CPTPP expected to boost Vietnam’s GDP by 2.01% by 2035 (Photo: VNA)
A trade promotion fair for localities in the Red River Delta opened on November 10 in the northern province of Hung Yen, aiming to foster regional connectivity, promote sustainable development and enhance brand of regional products.
Administrative reform remains HCM City’s top priority. The city aims to cut at least 30% of procedures, reduce processing times and costs, and shift from a “management mindset” to a “service mindset” to better support the business community.
Viettel Manufacturing is showcasing three major product ecosystems at the Defence & Security 2025 Exhibition in Thailand: Viettel AI, the 5G telecommunications network, and telecommunication infrastructure solutions, including the 5G Private system designed exclusively for defence.
Vietnam invited Dutch investors to explore opportunities in major seaports such as Lach Huyen, Cai Mep–Thi Vai, Lien Chieu, and Tran De, while urging Dutch support in human resource training for the maritime and aviation sectors.
The State Bank of Vietnam set the daily reference exchange rate at 25,118 VND/USD on November 11, up 12 VND from the previous day.
Vietnam now ranks as the world’s second largest exporter of interior-decor wooden furniture after China, shipping products to 166 markets with a near-complete supply chain in place.
Vietnam will maintain political stability and social order, push three strategic breakthroughs in institutional reform, hard and soft infrastructure, and quality human resources, while restructuring the economy and reforming the growth model, sustaining macroeconomic stability, and bolstering connectivity between domestic and FDI enterprises, said PM Pham Minh Chinh.
Vietnam encourages and supports the development of its shipping fleet and shipbuilding industry, while expanding cooperation with international partners in maritime transport, said National Assembly (NA) Vice Chairman Nguyen Duc Hai.
According to Tran Thi Be Bay, Deputy Director of the provincial Department of Agriculture and Environment, the cooperative groups and cooperatives have members engaging in logistics services, such as purchasing seafood at sea and supplying fuel to fishing vessels, thereby helping fishermen stay longer at sea and increase productivity.
According to the Vietnam Pepper and Spice Association (VPSA), the country exported 19,430 tonnes of pepper in October, including 16,464 tonnes of black and 2,966 tonnes of white pepper, with a total value of 129.5 million USD.
Leveraging its position as a gateway linking the Southeast and Mekong Delta regions, Tay Ninh province is asserting its role as a strategic hub in expanding agricultural supply chains to Muslim markets, especially the Middle East and Africa, which have emerged as promising destinations for Vietnamese agricultural exports, particularly Halal-certified products.
This milestone on November 8 came 11 months after the signing of an international franchise agreement between Three O’Clock (a brand under the Teatime limited company) and its exclusive master franchise partner for the Indian subcontinent FranGlobal. Under the deal, FranGlobal will develop the brand in India, Nepal, Sri Lanka, and Bangladesh, committing to a minimum of 100 outlets within a decade.
In Q3, Vietjet's air transport revenue reached 16.728 trillion VND, with a pre-tax profit of 393 billion VND. Cumulatively, for the first nine months of the year, the company reported air transport revenue of 52.329 trillion VND and a pre-tax profit of 1.987 trillion VND, which increased by 28% year-on-year.
Vietnam’s tea exports in October were estimated at nearly 12,000 tonnes, worth 20.9 million USD, the Ministry of Agriculture and Environment has reported.
The rating reflects EVNNPC’s standalone credit profile of ‘BB+’, which is on par with both parent company EVN and Vietnam’s sovereign rating of ‘BB+/Stable’. Fitch said the alignment of EVNNPC’s rating with EVN’s reflects the state-owned parent’s full ownership and the high likelihood of government support, consistent with Fitch’s Parent and Subsidiary Linkage Rating Criteria.
Nearly 18,000 enterprises with registered capital of 172.5 trillion VND (6.6 billion USD) and 93,600 workers were established in Vietnam in October this year, according to the National Statistics Office.
This marks the third time the Ong Cua ST25 brand, developed by Hero of Labour Ho Quang Cua, has won the prestigious title, following victories in 2019 and 2023.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,361 VND/USD, and the floor rate 23,851 VND/USD.
The Vietnamese ambassador expressed the country’s desire to increase the export of aquatic products, cashews, wood items, processed farm produce, apparel, mobile phones, computers, and electronic components to Brazil.
The seminar sought to enhance networking and investment cooperation between the two countries, particularly as Vietnam pursues market expansion and sustainable economic growth.
