(Source: VNA)
Vietnam maintained its position as the fifth-largest seafood exporter to Singapore for 12 consecutive months, surpassing Japan for the first time in 2024, amid the intensifying competition in this market.
The Ministry of Planning and Investment, the Ministry of Foreign Affairs, and FPT Corporation co-hosted a working breakfast in Davos, Switzerland on January 22 to discuss the future and opportunities of Vietnam's pharmaceutical industry in the new era.
British energy company EnQuest announced on January 22 its acquisition of Harbour Energy’s operations in Vietnam as part of its strategy to expand internationally.
Average home loan interest rates may increase slightly from the beginning of this year due to rising capital costs, analysts forecast.
Hideaki Egashira, General Director of Idemitsu Vietnam Co Ltd, a subsidiary of Japanese petroleum company Idemitsu Kosan, has revealed plans to expand the company's investment portfolio in Vietnam.
According to a recent survey by JETRO on business conditions for Japanese-affiliated companies overseas, the expanding domestic market demand and the increasing profitability rate are major driving forces for Japanese businesses to continue expanding their operations in Vietnam in the coming years.
Vietnam highlighted its potential to become a technology powerhouse during a discussion entitled “high-tech investment in Vietnam: taking off in the smart era” held on January 21 (local time) on the sidelines of the 55th Annual Meeting of the World Economic Forum (WEF) in Davos, Switzerland.
Vietnamese Prime Minister Pham Minh Chinh attended and delivered a keynote speech at the seminar on the future of global trade and development in the smart era, in Davos on January 21 afternoon (local time).
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,332 VND/USD on January 22, down 4 VND from the previous day.
Vietnam’s rice exports to Singapore recorded significant growth in 2024, cementing Vietnam’s position as the third-largest rice supplier of the city state, according to the Vietnam Trade Office in Singapore.
The woodworking industry will strive to achieve the export target of 18 billion USD for this year, the Handicraft and Wood Industry Association of Ho Chi Minh City has said.
Vietnamese exporters have proactively diversified their markets from the start of the year to mitigate risks as they may soon face significant tax hikes globally, said industry insiders and experts.
The northern port city of Hai Phong has recently issued investment certificates for 11 new projects in its industrial and economic zones.
Deputy Prime Minister Tran Hong Ha received visiting French Inter-ministerial Delegate on Strategic Metals and Minerals Supply Benjamin Gallezot in Hanoi on January 21.
Hanoi has set a goal of achieving an annual growth rate of 10.5-11% during the 2025-2030 period, focusing on bolstering traditional economic drivers while implementing innovative solutions to promote new ones.
Minister of Industry and Trade Nguyen Hong Dien pledged Vietnam’s support to Czech businesses and investors while addressing the bilateral business forum held in Prague on January 20 as part of Prime Minister Pham Minh Chinh’s official visit to the European country.
Vietnam has emerged as a remarkable example of how trade and investment can fuel inclusive growth and development, according to Rebeca Grynspan, Secretary-General of the United Nations Conference on Trade and Development (UNCTAD).
The Vietnam-Korea Friendship Association (VKFA) and the Korean Association in the northern city of Hai Phong hosted a friendship exchange on January 20 during which the Vietnam-Korea Business Club in Hai Phong was launched.
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,336 VND/USD on January 21, down 5 VND from the previous day.
Prime Minister Pham Minh Chinh has instructed ministries, agencies, and local authorities to drastically and effectively implement three strategic breakthroughs, six key tasks, and 12 primary solutions, striving for double-digit growth in 2025, set to be the year of acceleration and breakthroughs, and laying the foundation for the 2026-2030 socio-economic development plan.
