Overseas remittances to Ho Chi Minh City hit US$4.4 billion in first half (12/07/2023)
Overseas remittances to Ho Chi Minh City during the first half of the year stood at an estimated US$4.4 billion, equivalent to 66% compared to 2022’s figure, according to the latest report released by the Ho Chi Minh City People’s Committee.
Overseas remittances to Ho Chi Minh City during the first half of the year stood at an estimated US$4.4 billion, equivalent to 66% compared to 2022’s figure, according to the latest report released by the Ho Chi Minh City People’s Committee.
Intel to pour more investment in Vietnam (12/07/2023)
Intel Corporation will continue to invest in Vietnam, Kim Huat Ooi, Vice President in Manufacturing, Supply Chain and Operations, and General Manager of Intel Products Vietnam told Tuoi Tre (Youth) Newspaper.
Intel Corporation will continue to invest in Vietnam, Kim Huat Ooi, Vice President in Manufacturing, Supply Chain and Operations, and General Manager of Intel Products Vietnam told Tuoi Tre (Youth) Newspaper.
Vietnam remains attractive to European investors (12/07/2023)
Vietnam remains appealing to European investors amidst the tough global situation, according to the latest report by The the European Chamber of Commerce in Vietnam.
Vietnam remains appealing to European investors amidst the tough global situation, according to the latest report by The the European Chamber of Commerce in Vietnam.
Vietnamese lychee promoted in Japan (12/07/2023)
A cultural exchange promotion event and introducing Việt Nam lychee was organised at Kitahanada AEON Mall in Osaka, Japan in a series of activities to mark the 50th anniversary of Việt Nam-Japan diplomatic relations.
A cultural exchange promotion event and introducing Việt Nam lychee was organised at Kitahanada AEON Mall in Osaka, Japan in a series of activities to mark the 50th anniversary of Việt Nam-Japan diplomatic relations.
Export pressure on steel groups heightens (12/07/2023)
When competing with China’s massive output to meet the rising demand, Vietnam’s steel exports are hampered.
When competing with China’s massive output to meet the rising demand, Vietnam’s steel exports are hampered.
Agricultural exports sped up in last six months of 2023 (12/07/2023)
According to the Ministry of Agriculture and Rural Development (MoARD), in the first six months of 2023, China, the US and Japan continued to be the three largest export markets for Vietnam’s agricultural, forestry and fishery products. Export value to China, the US and Japan accounted for 21.4% (up 7.7%), 20.2% (down 32.9%) and 7.7% (down 5.3%), respectively.
According to the Ministry of Agriculture and Rural Development (MoARD), in the first six months of 2023, China, the US and Japan continued to be the three largest export markets for Vietnam’s agricultural, forestry and fishery products. Export value to China, the US and Japan accounted for 21.4% (up 7.7%), 20.2% (down 32.9%) and 7.7% (down 5.3%), respectively.
Acceleration of export orders help create momentum for Vietnam’s trade landscape (12/07/2023)
Vietnam’s export-import landscape is beginning to regain momentum on the back of some foreign markets gradually recovering.
Vietnam’s export-import landscape is beginning to regain momentum on the back of some foreign markets gradually recovering.
Vietnam targets EU lifting fishing yellow card in October (11/07/2023)
The government has requested fiercer solutions to prevent fishermen from operating illegally in foreign waters, to overturn the EU yellow card barrier to seafood exports.
The government has requested fiercer solutions to prevent fishermen from operating illegally in foreign waters, to overturn the EU yellow card barrier to seafood exports.
Industry and trade sector posts positive 1H (11/07/2023)
Industrial production at 98.8% of the figure in the first half of last year.
Industrial production at 98.8% of the figure in the first half of last year.
Vietnam becomes largest ASEAN trading partner of Cambodia: media (11/07/2023)
Vietnam became the largest trading partner of Cambodia among members of the Association of Southeast Asian Nations (ASEAN) as bilateral trade made up nearly 50% of the total between Cambodia and the countries in the first five months of 2023.
Vietnam became the largest trading partner of Cambodia among members of the Association of Southeast Asian Nations (ASEAN) as bilateral trade made up nearly 50% of the total between Cambodia and the countries in the first five months of 2023.
