FDI sector posts over $14B in four-month trade surplus
Despite an overall export decline due to the shortage of orders, foreign direct invested (FDI) businesses still posted more than $14 billion in trade surplus in the first four months.
Vietnam, WTO agree to promote multilateral trading
Vietnamese Minister of Industry and Trade Nguyen Hong Dien and Director-General of the World Trade Organisation (WTO) Ngozi Okonjo-Iweal agreed to promote the multilateral trading system and other agendas being launched by the organisation, during their working session in Hanoi on May 18.
Slowing global economy hits Vietnam foreign trade
Vietnam witnessed declines in exports and imports in the first four months of this year, and exploring new markets is now considered one of the solutions to foreign trade bottlenecks.
US extends investigation into evasion of trade remedy tax on some Vietnamese goods
The US Department of Commerce (DOC) has announced an extension of the investigation period of trade remedy tax evasion for several goods imported from Vietnam, according to the Trade Remedies Authority under the Vietnamese Ministry of Industry and Trade.
Economic, trade, investment cooperation – a pillar of Vietnam-RoK relations
Economic, trade and investment cooperation has served as both a pillar and momentum of the relations between Vietnam and the Republic of Korea (RoK), Deputy Minister of Foreign Affairs Nguyen Minh Vu affirmed at a programme in the northern province of Bac Ninh on May 18.
China-Central Asia economic and trade cooperation achieves tangible results
China’s economic and trade cooperation with the five Central Asian countries has achieved tangible results since the establishment of diplomatic ties more than 30 years ago, Chinese Ministry of Commerce said in a press briefing on May 18.
EU Regulations to Combat Deforestation and Impact on Vietnam
The implementation of new EU regulations aimed at combating deforestation could have a significant impact on Vietnam’s agricultural exports to Europe. However, the implications can be viewed from both positive and negative perspectives. Let’s delve into the potential outcomes.
Vietnam has no right to self-determination, worried about the Nghi Son Refinery incident
Nghi Son Refinery and Petrochemical is the largest oil refinery in Vietnam, accounting for 35-40% of the domestic petroleum supply. However, Nghi Son Refinery and Petrochemical Plant is a joint venture between PVN, Kuwait, and Japanese investors. On the Vietnamese business side - PVN only
Attracting FDI: Ho Chi Minh City faces many challenges
Ho Chi Minh City is still among the top localities in attracting FDI, but billion-dollar projects are gradually finding other locations. Ho Chi Minh City has set a target to attract FDI by 2030, which: Increase the ratio of registered investment capital of countries and territories: Korea, Japan,
VinFast Vietnam will be one of the world's three largest electric vehicle companies?
After merging with Black Spade, Vietnamese brand VinFast's valuation is $23 billion, making it the third largest electric vehicle manufacturer by market value, second only to Tesla and Li Motors.
Pre-season dragon fruit has recorded the highest price
After the first rains of the season, dragon fruit gardens in Tien Giang province are lush. In Particular, the price of dragon fruit is currently at the highest level in recent years.
India, EU for expediting ongoing talks for trade agreement
Both sides also affirmed their commitment to work together on common priorities for WTO (World Trade Organisation) reforms including issues pertaining to the dispute resolution mechanism, subsidies on agriculture and fisheries, ecommerce moratoriums as well as domestic legislation, the commerce
Dragon fruit exports continue to fall amid intense competition
Vietnamese dragon fruit exporters are expected to have another difficult year as more countries grow the fruit and make the international market increasingly competitive.
China assures RCEP full implementation on Philippine move
The Philippines, as the last member country to deposit its instrument of ratification recently, will see the agreement enter into force on June 2.
Belgian firms explore Vietnamese business culture
A training conference was held in Brussels on May 15 to promote Belgian businesses’ understanding of the business environment and culture of Vietnam.
ASEAN Village Network to promote regional comprehensive cooperation
The ASEAN Village Network (AVN) will focus on three cooperation areas in its implementation namely tourist village, digital village and One Village One Product (OVOP), in order to promote the comprehensive connectivity and development in the region.