Vietnamese firms urged to shift to official cross-border exports (10/07/2023)
The Ministry of Industry and Trade (MoIT) is collecting opinions on amending and supplementing a number of articles of Decree No. 14/2018/ND-CP detailing border trade activities in order to speed up the shift to official export.
The Ministry of Industry and Trade (MoIT) is collecting opinions on amending and supplementing a number of articles of Decree No. 14/2018/ND-CP detailing border trade activities in order to speed up the shift to official export.
Efforts made to prevent decline in seafood exports (10/07/2023)
In the first six months of this year, seafood export turnover only reached 4.13 billion USD, down 27.4% over the same period in 2022. Export turnover of key seafood products decreased, such as 380 million USD in tuna (down 31%) and other aquatic commodities recording year-on-year decreases of 17-30%. In the seafood industry, localities and businesses have been focusing on implementing many solutions to prevent the decline in exports and overcome the difficult period.
In the first six months of this year, seafood export turnover only reached 4.13 billion USD, down 27.4% over the same period in 2022. Export turnover of key seafood products decreased, such as 380 million USD in tuna (down 31%) and other aquatic commodities recording year-on-year decreases of 17-30%. In the seafood industry, localities and businesses have been focusing on implementing many solutions to prevent the decline in exports and overcome the difficult period.
Vietnamese lychees available in Thailand’s supermarkets (10/07/2023)
The first batch of lychees of northern Bac Giang Province exported to Thailand via an official channel has been put on the shelves of Gourmet Market supermarkets in the import country, a representative of the provincial Department of Industry and Trade told Tuoi Tre (Youth) newspaper on Saturday.
The first batch of lychees of northern Bac Giang Province exported to Thailand via an official channel has been put on the shelves of Gourmet Market supermarkets in the import country, a representative of the provincial Department of Industry and Trade told Tuoi Tre (Youth) newspaper on Saturday.
Vietnam-Singapore trade and investment likely to flourish (07/07/2023)
Is it feasible for Singaporean investors to invest all foreign capital in Vietnam’s market? How much time is required to open a bank account, the duration from preparing the application dossier to obtaining the licence? Is there a faster way to find local business partners?
Is it feasible for Singaporean investors to invest all foreign capital in Vietnam’s market? How much time is required to open a bank account, the duration from preparing the application dossier to obtaining the licence? Is there a faster way to find local business partners?
HSBC lowers Vietnamese GDP growth forecast to 5% (07/07/2023)
Despite Vietnam’s GDP in the second quarter rising by a higher-than-expected pace of 4.1% on-year, HSBC reduced the growth forecast for 2023 to 5.0% from the previous figure of 5.2% due to mounting broad-based challenges.
Despite Vietnam’s GDP in the second quarter rising by a higher-than-expected pace of 4.1% on-year, HSBC reduced the growth forecast for 2023 to 5.0% from the previous figure of 5.2% due to mounting broad-based challenges.
Long Thanh terminal construction set to begin in August (07/07/2023)
Airports Corporation of Vietnam (ACV) has unveiled plans to commence the construction of a $1.46 billion passenger terminal at the forthcoming Long Thanh International Airport in August, marking a significant milestone in the nation’s ambitious three-phase airport project.
Airports Corporation of Vietnam (ACV) has unveiled plans to commence the construction of a $1.46 billion passenger terminal at the forthcoming Long Thanh International Airport in August, marking a significant milestone in the nation’s ambitious three-phase airport project.
Vietnam considers France one of its priority partners, says PM (07/07/2023)
Vietnam considers France as one of its priority partners on the basis of sincerity and trust, while valuing France’s role in the international arena and the two countries’ cooperation at multilateral forums, said Prime Minister Pham Minh Chinh.
Vietnam considers France as one of its priority partners on the basis of sincerity and trust, while valuing France’s role in the international arena and the two countries’ cooperation at multilateral forums, said Prime Minister Pham Minh Chinh.
HCM City’s export turnover drops 22.4% in H1 (07/07/2023)
Ho Chi Minh City’s export turnover in the first half of this year reached an estimated 19.42 billion USD, down 22.4% year-on-year.
Ho Chi Minh City’s export turnover in the first half of this year reached an estimated 19.42 billion USD, down 22.4% year-on-year.
Việt Nam sees prospects to increase rice exports in H2 (07/07/2023)
Việt Nam has bright prospects for rice exports in the second half of this year due to increasing demand for rice in the world market, according to the Minister of Agriculture and Rural Development (MARD).
Việt Nam has bright prospects for rice exports in the second half of this year due to increasing demand for rice in the world market, according to the Minister of Agriculture and Rural Development (MARD).
