Leaders of some top businesses in Vietnam on October 22 signed the commitment to supporting the women’s empowerment principles (WEPs), an initiative of the UN Women and the UN Global Compact.
Vietnam’s shrimp exports are forecast to reach 3.7 billion USD this year, posting an year-on-year increase of 9.8 percent, fuelled by the EU – Vietnam Free Trade Agreement (EVFTA) which facilitated export to the EU markets, according to Vietnam Association of Seafood Exporters and Producers (VASEP).
The international forum Franconomics, a multidisciplinary dialogue on important socio-economic topics of countries in the French-speaking community, opened in Hanoi capital on October 22.
There is great potential for the energy service companies market to develop in Vietnam as power consumption is forecast to increase sharply in the coming years, heard a workshop heard in HCM City on October 22.
After investing 100 million VND (4,300 USD) to grow mushrooms in a 300 sq.m workshop in 2015, a family in the northern province of Bac Ninh earned 150 million VND a year later.
The Ministry of Agriculture and Rural Development (MARD) and the World Bank (WB) - the trustee agency of the Forest Carbon Partnership Facility (FCPF) - signed an Emissions Reduction Purchase Agreement (ERPA) at a ceremony on October 22.
Vietnam’s stock market has recovered quickly and strongly since the COVID-19 outbreak was brought under control and losses incurred earlier in the year have been reclaimed, a discussion in Hanoi on October 21 heard.
With in excess of 200 entries submitted, 40 scientific and technological inventions and applications from Vietnamese scientists and businesses were recognised at the annual awards ceremony held by the Vietnam Fund for Supporting Technological Creations (VIFOTEC) in Hanoi on October 21.
Strong individual purchasing power has been the key to the strong rebound of the Vietnamese stock market this year after it was hit twice by the COVID-19 outbreaks.
Boosting exports to the US market via e-commerce platforms like Amazon is effective in the context of the extensive business quagmire caused by the COVID-19 pandemic, according to insiders.
Vietnam’s e-Commerce growth reached 32 percent last year and averaged about 30 percent annually since 2016, according to a report by the Vietnam e-Commerce Association (VECOM).
The Regional Comprehensive Economic Partnership (RCEP) agreement is set to be signed next month at the 4th RCEP Summit during the 37th ASEAN Summit in Vietnam in mid-November, Cambodian Minister of Commerce Pan Sorasak has said.
SunRice CEO Rob Gordon, head of Australia’s largest rice supplier, has announced that Australia is suffering a massive shortage of domestic rice supplies and would be forced to rely on imported Vietnamese rice in the lead up to Christmas 2020.
Vietnam’s e-commerce market is forecast to climb 20 percent in the last quarter of this year to reach 12 billion USD by year end if the COVID-19 pandemic is brought under control.
Vietnam will be the fifth partner in the Forest Carbon Partnership Facility (FCPF) and the first in the Asia-Pacific region to sign an Emissions Reduction Purchase Agreement (ERPA), according to Standing Deputy Minister of Agriculture and Rural Development Ha Cong Tuan.
The northeastern province of Quang Ninh will hold 64 cultural, sport, and tourism events towards the goal of attracting 3 million visitors in Quarter 4.
The central city of Da Nang, in coordination with the Vietnamese Trade Office in Singapore, has held an online seminar to introduce potential for tourism development and tourist products of the city to the Singaporean market.
Fifteen among 22 targets set in the National Assembly’s Resolution 24/2016/QH14 on economic restructuring during 2016-2020 have been or are likely to be fulfilled in 2020, according to the Government’s report presented to the legislature’s 10 session.
An online business forum was held on October 20, aiming to enhance trade and investment ties between Vietnam and India, especially amidst the COVID-19 pandemic.
Business
