Ho Chi Minh City

Ho Chi Minh City's economic motivation from import and export activities

VCN - The year 2021 was a year full of difficulties and challenges for the socio-economic development of Ho Chi Minh City due to the great influence of the Covid-19 pandemic.
MARD seeks solutions on refrigerated container shortage and high rental prices

MARD seeks solutions on refrigerated container shortage and high rental prices

To support the export of agricultural produce, the Ministry of Agriculture and Rural Development (MARD) has proposed the Ministry of Transport find solutions to the problem of a shortage of refrigerated containers and excessively high container rental prices.
US anti-dumping decision poses threat to Vietnamese raw honey businesses

US anti-dumping decision poses threat to Vietnamese raw honey businesses

Since the US Department of Commerce decided to apply the highest ever tariff rate (over 412 per cent) for raw honey imported from Việt Nam, which exports more than 90 per cent of its honey to the US, small honey companies have been like a beehive under attack.
Support policies are “taking effect”

Support policies are “taking effect”

VCN – As another year of Covid-19 has passed, most enterprises are still negatively affected. However, supportive policies have been issued simultaneously and are gradually taking effect on enterprises, bringing expectations of recovery and development in
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.
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Enterprises want clearer regulations on seafood production

Enterprises want clearer regulations on seafood production

There is a lack of consistency among existing legal documents on seafood production, making it difficult for enterprises to comply.
Vietnam ranks fifth among aquatic product suppliers for Singapore

Vietnam ranks fifth among aquatic product suppliers for Singapore

Vietnam jumped one place to become the fifth largest exporter of aquatic products to Singapore for the first time in the first quarter of this year, according to its Trade Office in the city state.
Forum seeks to increase PPP investment effectiveness

Forum seeks to increase PPP investment effectiveness

Investment cooperation in the public-private partnership (PPP) form is seen as a strategic option to mobilise private investment and improve public service delivery. However, the implementation of PPP projects in Vietnam still faces a lot of difficulties and obstacles, leading to a low number of successful projects and making the private economic sector cautious.
Linking businesses with cooperatives to increase the value chain

Linking businesses with cooperatives to increase the value chain

VCN - According to experts, in value chain links, agricultural cooperatives both play a role in promoting links between farmer households through collective economic activities to organize production and promote vertical linkages with businesses along the
Vietnam has a trade deficit of over US$17 billion with China

Vietnam has a trade deficit of over US$17 billion with China

VCN - According to the latest statistics of the General Department of Customs, the import-export turnover between Vietnam and China in March reached US$ 16.32 billion, including Vietnam's exports achieved US$5.15 billion, imports reached US$11.17 billion.
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