Vietnam, Saudi Arabia work to boost bilateral cooperation Business

Vietnam, Saudi Arabia work to boost bilateral cooperation

Deputy Minister of Industry and Trade Cao Quoc Hung and Deputy Minister of Economy and Planning of Saudi Arabia Bandar AlKhamies co-chaired the fourth session of the Vietnam-Saudi Arabia Joint Committee on Economic, Scientific and Technological Cooperation via videoconference on April 7.
Trade surplus in ten months rises to record high Business

Trade surplus in ten months rises to record high

Vietnam’s trade surplus hit a record high of 18.72 billion USD during the January - October period as imports slowed down amidst the COVID-19 pandemic, according to the Ministry of Industry and Trade (MoIT).
Export revenue in nine months picks up despite pandemic Business

Export revenue in nine months picks up despite pandemic

Vietnam’s export revenue racked up a 4 percent year-on-year increase during January – September to 202.4 billion USD in the context that the COVID-19 pandemic has weighed on the international trade, according to the Ministry of Industry and Trade (MoIT).
Vietnam’s H1 exports feel brunt of COVID-19 Business

Vietnam’s H1 exports feel brunt of COVID-19

Vietnam’s exports in the first half of 2020 totalled 121.2 billion USD, down 1.1 percent from the same period last year, as the COVID-19 has taken a serious bit out of the country’s economy, according to the Ministry of Industry and Trade.
Vietnam, India to boost exports to each other’s markets Business

Vietnam, India to boost exports to each other’s markets

With the comprehensive strategic partnership and large purchasing power, Vietnam and India have large potential to increase two-way trade via boosting the export of their strong commodities to each other’s markets, trade officials of the two countries said.
Vietnam prioritises renewable energy development Business

Vietnam prioritises renewable energy development

Developing renewable energy is one of the priorities of Vietnam to gradually reduce the dependence on traditional forms of power generation in order to protect the environment and promote sustainable development of the country and others in the region, Deputy Minister of Industry and Trade Cao Quoc Hung said at an international workshop in Hanoi on March 12.
Leather, footwear sector needs supporting industry Business

Leather, footwear sector needs supporting industry

The leather and footwear sector needs to develop supporting industry to reduce reliance on the import of raw materials, enhance competitiveness and boost high-value exports, said Deputy Minister of Industry and Trade Cao Quoc Hung.