News

Vietnam's fibre exports foresee positive signals

Vietnam is the world's sixth-largest fibre exporter and the world's third-largest exporter of textiles and garments - just behind China and Bangladesh.

Ho Chi Minh City’s economy growing in 10 months

Ho Chi Minh City's economy continues to maintain positive growth momentum, driven by industrial production, domestic consumption, and stable supply and demand.

Vietnam’s coconut sector aims for export revenue of 1 billion USD

Vietnam aims to make coconuts a key export, with an annual revenue of 1 billion USD over the next five years.

Science, technology enable agriculture to make breakthrough

Vietnam is currently a major producer of agricultural products, an achievement greatly attributable to science and technology, according to the Ministry of Agriculture and Rural Development (MARD).

Vietnam needs $135 billion for power development by 2030

Vietnam needs around $134.7 billion to develop power plants and grid projects by the end of this decade, the Ministry of Industry and Trade has estimated.

Vietnam a potential investment market for retailers

Vietnam, with a population of nearly 100 million people, is considered a potential investment market for famous retailers around the world, therefore, many foreign retailers have increased their investments.

Newly registered FDI surges 54% in 10 months

Over 15.29 billion USD was channelled into 2,608 new foreign direct investment (FDI) projects as of October 20, respectively up 54% and 66.1% year on year, statistics showed.

Durian export brings home $1.63 billion in 9 months

The value of Vietnam’s durian export in the first nine months of 2023 reached 1.63 billion USD, 14 times higher than the figure of same period last year.

UK is potential market for Vietnamese durian

Vietnamese durian exports to the UK have increased due to high demand for this fruit and the advantages of the UK-Vietnam Free Trade Agreement (UKVFTA).

Firms hold chances to boost supporting industries amid FDI inflows

As Vietnam is emerging as a magnet for foreign businesses, domestic companies now have numerous opportunities to join global supply chains and develop supporting industries.

Lower demand hurts airline industry's recovery

In order to compensate for the decline in traditional markets, Vietnamese airlines have been actively looking for new international routes from major hubs.

Singapore grants conditional approval to Sembcorp to import power from ...

Singapore gives conditional approval for 1.2GW of electricity imports from Vietnam to Sembcorp Utilities.

Overseas remittances sent to HCM City reaches $6.687 billion in nine months, up ...

Remittances into Ho Chi Minh City hit $6.687 billion in the first nine months of 2023, a 40 percent increase year on year and similar to 101.3 percent of the previous year.

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News

Samsung wants to be largest foreign investor in Viet Nam over next decades

HCM City projected to experience 4-5% budget collection shortfall

Number of newly-established firms up 21.7% in October