Border gates in northern Lao Cai province which borders China posted record trade value of 3 billion USD in 2018, according to the customs office at the Lao Cai International Border Gate.
Vietnam’s economy is forecast to grow by 6.8-6.9 percent in 2019 on the back of sound economic performance in 2018, according to the Vietnam Macro-Economic Outlook 2019, which was announced in Ho Chi Minh City on January 8.
The border city of Ha Tien in the Mekong Delta province of Kien Giang has recently been paying special attention to maintaining and promoting friendship and comprehensive cooperation with localities in Cambodia, contributing to fostering socio-economic development in the locality.
Vietnam exported goods to 200 countries and territories worldwide in 2018, including 50 major markets, Sai Gon Giai phong (Liberated Saigon) daily reported.
Vietnam’s export turnover is expected to set a new record in 2018, estimated at244 billion USD, up 30 billion USD compared to 2017.
The southern province of Binh Duong is expected to make a breakthrough progress in socio-economic development in 2019 thanks to its recent strong growth.
Vietnam and China agreed to enhance cooperation in the management of border gates along their border at a conference held in Hanoi on December 18.
Rice exports have shown positive signals recently, with many firms winning bidding contracts, according to the Ministry of Industry and Trade (MoIT).
Budget collection of the northern mountainous province of Lao Cai in 2018 is estimated at over 8 trillion VND (nearly 342.49 million USD), surpassing the assigned target by 41.7 percent and up 6.3 percent against the previous year, the provincial People’s Committee reported on December 11.
Vietnam is facing numerous difficulties and challenges in promoting trade facilitation, said experts at a forum in Ho Chi Minh City on November 8.
Prime Minister Nguyen Xuan Phuc’s trip to China to attend the first China International Import Expo (CIIE) will help enhance Vietnam-China relations and drive economic and trade ties between the two countries forward, Deputy Foreign Minister Le Hoai Trung has said.
Experts have judged that the national export goal and trade deficit rate next year set by the Government was feasible.
As the stock market is experiencing strong volatility and shows little signs of strong recovery, the State may struggle to sell its stake in State-owned enterprises (SOEs) on schedule.
The Vietnam Finance Company Limited (VFC) in China’s Hong Kong, the first overseas financial institution of Vietnam, marked its 40th founding anniversary on October 26.
Vietnamese businesses should actively prepare the best conditions to take the advantage of preferences to be brought by the Comprehensive and Progressive Agreement for Trans Pacific Partnership (CPTPP), said experts at a seminar in Ho Chi Minh City on October 25.
The Hanoi State Treasury must collect 1.3 trillion VND (around 55.5 million USD) per day for the budge to fulfill the target set for the whole year, said its director Dao Thai Phuc at a recent meeting.
Up to 99 enterprises and 100 entrepreneurs in Ho Chi Minh City were awarded for their outstanding achievements at a ceremony held in the city on October 13.
Domestic banks have been expanding their network of branches and transaction offices rapidly in recent years in an effort to increase market share.
