Business

Indonesian expo introduced to Vietnamese businesses

The Indonesian Embassy in Vietnam on June 23 held a conference to introduce the 31 st Indonesian Trade Expo (TEI) which is scheduled to be held from October 12 to 16 in Jakarta.
Indonesian expo introduced to Vietnamese businesses ảnh 1Illustrative photo (Source:Internet)

Hanoi (VNA) – The Indonesian Embassy in Vietnam on June 23 held a conference to introduce the 31st Indonesian Trade Expo (TEI) which is scheduled to be held from October 12 to 16 in Jakarta.

According to the embassy, the event this year will focus on five groups of commodities, including home decoration, foods, fashion, life-style, and innovative products.

The 2016 TEI is expected to attract about 1,100 stalls and welcome 14,700 visitors.

The event will offer a chance for Vietnamese enterprises to seek investment and cooperation opportunities as well as take advantages brought by the ASEAN Economic Community (AEC).

Indonesian Ambassador to Vietnam Ibnu Hadi said that Indonesian businesses will attend the 14th Vietnam International Trade Fair in Ho Chi Minh City to be held at the end of this year.-VNA

VNA
#Indonesian Embassy in Vietnam #Indonesian Trade Expo #ASEAN Economic Community Indonesia
Follow VietnamPlus

Related News

International fairs help boost trade, tourism

International fairs help boost trade, tourism

A series of international fairs opened on Dec. 2 to boost trade relations between Vietnamese businesses and their foreign partners as well as to promote the tourist industry in countries in the Mekong region and Japan.

See more

The Vietnamese section of the Monsoon – Thanh My 500kV transmission line project (Photo: VNA)

500kV transmission line from Laos energised

The Monsoon – Thanh My 500kV transmission line project is designed to import electricity from Laos’ Monsoon wind power plant to Vietnam, adding 600 MW to the national power grid during the 2024–2025 period.​

The entrance gate to Hanoi’s Ciputra Urban Area, where banks are selling apartments and villas. (Photo: cafef.vn)

Banks selling mortgaged assets to recover bad debts

The Viet Dragon Securities Company (VDSC) said that bad debts might continue to increase slightly this year, after a circular allowing banks to reschedule debt repayment periods and maintain the debt group for certain sectors expired at the end of 2024.

Vietnamese Ambassador to Argentina Bui Van Nghi (th fourth from the fright) in the meeting with Governor of Brazil's Espirito Santo state Renato Casagrande. (Photo: VNA)

Vietnam seeks to set up cooperation with Brazilian locality

In his meeting with Governor of Brazil's Espirito Santo Renato Casagrande, Ambassador to Argentina Bui Van Nghi Bui Van Nghi valued the potential for cooperation between the two sides, particularly in priority areas such as tourism, information technology, hi-tech agriculture, and seaport.

Remittances to Vietnam in 2024 are estimated at about 16 billion USD, maintaining the record-high levels seen in 2023. (Photo: VNA)

Remittances surge as Tet approaches

According to the State Bank of Vietnam’s Ho Chi Minh City branch, 9.6 billion USD, or 60% of the total remittances, flew through financial institutions, representing a 140 million USD increase from the previous year.

Bank lending in HCM City achieves high growth last year. (Photo courtesy of ABBANK)

Banks' credit up 11.3% in HCM City in 2024

Total outstanding loans of credit institutions in Ho Chi Minh City as of the end of last year were worth over 3.9 quadrillion VND (153.3 billion USD), a 11.3% increase for the year, according to the central bank.

Ho Chi Minh City received nearly 493 million USD in remittances in the first 20 days of this year. (Photo: https://doanhnhansaigon.vn)

Remittances to HCM City surge ahead of Tet

Ho Chi Minh City received nearly 493 million USD in remittances in the first 20 days of this year, according to Nguyen Duc Lenh, Deputy Director of the State Bank of Vietnam's HCM City branch.

Illustrative photo (Photo: VNA)

Retail petrol prices down in latest adjustment

The price of E5RON92 bio-fuel was priced at 20,592 VND (0.82 USD) per litre, representing a 158 VND decrease from the previous baseline, while RON95-III decreased to 21,142 VND per litre, down 78 VND.

Inside the ABB factory in Vietnam (Photo: baodautu.vn)

European investment flows gain momentum in Vietnam

European investments are expected to pick up in Vietnam following Prime Minister Pham Minh Chinh’s engagement with Czech and Polish enterprises as part of his trip to Europe to attend the 55th Annual Meeting of the World Economic Forum.