The Department of Statistics Malaysia (DOSM) has announced that the country’s wholesales and retail trade in December 2022 reached a record high of 137.3 billion RM (31.9 billion USD), up 13.8% year-on-year.
Prime Minister Pham Minh Chinh’s official visit to Brunei from February 10-11 is expected to open up more cooperation opportunities between the two countries.
Both Vietnam and Singapore have great potential to expand cooperation further, an Indian expert said as Vietnamese Prime Minister Pham Minh Chinh is paying an official visit to Singapore from February 8-10.
Prime Minister Pham Minh Chinh’s Singapore visit from February 8-10 aims to affirm the determination to elevate the bilateral economic ties to a new height in the context of many free trade agreement (FTAs) coming into force.
The Vietnamese Embassy in Brazil has hosted Xuan Que Huong (Homeland Spring) programme in Sao Paulo state to welcome the Lunar New Year (Tet) with the participation of representatives of the Vietnamese community, Brazilian friends and guests.
Prime Minister Pham Minh Chinh and his spouse will pay official visits to Singapore and Brunei from February 8-11 at the invitation of Singaporean PM Lee Hsien Loong and Sultan of Brunei Hasanal Bolkiah.
The bracket of average electricity retail prices has been increased to 1,826.22 VND (0.078 USD) per kWh for the floor price and 2,444.09 VND (0.1 USD) for the ceiling price, according to the Prime Minister’s Decision No 02/2023/QĐ-TTg dated on February 3.
Two-way trade revenue between Vietnam and Laos in 2022 grew 24% from the previous year to reach some 1.7 billion USD, beyond expectations of the two countries.
The Cambodian Government has been pushing for the establishment of more bilateral free trade agreements (FTAs) with main trade partners in order to expand export markets for its products.
Two-way trade revenue between Vietnam and Laos in 2022 grew 24% from the previous year to reach some 1.7 billion USD, beyond expectations of their leaders at the 44th meeting of the Vietnam – Laos Inter-Governmental Committee on Bilateral Cooperation earlier last year.
Vietnam’s import-export turnover reached 46.56 billion USD in the first month of 2023, down 25% year on year. However, the country still enjoyed a trade surplus of 3.6 billion USD in the month.
Vietnamese exporters have pinned high hopes on exports to China growing after the country - a key market for Vietnam’s agro-fishery products - fully resumed trade activities at five border gates in Lang Son province from January 28.
The Ministry of Industry and Trade recently issued the sector’s action plan on climate change response and green growth to 2030, with a vision to 2050.
Vietnam lauded its bountiful tourism options at the Travel Exchange (TRAVEX) trade fair, part of the ASEAN Tourism Forum (ATF) 2023 in Yogyakarta, Indonesia, from February 2-5.
Businesses should be made the centre of innovations and a development focus of the industry and trade sector, Prime Minister Pham Minh Chinh said at a conference in Hanoi on February 3.
Vietnam’s merchandise trade with Asia reached 475.29 billion USD in 2022, increasing by 9.6% compared to 2021 and accounting for the highest proportion (65.1%) in the country's total import-export value.
Prime Minister Pham Minh Chinh has asked the Ministry of Industry and Trade (MoIT) to take measures to ensure the supply of all key commodities, especially fuel, and to stabilise the country's distribution channels for the economy after the Tet (Lunar New Year) holiday.
The scale of the domestic retail market is expected to increase from 142 billion USD at present to 350 billion USD by 2025, contributing 59% of the national GDP, according to the Ministry of Industry and Trade (MoIT).
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