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.

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 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).

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.

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.

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.

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.

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.

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).

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.

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.

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).

Ho Chi Minh City needs nearly $35 billion for 10 metro lines (14/05/2024)
The southern city wants to build 10 metro lines by 2060, over 510km in length, and with a total investment of nearly $34.5 billion.

Aquatic exports rebound in April (14/05/2024)
Key Vietnamese aquatic exports such as shrimp and Tra fish (pangasius) saw robust growth in April, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

SK Group breaks ground on $500 million biodegradable materials plant (13/05/2024)
South Korea’s second-largest conglomerate, SK Group, started construction on a $500 million biodegradable materials plant in Haiphong.

Important trends emerge in Vietnam’s investment landscape (13/05/2024)
Several important trends emerged in Vietnam’s investment landscape last year, including high-tech sectors, surging investment from China, and comprehensive cooperation with Japan in all fields, according to the recently released 2023 Report on Provincial Competitiveness Index (PCI) and Provincial Green Index (PGI).

Garment makers confident to beat US$44 bln export target for 2022 (13/05/2024)
The garment industry says its goal of earning US$44 billion from exports this year is likely to be within reach as many garment makers have secured export orders till the end of the third quarter, plus sound performance in the first quarter.