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.

Despite many difficulties in the first few months of 2017, but by the year end, export value of the Vietnam’s textile & garment industry has reached record high, which is expected to continue its growing trend as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will soon come into force.

Vietnam Trade Representative in Australia stated that the country continue to be the potential market for Vietnam’s fisheries in 2018.

In 2017, the National Assembly and the government set target for trade deficit to be under 3% compared to the total export value. However, as of December 15, 2017, Vietnam has had trade surplus of US$ 2.72 billion USD.

As export value of Vietnam in 2017 reached a record high number, the FDI sector still contributed to 73% of export turnover.

After two months of delay, GS Retail, operator of GS25 network will launch its first convenience store in Ho Chi Minh city on January 19.

In addition to traditional markets such as the US, EU, Japan, Korea and China, ASEAN is the latest name to be added to the list of over 1 billion-dollar export markets for Vietnam’s textile and garment industry in 2017.

According to the General Statistics Office of Vietnam, smartphones and related accessories continue its status as main export products of Vietnam in 2017 with trade value of 45.1 billion USD - the all time highest number in a year.

The Minister of Transport recently requested the Directorate for Roads of Vietnam to take the decision by the European Court into consideration when managing Grab and Uber’s operations in Vietnam.

Contributing 3.5 billion USD for export value in the agricultural sector, fruits are seen as the spotlight with huge potential for high export value in 2018.

Vietnam`s Ministry of Industry and Trade has submitted to the government the draft decree on goods, services and areas under State monopoly regarding to commercial activities.

The two popular brands dominating fast fashion trends around the world came to Vietnam at the same time.

The first batch of fresh star apples from the Mekong Delta province of Tien Giang has been shipped to the United States recently, making Vietnam become the first country to export the fruit to the demanding market.

Vietnam has gained a new record high of nearly US$36.4 billion in export of agro, forestry and seafood products in 2017, a 13 per cent increase against last year, according to the Ministry of Agriculture and Rural Development.

In 2017, China is the largest trade partner of Vietnam, however, Vietnam’s biggest trade deficit is no longer with China but Korea.

Bilateral trade between Vietnam and South Korea now surges 117 times to US$58.5 billion compared with 1992 when the two countries established the bilateral ties, Le An Hai, Deputy Director of the Ministry of Industry and Trade’s Asia and Africa Markets Department.

The pharmaceutical market of Vietnam is attracting huge number of foreign investors and world’s leading corporation.

Exports of Vietnam’s textile and garment industry reached US$31 billion in 2017, marking the first year the industry gaining a trade surplus of $15.5 billion.

Denmark’s PENM Partners, a private equity fund with one of the most successful track records of investing in growth companies in Vietnam, has decided to increase investment in Masan Group.

The rate Vietnamese enterprises taking advantages from preferential treatment in free trade agreements (FTAs) is still at modest level, as the highest level is only at 64%.

Export growth has been at the highest level, with trade value of 3.514 billion USD, up 43% compared to 2016, while vegetables have trade surplus of nearly 2 billion USD.