Historical turning point: Vietnam's multi-billion industry shaking
In the past two decades, Vietnam's export volume of cashew nuts has consistently ranked first in the world. Still, the historic transition from a trade surplus to a trade deficit has caused the Vietnamese cashew nut industry to stumble.
Foreign capital
Improving the business environment and planning land use for industrial production are needed to attract foreign capital. Enhancing industrial land use policy In 2022, the southern province of Dong Nai emerged as one of Vietnam’s top five destinations for foreign direct investment (FDI), the first
Key takeaways from PAPI 2022
PAPI 2022 shows people’s optimism about the economy despite the lingering concerns over the protracted impact of Covid-19. The report depicts a clear picture of the provincial performance in the second year of the 2021-26 tenure and changes in the public viewpoint on the efficiency of the fight
Bright spots amid dreary picture
Listed companies are entering the peak season when their business results for the first quarter of 2023 will be made public. As previously forecast, quite a few enterprises suffered a sharp decline in their profits, or even made losses. Risks from volatile prices, stagnant consumption This came as
Vietnamese spend $1.6 billion on importing iPhones
In 2022, Vietnam's expenditure on importing original smartphones exceeded $3.5 billion, with the iPhone alone exceeding $1.6 billion.
6 attractions recommended to visit in Ninh Thuan Province Vietnam
If you have the opportunity to visit Ninh Thuan,do not forget to enjoy overwhelming moments in these six beautiful places.
HCMC expedites site clearance for Beltway No. 3 project
HCMC – The HCMC People’s Committee has requested the localities that Beltway No. 3 passes through to focus on clearing 80% of the area by June 30 this year. Chairman of the city government Nguyen Van Mai made the above request at a conference on enhancing state management over compensation and
Parkson to exit Vietnam market
HCMC – Parkson Vietnam has filed for voluntary bankruptcy proceedings to the HCMC People’s Court on April 28 after years of losses in the Vietnamese market. The decision came after its 18 years of operating in Vietnam with an initial eight shopping malls, later narrowed down to the single Parkson
Awaking the taste buds with grilled banana wrapped in sticky rice
Vietnamese grilled banana wrapped in sticky rice (banh chuoi nep nuong) has been chosen as one of the most delicious and most-liked desserts due to its unique processing method and flavor. Vietnamese grilled banana wrapped in sticky rice is a rural and familiar dish in Vietnam. The ingredients to
Finance Ministry rejects 50% registration fee cut request again
HCMC – The Ministry of Finance has reiterated its rejection of a proposal to reduce 50% of the registration fee for local car manufacturers. The ministry wrote to the prime minister on April 28, stating that domestically manufactured and assembled cars should not be entitled to a 50% registration
Office plans support for firms to access Singaporean market
The Vietnamese Trade Office in Singapore has unveiled its intention to beef up Vietnam-Singapore business connection and the volume of Vietnamese exports to the Singaporean market.
Rice exports bring in nearly US$1 billion
In the first quarter of 2023, the average export price of Vietnamese rice reached US$529/ton, an increase of nearly 9 percent against the same period last year.