Y Pot Niê, 36, an E De ethnic man, stands at his booth at the eighth National Farmers Forum, taking place in Hanoi, and inviting visitors to try a cup of his coffee.
The strong recovery of industrial production, the exponential rise in exports, abundant goods supply, and good revenue from services in January paint a rosy picture for the domestic industry and trade sector this year.
The newly approved Land Law, Housing Law, and Law on Real Estate Business, which will take effect from 2025, are expected to create more favourable conditions for Overseas Vietnamese (OVs) in owning and trading real estate, according to experts.
The southeast region has been enjoying a great chance to develop the semiconductor chip industry thanks to its endless efforts to improve human resources for the industry and visits of technology giants to study investment opportunities there.
FDI is expected to remain a pivotal catalyst for economic advancement throughout ASEAN countries, with VN positioning itself as a leading contender in the pursuit of top-tier FDI from Japan.
Prime Minister Pham Minh Chinh ordered competent sides to accelerate construction of key transport projects in 2024 to create new development space while chairing the 9th session of the Steering Committee for Key National Transport Projects on February 16.
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.
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.
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.
Vietnam and the Philippines will increase their bilateral trade and investment ties, with a focus placed on rice exports to help ensure food security.
Data released by the General Statistics Office (GSO) shows that in January, footwear exports reached US$1.85 billion, an annual rise of 35%.
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.
Position held for the second year running in 2023 despite a decline in both exports and imports.
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.
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.
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 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.
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 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.
Though 5.05% GDP growth last year was below the target, the economy steadily improved through the year despite the global headwinds.