stronger trade ties with New Zealand (27/10/2021)
President Nguyen Xuan Phuc expressed his hope that trade between Vietnam and New Zealand will reach 2 billion USD in 2024 while receiving New Zealand Ambassador Tredene Dobson in Hanoi on October 26.

Seminar spotlights Vietnam’s economy, foreign trade in Algeria (27/10/2021)
The Vietnamese Embassy in Algeria and the local Centre for Research in Applied Economics in Development (CREAD) have organised a seminar on Vietnam’s economy and foreign trade in both online and face-to-face forms.

Fitch affirms Phat Dat’s issuer default rating at ‘B’ with stable outlook (26/10/2021)
Fitch assigned a long-term issuer default rating (LT IDR) of ‘B’ to Phat Dat Real Estate Development Corporation (HSX: PDR), reflecting the company’s healthy financial indicators and strong growth in Vietnam.

Billion-dollar projects removed from lineup of national investment projects (26/10/2021)
One energy project and three automotive projects will be removed from the list of projects calling for foreign investment in 2021-2025.

EVIPA ensures FDI flow in medium to long term (26/10/2021)
Foreign direct investment (FDI) is to continue flowing into Việt Nam from Europe in the medium to long-term thanks to the EU-Việt Nam Investment Protection Agreement (EVIPA), which was ratified in August last year, experts said.

Reference exchange rate down 7 VND (26/10/2021)
The State Bank of Vietnam set the daily reference exchange rate at 23,129 VND/USD on October 26, down 7 VND from the previous day.

Gas price hike not affecting GDP (25/10/2021)
The sharp increase in gas prices recently will surely affect the speed of economic recovery and increase prices of goods. However, this is not the time to intervene and regulate the domestic petroleum market through tax exemption or reduction.

Untying the knots hampering supporting industry growth (25/10/2021)
Developing supporting industries is one of the most important solutions for Vietnam to improve the quality and competitiveness of the economy, develop sustainably, and avoid the middle-income trap. Therefore, the government has been making efforts to promote this development through the revision of many important policies in a strategic, comprehensive, and synchronous manner.

Switzerland supports Vietnam in enhancing trade policy and export promotion (25/10/2021)
Switzerland and Vietnam signed an agreement on the implementation of the Trade Policy and Export Promotion (SwissTrade) project on October 22 to improve trade performance and international competitiveness of small- and medium-sized enterprises by enhancing the framework conditions for trade, improving public-private dialogue mechanisms, and strengthening the eco-system for trade promotion.

Vietnamese, Scotland firms jointly develop rooftop solar power (25/10/2021)
The Hoa Binh Construction Group (HBC) and Scotland’s Shire Oak International (SOI) have struck a strategic deal to develop rooftop solar power.

Rubber firms report surge in profits (25/10/2021)
Rubber prices have soared by 30-50 percent this year, driving up profits for companies in the industry by triple digits in Q3.

Climate-Smart Maps and Adaptation Plans (CS-MAP) launched (25/10/2021)
To help farmers manage climate-related risks such as flooding, drought and saline intrusion, the Ministry of Agriculture and Rural Development has launched the Climate-Smart Maps and Adaption Plans (CS-MAP).

Vietnam on track to achieve 600 billion USD in foreign trade: MoIT (25/10/2021)
The goal of 600 billion USD in foreign trade is likely to be realised by the end of the year because by October 15, the national import-export turnover had exceeded 510 billion USD, according to Agency of Foreign Trade under the Ministry of Industry and Trade (MoIT).

Vietnam trade to climb to new peak (25/10/2021)
Vietnam’s trade could reach a record high of $600 billion in 2021, the Ministry of Industry and Trade has said.

Vietnam, Canada seek to expand partnership in clean energy development (22/10/2021)
A workshop on cooperation opportunities in clean and renewable energy development between Vietnam and Quebec of Canada took place on October 21 in both online and face-to-face forms, attracting the participation of Canadian scholars and representatives from businesses of the two countries.

Reference exchange rate down 3 VND (22/10/2021)
The State Bank of Vietnam set the daily reference exchange rate at 23,142 VND/USD on October 22, down 3 VND from the previous day.

Rice husks: From waste to new green energy (22/10/2021)
Intensive efforts are underway with support from diverse stakeholders to promote the sustainable use of rice husks and other biomass resources for electricity and heat production throughout Vietnam.

Audiobooks becoming big business for apps (22/10/2021)
Homegrown audiobook apps have been soaring in popularity in Vietnam as people spent more time at home this summer, accelerating the shift of traditional book readers to digital sources.

The game-changer of RCEP for future regional trade windfalls (21/10/2021)
The Regional Comprehensive Economic Partnership (RCEP) is especially important today because you need to keep trade lanes open – and this is a trade-dependent region. But you also need to have new sources of economic growth. It seems clear that we are going to have an uneven recovery coming out of COVID-19, so you want to be harnessed to different possible engines to drive the recovery.

Local retailers fortify market share at home (21/10/2021)
As Hanoians were able to go out on the streets to get breakfast, a coffee, and enjoy the chilly early autumn air last week, the city’s retail market showed signs of improvement after a period of low growth in which the total retail sales of consumer goods and services in the first nine months of the year fell by 7.1 per cent over the same period in 2020.