Vietnam Airlines transports fresh lychee to 7 countries in Europe, Asia (11/07/2023)
The volume of the fresh lychee exports transported by Vietnam Airlines flights in May, June and the beginning of July increased by 200% over the same period last year.
The volume of the fresh lychee exports transported by Vietnam Airlines flights in May, June and the beginning of July increased by 200% over the same period last year.
Foreign firms expect better business in Q3: EuroCham (11/07/2023)
The European Chamber of Commerce in Vietnam (EuroCham) on July 10 announced its Business Confidence Index (BCI) report for Vietnam in the second quarter of 2023, showing a 9% increase in the number of business leaders who positively assess their business prospects for the third quarter of 2023 compared to their assessment for the second quarter.
The European Chamber of Commerce in Vietnam (EuroCham) on July 10 announced its Business Confidence Index (BCI) report for Vietnam in the second quarter of 2023, showing a 9% increase in the number of business leaders who positively assess their business prospects for the third quarter of 2023 compared to their assessment for the second quarter.
Vietnam’s economic moment has arrived: Financial Times (11/07/2023)
The UK-based Financial Times has posted an article in which it assessed that after decades of showing promise, Vietnam’s economic moment may have finally arrived, and the country must capitalise on the manufacturing boom for its long-term development.
The UK-based Financial Times has posted an article in which it assessed that after decades of showing promise, Vietnam’s economic moment may have finally arrived, and the country must capitalise on the manufacturing boom for its long-term development.
Capital region’s second airport expected by 2050, to serve int’l flights (11/07/2023)
The investment is estimated at about VNĐ420 trillion (US$18 billion), mobilised from the State budget, non-budget capital and other legal capital sources.
The investment is estimated at about VNĐ420 trillion (US$18 billion), mobilised from the State budget, non-budget capital and other legal capital sources.
Singaporean interest in Vietnam flourishes (11/07/2023)
Singaporean and regional investment in Vietnam is expected to thrive in the months to come, following a number of cooperation agreements and commitments reached by the two governments last week.
Singaporean and regional investment in Vietnam is expected to thrive in the months to come, following a number of cooperation agreements and commitments reached by the two governments last week.
HCM City to create business-friendly environment to attract foreign investment (10/07/2023)
HCM City is committed to creating a “business-friendly environment” to attract foreign investment by enhancing its legal and regulatory landscapes, a senior official has said.
HCM City is committed to creating a “business-friendly environment” to attract foreign investment by enhancing its legal and regulatory landscapes, a senior official has said.
German companies have high expectations of VN market: survey (10/07/2023)
German businesses in Việt Nam are more confident about growth and have positive expectations about the country’s economic growth than they did in autumn 2022, according to a biannual survey.
German businesses in Việt Nam are more confident about growth and have positive expectations about the country’s economic growth than they did in autumn 2022, according to a biannual survey.
Ample room remains for food processing industry’s development (10/07/2023)
There remains an ample room for the food processing industry to develop further and attract more investment, experts have said at a recent seminar on new trends and technologies in the food processing field held in HCMC.
There remains an ample room for the food processing industry to develop further and attract more investment, experts have said at a recent seminar on new trends and technologies in the food processing field held in HCMC.
Standard Chartered forecasts 7 per cent growth rate for Vietnam in H2 (10/07/2023)
Standard Chartered Bank predicts that Vietnam’s economy will experience a rebound in the second half of the year, with a growth rate of 7 per cent on-year that is driven by improving trade data and the country’s economic openness and stability.
Standard Chartered Bank predicts that Vietnam’s economy will experience a rebound in the second half of the year, with a growth rate of 7 per cent on-year that is driven by improving trade data and the country’s economic openness and stability.
Durian usurps dragon fruit’s crown as Vietnam’s top fruit export (10/07/2023)
Durian has replaced dragon fruit as Vietnam’s biggest fruit export item after a 10-fold surge year-on-year to US$526 million in the first five months of this year.
Durian has replaced dragon fruit as Vietnam’s biggest fruit export item after a 10-fold surge year-on-year to US$526 million in the first five months of this year.
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