The summit aims to share best practices and promote cooperation among Vietnam's provinces and cities in building and developing smart cities.

The total transaction volume in the Jan-Sep period increased by 37.7% compared to the same period last year.

The purpose of the survey is to gain a thorough understanding of the local food safety situation and to identify non-compliance promptly, allowing for corrective actions to be taken to mitigate health risks.

With regard to cars with 2000cc engine, import tariffs for auto parts will be reduced to 0% for 5 years (2018 – 2022).

This target is set at the annual meeting of the Vietnam Textile & Apparel Association (VITAS) on December 4.

According to a General Department of Vietnam Customs report, Vietnam recorded a trade surplus of 2.8 billion USD in the first 11 months of 2017, mainly contributed by the foreign-invested sector.

The rate of improvement in Vietnamese manufacturing business conditions continued to soften in November.

A national development strategy with focus on identifying core products and generating breakthroughs should be built to help Vietnam’s electronics industry improve the efficiency, experts said.

​South Korean chemical maker Hyosung in December will break ground on a 1.2 billion USD complex capable of cranking out 600,000 tons of polypropylene annually in Vietnam.

At present, Vietnam is the 12th world’s largest electronics exporters and the third largest exporter in ASEAN. However, 95% of export value is coming from the Foreign Direct Investment (FDI) sector, while the domestic enterprises have not contributed much to this gain.

Vietnam could receive a significant boost to its natural gas supplies as soon as 2023, allowing it to expand its power and petrochemical sectors, after signing two agreements during last week’s APEC summit to buy gas at home and from Indonesia.

The cooperation is part of a series of billions USD deal signed between companies of Vietnam and the U.S.

According to General Statistics Office, in the first 10 months of 2017, industrial output has increased by 8.7% compared to the same period of last year, which is higher than an increase of 7.3% in the same period of 2016 and 7.9% in the first 9 months.

According to the Doing Business Report 2018 of the World Bank, the indicator of getting electricity of Vietnam in 2017 is 78.69 scores out of 100, up 32 places compared to the last year’s rank at 64th. This is the highest improvement of Vietnam since 2013 to present.

The Vietnamese manufacturing sector paused for breath in October, with output rising only marginally during the month. New order growth also slowed, but remained solid amid a faster increase in new export orders.

The Vietnam Hanoi Textile & Garment Industry – Fabric & Garment Accessories Expo 2017 (HanoiTex 2017) is co-organized in Hanoi annually by Vietnam National Textile & Garment Group (VINATEX), CP Exhibition Hong Kong and Vietnam Chamber of Commerce & Industry Expo from November 1 – 3 at the International Center for Exhibition.

Vietnam is facing many challenges to ensure the energy security toward sustainable development. Vietnam is transforming from exporting energy to import energy with an increasing rate. As such, it is very difficult in balancing the energy supply – demand in general, and power supply – demand in particular.

The Prime Minister Nguyen Xuan Phuc has issued the National Implementation Plan (NIP) for the Stockholm Convention on Persistent Organic Pollutants (POPs) until 2025, and with vision to 2030.

The Vietnam Wholesale Electricity Market (VWEM) after 1 year of pilot implementation has achieved positive results, however, there remains difficulties and challenges, which need to be solved quickly.

Vietnam’s automobile industry has a large opportunity to grow as the demand for cars is forecast to boom in 2020 when the country’s average income per capita reaches some US$3,000.

Processing and manufacturing has made huge strides, helping the entire industrial sector take a leap this year, according to the Ministry of Industry and Trade (MoIT).

Most firms in the processing and manufacturing industry expected their business and production in Q4 to be better than the third quarter, a survey from the General Statistics Office showed.

According to the forecast, in 2020, the average income of Vietnamese will be around 3,000 USD, along with this is the booming demand for car. However, after many years of development, the Vietnam Automobile Industry has not had its expected breakthroughs, when the assembling cost in Vietnam is still higher than imported car.