(VEN) - Bac Ninh Province has gradually joined the global value chain over the past decade by realizing the key importance of its supporting industries and adopting policies to develop them.
(VEN) - Economists say Vietnam should come to terms with a decline in its growth rate this year and prepare to maintain and boost growth in the coming years, since the Covid-19 pandemic will likely last longer than expected.
(VEN) - Vietnamese supporting industry enterprises are implementing more effective capital use and restructuring as they reorganize to seize post Covid-19 opportunities.
(VEN) - At a July 2 online conference between the Vietnamese government and localities, Prime Minister Nguyen Xuan Phuc asked sectors and localities to sustain the import-export goal and aim at a trade surplus this year. The country’s trade surplus reached a four-year record of US$9.9 billion in 2019.
Vietnam exported over 166,800 tonnes of peppercorn worth 356 million USD in the first half of 2020, down 5.7 percent in volume and 21.1 percent in value compared to the same period last year, according to the General Department of Customs.
(VEN) - A workshop titled “Increasing sales together with Amazon and Tiki” took place recently in Hanoi.
Many private enterprises said they want to invest in building renewable energy infrastructure, but Việt Nam still lacks mechanisms to encourage private enterprises to participate in this activity.
The central city began construction of the first surface-mount technology (SMT) factory at Đà Nẵng Hi-Tech Park. The plant would make printed circuit boards and electronic components for export from early 2021.
(VEN) - Lam Dong is one of five Central Highlands provinces selected by the Ministry of Industry and Trade for a key three-year project to improve the productivity and quality of coffee processing by rural industrial establishments.
Malaysia could become one of the biggest export markets in ASEAN for Việt Nam, especially in the post-pandemic period, a city official said at a meeting in HCM City on Thursday (July 16).
(VEN) - Investment in processing technology is helping the agricultural sector recover after the pandemic, as well as opening a window of opportunity for Vietnam to achieve its goal of ranking among the world’s top 10 agriculture-processing nations.
(VEN) - Electricity consumption in Vietnam recorded an all-time high of 38,800MW in June, according to the Vietnam Electricity (EVN), breaking the level of 38,147MW recorded in June 2019. EVN, the state-owned national power distribution company, plans to utilize multiple electricity sources to ensure sufficient power amid constantly rising demand and adverse climate change effects.
(VEN) - The Hanoi Department of Industry and Trade has been implementing Vietnamese goods supply-demand connection activities to help boost domestic production and sales and provide new investment opportunities.
(VEN) - The Vietnam Trade Promotion Agency under the Ministry of Industry and Trade has adopted promotion plans for typical rural industrial products at regional and national levels.
(VEN) - Vietnam’s automakers import some 80 percent of their parts, raising car prices above those in neighboring countries. To lower locally manufactured car prices, Vietnam must reduce its reliance on imported parts and components.
With a scale of nearly US$180 billion and an annual two-digit growth rate, the Vietnamese consumer retail market is being squeezed by foreign investors.
The State should develop solutions to reduce high logistics costs in trading agricultural products to improve the competitiveness of Vietnamese farm produce on the market, according to experts.
Vietnam’s exports of fruits and vegetables to major markets like the US, the Republic of Korea (RoK) and Thailand have surged despite the COVID-19 pandemic worldwide.
The Gulf Energy Development PLC of Thailand has announced the purchase of two wind power farms worth about 200 million USD in Vietnam, in order to take advantage of low interest rates as it seeks projects with a quick return on investment.
A week-long trade fair of typical agricultural products was opened for the first time at Big C An Lac supermarket, Ho Chi Minh City on July 3 in a bid to promote the agricultural products of Southern provinces.
(VEN) - The steep decline of the Vietnamese stock market due to the spread of the Covid-19 pandemic has lured many new investors to the market.
(VEN) - With abundant high quality human resources, a large number of quality suppliers, and strong commitments to providing land for investors in industrial parks, improving the business environment and simplifying administrative procedures, Ho Chi Minh City (HCMC) has become the third biggest foreign direct investment (FDI) attractor in Vietnam.
Japan’s Sharp Corp said on June 30 that it plans to put into operation a solar power plant in Ninh Thuan, a province in south central Vietnam, in early July.
Barriers in the business environment must be removed to promote the development of private enterprises, which is considered a push for post-pandemic economic growth, experts said.
The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) has set a pre-tax profit target of 13 trillion VND (558.8 million USD) in 2020, just 1 percent higher than the figure last year.
The State Bank of Vietnam set the daily reference exchange rate at 23,230 VND per USD on June 25, up 2 VND from the previous day.
Vietinbank (CTG) has approved a plan to sell 50 percent of its holdings in the bank’s financial arm Vietinbank Leasing Company Limited.
Đỗ Nhất Hoàng, director-general of the Foreign Investment Agency under the Ministry of Planning and Investment, spoke to Vietnam News Agency on the factors that make Vietnam an attractive place for foreign investors
The World Bank Group and the Australian Government have agreed to extend their strategic partnership in Việt Nam with a commitment of a further AUD5 million (US$3.43 million) to support Việt Nam’s economic recovery and protect the most vulnerable from the negative impacts of the COVID-19 pandemic.
(VEN) - Attracting foreign direct investment (FDI) is key to reviving the economy, Prime Minister Nguyen Xuan Phuc told participants at a recent conference in Hanoi themed “Working together, overcoming challenges, seizing opportunities, restoring the economy”.
Tin Khu Vực 