VSA calls for technical barriers on steel imports (07/07/2023)
The Vietnam Steel Association (VSA) has proposed the Government set up technical barriers and quality inspection procedures for steel imports into Vietnam.
The Vietnam Steel Association (VSA) has proposed the Government set up technical barriers and quality inspection procedures for steel imports into Vietnam.
EU considered potential destination for Vietnamese rice (07/07/2023)
The EU - Vietnam Free Trade Agreement (EVFTA) has opened up unprecedentedly big opportunities for Vietnamese rice export. Thanks to preferential tariffs, the shipments of fragrant and high-quality rice to the EU have reaped encouraging results.
The EU - Vietnam Free Trade Agreement (EVFTA) has opened up unprecedentedly big opportunities for Vietnamese rice export. Thanks to preferential tariffs, the shipments of fragrant and high-quality rice to the EU have reaped encouraging results.
Việt Nam likely to keep inflation below 4.5% in 2023: Economists (06/07/2023)
The goal of keeping inflation under 4.5 per cent this year is totally feasible, as the rate will likely range between 2.5 and 3.5 per cent, experts said at a seminar held in Hanoi on Tuesday.
The goal of keeping inflation under 4.5 per cent this year is totally feasible, as the rate will likely range between 2.5 and 3.5 per cent, experts said at a seminar held in Hanoi on Tuesday.
Conference highlights role of green hydrogen in Vietnam’s energy transition (06/07/2023)
A conference was held in Hanoi on Tuesday to evaluate the role of green hydrogen in Việt Nam’s energy policy, contributing to implementing the National Power Development Plan for the 2021-30 period.
A conference was held in Hanoi on Tuesday to evaluate the role of green hydrogen in Việt Nam’s energy policy, contributing to implementing the National Power Development Plan for the 2021-30 period.
UK businesses seeking investment in Vietnam’s high-tech industry (06/07/2023)
Representatives from eleven high-tech enterprises in the UK have paid a visit to Vietnam to seek investment and business opportunities.
Representatives from eleven high-tech enterprises in the UK have paid a visit to Vietnam to seek investment and business opportunities.
Positive signs in FDI inflows in H1 (06/07/2023)
Despite a 4.3% reduction in the volume of foreign investment inflows into Vietnam in the first half of the year, experts said there are positive signs when looking into the structure of the investment.
Despite a 4.3% reduction in the volume of foreign investment inflows into Vietnam in the first half of the year, experts said there are positive signs when looking into the structure of the investment.
OVs help popularise Vietnamese products (06/07/2023)
The more than 5 million Vietnamese people living and working in 130 countries have helped bring Vietnamese goods, especially farm produce, to the world.
The more than 5 million Vietnamese people living and working in 130 countries have helped bring Vietnamese goods, especially farm produce, to the world.
Import, export value of Vietnamese goods estimated at US$56.01 billion in June (06/07/2023)
This afternoon, the Vietnam Customs informed that the import and export value of Vietnamese goods was estimated at US$56.01 billion in June, up 3.6 percent over the previous month or an increase of $1.93 billion.
This afternoon, the Vietnam Customs informed that the import and export value of Vietnamese goods was estimated at US$56.01 billion in June, up 3.6 percent over the previous month or an increase of $1.93 billion.
Seafood exports down 27% in 1H (06/07/2023)
Vietnam earned nearly $4.2 billion from seafood exports in the first half of this year, down 27 per cent compared to the same period last year, according the Vietnam Association of Seafood Exporters and Processors (VASEP).
Vietnam earned nearly $4.2 billion from seafood exports in the first half of this year, down 27 per cent compared to the same period last year, according the Vietnam Association of Seafood Exporters and Processors (VASEP).
Webinar on contract negotiation, signing with Indian partners (06/07/2023)
The Vietnam Trade Office in India held a webinar on July 5 to discuss several notes during the negotiation, signing and implementation of contracts with Indian partners, with about 150 business representatives interested in the Indian market taking part.
The Vietnam Trade Office in India held a webinar on July 5 to discuss several notes during the negotiation, signing and implementation of contracts with Indian partners, with about 150 business representatives interested in the Indian market taking part.
Vietnamese prime minister orders rice export expansion (05/07/2023)
Vietnamese Prime Minister Pham Minh Chinh has issued a telegram asking relevant ministries and departments to boost rice production and expand rice exports.
Vietnamese Prime Minister Pham Minh Chinh has issued a telegram asking relevant ministries and departments to boost rice production and expand rice exports.
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