HCM City’s industrial production index down 0.9% in Q1 (04/04/2023)
Ho Chi Minh City’s Index of Industrial Production (IIP) in the first quarter of 2023 declined by 0.9% compared to the same period last year, the municipal Department of Industry and Trade reported at a press conference on April 3.

Production and export boost acknowledged to fortify targets (04/04/2023)
With a decline in trade for Q1, looming risks both in the global markets are posing challenges for the country to reach its export target this year.

MARD targets $14 billion in agro-forestry-aquatic exports in Q2 (04/04/2023)
The Ministry of Agriculture and Rural Development targets $14 billion in export turnover of the agro-forestry-acquatic sector in the second quarter of this year, an increase of 3 per cent on-year.

Private sector remains driving force for Vietnam’s economy (04/04/2023)
Capital from the private sector also makes a great contribution to socio-economic development.

Vietnam’s fisheries exports reach 1.85 billion USD in Q1 (04/04/2023)
Fisheries export value was estimated at 1.85 billion USD in the first quarter of this year, a decline of 27% compared to the same period last year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Garment exports expected at more than $45 billion in 2023: association (04/04/2023)
The Vietnam Textile and Apparel Association (VITAS) forecast garment exports to reach more than USS$45 billion in 2023, higher than this year value of $44 billion, driven by the opportunities provided by new-generation free trade agreements.

Vietnamese embassy meets overseas Vietnamese in India, Nepal (03/04/2023)
The Vietnamese Embassy in India on April 1 held an online meeting with representatives of the Vietnamese communities in India and Nepal.

Vietnam, Israel conclude FTA negotiations (03/04/2023)
Vietnam and Israel on April 2 announced the conclusion of negotiations for their free trade agreement (FTA), creating a premise for the two countries to sign the deal right this year.

Vietnam’s exports face plenty of challenges in year ahead (03/04/2023)
Inflation is still high in many countries, leading to the trend of monetary tightening and interest rates which are expected to continue to increase in the first half of the year.

HCM City sees over 22% rise in FDI inflows in Q1 (03/04/2023)
Ho Chi Minh City has drawn 497.5 million USD of foreign direct investment (FDI) in the first three months of this year, up 22.4% year on year, according to the city’s Statistics Office.

Vietnamese retail market appealing to foreign investors (03/04/2023)
The nation is becoming an attractive retail market for companies globally with many regional and global FDI investors recently revealing their plans to increase capital and expand distribution networks here.

Gains feasible through large-scale FDI (03/04/2023)
Vietnam’s foreign capital perspective is being pressured by incentives from other nations to encourage their own investors to return home.

Capital poured into HCM City’s export processing, industrial zones up 21% in Q1 (31/03/2023)
Export processing zones (EPZs) and industrial parks (IPs) in Ho Chi Minh City attracted over 90.1 million USD worth of capital in the first quarter of 2023, increasing by 21.36% year-on-year and fulfilling 16.39% of the yearly plan.

Digital transformation paves way for agro exports (31/03/2023)
Given the decline of many traditional raw export markets, agro businesses have been actively promoting technology transfer and application in production, focusing on deep processing to diversify export markets.

Vietnam expected to export 7 million tonnes of rice this year: Ministry (31/03/2023)
Vietnam is expected to ship about 6.5-7 million tonnes of rice abroad this year thanks to the return of markets like Indonesia, Bangladesh, and China, according to the Ministry of Industry and Trade (MoIT).

Vietnam’s Q1 trade of agro-forestry-fisheries products exceeds $20 billion (31/03/2023)
The import-export revenue of agro-forestry-fisheries products in the first quarter of this year was estimated at 20.63 billion USD, down 11.2% year on year, according to the Ministry of Agriculture and Rural Development (MARD).

New tax gives Vietnam incentive to adjust (31/03/2023)
Businesses in Vietnam want preparations to be intensified for the upcoming introduction of a global minimum corporate tax rate.

ASEAN, Japan reaffirm commitment to take partnership to new heights (31/03/2023)
Senior officials of ASEAN and Japan attending the 38th ASEAN-Japan Forum in Tokyo on March 28 reaffirmed their commitments to further advance the partnership and strengthen cooperation, as both sides are marking the 50th Anniversary of Dialogue Relations this year.

Global minimum tax should not impact investors’ benefits: Conference (31/03/2023)
Vietnam needs to develop appropriate policies to adapt to the global minimum tax and remain an attractive FDI destination, heard a seminar in Ho Chi Minh City on March 29.

Energy-intensive industries urged to approach decarbonisation objectives (31/03/2023)
Cement, plastic, and steel industries in Vietnam are being expected to actively participate in Vietnam’s circular economy as decarbonisation will be key to ensure their sustainable development.