Việt Nam News

Việt Nam has enjoyed high export growth but experts are concerned that the main contributor is foreign direct investment (FDI).

Việt Nam's export turnover of Vietnamese goods to the 27 EU member countries has skyrocketed after eight months of implementing EVFTA, reaching nearly US$4.8 billion.

Several of Việt Nam’s key export sectors, such as textile-garment, leather-footwear, and electronics have become magnets for merger and acquisition (M&As) activities, posing a risk of leading enterprises in those sectors being purchased by foreign investors.

Việt Nam wants to expand mango farming and increase exports of the fruit to US$650 million by 2030 amid growing global demand for it.

Nutifood on April 14 announced the launch of the Nutifood Nutrition Research Institute in Sweden and signing of a communication agreement with the Ministry of Health and agreements with seven medical associations and five medicine and pharmacy universities to bring European standard nutritional solutions to Việt Nam.

The northern province of Quảng Ninh has led in provincial competitiveness among all 63 provinces and cities for four consecutive years, according to the ranking announced by the Việt Nam Chamber of Commerce and Industry (VCCI) and the US Agency for International Development (USAID) yesterday.

Việt Nam’s stock exchange mixed on Thursday as the benchmark VN-Index reversed course to finish lower while the HNX-Index continued its rally.

Vinacafé Biên Hòa Joint Stock Company expects to achieve net revenues of VNĐ2.9-3 trillion (US$125.4-129.7 million) and after-tax profit attributable to shareholders of VNĐ710-730 billion ($30.7-31.6 million) this year.

The province is now home to five Belgian projects worth over $39 million, ranking 37th out of 65 countries and territories investing in the locality, mostly pharmaceuticals, apparel, additives, beer and malt, and goods storage.

The Legion of Honour, established by Napoleon Bonaparte, is the most prestigious, long-standing and highest order of merit awarded by the French government to individuals and organisations with special contributions.

Agriculture exports from the Mekong Delta are facing logistical challenges, affecting their competitiveness overseas.

The Institute of Internal Auditors’ new president and CEO, Anthony Pugliese, has signed a memorandum of understanding with the Vietnamese Ministry of Finance to advance the internal audit profession in Việt Nam.

Many provinces and cities have launched programmes this year to promote local consumer demand to support businesses as the COVID-19 pandemic continues to affect exports.

Green bonds are an innovative tool to mobilise financing from the private sector to scale up and achieve national climate plans, said Vũ Chí Dũng, director of the International Co-operation Department of the State Securities Commission (SSC).

Furniture Sourcing Day opened in Thủ Đức City on Wednesday. The event has attracted more than 400 manufacturers and exporters and local and foreign sourcing agencies, who hope to exchange information and explore online and offline business opportunities.

Vietnam News Agency has interviewed Trần Quốc Toản, deputy director of the ministry’s Import and Export Department, about the challenges facing Vietnamese enterprises as well as State’s support on promotion of agricultural products such as rice, aquatic products and fruits.

Shares settled higher on Wednesday, reversed morning course on recoveries of materials and banking stocks.

As many as 320 firms are exhibiting their products at the 30th Việt Nam International Trade Fair (Việt Nam Expo 2021), which opened at the International Exhibition Centre in Hà Nội on Wednesday.