The VN Index, Viet Nam’s benchmark stock index, grew 12.8 per cent in January, as it joined the top three best performers in the world in the first month of 2018, just behind Argentina (16.21 per cent) and Nigeria (15.95 per cent).
Ho Chi Minh City is destined to reach Gross Regional Domestic Product (GRDP) growth of between 8.3% and 8.5% for 2018, according to a January 2 conference on the city’s socio-economic development.
Fruit and vegetables have surpassed traditional farm produce such as rice, rubber, tea, and cashew nuts to become a major foreign currency earner in the agricultural sector.
The year 2017 marks an important milestone in the development of cooperation between Russia and Vietnam in politics, economy, technology, military and humanitarian affairs, said Aleksey Popov, Russian Consul General in Ho Chi Minh City.
Vietnamese dragon fruit went up for sale at Australian grocery stores from September 24 after nine years of negotiations, following lychees and mangoes.
The imposition of temporary safeguard duties on DAP and MAP fertiliser imports into Vietnam, which came into effect on August 19, is an effort to help protect the domestic fertiliser industry but might push up production costs for farmers.
Vietnam’s macro economy remained stable in the first six months of 2017 while inflation was curbed so as to reach the national steering committee on price management’s yearly target of 4%.
Ho Chi Minh City’s gross regional domestic product grew by 7.76 percent in the first half of this year, higher than the same period in the past two years.
The cooperative economic sector in Ho Chi Minh City aims to achieve an annual growth rate of 10% from 2017 – 2020, said the municipal Cooperative Alliance’s Chairwoman Le Hoang Yen on June 13.
The Mekong Delta maintained its status as a dynamic economic region as localities have seen a significant surge in their Provincial Competitiveness Index (PCI) in 2016.
Vietnam exported an estimated 1.28 million tonnes of rice in the first three months of the year, earning US$570 million, down 18% in volume and 17.3% in value compared to the same period last year.
The shrimp exports is expected to reach between US$4.5 – 5 billion by 2020, with an annual increase of between 9.5 – 12 percent.
The Vietnam Association of Supporting Industries (VASI) was officially established in Hanoi on March 18 with a view to contributing to relevant policy planning and connecting domestic and foreign markets.
Vietnam and the UK are having numerous chances to increase the bilateral trade cooperation, according to Professor Julian Beer, Deputy Vice-Chancellor of Birmingham City University (BCU).
The Vietnam government has announced plans to invest heavily in perfecting the country’s intensive shrimp farming operations and expand production significantly over the next few years.
The goal is to cut half the time needed for business registration and simplify customs procedures this year.
Vietnam exports to Algeria in 2016 increased by 16% to US$271.42 million against the previous year, according to Vietnam Customs.
Energy is used in every part of the country’s economy—powering homes, businesses, factories, and cars, said speakers at a seminar on November 7 in Soc Trang Province.
India and Singapore decided to hold a dialogue to enhance bilateral trade and economy on October 4, according to Indian news agency PTI.
Prime Minister (PM) Nguyen Xuan Phuc told authorities of the central city of Da Nang to not rest on their laurels at a working session with municipal officials in Hanoi on September 28.