EVFTA facilitates Vietnamese goods’ entry into French market: official (17/08/2023)
The European Union – Vietnam Free Trade Agreement (EVFTA) which took effect in August 2020, has created significant positive impacts on Vietnam’s exports to France, according to Vu Anh Son, head of the Trade Office of Vietnam in France.
The European Union – Vietnam Free Trade Agreement (EVFTA) which took effect in August 2020, has created significant positive impacts on Vietnam’s exports to France, according to Vu Anh Son, head of the Trade Office of Vietnam in France.
Firms asked to prepare contracts carefully before exporting to Egypt: official (17/08/2023)
Trade between Vietnam and Egypt sees a promising outlook as the market with a population of over 100 million people is paying more and more attention to Vietnamese agricultural products, said Head of the Trade Office at the Vietnamese Embassy in Egypt Nguyen Duy Hung.
Trade between Vietnam and Egypt sees a promising outlook as the market with a population of over 100 million people is paying more and more attention to Vietnamese agricultural products, said Head of the Trade Office at the Vietnamese Embassy in Egypt Nguyen Duy Hung.
Vietnam rubber exports go almost exclusively to China (17/08/2023)
Vietnam exported 757,600 tons of rubber for over US$1 billion to China in the first seven months of this year, accounting for 99.8% of its total rubber exports.
Vietnam exported 757,600 tons of rubber for over US$1 billion to China in the first seven months of this year, accounting for 99.8% of its total rubber exports.
Ho Chi Minh City and Bac Ninh report export turnover of more than USD20 billion in 7 months (17/08/2023)
According to the General Department of Customs, Ho Chi Minh City and Bac Ninh were two localities that recorded export turnover of goods exceeding USD20 billion.
According to the General Department of Customs, Ho Chi Minh City and Bac Ninh were two localities that recorded export turnover of goods exceeding USD20 billion.
Industry-trade ministry issues directive on rice export, supply stabilisation (16/08/2023)
The Ministry of Industry and Trade (MIT) on August 15 issued a directive on developing rice export markets and stabilising the domestic market amidst unpredictable changes in the global rice market to implement the Prime Minister’s instruction on promoting rice production and sustainable export, ensuring national food security.
The Ministry of Industry and Trade (MIT) on August 15 issued a directive on developing rice export markets and stabilising the domestic market amidst unpredictable changes in the global rice market to implement the Prime Minister’s instruction on promoting rice production and sustainable export, ensuring national food security.
Vietnam - Australia’s largest cotton importer (16/08/2023)
Vietnam is the largest cotton importer of Australia with 38.8% of the market share, according to the Australian Trade and Investment Commission (Austrade) which predicted that Vietnam will hold this position in following years.
Vietnam is the largest cotton importer of Australia with 38.8% of the market share, according to the Australian Trade and Investment Commission (Austrade) which predicted that Vietnam will hold this position in following years.
Coffee industry striving to adapt to EU’s anti-deforestation law (16/08/2023)
Vietnam’s coffee industry needs to take measures to adapt to a new European Union (EU) law that prevents the import of commodities linked to deforestation.
Vietnam’s coffee industry needs to take measures to adapt to a new European Union (EU) law that prevents the import of commodities linked to deforestation.
Ample room remains for Vietnam-Israel to boost trade, investment cooperation (16/08/2023)
There remains ample space for Vietnam and Israel to enhance their economic and trade cooperation, towards building a business ecosystem for their business communities in the time ahead, heard a forum in Ho Chi Minh City on August 15.
There remains ample space for Vietnam and Israel to enhance their economic and trade cooperation, towards building a business ecosystem for their business communities in the time ahead, heard a forum in Ho Chi Minh City on August 15.
South Korean tycoons compete with Vietnamese billionaires in $16 billion market (16/08/2023)
Many South Korean investors have recently injected big money into pharmacies, considered a sector with high potential in Vietnam. American and Japanese pharmacies have been present here for many years.
Many South Korean investors have recently injected big money into pharmacies, considered a sector with high potential in Vietnam. American and Japanese pharmacies have been present here for many years.
VN’s power plan lacks mechanisms to attract private investors (16/08/2023)
There are still issues to be resolved with the recently approved National Power Development Plan 8th (PDP8), namely how to attract and encourage private investors, including green financing from foreign financial institutions, according to the Ministry of Planning and Investment (MPI).
There are still issues to be resolved with the recently approved National Power Development Plan 8th (PDP8), namely how to attract and encourage private investors, including green financing from foreign financial institutions, according to the Ministry of Planning and Investment (MPI).
