US Consul General in Ho Chi Minh City Mary Tarnowka has expressed her wishes to further promote trade with the Mekong Delta city of Can Tho in the field of agriculture, thereby enabling firms from the Mekong Delta and Can Tho in particular to boost their exports to the US.
As many as 14,657 businesses were established in the capital city of Hanoi in the first seven months of 2018 with a total registered capital of over VND16 trillion (US$687 million), down 1% in number but up 42% in capital year-on-year.
Hanoi’s export turnover in July was estimated at US$1.32 billion, up 2.3% against June, and 29.2% higher than the same period last year.
Vietnam is forecast to run the risk of electricity shortage during 2020-2030, heard the annual Vietnam Energy Forum held by the Ministry of Industry and Trade in Hanoi on August 9.
Vietnamese businesses have exported more than 92,000 tons of lychees (including fresh and dried lychee) from the 2018 crop, according to the latest statistics from the General Department of Customs.
As many as 550 businesses from 20 nations and territories are presenting their products at the 22nd International Exhibition on Food and Beverage and the 22nd International Exhibition on Food Processing, Packing Technology and Equipment (VietFood & Beverage – ProPack), that opened in HCM City on August 8.
A budget of VND15 trillion (US$645 million) will be spent on 14 urgent transport projects during the 2016-2020 period under the Standing Committee of 14th National Assembly’s Resolution No.566/NQ-UBTVQG14.
Bilateral trade between Vietnam and the UK reached US$3.12 billion in the first half of this year (a year-on-year rise of 14.2%), with Vietnam’s exports to the European market at US$2.73 billion (up 14%) and imports at US$389.76 million (up 14.7%), according to the General Department of Vietnam Customs.
The Communist Party and the Government of Vietnam have since long ago integrated green economy in their guidelines and policies, which have been turned into actions by sectors and local administrations.
Vietnam aims to increase value of coffee products by processing more than 25% of its coffee beans by 2020, according to the Processing and Market Development Authority (AgroTrade) under the Ministry of Agriculture and Rural Development.
Vietnam’s seafood export value in the first seven months of 2018 was estimated at US$4.63 billion, up 6.3% over the same period last year, according to the Ministry of Agriculture and Rural Development (MARD).
HCM City People’s Committee will equitise Sai Gon Jewelry Co Ltd (SJC), Vietnam’s largest gold and gold jewelry production and distribution company, in 2019.
The Mekong Delta province of Dong Thap has issued identification numbers to ponds that breed tra fish under a government decree on aquaculture management that went into effect last July.
The direct exports to foreign distribution systems are considered to be an efficient and sustainable method, which many Vietnamese exporters are pursuing.
As the exchange rate between USD and Vietnamese dong has surged in the past two months, exporters are eager for extra profits they can earn for each batch of goods. However, importers will have to pay more for their goods.
PSNews – The Vietbuild Can Tho 2018 provides good opportunity for domestic and foreign businesses to introduce new products and technologies as well as their new plans in the future, contributing to the development of the construction industry and the overall integration process of the country.
Many State-owned public utility companies in Ho Chi Minh City are set to be equitised in 2019.
Prime Minister Nguyen Xuan Phuc has tasked the national steering committee on economic restructuring and growth model reform with seeking ways to create new momentum for the national economy.
Starting early next year, EU investors will be able to tender for several types of public infrastructure projects in Vietnam for the first time under EU-Vietnam Free Trade Agreement commitments.
PSNews – The Can Tho Municipal People’s Committee will hold an investment promotion conference on August 10, to call investors for 54 projects worth nearly 124 trillion VND (5.5 billion USD).