HCM City’s spending on Chinese imports this year has exceeded US$8.1 billion, an increase of more than $2.4 billion from the same period last year.

The capital city plans to install 1,000 vending machines by 2020 to make shopping more convenient for local consumers as well as foreign tourists.

ViMariel S.A company - the fully foreign-owned firm licensed to operate in the Mariel Special Economic Development Zone Mariel (ZEDM) of Cuba, began operation on Tuesday. 

The southernmost province of Cà Mau has established a so-called soil bank composed of mud collected from rivers to make alternative materials for sand in construction.

The ‘One commune one product (OCOP)’ fair aims to honour Viet Nam’s high-quality agro-forestry-fisheries products which are well-known in domestic and foreign markets, organisers said a press conference in Hà Nội on Tuesday.

A B2B meeting was organised by the Việt Nam Chamber of Commerce and Industry and K-Fish Trade Support Centre in HCM City to provide networking opportunities for 12 Korean and 50 Vietnamese seafood companies.

Việt Nam’s merger and acquisition (M&A) market hit over the 10-billion-dollar landmark for the first time in 2017 and is at the turning point to reach a new era with new opportunities in the next decade.

Việt Nam’s catfish exports have been robust this year but the country’s overwhelming dependence on the increasingly competitive Chinese market remains a matter of risk.

Prime Minister Nguyễn Xuân Phúc stressed the need to shift from pre-inspection to post-inspection, issue regulations and standards on evaluation of transparency, and reduce unnecessary conditions for enhancing production.