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.

Surging manufacturing-related foreign direct investments have turned Vietnam into a `near-shore` production base for East Asian manufacturers, assessed HSBC Navigator report.

Hanoi Beer Alcohol Beverage (Habeco), Vietnam second largest domestic brewer set its pre-tax profit in 2018 at VND746 billion (US$32.6 million), down 11% compared to 2017.

For the next four years, Vietnam`s E-commerce market value is estimated to go up to US$10 billion, making the market an attractive destination in the region for global investors.

The nationwide fast-moving consumer goods (FMCG) sales of traditional trade channel continued to experience a dip in the first quarter of 2018, dropping to 1%.

Vietnam’s exporters must self-verify the origin of their products that they export to the European Union (EU) from 2019 to be qualified for Generalised System of Preferences (GSP) which is the tariff preference for developing countries.

As of the end of April, 11 ministries and agencies have joined the Viet Nam National Single Window (NSW), addressing 1.13 million administrative documents from 20,800 businesses, according to the General Department of Viet Nam Customs.

Ride-hailing firm Grab has introduced food deliveries through its GrabFood platform in Vietnam after successful roll-outs in Indonesia and Thailand.

National flag carrier Vietnam Airlines expects to serve more than 24.3 million passengers and earn consolidated net profit of over VND97 trillion (US$4.27 billion) in 2018.

The utilization rate of preferential treatment from Vietnam - Korea Free Trade Agreement (VKFTA) of Vietnam has come to saturation point at some sectors, requiring new methods to bring long-term benefits for enterprises of two countries.

Vietnam`s woods and wooden products export turnover in April are estimated at US$680 million, taking the total figure in the first four months at US$2.6 billion, up 9% year on year.

In the first half of April, Vietnam`s export turnover reached a 5-year high of US$64.41 billion, up 22.8% or an increase of US$11.98 billion year on year, said the General Department of Vietnam Customs (GDVC).

Japanese retail group Aeon plans to convert franchises into directly managed facilities in Vietnam, for which the number of its locations will triple to 30, said a report by Nikkei Asian Review.

Deputy Prime Minister Vuong Dinh Hue approved the Ministry of Finance`s proposal to exempt tax on goods imported into Vietnam by Emirates Airlines, said the government portal on May 5.

By the end of 2017, Viettel posted US$1.3 billion in revenue from investing in oversea markets, announced the military-run telecom group.

In the first four months, Vietnam`s fruit and vegetables export turnover reached US$1.29 billion, up 26.2% year on year, said the Ministry of Industry & Trade (MoIT).

In the first quarter, Saigon Beer Alcohol Beverage (Sabeco) posted its profit at VND1.1 trillion (US$48.2 million), down 1.1% year on year, according to the company`s consolidated financial statement.

Vietjet Air`s revenue and pre-tax profit in the first quarter stood at VND12.5 trillion (US$548.1 million) and VND1.48 trillion (US$64.9 million), equivalent to 2.5 times and 3.5 times higher quarter on quarter, respectively.

Exports rose just 4.1% year on year in April - the slowest pace since July 2016 - as shipments of electronics fell on a yearly basis for the first time in over two years, said HSBC`s report.

Vietnam`s agro - forestry - fishery export turnover in April accounted for US$3.2 billion, taking the total export turnover in the first 4 months to US$12.3 billion, up 11.9% year on year, according to the Ministry of Agricultural & Rural Development.

Mitsubishi Motors expects to resume shipments to Vietnam as early as June, said in a Nikkei Asian Review report.