Remittances – important resource for socio-economic development (06/02/2024)
The increasing inflow of remittances to Vietnam over the years has increased the foreign currency reserve while helping enterprises expand production and business, thus creating an impetus for socio-economic development, according to economists.
The increasing inflow of remittances to Vietnam over the years has increased the foreign currency reserve while helping enterprises expand production and business, thus creating an impetus for socio-economic development, according to economists.
HEINEKEN teams up with Red Cross to bring happy Tet to underprivileged communities (06/02/2024)
Aiming to support the under-privileged communities after a challenging 2023, HEINEKEN Vietnam organised the “HEINEKEN Cares - Joining Hands towards a happy and healthy Tet” programme in collaboration with the Vietnam Red Cross Society.
Aiming to support the under-privileged communities after a challenging 2023, HEINEKEN Vietnam organised the “HEINEKEN Cares - Joining Hands towards a happy and healthy Tet” programme in collaboration with the Vietnam Red Cross Society.
Envision Energy becomes largest Chinese turbine provider (06/02/2024)
According to a report from the China Wind Power Database, Envision Energy now ranks first out of 14 turbine manufacturing contractors for the total capacity of its wind power projects, with 22,526MW. Goldwind Technology is now ranked second with 20,632MW.
According to a report from the China Wind Power Database, Envision Energy now ranks first out of 14 turbine manufacturing contractors for the total capacity of its wind power projects, with 22,526MW. Goldwind Technology is now ranked second with 20,632MW.
Food security tops agenda in new ties with Philippines (06/02/2024)
Vietnam and the Philippines will increase their bilateral trade and investment ties, with a focus placed on rice exports to help ensure food security.
Vietnam and the Philippines will increase their bilateral trade and investment ties, with a focus placed on rice exports to help ensure food security.
Footwear exports show positive signs in initial months (06/02/2024)
Data released by the General Statistics Office (GSO) shows that in January, footwear exports reached US$1.85 billion, an annual rise of 35%.
Data released by the General Statistics Office (GSO) shows that in January, footwear exports reached US$1.85 billion, an annual rise of 35%.
Vietnam becomes biggest importer of Argentine farm produce (06/02/2024)
In 2023, for the second consecutive year, Vietnam surpassed China to become the largest importer of agricultural products from Argentina in terms of volume, according to Argentine media.
In 2023, for the second consecutive year, Vietnam surpassed China to become the largest importer of agricultural products from Argentina in terms of volume, according to Argentine media.
Vietnam maintains its position as South Korea’s 3rd-largest trading partner (06/02/2024)
Position held for the second year running in 2023 despite a decline in both exports and imports.
Position held for the second year running in 2023 despite a decline in both exports and imports.
Việt Nam, China to work on farm produce exports, East Sea issues (06/02/2024)
Minister of Foreign Affairs Bùi Thanh Sơn received Chinese Assistant Minister of Foreign Affairs Nong Rong, who is also Secretary General of the China-Việt Nam Steering Committee for Bilateral Cooperation, in Hà Nội on Monday.
Minister of Foreign Affairs Bùi Thanh Sơn received Chinese Assistant Minister of Foreign Affairs Nong Rong, who is also Secretary General of the China-Việt Nam Steering Committee for Bilateral Cooperation, in Hà Nội on Monday.
B2C E-commerce to be Vietnam’s fifth largest export industry in five years (05/02/2024)
The cross-border B2C E-commerce (consumer-facing segment of e-commerce) is set to grow strongly in 2027 and become the fifth largest export industry in Vietnam in the next five years, according to Amazon Global Selling.
The cross-border B2C E-commerce (consumer-facing segment of e-commerce) is set to grow strongly in 2027 and become the fifth largest export industry in Vietnam in the next five years, according to Amazon Global Selling.
Việt Nam, China see surge in border trade, with more to come (05/02/2024)
Trade activities between Việt Nam and China have been busy since the beginning of 2024, with a series of border gates reopened and upgraded.
Trade activities between Việt Nam and China have been busy since the beginning of 2024, with a series of border gates reopened and upgraded.
