Việt Nam News

Industrial parks and clusters in the Cửu Long (Mekong) Delta province of Tiền Giang attracted more than VNĐ834 billion (US$35.4 million) in the first eight months of this year, according to the province People’s Committee.

With a large workforce, lower labour costs and sizeable market, Việt Nam is one of the popular destinations for Singapore’s start-ups, according to The Straits Times newspaper.

The Cửu Long (Mekong) Delta province of Sóc Trăng is working hard to boost its ‘one commune-one product’ programme by strengthening links between co-operatives to create more jobs for locals and increase incomes.

The latest technologies, equipment and products in the printing and packaging industry will be on display at the 20th Việt Nam International Printing and Packaging Industry Exhibition (Vietnam Print Pack 2022) to be held in HCM City from September 21 to 24.

The 17th International Exhibition on Products, Equipment, and Supplies for Medical, Pharmaceutical, Hospital and Rehabilitation, Pharmedi Vietnam 2022, opened in HCM City on September 14 with more than 350 exhibitors having 400 booths.

The latest data from the General Department of Customs showed Việt Nam's export to the UK increased 7.7 per cent in the past eight months.

The downturn slowed in the afternoon session following increased demand when the VN-Index declined near the short-term resistance level.

Through credit packages with preferential interest rates, and products and services customised to each customer group’s needs, banks focus on helping enterprises access capital to restore production and business.

The manufacturing sector is a driving force behind economic growth, but manufacturers are still outcompeted by foreign rivals when it comes to core technologies, according to insiders.

The value of retail trade and services in the Cửu Long (Mekong) Delta province of Trà Vinh topped VNĐ30.6 trillion (US$ 1.338 billion) in the first eight months, a nearly 30 per cent increase year-on-year, according to its Department of Industry and Trade.

Seafood exports to the Russian market are set to bounce back in the remaining months to exceed US$190 million this year, up 16 per cent year-on-year, after months of disruption due to the ongoing Russia-Ukraine conflict since the end of February.

However, fast growth normally goes with high risks. After some scandals, the Government had to take tough action to keep the market in order.

The UK – VIệt Nam Free Trade Agreement was promoting the influx of quality foreign direct investment (FDI) into Việt Nam where drastic effort in boosting reforms were taking place to unlook potential for investment cooperation coupled with significant changes in the Government’s FDI attraction orientations.

The stock market was down slightly yesterday with both benchmark indices lower due to weak risk appetite. 

An Bình Commercial Joint Stock Bank won for ‘Trade Deal of the Year’ given to banks for outstanding achievements in trade finance at the Asian Development Bank Trade and Supply Chain Finance Programme Awards held in Singapore last week.

Vietnamese exporters must better meet clean and green quality requirements of the EU’s second-largest economy to enable them to enlarge the market share amid rising competition.

It is thought that Việt Nam's prices will strongly fluctuate along with global prices for the foreseeable future.

The industrial real estate sector will likely continue to pick up in the remaining months of the year thanks to the ongoing global supply chain disruption and diversification, and the trade deals that Việt Nam has signed, experts said.