Hanoi’s economy on path to recovery

Hanoi’s economy on path to recovery

In the first months of this year, Hanoi has focused on removing difficulties to and facilitating industrial production, export-import, public investment, and foreign investment attraction, according to a local official.
Difficult to achieve the target, aggressively deploying the two percent interest rate support package

Difficult to achieve the target, aggressively deploying the two percent interest rate support package

VCN - Commercial banks expect the amount of interest rate support in 2023 to be about VND 2,435 billion. However, according to a representative of the State Bank (SBV), the ability to achieve this target is difficult.
Diversifying pepper export markets towards the target of USD 2 billion

Diversifying pepper export markets towards the target of USD 2 billion

VCN - Currently, Vietnam ranks first in terms of export proportion and export volume of pepper. However, there is still room for further development and exploitation of pepper plants because Vietnam has been deeply integrated with the global economy.
The market is in recession, tuna export businesses are facing significant challenges

The market is in recession, tuna export businesses are facing significant challenges

VCN- Tuna processing and export businesses are currently facing numerous difficulties due to a downturn in the import market, soaring prices of tuna raw materials reaching a peak, and increasing production costs.
Top 50 public companies of 2023 sees major changes

Top 50 public companies of 2023 sees major changes

The Top 50 prestigious and effective public companies of 2023 (VIX50), recently announced by the Vietnam Report JSC, has witnessed a significant change compared to 2022 with cautious forecasts.
Ninh Thuan"s grapefruit receives code to export to US

Ninh Thuan"s grapefruit receives code to export to US

Grapefruit grown in Phuoc Binh commune, Bac Ai district in the south-central province of Ninh Thuan has received a farming area code, making it eligible for export to the US in the coming time.
Current trends guarantee big growth in Vietnam - US trade, investment: USABC leader

Current trends guarantee big growth in Vietnam - US trade, investment: USABC leader

The current trends in economic and trade cooperation between Vietnam and the US guarantee big growth in two-way trade and investment in next 10 years and warrant upgrading the partnership to a strategic level, said Ted Osius, President and CEO of the US - ASEAN Business Council (USABC).
Bac Giang helps farmers sell products on digital platforms

Bac Giang helps farmers sell products on digital platforms

The Chairman of the People's Committee of the northern province of Bac Giang has has just sent a dispatch asking for assistance to local farmers in selling their farm products on e-commerce platforms, contributing to boosting the development of digital agriculture and rural areas in the locality.
Upgrade OCOP products to easily export

Upgrade OCOP products to easily export

VCN - Not only conquering the domestic market, but also many strong agricultural products of the One Commune One Product (OCOP) Program of many localities are successfully in the international market. To further promote exports to potential markets, many
Imports of phones and computers fell US$10 billion

Imports of phones and computers fell US$10 billion

VCN - The imports of turnover of two main groups, phones and components, and computers, electronic products and components, fell by approximately US$10 billion year-on-year
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.
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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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