More attention likely in housing ownership (01/02/2024)
The National Assembly passed a new Law on Housing and new Law on Real Estate Business last November. Anh Le, managing partner at DN Legal, analyses a number of legal changes related to housing ownership of foreigners in Vietnam.
The National Assembly passed a new Law on Housing and new Law on Real Estate Business last November. Anh Le, managing partner at DN Legal, analyses a number of legal changes related to housing ownership of foreigners in Vietnam.
US to consider recognizing Vietnam’s market economy in 2024 (01/02/2024)
The US Chamber of Commerce is reviewing the process of recognizing Vietnam’s market economy status, hoping to make it in time by June 2024, revealed US Ambassador to Vietnam Marc Knapper.
The US Chamber of Commerce is reviewing the process of recognizing Vietnam’s market economy status, hoping to make it in time by June 2024, revealed US Ambassador to Vietnam Marc Knapper.
Jadestone signs agreement with PetroVietnam (01/02/2024)
Jadestone Energy plc, an independent upstream company focussing on the Asia-Pacific region, announced that it has signed a Heads of Agreement (HOA) with PetroVietnam Gas Joint Stock Corporation for the Gas Sales and Purchase Agreement (GSPA) relating to an offshore development in southwest Vietnam.
Jadestone Energy plc, an independent upstream company focussing on the Asia-Pacific region, announced that it has signed a Heads of Agreement (HOA) with PetroVietnam Gas Joint Stock Corporation for the Gas Sales and Purchase Agreement (GSPA) relating to an offshore development in southwest Vietnam.
Vietnamese spend $1.4 billion on online food deliveries (01/02/2024)
In 2023, Vietnamese people spent $1.4 billion on online food delivery platforms like Grab, ShopeeFood, Baemin, and GoJek.
In 2023, Vietnamese people spent $1.4 billion on online food delivery platforms like Grab, ShopeeFood, Baemin, and GoJek.
Vietnam is world’s second largest footwear exporter (01/02/2024)
Vietnam is the second largest exporter of footwear in the world, with its estimated export volume accounting for 10% of the world’s market share.
Vietnam is the second largest exporter of footwear in the world, with its estimated export volume accounting for 10% of the world’s market share.
Việt Nam trade offices will take new opportunities to achieve sustainable export (01/02/2024)
Việt Nam trade offices abroad need to provide information about market trends in countries and export opportunities to Việt Nam’s localities, associations and businesses, so they can review production and business plans, and create appropriate trade promotion plans.
Việt Nam trade offices abroad need to provide information about market trends in countries and export opportunities to Việt Nam’s localities, associations and businesses, so they can review production and business plans, and create appropriate trade promotion plans.
Agro-forestry-aquatic exports up 79% in January (01/02/2024)
Vietnam earned 5.14 billion USD from agro-forestry-aquatic exports in January, a year-on-year surge of 79.2%, the Ministry of Agriculture and Rural Development reported.
Vietnam earned 5.14 billion USD from agro-forestry-aquatic exports in January, a year-on-year surge of 79.2%, the Ministry of Agriculture and Rural Development reported.
Non-tariff barriers raise issues for improving competitiveness, compliance (01/02/2024)
The recent move by the European Union to increase official controls on several farm products from Việt Nam has notified producers and exporters of the importance of fully complying with the regulations of the import markets and improving competitiveness to make exports sustainable.
The recent move by the European Union to increase official controls on several farm products from Việt Nam has notified producers and exporters of the importance of fully complying with the regulations of the import markets and improving competitiveness to make exports sustainable.
A new property market cycle is beginning for Vietnam (31/01/2024)
The new Land Law should promote market mechanisms, regulate interest groups, put people first, and minimise disparities between real estate businesses.
The new Land Law should promote market mechanisms, regulate interest groups, put people first, and minimise disparities between real estate businesses.
IP developers hungry for financial bankroll (31/01/2024)
Limited financial resources for industrial park technical infrastructure is preventing new investments and project expansions.
Limited financial resources for industrial park technical infrastructure is preventing new investments and project expansions.
