The unpredictable global situation may affect fuel supply during the holiday period.
Ho Chi Minh City wants to promote innovation and multi-national cooperation, and calls for public investment in order to shift to a greener and more sustainable economy, a local official has said.
In December alone, Vietnamese seafood exports to Canada surged 14.2% to US$21.8 million compared to December 2022. This is the fourth consecutive month that exports to the demanding market has witnessed an increase compared to last year’s corresponding period.
Officials from Việt Nam’s Ministry of Industry and Trade (MoIT) and the UAE Ministry of Economy have agreed to speed up the negotiation for a comprehensive economic partnership agreement (CEPA) between the two countries.
Fruit and vegetable exports have risen by 89.2% this year to US$459 million due to a surge in demand from China, according to the Vietnam Fruit and Vegetable Association.
The prices of farm produce climbed to new high in 2023. Tens of thousands of durian farmers have become dong billionaires, while the incomes of rice and coffee farmers increased by twofold.
Prime Minister Pham Minh Chinh has concluded a trip from January 16-23 to attend the 54th Annual Meeting of the World Economic Forum in Davos, Switzerland, and pay official visits to Hungary and Romania. In his addresses, the Vietnamese Prime Minister conveyed a clear message of Vietnam’s dynamic development, innovation, and investment attraction for global corporations. His overseas trip promoted Vietnam’s new potential, position, and prestige.
Investments in HCMC’s export processing zones and industrial zones were worth US$1.012 billion last year, the highest in the last 30 years.
The total investment capital in Ho Chi Minh City’s export processing and industrial zones last year reached over US$1 billion, representing the highest figure recorded in more than 30 years.
Vietnam’s economy is likely to continue to outperform its regional neighbours through 2024, with its manufacturing and export industries drawing significant inward investment thanks to the openness of its economy and the strength of its fundamentals.
New laws for next year are expected to help increase remittances into Vietnam, particularly towards the real estate sector.
According to the Asia House Annual Outlook 2024, Vietnam’s economy is likely to continue to outperform its regional neighbours through 2024, with its manufacturing and export industries drawing significant inward investment, given the openness of the economy and the strength of its fundamentals.
Việt Nam’s economy will grow by 6 per cent in 2024, faster than in 2023, according to economists of HSBC Vietnam.
Ho Chi Minh City is trying to bring a breath of fresh air to local industrial parks (IPs) and export processing zones (EPZs) with a view to attracting more foreign investment.
As many as 161 merchants had been granted certificates of eligibility for exporting rice as of January 22, decreasing from mid-2023, reported the Agency of Foreign Trade under the Ministry of Industry and Trade (MoIT).
The Việt Nam Association of Seafood Exporters and Producers (VASEP) forecasts Việt Nam’s seafood exports in the first half of 2024 will recover slightly compared to last year’s low base.
The Ministry of Industry and Trade announced Monday that it will concentrate on leveraging the free trade agreements (FTAs) that are currently in effect, as well as signing and implementing new FTAs to expand and diversify markets, import-export products, and supply chains.
Thailand surpassed Indonesia last year to become Vietnam’s largest car exporter with imports from the country accounting for 45 percent in quantity and 40.5 percent in value.
Cooperation in economy, trade, and investment an important pillar in bilateral relations, Romanian PM said during talks with visiting Vietnamese PM.
Việt Nam’s economy is projected to grow by 6 per cent this year, rebounding from a slowdown in 2023, driven by the expectation of export recovery, as per the January update from the ASEAN+3 Macroeconomic Research Office (AMRO).