There are bright prospects ahead for Vietnamese rice exports in the remaining months of the year due to higher export prices coupled with a rising demand globally.

Foreign direct investment (FDI) inflows into Vietnam as of November 20 surged by 0.1% to US$26.46 billion against the same period from last year, according to statistics released by the Ministry of Planning and Investment.

Vietnam held its place as the seventh largest tea supplier to the United States during the past nine months of the year with 4,100 tonnes worth US$5.7 million, according to the Ministry of Industry and Trade.

The Ministry of Finance (MoF) has proposed rescheduling excise tax payments for local automobile manufactures and assemblers.

Prime Minister Pham Minh Chinh and his entourage held a working session on November 24 with leaders of several major Japanese groups involving in digital transformation as part of his ongoing trip to Japan.

Vietnam wishes to explore opportunities and strengthen cooperation with Belgium’s Antwerp province in potential fields such as seaports, renewable energy, climate change adaptation and education.

The Vietnamese Embassy in collaboration with the Vietnamese Trade Office in Australia is launching a programme to popularize Vietnam’s Tra (pangasius) fish in various Australian cities.

Approximately 140 Vietnamese firms and over 100 Chinese partners participated in a virtual conference held on November 19 to increase bilateral trade promotion.

Foreign direct investment (FDI) attraction in Vietnam is expected to peak up steam in the coming months following several foreign investors’s decisions to inject huge amounts of capital into a number of major projects across the country, according to industry insiders.

Deputy Prime Minister Le Van Thanh has requested Long Thanh International Airport project to be accelerated so that its first phase could be completed in January 2025.

The Ministry of Agriculture and Rural Development (MARD) is in the process of finalizing a draft project on developing the local fruit and vegetable processing industry, with the aim of bringing the nation into the top five countries globally.

Boosting the development of the supporting industry is considered an important solution to help improve the quality and competitiveness of the Vietnamese economy and better serve the processing-manufacturing sector.

Vietnam’s agro-forestry-aquatic product exports surged 13.1% year-on-year in the first 10 months of 2021 to US$38.75 billion, according to the Ministry of Agriculture and Rural Development.

VinFast, a smart electric vehicle (EV) manufacturer from Vietnam, officially put its headquarters in the US into operation on November 16 (local time).

PSNews - Minister of Agriculture and Rural Development Le Minh Hoan on November 16 stated that, Vietnam should step up green agriculture to adapt to the new context. 

 Vietnam racked up a trade surplus of US$2.74 billion during October to bring its trade surplus during the opening 10 months of the year to US$125 million, according to figures released by the General Department of Vietnam Customs.