Improving FDI quality, quantity crucial for Vietnam: Insiders

Improving FDI quality, quantity crucial for Vietnam: Insiders

Amid the slowing down of the global investment flows, experts held that improving both quality and number of foreign investment projects is a heavy task for Vietnam, requiring great efforts from the Vietnamese Government to fulfil the “dual targets”.
The model of hypermarket linking Vietnam - Singapore brings Vietnamese goods to export

The model of hypermarket linking Vietnam - Singapore brings Vietnamese goods to export

VCN - Co.opXtra's 10-year journey has proven an essential role in the development of Saigon Co.op, and it shows that the Vietnamese retail market is vibrant with a wide selection of goods and services for different customer segments.
Lack of links is a "pull" of the logistics industry

Lack of links is a "pull" of the logistics industry

VCN - Domestic logistics enterprises, if divided into specialized fields, are strong, not inferior to foreign units, but overall, they are employed in their own country. Lack of links is considered one of the reasons why Vietnam's logistics industry has n
Rice exports surge triumphantly

Rice exports surge triumphantly

VCN - According to statistics from the General Department of Customs, in the first four months of 2023, Vietnam's rice exports reached 2.9 million tons, valued at 1.52 billion USD, representing a 40.7% increase in volume and a 51.6% increase in value comp
Trade in goods across HCM city port decreases US$ 11 billion

Trade in goods across HCM city port decreases US$ 11 billion

VCN - The import turnover declined by 24.72% to US$21.14 billion; export turnover decreased by 19.25% to US$ 18.03 billion compared with the previous year.

Ample room remains for VN to export to Africa

There remains an ample room for Vietnamese exports to Africa, as the country accounts for only 0.6% of the continent's total import of 600 billion USD per year, according to the Ministry of Industry and Trade, given opportunities brought about by the African Continental Free Trade Area (AfCFTA) agreement.
Vietnam invests over 316 million USD abroad in five months

Vietnam invests over 316 million USD abroad in five months

Vietnam invested nearly 316.4 million USD abroad in the first five months of this year, equivalent to 93.5% of the figure recorded in the same period last year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
Attracting FDI inflows into Vietnam with a favorable investment environment

Attracting FDI inflows into Vietnam with a favorable investment environment

VCN - Vietnam is witnessing a significant change in the global business and investment environment under the influence of complex geopolitical factors, unprecedented events such as the Covid-19 pandemic, and challenges.
The “big enterprises” of the water industry have a strong hand in M&A

The “big enterprises” of the water industry have a strong hand in M&A

VCN - Large enterprises in the water industry continuously spend money to carry out acquisitions to expand their locations and scale.
HCM City int"l food expo slated for late June

HCM City int"l food expo slated for late June

The Ho Chi Minh City International Exhibition of Food and Beverages 2023 (HCMC FOODEX 2023) is scheduled to take place in late June, about four months early, to support enterprises amid the numerous challenges they face.
PM asks for drastic solutions to remove difficulties in production, business

PM asks for drastic solutions to remove difficulties in production, business

Prime Minister Pham Minh Chinh has signed Official Dispatch No. 470/CD-TTg requiring ministries, sectors, and localities to continue drastically and effectively implementing tasks and solutions to remove difficulties for production and business.
Strategy on rice export market development until 2030 approved

Strategy on rice export market development until 2030 approved

Deputy Prime Minister Le Minh Khai has just signed a decision approving the Strategy on Development of Vietnam's Rice Export Markets until 2030, which aims to develop and diversify rice export markets with a reasonable, stable, and effective scale, market and product structure.
Protecting domestic production to support sustainable exports

Protecting domestic production to support sustainable exports

VCN - Facing increasing threats from imported goods, businesses and industry associations have all proposed policies to protect domestic manufacturing industries.
Aluminum enterprises are worried about the shift of Chinese aluminum

Aluminum enterprises are worried about the shift of Chinese aluminum

VCN - The main products of Vietnam's aluminum industry are Ingot aluminum, aluminum billet, profiles aluminum, and industrial aluminum. Profiles aluminum is expected to dominate the market with the driving force being the construction industry.
Vietnam, Italy develop SMART platform to expand online trade connectivity

Vietnam, Italy develop SMART platform to expand online trade connectivity

The Italian Trade Agency in Vietnam announced on May 26 that it has teamed up with the Italian Ministry of Foreign Affairs and International Cooperation and the General Confederation of Italian Industry to set up the ASEAN Education and Business Programme (VELP 2023).
Vietnam"s five-month FDI rises sharply nationwide

Vietnam"s five-month FDI rises sharply nationwide

The total inflows of foreign investment in Vietnam this year to May 20, including new and added investment and contributions for share purchases by foreign investors, reached nearly 10.86 billion USD, down 7.3% year-on-year, but up 10.6 percentage points as compared with the figure in the first four months of this year, the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment reported.
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Vietnam earns 1.43 billion USD from rice exports in Q1

Vietnam earns 1.43 billion USD from rice exports in Q1

Vietnam in the first quarter of 2024 exported 2.18 million tonnes of rice, earning 1.43 billion USD, an increase of 17.6% in volume and 45.5% in value year on year. Meanwhile, the average export rice price also increased by 23.6% to $653.9 per tonne.
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Textile and garment exports recovered positively

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