Remittances soar for Lunar New Year 2024 (31/01/2024)
The positive growth trend of remittances during festive seasons 2024 contributes to the stability of exchange rates, the foreign exchange market, and economic growth in Ho Chi Minh city.
The positive growth trend of remittances during festive seasons 2024 contributes to the stability of exchange rates, the foreign exchange market, and economic growth in Ho Chi Minh city.
FPT Long Chau and IHH Healthcare Singapore enter partnership (31/01/2024)
FPT Long Chau and top private healthcare provider IHH Healthcare Singapore signed a cooperation agreement on January 29 to enhance the quality of high-tech medical treatment available in Vietnam.
FPT Long Chau and top private healthcare provider IHH Healthcare Singapore signed a cooperation agreement on January 29 to enhance the quality of high-tech medical treatment available in Vietnam.
Vietnam fully taps CPTPP to push agro-forestry-fishery exports (31/01/2024)
Vietnam has recorded tangible changes in agro-forestry-fishery exports thanks to preferential tariffs in trade with member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) after five years the trade pact took effect.
Vietnam has recorded tangible changes in agro-forestry-fishery exports thanks to preferential tariffs in trade with member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) after five years the trade pact took effect.
Philippines - a high potential market for Vietnamese exports: office (31/01/2024)
Given its large population, diverse demand for goods and services, not too strict import standards, and production complementarities, the Philippines is a high potential market for Vietnamese exports, said the Trade Office of Vietnam in the archipelago nation.
Given its large population, diverse demand for goods and services, not too strict import standards, and production complementarities, the Philippines is a high potential market for Vietnamese exports, said the Trade Office of Vietnam in the archipelago nation.
Việt Nam has potential to promote livestock product exports to China (31/01/2024)
Việt Nam expects its agricultural export value to China to increase sharply this year, as China agrees to review regulations permitting official exports of poultry meat from Việt Nam to this market.
Việt Nam expects its agricultural export value to China to increase sharply this year, as China agrees to review regulations permitting official exports of poultry meat from Việt Nam to this market.
Halal certification must be from SFDA’s recognised bodies for goods to enter Saudi Arabia (31/01/2024)
Enterprises exporting to Saudi Arabia must be aware that the Saudi Food and Drug Authority (SFDA) only accepts Halal certification from the list of their verified and recognised bodies, the Import-Export Department under the Ministry of Industry and Trade has warned.
Enterprises exporting to Saudi Arabia must be aware that the Saudi Food and Drug Authority (SFDA) only accepts Halal certification from the list of their verified and recognised bodies, the Import-Export Department under the Ministry of Industry and Trade has warned.
Garment sector eyes 44 billion USD in export this year (30/01/2024)
The garment and textile sector has set a target of 44 billion USD in export turnover this year, up 10% year-on-year.
The garment and textile sector has set a target of 44 billion USD in export turnover this year, up 10% year-on-year.
About half of Japanese companies in Vietnam expect higher profits in 2024 (30/01/2024)
About half of Japanese companies operating in Vietnam expected improvements in profits in 2024, a survey conducted by the Japan External Trade Organisation (JETRO) found.
About half of Japanese companies operating in Vietnam expected improvements in profits in 2024, a survey conducted by the Japan External Trade Organisation (JETRO) found.
VN expected to earn $3.5 billion from durian exports (30/01/2024)
Besides the Chinese, consumers from other countries have begun buying more durian. It is estimated that durian exports could bring $3.5 billion to Vietnam in 2024.
Besides the Chinese, consumers from other countries have begun buying more durian. It is estimated that durian exports could bring $3.5 billion to Vietnam in 2024.
Trade surplus at $380mln in first half of January (30/01/2024)
Vietnam recorded total trade revenue of $29.78 billion in the first half of January, a year-on-year increase of 5.4 per cent, figures from the General Statistics Office (GSO) reveal.
Vietnam recorded total trade revenue of $29.78 billion in the first half of January, a year-on-year increase of 5.4 per cent, figures from the General Statistics Office (GSO) reveal.
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