Vietnam has 683,600 operational firms: economic census

Vietnam has 683,600 operational firms: economic census

As of December 31, 2020, Vietnam counted 683,600 operational enterprises, up 35.3 percent from 2016, the 2021 economic census revealed.
Vietnam ranks third worldwide in terms of rubber export value

Vietnam ranks third worldwide in terms of rubber export value

Vietnam ranked third in the world in terms of rubber export value, with 3.24 billion USD in 2021, up 36.2 percent from the previous year, the Ministry of Agriculture and Rural Development (MARD) said.
Vietnam looking to expand export to Eurasian market

Vietnam looking to expand export to Eurasian market

Being flexible in accessing distribution systems, overcoming logistical difficulties and making good use of free trade agreements (FTA) are important factors for Vietnamese goods to better access the Eurasian market in the coming time, said insiders.
Directing cash flow to priority areas, preventing bad debts from increasing

Directing cash flow to priority areas, preventing bad debts from increasing

VCN - In 2022, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu said that the main focus of monetary policy is directing capital flows into production and business, while handling and preventing bad debts.
ADB, TPB sign US$25 million loan to finance women-led SMES in Vietnam

ADB, TPB sign US$25 million loan to finance women-led SMES in Vietnam

The Asian Development Bank (ADB) signed a US$25 million loan with Tien Phong Commercial Joint Stock Bank (TPB) to expand access to finance of women-owned and led small and medium-sized enterprises (WSMEs) in Viet Nam.
Domestic firms urged to engage more in Vietnamese startups

Domestic firms urged to engage more in Vietnamese startups

Domestic corporations are urged to invest more in Vietnamese startups which has mostly drawn attention from foreign venture capital investors, heard at a talk on investment prospects in the innovative startup market in Ho Chi Minh City.
Foreign capital still "flooding" into Vietnam

Foreign capital still "flooding" into Vietnam's banks

VCN - In 2022, the most notable factor might be the deal in which VPBank sells 15% of the parent bank's shares, which is expected to take place in the first quarter of 2022.
Vietnam’s exports rise sharply in 2021

Vietnam’s exports rise sharply in 2021

Vietnam earned nearly 336.25 billion USD from exports in 2021, up 19 percent from the previous year, the Ministry of Industry and Trade (MoIT) reported on January 9.
Ministry to help local firms to join FDI multinationals’ supply chains

Ministry to help local firms to join FDI multinationals’ supply chains

The Ministry of Industry and Trade (MoIT) has said this year it will closely coordinate with several foreign multinationals like Samsung and Toyota to connect with local suppliers of materials and accessories, in an effort to seek alternative supply for imports in both short and long terms.
Need to improve legal framework to support investment in real estate, preventing economic bubble

Need to improve legal framework to support investment in real estate, preventing economic bubble

This is the opinion of Mr. Neil MacGregor, General Director of Savills Vietnam, in an interview with the press about the prospects and trends of the real estate market in 2022.
Vietnam needs to build linkages in organic farming

Vietnam needs to build linkages in organic farming

Vietnam needs to build linkages and investment plans in developing production and consumption of organic products, experts say.
Vietnam-Laos trade value surges over 30 percent in 2021

Vietnam-Laos trade value surges over 30 percent in 2021

Two-way trade between Vietnam and Laos is estimated at 1.3 billion USD in 2021, a year-on-year rise of 30.3 percent, according to Deputy Minister of Industry and Trade Tran Quoc Phuong.
Heavy Inflation pressure in 2022

Heavy Inflation pressure in 2022

VCN - Given inflation in 2022, Ms. Nguyen Thu Oanh, Director of the Price Statistics Department (General Statistics Office) said, entering 2022, inflation pressure is very great.
Vietnam to diversify dragon fruit markets

Vietnam to diversify dragon fruit markets

As vegetarians make up a large proportion of Indian population and people in the country consume imported dragon fruit at weddings, it is a huge potential market for Vietnam’s dragon fruit, according to trade counsellor Bui Trung Thuong.
Ba Ria-Vung Tau increasingly attractive to investors

Ba Ria-Vung Tau increasingly attractive to investors

A gateway to the southern key economic region, the coastal province of Ba Ria–Vung Tau is increasingly attractive to investors.
Great expectations for pangasius export

Great expectations for pangasius export

VCN - As a key export product of Vietnam's seafood sector, pangasius exports in the past two years have suffered many obstacles. Businesses expected that in 2022 there would be opportunities for pangasius exports to increase.
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More efforts needed to maintain export growth to China: Insiders

More efforts needed to maintain export growth to China: Insiders

Exporters should further strengthen trade connections and improve the quality of their goods to sustain export growth to China as this is no longer a "lenient" market, said insiders.
It is expected that there are higher orders and revenue in the second quarter from European businesses

It is expected that there are higher orders and revenue in the second quarter from European businesses

VCN - The Business Confidence Index (BCI) according to a survey by the European Business Association in Vietnam (EuroCham) reached 52.8 in the first quarter of 2024 - the highest level since 2022, showing increasing confidence in Vietnam's European busine
Vietnamese rice prices on the hike

Vietnamese rice prices on the hike

The prices of Vietnamese paddy and rice continued to increase last week, according to the the Vietnam Food Association (VFA).
FDI flow into garment and textile sector bounces back

FDI flow into garment and textile sector bounces back

The flow of foreign direct investment (FDI) into the Vietnamese garment and textile sector has rebounded thanks to the country’s sound investment climate and abundant workforce as well as its open economy, according to insiders.
Investors play a key role in developing the industrial park system

Investors play a key role in developing the industrial park system

VCN - Dr. Phan Huu Thang, Chairman of the Executive Committee of the Vietnam Industrial Park Finance Association, former Director of the Foreign Investment Department (Ministry of Planning and Investment), said that basically, developing an industrial par
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