First all-cargo air service between Viet Nam and UK launched (23/05/2023)
TT Meridian, an international logistics and trading company specialising in the UK and Viet Nam markets, has become the first Vietnamese business in the UK to open an all cargo air route between Viet Nam and the UK via Turkmenistan.
TT Meridian, an international logistics and trading company specialising in the UK and Viet Nam markets, has become the first Vietnamese business in the UK to open an all cargo air route between Viet Nam and the UK via Turkmenistan.
Timber exporters face sharp decline in orders (23/05/2023)
Vietnamese wood and wooden furniture enterprises have been facing many difficulties as export orders have dropped 50-60% since the beginning of this year, pushing firms to cut off at least half of their production capacities.
Vietnamese wood and wooden furniture enterprises have been facing many difficulties as export orders have dropped 50-60% since the beginning of this year, pushing firms to cut off at least half of their production capacities.
Listed textiles enterprises face negative prospects this year (23/05/2023)
Many textile companies are struggling as they have to reduce employees due to shrinking revenues.
Many textile companies are struggling as they have to reduce employees due to shrinking revenues.
VN to complete the development of national system for origin tracing (23/05/2023)
It is pressing for Việt Nam to complete a national system for origin tracing as the market has increasing demand for transparency of product quality and origin tracing was becoming mandatory for products to enter foreign markets, according to Nguyễn Hoàng Linh, Deputy Director of the Directorate for Standards, Metrology and Quality.
It is pressing for Việt Nam to complete a national system for origin tracing as the market has increasing demand for transparency of product quality and origin tracing was becoming mandatory for products to enter foreign markets, according to Nguyễn Hoàng Linh, Deputy Director of the Directorate for Standards, Metrology and Quality.
Deputy PM urges acceleration of electricity licensing for finished wind, solar power projects (23/05/2023)
Deputy Prime Minister Tran Hong Ha has requested the Ministry of Industry and Trade to accelerate the process of issuing electricity licenses for wind and solar power projects that have been completed but have not yet been put into operation.
Deputy Prime Minister Tran Hong Ha has requested the Ministry of Industry and Trade to accelerate the process of issuing electricity licenses for wind and solar power projects that have been completed but have not yet been put into operation.
Ample opportunity for Việt Nam-Slovenia trade, investment (23/05/2023)
HCM City will improve its business climate and create favourable conditions for foreign businesses, especially those from Slovenia, to invest in the city, said a city official.
HCM City will improve its business climate and create favourable conditions for foreign businesses, especially those from Slovenia, to invest in the city, said a city official.
Vietnam should attract FDI for sectors in need: experts (23/05/2023)
As up to 22.5 percent of foreign direct investment (FDI) enterprises in Vietnam have a modest charter capital average of VND1-3 billion (US$42,602-127,806) each, the selection of FDI once again makes headlines and local economic experts agree that the country should attract such investment in sectors that it wants to develop.
As up to 22.5 percent of foreign direct investment (FDI) enterprises in Vietnam have a modest charter capital average of VND1-3 billion (US$42,602-127,806) each, the selection of FDI once again makes headlines and local economic experts agree that the country should attract such investment in sectors that it wants to develop.
Foreign stock investors break 3-session buying streak (23/05/2023)
Vietnam’s benchmark VN-Index rose 0.33% to 1,070.64 points Monday with foreign investors net selling after three buying sessions.
Vietnam’s benchmark VN-Index rose 0.33% to 1,070.64 points Monday with foreign investors net selling after three buying sessions.
Quality and quantity advances sought (22/05/2023)
The scale and quality of foreign-led projects in Vietnam have been fostered thanks to the promulgation of new policies to improve the investment environment.
The scale and quality of foreign-led projects in Vietnam have been fostered thanks to the promulgation of new policies to improve the investment environment.
Vietnam, Japan sign three ODA projects valued at $500M (22/05/2023)
Vietnamese Prime Minister Pham Minh Chinh and his Japanese counterpart Fumio Kishida witnessed the signing of three ODA projects with a total value of 61 billion yen (US$500 million) on Sunday.
Vietnamese Prime Minister Pham Minh Chinh and his Japanese counterpart Fumio Kishida witnessed the signing of three ODA projects with a total value of 61 billion yen (US$500 million) on Sunday.
PM Chinh addresses G7 expanded Summit’s 2nd session (22/05/2023)
Prime Minister Pham Minh Chinh on May 20 emphasised the importance of a global approach, multilateralism, self-reliance of every country, and extensive international cooperation to realise sustainable development, climate change responses, emission reduction, and energy transition.
