With Vietnamese goods making up only 2.7% and 3.3% in Japan and the Republic of Korea, respectively, there remains a wealth of opportunities open for Vietnamese exports to enter these promising markets, according to the Ministry of Industry and Trade (MoIT).
Vietnam accounted for 10% of semiconductor chip exports to the U.S. in the 12 months ending this February, ranking third after Malaysia and Taiwan.
Exports of Australian goods to China hit $12.71bn in March, up nearly one-third from year earlier.
Vietnam’s durian exports are expected to see a boom in the time ahead when the durian harvest season reaches its peak, according to the Ministry of Agriculture and Rural Development.
The Government yesterday said the impending free trade agreement (FTA) with Thailand will be inked within the first quarter of 2024, to boost exports from the country by three folds to $ 1.5 billion.
Before proposing to remove the ceiling price for domestic air transport services of enterprises, the Ministry of Finance said that this decision was decided by the Ministry of Transport.
Vice President Vo Thi Anh Xuan held talks with Deputy Amir of the State of Qatar Sheikh Abdullah Bin Hamad Al Thani in Doha on May 7 (local time), as part of her official visit from May 6-8.
Vietnam's businesses need to diversify their products to meet the needs of the Netherlands market to boost exports to this market.
After 15 years, Dung Quat Oil Refinery has processed more than 94 million tons of crude oil, sold more than 86 million tons of products to the market, revenue reached nearly 1.7 million billion VND, paid more than 207,000 billion VND to the state budget.
Techcombank's other profit in the first quarter increased dramatically thanks to the sale of its headquarters at 191 Ba Trieu (Hanoi), earning more than 1,700 billion VND with a profit of more than 730 billion VND.
The National Standardisation Strategy for 2030 has set a target of raising Vietnam’s harmonisation ratio with international, regional and foreign standards to at least 65% by 2025 and 75% by 2030.
Luxembourg is now Vietnam’s third-largest European investor, with capital totaling some $2.6 billion, according to Prime Minister Pham Minh Chinh.
Over the past few days, many Luxembourg news channels have reported on the official visit to Vietnam by Luxembourg Prime Minister Xavier Bettel from May 3-5, assessing that it will contribute to further strengthening the bilateral relationship in the coming time.
The recent removal of bidding rules by the Vietnamese government is expected to accelerate the entry of Korean medical device companies into the Vietnamese market, industry watchers said.
US and EU continuing to experience high inflation and slowing real estate markets.
The Vietnamese Embassy in Washington DC working in co-ordination with the strategic consulting firm The Asia Group organized a meeting on May 4 with Vietnamese businesses attending the 2023 SelectUSA Investment Summit.