Việt Nam News

Member countries of the Association of Southeast Asian Nations (ASEAN) are preparing for the ASEAN Online Sale Day 2021, which is slated for August 8-10.

Stable economic growth has made Việt Nam an attractive destination for foreign investors particularly amid current changes in the global supply chain, according to a recent article published by The Economic Times.

Shares settled down on the last trading day of the week as investors returned to profit-taking activities, while foreign investors continued to net sell on the market. 

Vietnamese agricultural products have been introduced to consumers in the Republic of Korea (RoK) during the Import Goods Fair (IGF) 2021 that is taking place in Seoul from July 22-24.

Supply of consumer goods in HCM City has been relatively steady, but the prices of some items have shot up and businesses taking part in the city’s price stabilisation programme are suffering losses since they sell at fixed prices, according to the Department of Industry and Trade.

With the increasing foreign investment in Việt Nam, the human resource structure will see a fundamental change since FDI generally goes into industries that require medium to very skilled workers, experts have said.

Việt Nam is at risk of losing out on major pepper export markets due to increasing logistics costs, according to the Việt Nam Pepper Association (VPA).

Australia’s Anti-Dumping Commission (ADC) has extended the deadline for a report into allegations of dumping and subsidisation of precision pipe and tube steel imported from Việt Nam, China, the Republic of Korea and Taiwan (China), for a fifth time.

As exports formed a key component of local economic development, maintaining production chains was crucial for Việt Nam.

Việt Nam will emerge as the third largest startup ecosystem in Southeast Asia next year, said in “The Southeast Asia Ecosystem 2.0”, a new report by venture capital (VC) firm Golden Gate Ventures.

There remains room for Vietnamese exports to the African market, experts said at a virtual workshop on Việt Nam-Africa trade promotion held by the Vietnam Trade Promotion Agency (Vietrade) on Wednesday.

Despite impacts of the COVID-19 pandemic, border trade activities in Móng Cái City of northern Quảng Ninh Province, which borders China, have been maintained with a surge in the volume of import and export goods compared to the figure in 2020.

The State Treasury recently announced a plan to auction Government bonds worth of VNĐ120 trillion (US$5.21 billion) via the Hà Nội Stock Exchange in the third quarter of the year.

Việt Nam Prosperity Joint Stock Commercial Bank (VPB) achieved consolidated pre-tax profit of more than VNĐ9 trillion (US$391.9 million) in the first six months of this year, up 37.2 per cent over the same period in 2020.

The Ministry of Industry and Trade’s Special Working Group said the supply of essential goods to HCM City has gradually stabilised with 5,000 priority-licensed vehicles supplying retailers.

The northern mountainous province of Sơn La held a ceremony on Wednesday to grant a Trademark Registration Certificate to Sơn La longan, and export a batch of Sông Mã - Sơn La longan to the EU and UK markets.

Peru’s official ratification of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is expected to help boost trade between Việt Nam and the South American nation.