Masterise Homes teams up with branded furniture distributor Modale (16/08/2023)
Masterise Homes signed a cooperation agreement with the exclusive distributor for Modale on August 11, creating more value for customers. All furniture is imported from Europe, and consulting services and interior construction that is in line with international standards are available.
Masterise Homes signed a cooperation agreement with the exclusive distributor for Modale on August 11, creating more value for customers. All furniture is imported from Europe, and consulting services and interior construction that is in line with international standards are available.
Bond mobilisation needed for Ho Chi Minh City infrastructure (16/08/2023)
To realise its ambition of becoming Southeast Asia and Asia’s leading hub in multiple sectors, Ho Chi Minh City must bolster its infrastructure. With the city’s budget only covering 30-40 per cent of infrastructure costs, amidst an economic slump, there is an urgent need to devise strategies to entice international financing, potentially through bonds. A future financial centre could also be instrumental in this endeavour.
To realise its ambition of becoming Southeast Asia and Asia’s leading hub in multiple sectors, Ho Chi Minh City must bolster its infrastructure. With the city’s budget only covering 30-40 per cent of infrastructure costs, amidst an economic slump, there is an urgent need to devise strategies to entice international financing, potentially through bonds. A future financial centre could also be instrumental in this endeavour.
Thu Duc City, districts regulate their land prices (15/08/2023)
Mr. Phan Van Mai, Chairman of the HCMC People’s Committee, approved an ordinance empowering the Thu Duc City People’s Committee and districts to decide on land prices.
Mr. Phan Van Mai, Chairman of the HCMC People’s Committee, approved an ordinance empowering the Thu Duc City People’s Committee and districts to decide on land prices.
Vietnam’s real estate thirsty for M&A deals (15/08/2023)
Mergers and acquisitions between domestic and international real estate developers were down in the first half of the year, but could be a future bright spot with Vietnam boasting attractive economic fundamentals and investors biding their time.
Mergers and acquisitions between domestic and international real estate developers were down in the first half of the year, but could be a future bright spot with Vietnam boasting attractive economic fundamentals and investors biding their time.
Bright future for Vietnam’s foreign investment attraction: insiders (15/08/2023)
Vietnam’s foreign direct investment (FDI) attraction has seen signs of recovery after continuous declines over the past six months, becoming a driving force for the country’s economic growth in the medium and long term, said insiders.
Vietnam’s foreign direct investment (FDI) attraction has seen signs of recovery after continuous declines over the past six months, becoming a driving force for the country’s economic growth in the medium and long term, said insiders.
Vietnam expects stronger FDI inflows with large-scale projects (15/08/2023)
Foreign direct investment (FDI) inflows into Vietnam have gradually recovered with many large-scale investment projects following the COVID-19 pandemic as well as political and economic uncertainties in the world.
Foreign direct investment (FDI) inflows into Vietnam have gradually recovered with many large-scale investment projects following the COVID-19 pandemic as well as political and economic uncertainties in the world.
Sustainable production key for Vietnamese pepper to further enter EU: insider (15/08/2023)
Following sustainable development will help Vietnamese pepper further enter the EU where more and more consumers ask for certificates that prove the products’s sustainability, an insider has said.
Following sustainable development will help Vietnamese pepper further enter the EU where more and more consumers ask for certificates that prove the products’s sustainability, an insider has said.
Billion-dollar export sectors bring down targets amid low demand (15/08/2023)
Vietnam’s billion-dollar export industries such as cashew nuts, wood and seafood have all lowered their shipment targets for this year amid global economic challenges.
Vietnam’s billion-dollar export industries such as cashew nuts, wood and seafood have all lowered their shipment targets for this year amid global economic challenges.
Fruit and vegetable exports to bring in USD2.5-2.7 billion (15/08/2023)
Vietnam’s fruit and vegetable industry achieved a record of export growth in the first 7 months of this year, bringing in USD3.23 billion, up 68.1% over the same period last year. With the current growth rate, it is forecasted that in the remaining 5 months, fruit and vegetable exports will reach from USD2.5-2.7 billion, according to the Import and Export Department under the Ministry of Industry and Trade.
Vietnam’s fruit and vegetable industry achieved a record of export growth in the first 7 months of this year, bringing in USD3.23 billion, up 68.1% over the same period last year. With the current growth rate, it is forecasted that in the remaining 5 months, fruit and vegetable exports will reach from USD2.5-2.7 billion, according to the Import and Export Department under the Ministry of Industry and Trade.
Global risks leaving export target on edge (15/08/2023)
Dwindling demands in the global market are posing challenges for Vietnam to meet its considerable export target for this year.
Dwindling demands in the global market are posing challenges for Vietnam to meet its considerable export target for this year.
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