Singapore was the largest foreign investor in Vietnam in the year to March 20 with over 2.55 billion USD, making up 41.3% of the total foreign direct investment (FDI) registered in the country, according to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA).

The Trade Office of Vietnam in Algeria held an online consulting session on export to and investment in the North African country for Vietnamese businesses on March 27.

Border provinces of Vietnam and China should continue close coordination and enhance trade promotion between the two sides, stressed the recent talks between the management boards of the economic zone of the northern province of Ha Giang and the Malypo border economic cooperation zone of China’s Yunnan province.

With positive signals right from the beginning of the year, including over 1 billion USD in export value in the first quarter of this year, experts have shown optimism about the growth in overseas shipments of Vietnamese fruits and vegetables in the coming time.

Deputy Prime Minister Tran Luu Quang on March 27 stressed the Vietnamese Government’s determination to speed up the disbursement of official development assistance (ODA) and concessional loans.

A meeting was held in Hanoi on March 27 to launch the first phase of the Vietnam - Japan joint initiative to promote a forum on investment transparency in the new era.

Deposit interest rates are expected to remain low until the middle of 2024, with a slight increase anticipated thereafter due to higher credit demand, analysts said.

Revenues from enterprises making key industrial products in Hanoi amounts to some 200 trillion VND (8.33 billion USD) on an annual basis, or close to 35% of the local sector’s total production value.

ASEAN member states and the Republic of Korea (RoK) have reached a consensus on the transposition of ASEAN-RoK Free Trade Agreement (AKFTA) Product Specific Rules from the Harmonised System Codes HS 2017 to HS 2022.

Ministries, sectors and localities need to drastically improve the business environment, including bettering the efficiency in implementing reform.

A meeting was held in Hanoi on March 27 to launch the first phase of the Vietnam - Japan joint initiative in the new era.

The Mekong Delta province of An Giang on March 27 exported 18 tonnes of acacia mangoes to the Republic of Korea (RoK).

Vietnam had attracted 6.17 billion USD in foreign direct investment (FDI) as of March 20, a year-on-year rise of 13.4%, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

The Vietnam Chamber of Commerce and Industry (VCCI) has proposed increasing the support for research and development (R&D) costs to over 50% for foreign direct investment (FDI) businesses, it said in policy feedback requested by the Ministry of Planning and Investment.