Vietnam remains favourite investment destination for European firms: Report (12/04/2023)
Precisely 36% of European firms ranked Vietnam either first, within their top three, or among their top five investment destinations on a global scale, according to the latest Business Climate Index (BCI) report released by the European Chamber of Commerce in Vietnam (EuroCham) and produced by Decision Lab on April 11.

More robust trade mechanisms aid Australian ties (12/04/2023)
Vietnam and Australia are set to elevate their existing ties to a comprehensive strategic partnership, with deeper investment and trade flows thanks to various free trade agreements already taking effect.

Tra fish by-products to become huge money earner: Experts (12/04/2023)
Stronger investment into processing by-products of tra fish will be a way for Vietnam to optimise their huge potential and values amid the expanding tra fish sector, according to experts.

Lack of orders plague VN wood export businesses (12/04/2023)
Vietnam’s wood industry has unexpectedly fallen into an unprecedented slump amid a sharp decline in orders.

Vietnam’s agricultural products face more difficulties in export to China (12/04/2023)
Vietnam’s agricultural product exports to China are facing increasing difficulties due to tightening export requirements, according to the Ministry of Agriculture and Rural Development (MARD).

Exports overcome challenges to achieve 6% growth target for 2023 (12/04/2023)
Vietnam had a total import and export turnover of nearly 154.3 billion USD in the first quarter of this year. Although the export turnover dropped more than 13% against last year, Vietnam still maintained a trade balance and had a trade surplus of 4 billion USD, 1.9 billion USD higher than in 2022. This will help Vietnam reach its target of 6% export growth this year.

Vietnam’s non-life insurance market continues to lure foreign capital (11/04/2023)
Viet Nam’s non-life insurance market has continued to attract foreign investors in the first months of this year.

VN-Index ends 3rd session in red (11/04/2023)
Vietnam’s benchmark VN-Index dropped 0.41% to 1,065.35 points Monday in its third straight losing session.

ESG game changer for firms seeking customers and funds (11/04/2023)
In the era of growing environmental and social concerns, Environmental, Social, and Governance (ESG) standards have emerged as a game-changer for firms seeking to improve their customer engagement and financial access.

Phat Dat named as Top 10 Real Estate Investor (11/04/2023)
Phat Dat (HSX: PDR) has just been named on the list of the 2023 Top 10 Real Estate Investors as announced by Vietnam Report on April 7.

VN garment industry in difficulty as global market shrinks (11/04/2023)
Vietnamese garment and textile exports plunged by 18.63% to US$8,701 billion during the first three months of the year, according to figures released by the Vietnam Textile and Apparel Association (Vitas).

Conference promotes Vietnam’s trade, investment cooperation with China’s locality (11/04/2023)
A conference on promoting trade, investment and economic cooperation between Vietnam and China’s Hainan province took place in the local Haikou city on April 10, attended by the sides’ officials and approximately 120 enterprises.

Vietnam sees farming revolution, exports high-quality rice (11/04/2023)
Anticipating that rice yield and output are nearly hitting the ceiling, Vietnam is preparing for a revolution in rice farming, striving for 1 million hectares of high-quality rice.

UK’s accession to CPTPP to bring more incentives for Vietnamese exports (11/04/2023)
The UK’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will complement the existing UK-Vietnam Free Trade Agreement (UKVFTA) and help upgrade the bilateral relations thanks to additional preferential tariffs, Kemi Badenoch, Secretary of State for the Department for Business and Trade of the UK, reportedly said.

Savills Vietnam: Prospects remains for office real estate and industrial real estate (10/04/2023)
Both sectors hold potential as the economic landscape recovers post-pandemic.

Policies needed to boost production linkage, localisation rate: insiders (10/04/2023)
Policies are needed to boost the number of domestic enterprises participating in the supply chain of multinational companies, and a boost is necessary in the localisation rate of the processing and manufacturing industry, which now remain modest, insiders said.

Vietnam absorbs some 5.45 billion USD of FDI in first quarter (10/04/2023)
Vietnam attracted nearly 5.45 billion USD worth of foreign investment in the first quarter of the year, down 39% year-on-year.

Vietnam eyes $30B in food, food stuff exports annually (10/04/2023)
Vietnam has issued a national action plan on building a sustainable food and food stuff system to 2030, with a goal of maintaining the export turnover of over $30 billion each year.

Vietnam exports 1.7 million tonnes of rice in Q1 (10/04/2023)
Vietnam exported 1.7 million tonnes of rice in Q1 worth over $900 million, a 19% increase in quantity and 30% rise in value over the same period last year, according to Vietnam Customs.

Rubber industry needs better grip on competitiveness in int’l market (10/04/2023)
As the COVID-19 pandemic recedes, Vietnam’s rubber industry faces challenges from both the world market and internal factors that hinder the industry’s competitiveness. Finicky global markets are extremely competitive and well down the road of development, meaning Vietnam needs to catch up to keep pace.