Vietnamese lychee, longan eye bigger market share in Singapore

Vietnamese lychee, longan eye bigger market share in Singapore

The Vietnamese Trade Office in Singapore is working to promote the export of Vietnamese fruits, particularly longan and lychee, to Singapore.
Viet Sang Viet Anh Sang Garment company forced to suspend customs procedures for tax debt of VND2.2 billion

Viet Sang Viet Anh Sang Garment company forced to suspend customs procedures for tax debt of VND2.2 billion

The decision takes effect within one year from May 24 and will expire when the tax debt amount is fully paid to the State budget.
Businesses try to recover

Businesses try to recover

VCN - Amid difficulties, many businesses try to maintain production activities and regain growth momentum with solutions such as prioritizing restructuring production lines, converting to green production, diversifying products, etc. shifting to find cust
Need a solution to open up the bad debt trading market

Need a solution to open up the bad debt trading market

VCN - According to data from the State Bank of Vietnam (SBV), the bad debt ratio on the balance sheet of the whole system by the end of February 2023 has reached 2.91%, compared to 2% at the end of 2022 and nearly doubled by the end of 2021. Experts forec
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.
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Hanoi, Shanghai businesses set up cooperation

Hanoi, Shanghai businesses set up cooperation

The Hanoi Supporting Industries Business Association (HANSIBA) and N&G Group signed a cooperation agreement with a business delegation from Shanghai (China) in Hanoi on September 26.
Numerous c eye stronger investment in Vietnam

Numerous c eye stronger investment in Vietnam

Nearly 1,000 foreign enterprises from 28 countries and territories, including giants such as Boeing, Walmart, and Central Retail, have entered Vietnam to explore investment opportunities and seek partners since early September.
Support policy for high-tech investment hitting two targets: Insiders

Support policy for high-tech investment hitting two targets: Insiders

Experts have called for policies to support investment in high technology, which they said will help Vietnam grasp the opportunities in luring foreign direct investment (FDI) and at the same time avoid becoming the venue of low-quality and small-scale projects.
Pangasius businesses seek to export to niche markets

Pangasius businesses seek to export to niche markets

VCN - According to analysis of the Vietnam Association of Seafood Exporters and Producers (VASEP), pangasius export turnover in August 2023 reached 170 million USD, down 13% compared to the same period in 2022.
Opportunities to increase orders from the European market

Opportunities to increase orders from the European market

VCN - Since the beginning of 2023, the risk of economic recession, inflation, and high-interest rates significantly impacting the consumption and import of goods in the EU has had a notable effect on trade between Vietnam and this market region.
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