Despite facing difficulties, the garment and textile sector is expected to export products worth US$31 billion this year, a year-on-year increase of 10.2%, and the outlook is bright for next year too, the Vietnam Textile and Apparel Association (VITAS) has said.
With a 30% growth rate in the number of travelers, building or buying hotels promises big profits for investors, including capsule hotels, which have opened in Ho Chi Minh City and other tourism cities.
Low-cost carrier Vietjet was honoured as the most popular airline at a ceremony held last week in the capital city of Hanoi.
The Vietnamese electronic supporting industry is considered too weak to access the global supply chain. Without linkages and collaboration, Vietnamese businesses will lose their market share.
Expo-Russia Vietnam 2017, the second edition, is scheduled to take place at Melia Hanoi from December 13 to 15 with a view to promoting the two countries’ trade and economic ties and Russia’s export to Southeast Asia.
There has been a 91% reduction in the amount of goods controlled by the Ministry of Science and Technology inspected before customs clearance.
The Ministry of Finance and the Vietnam Customs officially put the Vietnam Automated System for Seaport Customs Management (VASSCM) into operation in the northern port city of Hai Phong on December 11.
Though Vietnam is among the world’s top exporters of farming produces, 90% of the products are exported in the raw form with quality and value lower than many foreign rivals, said Minister of Agriculture and Rural Development Nguyen Xuan Cuong in a recent meeting.
VOV.VN - Vietnam’s growth is forecast at 6.7% this year and 6.5% in the next two years with a low inflation rate, the World Bank said at the launch of Taking Stock- its bi-annual economic report on Vietnam in Hanoi on December 11.
The Ministry of Agriculture and Rural Development (MARD) has approved a five-year coffee industry development project, worth VND170 billion or US$7.48 million, to improve coffee quality, develop a premium Vietnamese brand and expand export markets.
VOV.VN - Vietinbank has been presented with the Vietnam Outstanding E-banking Award 2017 at a recent ceremony of the Vietnam Outstanding Banking Awards 2017.
The Vietnam National Oil and Gas Group (PVN) produced 14.27 million tonnes of oil during January-November, exceeding its set plan of 2.6%.
A programme launched by Ho Chi Minh City has proved to be effective in promoting local-made products and supporting domestic businesses to develop brands and improve their production.
The Vietnamese cashew sector is working with Cambodia’s Ministry of Agriculture, Forestry and Fisheries and Cambodian firms to develop a 1-million-tonne cashew material region in Cambodia.
About 33% of agricultural cooperatives in Vietnam operate efficiently, mostly in horticulture, animal husbandry and aquaculture, according to the Ministry of Agriculture and Rural Development.
The General Department of Taxation has announced it has finished refining the pilot online-based tax payment service (E-Tax) for enterprises.
USG Boral, a Malaysia-based plasterboards manufacturer, has announced its US$20 million investment in a plant at Hiep Phuoc Industrial Zone in Ho Chi Minh City, to expand its production in Vietnam.
The Mekong Delta province of Dong Thap will organise an investment promotion conference in Cao Lanh city from December 18-19 to call for investment into 33 local projects.
Car sales during January-November of this year fell 10% year on year to 244,670 units, despite a pickup in November.
Measures were sought to promote coffee processing to enhance coffee export value to US$6 billion by 2030 at a workshop in Da Lat city, the Central Highland province of Lam Dong on December 9.