Việt Nam News

The National Agro-Forestry-Fisheries Quality Assurance Department (NAFIQAD) has announced that the US has licensed six more Vietnamese pangasius processing factories to export to the market.

Two customers do online shopping on an e-commerce platform. Photo vneconomy.vn

The sell-off in the Vietnamese stock markets has been consistent with what has been occurring in global markets, though selling pressure was exacerbated by many new retail investors dealing with margin calls for the first time and a crackdown on firms that borrowed money to buy stocks.

Vietnamese are tending to consume foods of clear origin and high quality after the COVID-19 pandemic, causing many export-oriented food brands to turn their attention to the domestic market.

Ratings of Vietnamese banks are expected to be continually improved thanks to Việt Nam’s positive sovereign credit rating.

The Ministry of Industry and Trade has just issued Decision No 924/QĐ-BCT on terminating the application of anti-dumping measures to a number of galvanised steel products originating from South Korea and China.

Undisbursed funds for public investment projects could be recalled if local governments failed to implement said projects for an extended period of time, said Deputy Prime Minister Lê Minh Khái in a meeting with local officials in Hà Nội on Thursday.

Việt Nam exported 235,000 tonnes of cassava and cassava products worth US$105.01 million in April, up 10.8 per cent and 31.7 per cent in volume and value year-on-year, according to the General Department of Customs.

The market reversed the downward trend in the morning to end slightly higher in a late-session rally on Thursday.

The tourism sector must apply digital transformation to secure sustainable development, according to dozens of participants at a forum on the topic held in Hà Nội on May 18.

The exhibition showcases a wide range of products in construction, building materials, exterior-interior decoration, solar energy machines, and smart home technologies at 1,000 booths. 

They are Hùng Cá Co and Vĩnh Hoàn Joint Stock Company - the country's two leading tra fish exporters, tienphong.vn cited the National Agro-Forestry-Fisheries Quality Assurance Department as saying. 

More expensive animal feed prices have eroded livestock companies’ profits in the first quarter of 2022. 

Lowering logistics costs is key to increasing the competitiveness of Việt Nam’s export products and the whole economy.

Assoc Prof and PhD Đinh Trọng Thịnh, a senior economist from the Academy of Finance, spoke to Vietnam News Agency Television about the loopholes in this market and solutions to make the market healthier and grow well.

After the Vietnamese imposition of anti-dumping and anti-subsidy duties, the volume of Thai sugar imported to Việt Nam hit a four-year low in Q1 of 2022, speeding up the recovery of domestic sugar.  

Việt Nam must seek to adapt its economic growth model while drastically improving the government's capacity to coordinate and implement economic policy reforms and public investments to realise its objective of reaching high-income status by 2045, said a recent World Bank (WB) report.

The Việt Nam Blockchain Summit 2022 will take place at the National Conference Center of Việt Nam in Hà Nội on July 21-22.