Bilateral trade between Vietnam and Hesse has reached around EUR1 billion (US$1.05 billion) annually, accounting for one-tenth of total trade between Vietnam and Germany.

The event is part of the Hanoi Concentrated Promotion Program 2024, held in May, July, and November, attracting up to 2,000 businesses.

The "Most Popular Vietnamese Products" voting program is part of the city's broader efforts to encourage the consumption of local goods.

Vietnam`s taxi associations voiced their opinions against the extension of a ministry decision which pilots the application of technology in managing and connecting electronic contract-based passenger transportation.

In the remaining months of the year, the Insurance Supervisory Authority (ISA) under the Ministry of Finance (MoF) will step up efforts in restructuring the insurance market towards transparency, safety and efficiency.

According to the Ministry of Industry and Trade (MoIT)`s announcement, 99.3% or 2,257 out of the total 2,273 products sold by Mumuso Vietnam were imported from China.

More foreign investors have set up production bases in Vietnam to capitalize on huge export potentials from free trade agreements, especially the EU-Vietnam Free Trade Agreement (EVFTA).

This is the first time a Vietnamese private enterprise won an entire 60,000-ton Japonica rice contract for South Korea under the government - to - government procurement, stated the Vietnam Food Association (VFA).

A large trade surplus in the last 15 days of June stood in sharp contradiction to the trade deficit recorded in May, which had been expected to be extended to June by the General Statistics Office (GSO).

Because of the busy schedule, people have a tendency to shop less often for fast-moving consumer goods (FMCG), resulting in fewer shopping occasions for categories and brands to be picked up off the shelf, according to Kantar Worldpanel.

With Thaibev being a major shareholder of Saigon Beer Alcohol Beverage Corp (Sabeco), Vietnam`s largest domestic brewer considers 2018 to be a turning point for its next development phase, said the company.

Minister of Industry and Trade Tran Tuan Anh said that his ministry has made some proposals as cushion for Vietnam against the US-China trade war.

"FIEs` contribution to the state budget remains low, which is disproportionate to the used amount of resources, as enterprises are abusing high tax incentives for transfer pricing," said a representative of the Ministry of Finance (MoF).

Vietnam tourism activities have recently grown significantly and attracted an increasing number of foreign tourists.

As of July, there were some 124 million phone subscribers in Vietnam, informed the Ministry of Information and Communications (MIC).

The establishment of the Vietnamese Business Club in South Korea (VBCK) aims to creating an environment of cooperation and information exchange among firms, boosting their collaboration with associations, public agencies and organizations in South Korea, Vietnam and other countries.

Vietnam is on track to reach the target for forestry products exports of US$9 billion this year, according to the Ministry of Agricultural and Rural Development (MARD).

Though opportunities for M&A deals in Vietnam`s life insurance market are not plenty, foreign investors have still pursued this approach as it is the fastest way for them to join the potential market.

The government is expected to intervene in the forex market to prevent a slump in the Vietnamese dong (VND)`s value, due to its potential negative impacts on the local economy.

Over the last two weeks, the Chinese yuan (CNY) has lost 3% against the US dollar, and is expected to continue depreciating in the context of growing trade tensions between the US and China.

Vietnam authority has reviewed the US$91.2 million deal between local paper firm Saigon Paper and Japan’s Sojitz.

A new terminal in the Cam Ranh International Airport is designed to shape like a swallow’s nest – a specialty and symbol of Khanh Hoa province in central Vietnam.

Vietnam`s agro - forestry - fishery export turnover in June came at US$3.45 billion, taking the total export turnover in the first six months to US$19.4 billion, up 12% year on year, according to the Ministry of Agricultural & Rural Development (MARD).