Prime Minister Phạm Minh Chính has required utmost efforts to fulfil to the highest possible level of targets and tasks for 2023.
The International Exhibition on Industrial Machinery, Equipment, Technology and Products (VINAMAC EXPO 2023) will take place from November 15 - 17 in Ho Chi Minh City.
Recently, a number of mechanical products manufactured by Vietnam have had good quality, equivalent to that of some countries in the region.
Vietnam’s trade surplus in September was estimated at 2.29 billion USD, bring the figure in the first nine months of the year to 21.68 billion USD, the General Statistics Office (GSO) announced on September 29.
The agro-forestry-fisheries sector posted a trade surplus of 8.04 billion USD in the first nine months of this year, up 22.5% annually, reported the Ministry of Agriculture and Rural Development (MARD).
Amidst the increasing demand for raw materials in the food, cosmetics, and pharmaceutical industries, and Vietnam’s participation in various free trade agreements, the country’s herbal products, particularly cinnamon and star anise, are well-positioned to capitalise on the opportunity for development, heard a conference in Hanoi on September 28.
Việt Nam has made efforts in its legislation framework for illegal, unreported, and unregulated (IUU) fishing in a very positive way. What is more important is proper implementation and enforcement of the legislative framework in provinces and among fishermen, said Julien Guerrier, the European Union (EU) Ambassador to Việt Nam.
Việt Nam’s coffee exports to Japan are displaying positive trends, buoyed by rising selling prices amidst Japan’s reduced coffee imports from global sources.
Solutions to promote the development of Vietnamese brands in member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) agreement were discussed at a seminar hosted by the Cong Thuong (Industry and Trade) magazine in Hanoi on September 27.
A seminar themed “Technology application and innovation for export competitiveness enhancement in the agricultural sector of Vietnam” was held by the Vietnam Chamber of Commerce and Industry (VCCI) in Hanoi on September 27.
Brands in Việt Nam and the Asia Pacific region are strongly investing in commercial conversation to improve the customer experience, experts said.
CT Group launched its ASEAN Carbon Credit Exchange Joint Stock Company (CCTPA) on September 29, becoming the first Vietnamese enterprise to kick off a voluntary carbon emissions exchange in an attempt to respond to trade policies on international environment, and to develop a low-carbon emission economy.
Vietnam aims to become a leading country in ASEAN and East Asia in chip production, with deeper participation in the global production and supply chain by 2030, according to an expert.
With a coastline covering thousands of kilometers long and many international ports, Vietnam has a weak vessel fleet; thus, the freight transport market share is dependent on foreign shipping companies. The shipping industry is facing major investments and solutions are needed to promote the potential and advantages of a maritime nation.
Vietnam attracted close to US$20.21 billion in foreign investment in the year to September 20, up 7.7 percent year on year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
As Vietnam faces the prospect of a coal shortage and the challenges of securing supply, more actions are needed to ensure a long-term coal supply for power generation.
A number of large enterprises from the South Korea are continuing to pour investment into Vietnam, turning the Southeast Asian country into their leading manufacturing hub in the world.
In the third quarter of 2023, Vietnam’s tech startups secured a total of $50.1 million in funding—a tremendous 504 per cent increase compared with the second quarter of 2023, according to a report by Tracxn, a leading global SaaS-based market intelligence platform.
Thanh Quang Group and Australia’s Acuity Funding on September 27 signed a funding approval agreement in which the latter will provide up to US$450 million for the former’s two cemetery projects in Việt Nam.
Vietnamese enterprises are moving towards digital offerings to offset future losses, but long-term vision is still needed in order to develop in a sustainable manner.