Cross-border e-commerce Vietnam’s next big thing in exports: Amazon (05/02/2024)
Cross-border e-commerce is expected to be fifth highest in the list of Vietnam’s exports by 2027 with a value of US$12 billion, according to U.S. e-commerce giant Amazon.
Cross-border e-commerce is expected to be fifth highest in the list of Vietnam’s exports by 2027 with a value of US$12 billion, according to U.S. e-commerce giant Amazon.
Vietnam to cash in on FTAs, trade promotions to boost exports (05/02/2024)
The Ministry of Industry and Trade (MoIT) will capitalise on signed free trade agreements (FTAs) to diversify markets, step up trade promotions and shift to exports through official channels with a view to gaining 377 billion USD in export revenue this year.
The Ministry of Industry and Trade (MoIT) will capitalise on signed free trade agreements (FTAs) to diversify markets, step up trade promotions and shift to exports through official channels with a view to gaining 377 billion USD in export revenue this year.
Terrific advances in Vietnam – US ties following embargo lifting, says Knapper (05/02/2024)
The lifting of the trade embargo against Vietnam by President Bill Clinton 30 years ago paved the way for all the terrific advances made in the US-Vietnam trade and economic relations, said US ambassador to Vietnam Marc Knapper.
The lifting of the trade embargo against Vietnam by President Bill Clinton 30 years ago paved the way for all the terrific advances made in the US-Vietnam trade and economic relations, said US ambassador to Vietnam Marc Knapper.
2023 in review: Vietnam economy weathers the storm (05/02/2024)
Though 5.05% GDP growth last year was below the target, the economy steadily improved through the year despite the global headwinds.
Though 5.05% GDP growth last year was below the target, the economy steadily improved through the year despite the global headwinds.
TPB’s Declining Profits: Unraveling the Factors (05/02/2024)
As we approach the financial announcement season of 2023, numerous securities firms have released analysis reports focusing on the TPB code of Tiên Phong Commercial Joint Stock Bank. Notably, all these analyses underscore the deterioration in the bank’s asset quality.
As we approach the financial announcement season of 2023, numerous securities firms have released analysis reports focusing on the TPB code of Tiên Phong Commercial Joint Stock Bank. Notably, all these analyses underscore the deterioration in the bank’s asset quality.
Manufacturing production rises for first time in five months (05/02/2024)
Manufacturers in Vietnam recorded a return to growth at the start of 2024 as tentative signs of improving demand fed through to renewed increases in new orders and output.
Manufacturers in Vietnam recorded a return to growth at the start of 2024 as tentative signs of improving demand fed through to renewed increases in new orders and output.
Surpassing US, China becomes largest consumer of Vietnam’s farm exports (02/02/2024)
China was the only market that witnessed positive growth in Vietnam’s farm exports in 2023, while negative growth rates were reported for all other key markets.
China was the only market that witnessed positive growth in Vietnam’s farm exports in 2023, while negative growth rates were reported for all other key markets.
Garment, footwear companies give Tet bonuses despite business difficulties (02/02/2024)
As production and business results in 2023 were unsatisfactory for some businesses, low Tet bonuses were foreseeable. But workers see signs of recovery in the Year of the Dragon.
As production and business results in 2023 were unsatisfactory for some businesses, low Tet bonuses were foreseeable. But workers see signs of recovery in the Year of the Dragon.
Vietnam wins bid to export 300,000 tons of rice to Indonesia (02/02/2024)
Seven Vietnamese firms have won a bid to export 300,000 tons of rice to Indonesia, or more than half the volume that country’s plans to import in January.
Seven Vietnamese firms have won a bid to export 300,000 tons of rice to Indonesia, or more than half the volume that country’s plans to import in January.
Vietnam to add 4 more high-capacity cables for telecommunications expansion next year (02/02/2024)
Vietnam plans to invest in two to four additional international telecommunications cables, each with a data capacity of 60 Tbps, by 2025.
Vietnam plans to invest in two to four additional international telecommunications cables, each with a data capacity of 60 Tbps, by 2025.
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