High hopes are pinned on Vietnam’s rice export in the early months of 2021 after the price of its 5-percent broken rice exceeded 500 USD per tone last year, the highest since the end of 2011.
The export of coffee declined in both volume and value last year due to certain difficulties that are forecast to linger on for the time to come, insiders have said.
An initiative to form a supermarket coalition is being developed with the support of the EU and the German Government, aiming to reduce the use of plastic shopping bags and protect the environment.
Vietnam has emerged as an attractive foreign direct investment (FDI) destination in Asia, by beating China and India, a report by The Economist Intelligence Unit (EIU) has indicated.
Ho Chi Minh City's Department of Industry and Trade held a conference on January 14 to review the activities and performance of the food and foodstuff sector in 2020 and consider plans for the new year.
The recently-signed Regional Comprehensive Economic Partnership (RCEP) agreement will create opportunities for Vietnam’s agricultural products to extend their reach in the region and the world, experts have said.
The Central Institute for Economic Management (CIEM) introduced two scenarios for Vietnam’s economic growth 2021 during a seminar held in Hanoi on January 15.
The military-run telecommunication group Viettel posed revenue of over 264 trillion VND (11.48 billion USD) in 2020, up 4.4 percent against the previous year and exceeding its yearly plan by 2.4 percent.
Ho Chi Minh City sets a target of 5 percent industrial growth in 2021 and its four key sectors expanding by at least 6.7 percent, according to its Department of Industry and Trade.
Nearly 500 representatives from the Vietnam Tourism Association, the Vietnam Society of Travel Agents, the culture and tourism sector, and involved agencies joined the National Travel Agents Forum 2021 held in the northern city of Hai Phong on January 12.
Hanoi is working on the formation and operation of a supermarket coalition to minimise plastic shopping bags, thus cutting plastic waste and protecting the environment.
The COVID-19 pandemic will continue creating trouble for the leather-footwear sector in Europe and the US – its key markets for export, in 2021, the Sai Gon Giai phong newspaper reported, citing experts’ opinions.
Vietnamese Minister of Industry and Trade Tran Tuan Anh and German Federal Minister of Economics Peter Altmaier co-chaired the first meeting of the joint committee for economic cooperation between the two countries which took place virtually on January 12.
Food, beverages, and agricultural products can be viewed as the commodity groups which have enjoyed robust growth through e-commerce platforms, with each of them anticipated to see plenty of room for further development, heard a workshop in HCM City.
The first meeting of the Vietnam-Germany Joint Committee for Economic Cooperation was held online on January 12, during which participants discussed the cooperation possibilities in industry and trade, manufacturing-processing, energy, and education-training.
Deputy Prime Minister and Minister of Foreign Affairs Pham Binh Minh has asked the Ministry of Foreign Affairs (MoFA) to keep a close watch on, and resolutely and persistently fight to firmly protect Vietnam’s sea and islands sovereignty and legitimate interests in the East Sea.
Prime Minister Nguyen Xuan Phuc on January 11 said the Vietnam Oil and Gas Group (PetroVietnam) needs to remain a role model in expanding markets, optimising opportunities, connecting investment, and reviving growth, among other matters.
The southern province of Binh Phuoc, dubbed Vietnam’s “cashew capital”, is working towards boosting the popularity of its cashew nuts among global consumers, especially in demanding markets such as the US and the EU.
Business
