Source: VNA
In recent years, SunRice has collaborated with the Australian Centre for International Agricultural Research (ACIAR) to research new high-yield rice varieties for cultivation in Vietnam and export to markets such as Australia, New Zealand, the Middle East, and others.
High consumption demand during the Lunar New Year holiday and the strong tourism recovery fuelled retail sales of consumer goods and services in January.
Close to 22,800 enterprises returned to the market in January, surpassing the previous peak of about 19,100 businesses recorded in January 2022.
The second docking area of Thuan An Fishing Port has a minimum cargo handling capacity of 20,000 tonnes per year, and is capable of simultaneously accommodating 500 fishing vessels of at least six metres in length for docking and storm shelter.
Processed coffee exports amounted to 17,067 tonnes, bringing in 104.6 million USD, accounting for 11% of total volume and 13% of total export value.
Exporters were advised to make full use of FTAs, tap into niche markets, and seize new opportunities to overcome challenges in an increasingly unpredictable global trade landscape.
Gold prices surged significantly, exceeding the threshold of 90 million VND (3,550 USD) per tael at the opening session of the God of Wealth Day on February 7 (the 10th day of the first lunar month).
These forthcoming listings not only reflect the resilience of the country's economy, but also offer investors fresh opportunities across various sectors.
Efforts will be made to urgently complete and develop the national nuclear power infrastructure to support the implementation of the Ninh Thuan nuclear power project, while continuing to carry out the national nuclear power development programme.
By mid-January, Vietnam had exported 268,700 tonnes of rice, generating nearly 165.7 million USD, up 38.7% in volume and 23.28% in value year-on-year. To sustain exports, authorities are prioritising trade promotion, with the Ministry of Industry and Trade implementing measures to boost rice exports.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks on February 7 is 25,685 VND/USD and the floor rate 23,239 VND/USD.
The Vietnam Airlines Group operated 15,400 flights, exceeding its original plan by 200 flights and adding 2,500 flights, a 16% increase from the previous year's Tet.
Despite an overall decline, some commodities recorded growth in export value despite lower shipment volumes.
United Nations Food and Agriculture Organisation (FAO) Director-General Qu Dongyu's working trip to Vietnam from February 5-8 aims to promote bilateral cooperation in the fields of agriculture, food security, environmental protection, and rural development amid complicated and unpredictable global developments.
Demand from the US and European food and spice processing industries remains a key driver of Vietnam’s pepper exports.
Deputy PM Ho Duc Phoc said with the GDP growth target for 2025 of at least 8%, the amount of money injected into the economy will be significantly higher than in 2024, and growth drivers will be stimulated, thereby impacting price indexes, especially consumer prices.
New business registrations in Hanoi saw a 24.3% decline, with 2,045 new enterprises receiving certificates. The total registered capital for the new establishments dropped by 53.4% to 13.8 trillion VND (546.1 million USD).
The price of E5RON92 bio-fuel increased by 51 VND to a maximum of 20,442 VND (0.81 USD) per litre. Meanwhile, that of RON95-III was reduced by 74 VND to 20,928 VND per litre.
With its potential and local authorities’ flexible and business-friendly policies, Bac Ninh is establishing itself as a magnet for both domestic and foreign investors.
Vietnam recorded a trade surplus of 3.03 billion USD in January, despite overall trade activity showing signs of contraction, according to data released by the General Statistics Office on February 6.
