Việt Nam News

Vietnamese coffee and pepper are becoming more popular globally, and especially in the Australian market.

Denmark’s Ørsted Group, the world's largest corporation in the wind power industry, has proposed an offshore wind power plant near Hải Phòng, with an estimated investment of US$11.9 to $13.6 billion. Once operational, the power plant will have a total capacity of 3,900 MW. 

Foreign investors are eager to get back to Việt Nam, which they still consider one of the most “exciting” markets in the world, Don Lam, co-founder and CEO of VinaCapital, has said.

The manufacturing sector in October saw significant expansion for the first time in five months as firms ramped up production to meet rising export orders spurred by the COVID-19 pandemic gradually coming under control, experts said.

The flow of cargo through Việt Nam's seaports has been forecast to increase in double-digit numbers, by 15 per cent in 2021 and 14 per cent in 2022. 

Ten Vietnamese and five foreign start-ups will compete in the final round of the 2021 Start-up Wheel contest to be held virtually on November 5.

About 213 products and services of 150 businesses have been chosen among the favourite Vietnamese products in 2021 by customers, according to a recent vote.

Australia and Việt Nam will accelerate trade and investment levels from 2021-2025, through a new economic strategy bringing the two countries' burgeoning commercial ties into sharp focus.

Việt Nam is calling for foreign investment in 157 projects in the 2021-2025 period, according to a decision recently signed by Deputy Prime Minister Phạm Bình Minh.

As the end of the year approaches, businesses have been ramping up efforts to get back into the game, especially to meet greater demand for goods and services in the upcoming holidays.

A recent report by the Government showed out that cashless payments continue to become more popular, topping VNĐ36.28 quadrillion (US$1.6 billion) in the first nine months of 2021. 

Shares gained on Tuesday thanks to the growth of blue-chips in the banking group and mid-cap and small-cap stocks in the real estate group.

The Ministry of Finance is taking measures to better develop the corporate bond market safely and effectively.

Việt Nam and UK signed a Letter of Intent on cooperation in digital economy and digital transformation on Monday (London time).

An improvement in the public health situation and subsequent easing of restrictions helped the Vietnamese manufacturing sector return to growth during October.

SOVICO Group signed a memorandum of understanding with the UK’s Oxford University on October 31 for cooperation and investment in research and education, including establishing a scholarship.

Foreign trade by of HCM City-based enterprises showed clear signs of recovery in October, increasing by 25.8 per cent from the previous month to US$11.7 billion, according to the customs department.

Controlling the pandemic appropriately and "opening up" the economy are the most important premise to promote exports and growth. Huge opportunities and potential for exports and growth are already there so it is necessary for companies to exert themselves.