Prime Minister Pham Minh Chinh on May 20 emphasised the importance of a global approach, multilateralism, self-reliance of every country, and extensive international cooperation to realise sustainable development, climate change responses, emission reduction, and energy transition.
Retail businesses improve quality to gain competitive advantage (22/05/2023)
The presence of foreign-invested enterprises in Vietnam’s retail sector has increased competition among businesses, jointly regulating supply and demand in the domestic market.
The presence of foreign-invested enterprises in Vietnam’s retail sector has increased competition among businesses, jointly regulating supply and demand in the domestic market.
ASEAN consumes half of Vietnamese fertilizer exports (22/05/2023)
April witnessed Vietnam export fertilizers to nine markets, with six ASEAN member states alone consuming 66,648 tonnes, or 50.5% of the country's overall fertilizer export market share.
April witnessed Vietnam export fertilizers to nine markets, with six ASEAN member states alone consuming 66,648 tonnes, or 50.5% of the country's overall fertilizer export market share.
Joint efforts exerted to fight IUU fishing (22/05/2023)
Authorities, localities, fishermen, and businesses have kept taking measures to fight illegal, unreported, and unregulated (IUU) fishing, striving to get the European Commission (EC)’s “yellow card” warning to be removed soon.
Authorities, localities, fishermen, and businesses have kept taking measures to fight illegal, unreported, and unregulated (IUU) fishing, striving to get the European Commission (EC)’s “yellow card” warning to be removed soon.
Vietnam, Israel cooperate to early enforce trade deal (22/05/2023)
Vietnam will continue to work closely with Israel to early sign and enforce the two countries’ Free Trade Agreement (FTA), bringing practical benefits to businesses and people of both sides, Minister of Industry and Trade Nguyen Hong Dien stressed at a meeting with Israeli Ambassador to Vietnam Yaron Mayer in Hanoi on May 19.
Vietnam will continue to work closely with Israel to early sign and enforce the two countries’ Free Trade Agreement (FTA), bringing practical benefits to businesses and people of both sides, Minister of Industry and Trade Nguyen Hong Dien stressed at a meeting with Israeli Ambassador to Vietnam Yaron Mayer in Hanoi on May 19.
Vietnamese consumers encouraged to purchase domestic fruits (22/05/2023)
Domestic consumers appear to be confused about information on domestically grown fruits and think the products are not safe enough, even though developed and neighboring markets have been buying Vietnam’s fruits for many years.
Domestic consumers appear to be confused about information on domestically grown fruits and think the products are not safe enough, even though developed and neighboring markets have been buying Vietnam’s fruits for many years.
Power plan focuses on gas-fired power, export of renewable energy (19/05/2023)
The Prime Minister has signed Decision 500/QD-TTg dated May 15, 2023 approving the national power development plan for 2021-2030 with a vision towards 2050. The plan is known as PDP 8.
The Prime Minister has signed Decision 500/QD-TTg dated May 15, 2023 approving the national power development plan for 2021-2030 with a vision towards 2050. The plan is known as PDP 8.
Commodity market prices benefit Vietnamese enterprises (19/05/2023)
Movements in the commodity market are temporarily bringing advantages to Vietnam’s manufacturing industries and import-export sector.
Movements in the commodity market are temporarily bringing advantages to Vietnam’s manufacturing industries and import-export sector.
VinFast expands into Southeast Asian market (19/05/2023)
At the Future Mobility Asia 2023 event in Thailand, VinFast – the electric vehicle (EV) manufacturer from Vingroup – made a groundbreaking announcement, unveiling its expansion plans into the Southeast Asian market while maintaining its existing focus on North America and Europe.
At the Future Mobility Asia 2023 event in Thailand, VinFast – the electric vehicle (EV) manufacturer from Vingroup – made a groundbreaking announcement, unveiling its expansion plans into the Southeast Asian market while maintaining its existing focus on North America and Europe.
FDI sector posts over 14 billion USD in four-month trade surplus (19/05/2023)
Despite an overall export decline due to the shortage of orders, foreign direct invested (FDI) businesses still posted more than 14 billion USD in trade surplus in the first four months, further affirming their role as the main growth driver of the economy.
Despite an overall export decline due to the shortage of orders, foreign direct invested (FDI) businesses still posted more than 14 billion USD in trade surplus in the first four months, further affirming their role as the main growth driver of the economy.
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