China spends $0.5 billion to buy Vietnam’s ‘super-food’ (06/03/2023)
Salangane nest exporters in Vietnam can earn $200-300 million a year. China has signed a protocol on full-tax export of the expensive salangane nests to its market.

Workshop seeks ways to raise Vietnamese coffee’s value (06/03/2023)
Much needs to be done to raise the value of Vietnamese coffee in the international market, experts said at a workshop in Ho Chi Minh City on March 4.

Pepper exports hit 129 million USD in first two months (06/03/2023)
Vietnam exported over 41,000 tonnes of pepper worth 129 million USD in the first two months of this year, up 35% in volume, but down 7.4% in value over the same period from 2022, according to the Import-Export Department under the Ministry of Industry and Trade.

US biggest supplier of meat, meat products to Vietnam in January: MoIT (06/03/2023)
In January, Vietnam imported 7,950 tonnes of meat and meat products worth 16.86 million USD from the US, which made it the biggest supplier to the country, according to the Ministry of Industry and Trade (MoIT)’s Import-Export Department.

Economic institution reform key to breaking through middle-income trap: experts (06/03/2023)
Economists said only 13 out of 101 middle-income countries in the 60s managed to break through the middle-income trap by the end of 2008,...

Apple develops production facilities in Vietnam: Bloomberg (06/03/2023)
AirPods maker GoerTek Inc. is investing an initial US$280 million in a new Viet Nam plant, Deputy Chairman Kazuyoshi Yoshinaga said in an interview with Bloomberg.

PM requests favourable mechanisms, policies for innovation (06/03/2023)
The 35ha Vietnam National Innovation Centre is set up with the aim of supporting and developing startup and innovation ecosystems in Việt Nam.

Arcadia Consulting Success launched in Vietnam (06/03/2023)
Arcadia Consulting Group announced its partnership with PropCoach International Inc. on March 2 to reiterate its commitment to helping Vietnam’s real estate agents and developers by providing appropriate skill development opportunities through immersive, personalised learning experiences.

VGS Hidden Castle is attracting investors (06/03/2023)
The VGS Hidden Castle technology golf chain, launched in mid-February, has rapidly caught the eye of investors and golfers for the scale and professionalism created by its founders.

OVs in Czech Republic contribute ideas to draft revised Land Law (03/03/2023)
Overseas Vietnamese in the Czech Republic actively contributed their ideas to the draft Land Law (revised) at a conference held on March 2 in both online and in-person formats.

Vietnam boasts high potential to become new global production hub: expert (03/03/2023)
Vietnam has high potential to become a new production hub of the world in the context of the current transition of the supply chain, said Dr. Ho Quoc Tuan, a senior lecturer at Bristol University in the UK.

Foreign investment in HCM City up 43 per cent in two months (03/03/2023)
As much as 332.3 million USD in foreign investment was poured into Ho Chi Minh City in the first two months of this year, up 43.1 per cent year on year, the municipal Statistics Office reported.

Vietnam-Japan Joint Initiative plays role in raising Vietnam’s FDI attractiveness: meeting (03/03/2023)
The Vietnam-Japan Joint Initiative (VJJI) has significantly contributed to improving the domestic business environment and raising Vietnam’s competitiveness in foreign direct investment (FDI) attraction, an official from the Vietnamese Ministry of Planning and Investment (MPI) has said.

Manufacturing business conditions improve in February (03/03/2023)
The Vietnamese manufacturing sector has seen a pickup in new orders, leading to higher output, employment and purchasing activity.

Vietnam’s e-commerce expected to grow further (03/03/2023)
Despite the global recession that has hit e-commerce markets in the world’s biggest economies, Vietnam appears well positioned, in contrast, and is expected to grow through this phase, according to an article published on the foreign investment consulting firm Dezan Shira & Associates’ Vietnam Briefing website.

China’s reopening stirs Southeast Asia durian export competition (03/03/2023)
Competition in exporting durian to China is rising between long-time player Thailand and newbies Vietnam and the Philippines as the world’s largest market for the fruit reopens after Covid.

Implementation of import-export policies to be streamlined: experts (03/03/2023)
In the post-pandemic recovery period, domestic businesses continue to face difficulties in implementing policies related to import-export activities, requiring prompt solutions, Vice Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Hoang Quang Phong said on March 2.

Singapore leads foreign investment in Vietnam (02/03/2023)
Singapore remained the biggest foreign investor in Vietnam among the 51 countries and territories investing in Vietnam in the first two months of 2023, with 978.4 million USD, making up nearly 31.6 per cent of the total registered foreign direct investment (FDI) in the country, down 42.7 per cent year-on-year, the Ministry of Planning and Investment (MPI) reported.

Switzerland sees downside as FTA not yet reached (02/03/2023)
The entry into force of the EU-Vietnam free trade agreement (FTA) has put Swiss exporters at a competitive disadvantage over their main EU competitors, spokesman for Switzerland’s State Secretariat for Economic Affairs (SECO) Fabian Maienfisch told Thuc Minh.

Car sales on the decline after policy effects wear off (02/03/2023)
After hitting record sales last year thanks to incentives and high demand, Vietnam’s car consumption his showing signs of slowing.