Although bilateral trade has gone down in the last two years—by 9.7% to $13.3 billion in 2022 and by 6.5% to $9 billion from January to September—it is still growing.
Shrimp are exported from Vietnam to around 100 nations and territories worldwide, according to the Ministry of Agriculture and Rural Development's General Department of Fisheries.
In order to support corporate bond and real estate markets in a safe, healthy, and sustainable manner, Prime Minister Pham Minh Chinh has called for further measures to encourage credit availability.
Low-carbon economic development towards a circular economy is becoming an inevitable tendency in the framework of the green transition with the creation and development of carbon markets seen as increasingly crucial tool.
- Ministries, SBV requested to boost corporate bond, real estate markets 1
- Carbon market development key to green transition 2
- Vietnam targets $44 billion in textile, apparel exports in 2024 3
- Vietnam set to raise effective tax rate on multinationals as part of global deal 4
- The dark side of labor export 5
- HCM City eyes 6 million foreign arrivals in 2024 6
The Vietnam Textile and Apparel Association wants to make 44 billion USD from exporting textiles and clothing by 2024. Things have been going well since the last quarter of this year.
Vietnam's parliament is set to approve a top-up tax for multinationals, which will raise the effective rate of the corporate levy to 15% from January in line with a global agreement.
Labor exports can solve the unemployment problem, but for the long term, it may affect the ability to attract foreign investment.
The municipal Department of Tourism in Ho Chi Minh City said that as of next year, the city hopes to welcome 6 million foreign tourists who will spend 7.8 billion USD.
Despite increasing export earnings so far this year, the coffee industry is recommended to improve the quality and competitiveness of their goods in order to better dominate the global market.
Japanese trading company Sojitz will purchase Dai Tan Viet, Vietnam's largest wholesale distributor of food to businesses joining the rush of multinationals investing in a market primed for modernization and growth.
Infrastructure, planning and a market mechanism were among key issues that must be addressed in order to develop a market for liquefied natural gas (LNG) in Vietnam.
As many as 61,628 enterprises in Ho Chi Minh City left the market in the year to October, according to data recently released by the municipal Department of Taxation.
Vietnam's vegetable export earnings is expected to reach $1–1.5 billion by 2030, according to a scheme recently approved by the Ministry of Agriculture and Rural Development.
Domestic investors outpaced international rivals in the southeastern region, as many municipalities have prioritized attracting capital flows at home in order to assure long-term growth.
The German Chamber of Commerce Abroad (AHK) in Vietnam on November 21 released its AHK World Business Outlook – Fall 2023, which highlights Vietnam as a promising investment destination for German businesses.
Many plastic firms are pioneering in promoting and linking green production to fulfill rising customer needs as well as worldwide market trends.