Vietnam’s forestry product export is expected to reach US$9.3 billion this year, according to the Ministry of Agriculture and Rural Development’s Vietnam Administration of Forestry (VAF).
Vietnam had won a three-year dispute with Indonesia regarding safeguards on certain iron and steel products, according to the Trade Remedies Authority of Vietnam.
Vietnam expects to export 1.7 million tonnes of coffee this year, earning about US$3.5 billion, said Chairman of the Vietnam Coffee – Cocoa Association (VICOFA) Luong Van Tu.
Vietnam’s huge potential in the offshore wind industry has caught the eye of overseas investors, but further work is required to kick-start the fledgling market, according to energy experts.
The Asian Development Bank (ADB) has approved over $100 million in financing to help Viet Nam install 8 modernized irrigation systems in five drought-affected provinces, which will improve agricultural productivity, especially among farmers growing high-value crops.
The ASEAN and other new regional Asian groups became the focus of a plenary session on November 26, part of the 2018 Horasis Asia Meeting held in the southern province of Binh Duong.
Vietnam’s export of wood and wood-based products is projected to reach US$8.85 billion in 2018, up over US$1 billion from the 2017 record of US$7.7 billion.
The rate of land rental in the industrial parks (IPs) and industrial clusters in the southern province of Binh Duong has reached 80.8% and 70.6%, respectively, according to the provincial Department of Planning and Investment.
A new dynamism is creating more prosperity and stability in Asia as nations across the region are joining together politically and through trade, speakers said on November 25 at the opening plenary session of the Horasis Asia Meeting, which officially begins on November 26.
Trade between India and Vietnam in textiles has grown significantly, but there is still huge untapped potential, the Indian consul general in the city has said.
Prime Minister Nguyen Xuan Phuc has assigned the mountainous northern province of Cao Bang to develop a mountainous tourism trademark for the country, which is also one of the directions serving the locality’s future socio-economic development.
Over the past 2 decades, textile and apparel businesses run by overseas Vietnamese in Russia have generated jobs for many Vietnamese. There are currently 200 textile manufacturing facilities, employing more than 10,000 people.
A northwestern and northern mountainous specialty week was launched in Big C An Lac supermarket of Ho Chi Minh City on November 23, introducing various products of the localities to southern consumers for the first time.
The top 100 sustainable enterprises in 2018 were announced at a ceremony held by the Vietnam Business Council for Sustainable Development (VBCSD), under the Vietnam Chamber of Commerce and Industry (VCCI), in Hanoi on November 22.
Nearly 750 businesses from 20 nations and territories around the globe will attend the 16th Vietnam International Trade Fair (Vietnam Expo 2018) slated for December 5-8 in HCM City with a wide range of trade promotion activities.
The service industry in the northeastern border province is estimated to grow by 14.2% this year thanks to the locality’s concrete actions to boost its tourism services.
It is critical to enhance the awareness of businesses about non-tariff measures and build the capacity to tackle invisible trade barriers, experts have said.
Orientations aimed at speeding up the restructuring process of Vietnam’s economy amidst the Fourth Industrial Revolution was the focus of a workshop held by the National Centre for Socio-economic Information and Forecast (NCIF) and the Ministry of Planning and Investment in Hanoi on November 22.
The Asia-Africa Market Department under the Ministry of Industry and Trade (MoIT) plans to organise a trip for businesses to Dubai, the United Arab Emirates (UAE) in order to aid them in developing markets, promoting exports and strengthening trade ties from between December 10 and 15.
The Vietnamese internet economy has almost tripled in three years to reach US$9 billion in 2018, driven by e-commerce and online media, a new report released by Google and Temasek showed.