Việt Nam News

Retail petrol prices were up by nearly VNĐ500 per litre from 3pm on June 21 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.

In five months, the profit recorded was 3.4 times higher than the figure of the whole of last year.

Management Board of the Industrial Parks of Hưng Yên Province has granted investment registration certificates for seven projects with domestic investment capital and one project with foreign investment capital, with a total registered investment capital of US$40.6 million, since the beginning of this year.

An investment licence has been granted to the US’ Vector Fabrication Inc for a Micro-Electro-Mechanical Systems (MEMS) and printed circuit board (PCB) factory with an investment of US$60 million in the central city’s high-tech park after a one-year survey of locations in central Việt Nam.

A conference will be co-held on June 23 by the Ministry of Industry and Trade (MoIT), the British Embassy in Việt Nam and the British Chamber of Commerce Vietnam (BritCham) to support Vietnamese enterprises to join the supply chain of British enterprises.

The Muan International Airport in the Republic of Korea (RoK)’s South Jeolla province will allow the resumption of international flights, including those to Việt Nam, this July.

The stable global seafood demand will provide growth momentum for Vietnamese seafood processing and exporting enterprises, said experts.

Việt Nam's real estate is an increasingly attractive sector for South Korean investors, according to Savills Vietnam. 

Vietnamese products face numerous trade defence instruments in the future despite a large number of free trade agreements (FTAs) the country has signed, according to trade experts and policymakers.

The Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade will host a consultation workshop in the southern province of Tây Ninh on June 21 for exporters interested in the markets of Laos and Thailand.

The car body component plant of THACO Industries, a member of Trường Hải Group, is planning to export more than 25,000 sets of KIA Carnival boots to Malaysia between 2022 and 2026.

The timber industries of Việt Nam and Malaysia have signed a Memorandum of Cooperation (MoC) to further develop timber trade in both countries.

The Ministry of Industry and Trade (MoIT) will promote a scheme for official exports of agricultural products via an e-commerce channel, according to the ministry's official.

To date, Việt Nam has established 335 industrial parks (IPs) on a total area of 97,840ha, of which 260 are already operational with an occupancy rate of over 76 per cent

Việt Nam had large room to promote the dairy industry with the application of technology in farming and processing to establish value chain, given the rising demand for dairy products in the domestic and global markets, according to the Việt Nam Ruminant Husbandry Association.

The market continued the downward trend from the morning to end lower on Monday amid strong selling forces.

Việt Nam need to focus on reinforcing its cyber security to protect important information systems of the State and businesses, experts said.

Vietnamese enterprises only account for about 20 per cent of the cloud computing market share.