US weighs upgrading Vietnam to ‘market economy’ status (22/05/2024)
The U.S. Department of Commerce has heard arguments from both sides for and against the upgrade for Vietnam to a market economy status, as the start of a review due to be completed in late July.
The U.S. Department of Commerce has heard arguments from both sides for and against the upgrade for Vietnam to a market economy status, as the start of a review due to be completed in late July.
Samsung expects to pour additional $1bn into Vietnam annually (22/05/2024)
South Korean conglomerate Samsung Electronics expects to invest an additional US$1 billion into Vietnam each year in the coming time, the group’s Chief Financial Officer (CFO) Park Hark Kyu said at a meeting with Vietnamese Prime Minister Pham Minh Chinh in Hanoi on Thursday.
South Korean conglomerate Samsung Electronics expects to invest an additional US$1 billion into Vietnam each year in the coming time, the group’s Chief Financial Officer (CFO) Park Hark Kyu said at a meeting with Vietnamese Prime Minister Pham Minh Chinh in Hanoi on Thursday.
Vietnam calls on Chinese firms to invest in green, digital economies: PM (22/05/2024)
Vietnam is welcoming investment by Chinese enterprises in the green and digital economies, both of which fall under the country’s sustainable development model for economic growth, Vietnamese Prime Minister Pham Minh Chinh said during a meeting with Chinese corporations.
Vietnam is welcoming investment by Chinese enterprises in the green and digital economies, both of which fall under the country’s sustainable development model for economic growth, Vietnamese Prime Minister Pham Minh Chinh said during a meeting with Chinese corporations.
EU emerges as bright spot among Vietnamese shrimp export markets (22/05/2024)
Vietnam’s shrimp exports in April witnessed an upward trajectory, with exports to the EU market soaring by 28% year on year to US$38 million, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnam’s shrimp exports in April witnessed an upward trajectory, with exports to the EU market soaring by 28% year on year to US$38 million, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Israeli importers interested in Vietnamese products (22/05/2024)
A number of Israeli importers have participated in exhibitions in Vietnam to seek contracts with local suppliers, according to the Federation of Israeli Chambers of Commerce (FICC).
A number of Israeli importers have participated in exhibitions in Vietnam to seek contracts with local suppliers, according to the Federation of Israeli Chambers of Commerce (FICC).
France, Vietnam hold annual high-level economic dialogue (21/05/2024)
Deputy Minister of Planning and Investment Tran Quoc Phuong and Minister Delegate for Foreign Trade, Economic Attractiveness, Francophonie and French Nationals Abroad Franck Riester co-chaired the 8th session of the annual high-level economic dialogue between Vietnam and France on May 17 in Paris.
Deputy Minister of Planning and Investment Tran Quoc Phuong and Minister Delegate for Foreign Trade, Economic Attractiveness, Francophonie and French Nationals Abroad Franck Riester co-chaired the 8th session of the annual high-level economic dialogue between Vietnam and France on May 17 in Paris.
Vietnam benefits from Lotte-KOBC global logistics partnership deal (21/05/2024)
Vietnam will benefit from a partnership deal on global logistics between Lotte Global Logistics of the Republic of Korea and Korea Ocean Business Corporation (KOBC).
Vietnam will benefit from a partnership deal on global logistics between Lotte Global Logistics of the Republic of Korea and Korea Ocean Business Corporation (KOBC).
Indian tech billionaire meets Vietnamese technology community (21/05/2024)
Indian technology billionaire Narayana Murthy, founder of IT giant Infosys, held a dialogue with Vietnamese tech savvy developers at Hoa Lac Hi-Tech Park in Hanoi on May 20 as part of his Vietnam visit from May 19 to 23.
Indian technology billionaire Narayana Murthy, founder of IT giant Infosys, held a dialogue with Vietnamese tech savvy developers at Hoa Lac Hi-Tech Park in Hanoi on May 20 as part of his Vietnam visit from May 19 to 23.
Vietnamese seafood likely to get bigger market share in US (21/05/2024)
Vietnamese aquatic products are expected to gain a larger market share in the United States if Vietnam is recognised as a market economy by the US, according to experts.
Vietnamese aquatic products are expected to gain a larger market share in the United States if Vietnam is recognised as a market economy by the US, according to experts.
