Proper investment needed to develop night-time economy

Proper investment needed to develop night-time economy

The night-time economy of major cities in the country has remained underdeveloped due to a lack of proper investment and an absence of a legal framework and policies to promote it, authorities said.
Promoting PPP cooperation to develop green agriculture

Promoting PPP cooperation to develop green agriculture

Promoting public-private partnerships will help improve sustainability in the agricultural sector, according to experts speaking at an event in Hà Nội on Monday.
Good policies will restore businesses’ confidence

Good policies will restore businesses’ confidence

VCN - According to Prof. Dr. Pham Hong Chuong, Rector of National Economics University, Vietnamese businesses are facing a lot of difficulties in the post-pandemic period, which can threaten sustainable growth and development. Therefore, in addition to so
Vietnam, New Zealand eye 2 billion USD in bilateral trade

Vietnam, New Zealand eye 2 billion USD in bilateral trade

Economic and trade partnerships have always been one of the bright spots in the Vietnam - New Zealand relations, and the two countries are striving for 2 billion USD in bilateral trade by 2024.
Bac Ninh attracts over 2 billion USD in FDI

Bac Ninh attracts over 2 billion USD in FDI

The northern province of Bac Ninh has so far this year attracted more than 2 billion USD in foreign direct investment (FDI), thanks to innovations and increased efficiency of investment promotion activities.
MoIT announces 218 firms as prestigious exporters

MoIT announces 218 firms as prestigious exporters

As many as 218 companies have won the “Prestigious Export Business” title for 2021, according to the list unveiled by the Ministry of Industry and Trade (MoIT) on December 5.
New regulations on importing non-biodegradable substances: Enterprises need to be well-equipped to avoid fines

New regulations on importing non-biodegradable substances: Enterprises need to be well-equipped to avoid fines

VCN - Talking to Customs Magazine, Mr. Le Hoai Nam, Director of the Environmental Quality Management Department, General Department of Environment (Ministry of Natural Resources and Environment), said: The General Department of Environment and the General Department of Customs have strengthened coordination with enterprises via sharing information related to regulations on import and use of persistent pollutants and raw materials, fuels, materials, products, goods and equipment containing such decomposers (also known as POPs). The problem is that to implement the regulations from January 1, 2023, businesses need to understand the regulations to avoid penalties
Trade forum urges consolidation of Vietnam-US trade supply chain

Trade forum urges consolidation of Vietnam-US trade supply chain

The Vietnam-US supply chain needs to be consolidated to improve its resilience and to maximise profitability for “links” in the chain, said experts at the Vietnam-US Trade Forum themed “Changes – Challenges – Adaptation”.
Creating motivation for businesses before difficulties

Creating motivation for businesses before difficulties

VCN - At the end of last year, many businesses were worried that they did not have enough time and human resources to meet all signed orders. At this time, orders fell significantly. This is one of the signs that show the economy in 2023 will be full of
Export goods needs to penetrate deeply into niche markets

Export goods needs to penetrate deeply into niche markets

VCN - Export to the EU market was estimated at US$39.4 billion, up 22.3%; to ASEAN was estimated at US$28.9 billion, up 24%; to Korea was estimated at US$20.7 billion, up 15.4%; and exports to Japan were estimated at US$19.8 billion, up 22%.
Largest import and export goods reach more than US$121 billion

Largest import and export goods reach more than US$121 billion

VCN - The largest import-export group of Vietnam is computers, electronic products and components with a turnover of US$121.6 billion.
India officially lifts rice export ban

India officially lifts rice export ban

The Vietnamese General Department of Customs reported that the country’s rice exports reached 713,546 tonnes, worth more than US$341 million, in October, up 22.3 per cent in volume and 23.9 per cent in value compared to September.
Index of industrial production enjoys impressive growth

Index of industrial production enjoys impressive growth

The index of industrial production (IIP) in the first 11 months of 2022 is estimated to increase by 8.6% year-on-year, doubling the 4.2% of the same period last year.
Trade forum supports firms to boost trade, investment with Eurasia region

Trade forum supports firms to boost trade, investment with Eurasia region

The Trade Forum on Cooperation with Partners from Eurasia Region 2022 took place in Hanoi on December 2, providing the Vietnamese business community with up-to-date information on market conditions, foreign trade policies, and investment opportunities in the region.
Tuna exports have decelerated

Tuna exports have decelerated

After months of good growth despite inflation, Vietnam's tuna exports slowed down in October 2022.
Export prices are high until the end of the year, Vietnamese rice earns $ 3.3 billion positively

Export prices are high until the end of the year, Vietnamese rice earns $ 3.3 billion positively

VCN - The world's rice supply is in shortage, and increasing import demand in many major markets is favourable for Vietnam's rice industry to earn positive export results of about US$ 3.2-3.3 billion this year. Notably, it is forecasted that export rice p
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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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