Prime Minister calls for greater Việt Nam-UAE economic cooperation
Prime Minister Phạm Minh Chính has called for greater economic cooperation between Viet Nam and the United Arab Emirates (UAE), particularly in the conclusion of the Comprehensive Economic Partnership Agreement (CEPA) negotiations.
Vietnam does not face challenge from Cambodia pepper exports to China: experts
Vietnam's pepper exports are not challenged by Cambodia being issued a licence to export its pepper to China directly, according to experts.
Vietnam emerges as a major motorcycle market and manufacturing hub
Vietnam's motorcycle market has been among some of the fastest-growing markets in the world in the last decades despite setbacks brought by the COVID-19 global pandemic, according to the Vietnam Association of Motorcycle Manufacturers (VAMM)
Only 30-40% of real estate brokerages stay afloat – VARS
HCMC – The sluggish real estate market has left adverse impact on property brokers and developers nationwide, with operational real estate brokerages accounting for 30-40% of the total in late 2022. A market report released on June 6 by the Vietnam Association of Realtors (VARS) said 554 real
PouYuen Vietnam’s assistance for laid-off workers totals VND690 billion
HCMC – PouYuen Vietnam, the most labor-intensive company in Binh Tan District, HCMC, has offered financial assistance totaling VND689 billion to around 5,700 workers whose contracts were terminated in June and July this year. The Taiwan-invested footwear maker previously decided to lay off around
Manufacturing conditions weaken further in May
HCMC – The Vietnamese manufacturing sector continued to contract in May due to weakening demand and declining business confidence. The sector has experienced deteriorating conditions for the third consecutive month as the official manufacturing Purchasing Managers’ Index (PMI) was 45.3 last month,
Finance Ministry to draft VND23 trillion support package for workers
HCMC – The Finance Ministry is set to develop a support package worth VND23 trillion (nearly US$100 million) from the Unemployment Insurance Fund to provide further assistance to workers. Finance Minister Ho Duc Phoc announced this during the National Assembly’s Q&A session on the morning of
Durian exports continue to thrive
The export revenue of durian was reported at 190.5 million USD in the first four months of this year, a dramatic increase of 573.1% over the same period in 2022.
PM requests inspection of electricity supply
HCMC – Prime Minister Pham Minh Chinh has instructed the Ministry of Trade and Industry to establish a team to inspect the electricity supply of Vietnam Electricity Group (EVN) from 2021 to June of this year. This request is part of a directive on ensuring electricity supply, which was signed and
European-style natural scenery at The Florest, Da Lat (Vietnam)
The Florest: Flowers in the Forest is the largest flower garden in Da Lat. This is also a famous photography spot, attracting many tourists to visit. Coming here, you feel lost in the natural scenery as poetic as the sky, striding in the middle of a flower garden blooming with fragrance.
Vietnam’s exports grow 4.3% in May
HCMC – Vietnam’s exports in May continued to improve, with a 4.3% increase versus April to US$29 billion, according to an official at the Ministry of Industry and Trade. During the first five months of the year, exports generated US$136.2 billion. Manufactured products accounted for over 88% of
Cashew nut export sees positive growth over five-month period
Vietnam exported 219,000 tonnes of cashew nuts worth US$1.28 billion during the first five months of the year, increasing by 8.0% in volume and 5.5% in value compared to the same period last year, according to the General Department of Vietnam Customs.