Vietnamese steel affirms position in world market (21/05/2024)
The steel industry has affirmed its position by reaching the Top 12 in the world in terms of crude steel production. Not only is the production output growing rapidly, but Vietnamese steel products are also gradually becoming more diverse, according to the Vietnam Steel Association (VSA).
The steel industry has affirmed its position by reaching the Top 12 in the world in terms of crude steel production. Not only is the production output growing rapidly, but Vietnamese steel products are also gradually becoming more diverse, according to the Vietnam Steel Association (VSA).
Nearly 2.5 tonnes of early-ripening lychees to enter Middle East market (21/05/2024)
The northern province of Bac Giang will soon export 2.5 tonnes of early ripening lychees to the Middle East market, said Nguyen Van Bao, a representative from Toan Cau Food Import-Export Joint Stock Company that has completed harvesting the fruit for export to the market.
The northern province of Bac Giang will soon export 2.5 tonnes of early ripening lychees to the Middle East market, said Nguyen Van Bao, a representative from Toan Cau Food Import-Export Joint Stock Company that has completed harvesting the fruit for export to the market.
Trade surplus to EU market down by 8.5% in 2023 (20/05/2024)
Vietnamese trade surplus to the EU market reached US$28.7 billion, down 8.5% compared to 2022, according to details given by the Vietnam Import-Export Report 2023 announced by the Ministry of Industry and Trade (MoIT)'s Agency for Foreign Trade on May 16.
Vietnamese trade surplus to the EU market reached US$28.7 billion, down 8.5% compared to 2022, according to details given by the Vietnam Import-Export Report 2023 announced by the Ministry of Industry and Trade (MoIT)'s Agency for Foreign Trade on May 16.
Phones and components no longer biggest export group to China (20/05/2024)
With a fall of 14% in export value recorded during the first four months of the year, Vietnamese phones and components have lost their position as the number one export group to the Chinese market.
With a fall of 14% in export value recorded during the first four months of the year, Vietnamese phones and components have lost their position as the number one export group to the Chinese market.
ASEAN and EU emerge as largest importers of Vietnamese steel (20/05/2024)
Vietnamese steel exports to a number of major markets worldwide witnessed positive signs last year, with ASEAN and EU being the largest buyers, according to the 2023 Import-Export Report.
Vietnamese steel exports to a number of major markets worldwide witnessed positive signs last year, with ASEAN and EU being the largest buyers, according to the 2023 Import-Export Report.
Groundwork laid for the dual transition (20/05/2024)
Vietnam’s strategic focus on attracting high-quality foreign investment is being demonstrated through its emphasis on green and digital transformation projects, supported by robust legal frameworks and a strong commitment to sustainability and technological innovation.
Vietnam’s strategic focus on attracting high-quality foreign investment is being demonstrated through its emphasis on green and digital transformation projects, supported by robust legal frameworks and a strong commitment to sustainability and technological innovation.
Opportunities for Vietnam amid Chinese investment wave (20/05/2024)
China was the sixth-largest investor among 146 countries and territories investing in Vietnam in the first quarter, with registered capital of over $27.6 billion, according to the Ministry of Planning and Investment (MPI).
China was the sixth-largest investor among 146 countries and territories investing in Vietnam in the first quarter, with registered capital of over $27.6 billion, according to the Ministry of Planning and Investment (MPI).
Foxconn continues to expand production in Vietnam (20/05/2024)
Apple's main supplier, Foxconn, continues to expand its production in Vietnam with a focus on computing products.
Apple's main supplier, Foxconn, continues to expand its production in Vietnam with a focus on computing products.
Ho Chi Minh City lures $900 million in FDI in first four months (14/05/2024)
In the first four months of 2024, a total of $915.6 million in foreign direct investment (FDI) capital flowed into Ho Chi Minh City, down 6.5 per cent against the same period last year.
In the first four months of 2024, a total of $915.6 million in foreign direct investment (FDI) capital flowed into Ho Chi Minh City, down 6.5 per cent against the same period last year.
Vietnam’s textile sector brings in $37 billion in FDI (14/05/2024)
Over $37 billion in foreign direct investment (FDI) has flowed into Vietnam’s textile and garment sector, according to the Vietnam Textile and Apparel Association (VITAS).
Over $37 billion in foreign direct investment (FDI) has flowed into Vietnam’s textile and garment sector, according to the Vietnam Textile and Apparel Association (VITAS).
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