Việt Nam News

The People's Committee of the Mekong Delta province of Vinh Long, in coordination with the Indian Consulate General in Ho Chi Minh City, held a conference on promoting cooperation between the province and Indian businesses on March 5.

Việt Nam exported 35,000 tonnes of peppercorn worth US$143 million in the first two months of 2024, down 12.3% in volume but up 12.9% in value, reported the Ministry of Agriculture and Rural Development (MARD).

As many as 22 Vietnamese enterprises are showcasing their products at Foodex Japan 2024, one of the largest international food and beverage exhibitions in Asia, which kicked off in Tokyo, Japan on March 5.

Nam Định Province's leader affirms the province will create favourable conditions for German businesses to invest in the locality.

Liquidity remained at a high level as the trading value on the southern bourse stayed above VNĐ24 trillion (US$792 million), equivalent to a trading volume of over 1 billion shares.

The US-ASEAN Business Council (USABC) will break its own record on the number of US businesses joining an annual delegation to Việt Nam, even higher than the 51 firms joining the delegation in March last year, according to President & CEO of the council Ted Osius

The General Department of Taxation has implemented a combination of solutions to prevent tax revenue loss in e-commerce sector.

According to the HCM City Export Processing and Industrial Zones Authority (HEPZA), the southern economic hub lured $174.19 million in foreign investment in the period, including $4.84 million invested in two new projects, and $171.35 million added to three existing projects.

In the January-February period, China led in the number of newly-registered projects in Bắc Ninh with 46 projects, followed by Hong Kong (China) with 14.

The strong development of e-commerce in Việt Nam is seeing urban logistics real estate heat up, according to a report of Cushman & Wakefield, a global real estate company.

The Hà Nội People's Committee issued a decision to acknowledge 104 four-star “One commune, One product” (OCOP) products of 32 entities involving in the capital city’s OCOP programme in 2023.

Global gold prices have sharply increased by US$32 compared to the previous session, currently at $2,012.81 per ounce. However, domestic gold prices are still more than VNĐ17 million per tael higher than global price.

Canada is specifically targeting Việt Nam's primary export steel products and types, including concrete reinforced steel, anti-corrosion steel plates, steel coils and oil pipeline steel pipes.

Prime Minister Phạm Minh Chính attended the Vietnam - Australia Business Forum in Melbourne on March 5 morning (local time) as part of his ongoing trip to Australia to attend the ASEAN - Australia Special Summit and pay an official visit to Australia.

Vietjet currently operates multiple flights between Việt Nam and Australia with 58 flights per week between HCM City and the five largest cities in the "Land of Kangaroos" including Melbourne, Sydney, Brisbane, Perth, and Adelaide.

Việt Nam’s forest coverage rate is set to reach 42-43%, while the forest production value is expected to increase by 5-5%, according to the forestry development strategy for the 2021-2030 period.

Operating from May 12, 2024 with two return flights per week on Thursdays and Sundays, people and tourists can easily travel between the two cities with a flight time of around 4 hours per leg, Vietjet said in a statement. 

Analyst’s Pick: In a common sense, a trade surplus means a favourable trade balance, which contributes to economic growth. This is particularly true in emerging or developing markets, and in countries whose economic growth is highly driven by exports. Việt Nam is not an exception.