Economy
Vietnam's Investment Environment Attractive to Chinese Businesses
In 2023, China ranks 4th among countries and territories investing in Vietnam, with a total of more than US$3 billion, leading in the number of new investment projects.
Economy
Potential For Economic Cooperation Between Vietnam And Indonesia
Vietnam-Indonesia still has much potential to promote economic cooperation. To utilize this market well, domestic businesses need to make good use of incentives from free trade agreements (FTAs).
Economy
Economic Uncertainties Continue to Plague Pakistan and GDP Growth Projected to be Less than 2 Percent
Amid an uncertain economic outlook with high downside risks, the private sector’s participation in economic growth remains unnoticeable as it is not borrowing from banks for business expansion.
Vietnam's banks more open for EU investors under newly-approved trade pact
Investors from the EU will have opportunities to own higher stakes in Vietnamese banks than those from other countries under Việt Nam’s commitments in the EU-Việt Nam Free Trade Agreement (EVFTA).
Ten years of efforts to seek for “sweet fruit” EVFTA
The European Parliament (EP) recently voted to officially ratify the European Union-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA). After nearly 10 years of negotiations, the approval of the EVFTA by both Vietnam and the EU has offered a new horizon for greater and more comprehensive cooperation and stronger development, meeting the needs of the people and businesses of the two sides.
EVFTA brings chances and challenges to local agricultural production
The new trade agreement between Vietnam and the European Union opens many doors for agriculture, according to experts.
Border localities asked to resume trade with China
Minister of Industry and Trade Tran Tuan Anh has asked the northern provinces of Lang Son and Quang Ninh to resume imports, exports and transport of goods through three sub-border gates in the two localities after a suspension due to the outbreak of the coronavirus disease (COVID-19).
Vietnam’s tourism sector could lose US$ 5bln due to COVID-19
Due to an impact of Covid-19 epidemic, the number of foreign visitors to Vietnam will continue to decrease sharply by 50- 60 percent in the upcoming time as the country has a land border with China and reported to have Covid19-positive cases.
MARD Minister urges early detection of avian influenza outbreaks
Minister of Agriculture and Rural Development (MARD) Nguyen Xuan Cuong on February 13 urged localities to keep close watch for the early detection and swift settlement of any avian influenza outbreaks.
Kuwait Embassy supports Vietnamese watermelon farmers
The Embassy of Kuwait has purchased two tonnes of watermelon to help farmers in Vietnam’s Bang Giang province as the Vietnam’s agricultural exports are facing difficulties due to the acute respiratory disease caused by the novel coronavirus (COVID-2019).
German investors recognise Vietnam’s efforts in COVID-19 fight
Up to 44 percent of German investors recognise the prompt and effective response by the Vietnamese Government to the new coronavirus (COVID-19) outbreak, according to a survey announced by the German Industry and Commerce in Vietnam (AHK) on February 12.
European Parliament ratifies EU-Vietnam trade pact
The European Parliament on Wednesday ratified an EU free trade accord with Vietnam.
2019-nCoV epidemic affects tourism and exports in Vietnam
The cancellation of thousands of air tickets and hotel reservations, and lower sales of agricultural products, especially to China, are the first symptoms of what the Vietnamese economy could suffer from the new coronavirus.
Pork supply expected to recover from this month: MARD
The Ministry of Agriculture and Rural Development (MARD) said that the domestic pork supply is forecast to increase from February.
Vietnam’s northern port city will develop more economic zones in 2020
The Vietnam’s northern port city of Hai Phong planned to establish a number of new industrial zones this year, head of the provincial management board of economic zones Phạm Văn Mợi said.
Textiles firms launch emergency production of antibacterial masks
Textiles businesses, including several with no prior experience, have begun producing antibacterial masks after authorities announced a daily need of 10 million.
Qatar's Embassy "rescues" 4 tons of watermelon
The Embassy of the State of Qatar in Hanoi has provided much needed relief for farmers in Vietnam’s central region by purchasing four tonnes of un-consumed watermelon due to the impact of acute respiratory disease caused by the novel coronavirus (2019-nCoV), announced the embassy on Monday (Feb 10).
Vietnam, US jointly study vaccine against African swine fever
The Ministry of Agriculture and Rural Development has suggested the US Department of Agriculture (USDA) transfer virus samples to Vietnam to study and produce vaccine against African swine fever (ASF) in the country.
Coronavirus outbreak impacts Vietnam’s trade with not only China: official
The outbreak of the 2019 novel coronavirus (2019-nCoV) has affected Vietnam’s trade with not only China but also other markets, said Deputy Minister of Industry and Trade Do Thang Hai.
Coronavirus outbreak forces Vietnamese, Chinese border resident exchange reschedule
The exchange between Vietnamese and Chinese border residents, initially scheduled on February 10, is set to take place later this month due to impact of the novel coronavirus (nCoV).
Bamboo Airways starts selling tickets from Prague to Hanoi
Bamboo Airways started selling tickets from Prague, the capital of the Czech Republic, to Hanoi. The carrier will deploy the Boeing 787-9 twice a week from March 29.
Two growth scenarios amid coronavirus outbreak
Minister and Chairman of the Government Office Mai Tien Dung mentioned two growth scenarios for the country amid the coronavirus (nCoV) outbreak, during a press conference in Hanoi on February 5 following the government’s monthly meeting.
PM orders attention to bird flu fight
Prime Minister Nguyen Xuan Phuc has ordered ministries, agencies and authorities of centrally-run cities and provinces to strengthen measures in the fight against the A/H5N1 flu on poultry and humans, while the acute respiratory disease caused by the novel coronavirus (nCoV) is spreading.
