The city’s total import-export turnover reached US$60.1 billion in 2024, up 11% year-on-year.

The city will continue to support businesses in exploring new markets, capitalizing on the Free Trade Agreement of which Vietnam is a member.

Local consumers prefer shopping options that offer convenience and assurance of product origin.

The General Department of Taxation said during an online meeting on April 6 that it will step up tax reforms to improve the business environment.

The Office of the Government on April 3 issued a decision that provides guidelines for the operations of Uber, the app-based taxi service, in Vietnam.

Vietnam’s combined imports and exports with the 33 countries comprising the Latin American market shot up 40.7% on-year to hit US$9.5 billion in three months leading up to April.

Lotte and Saigon Co.op have announced plans to substantially increase the stock of Vietnamese goods on the shelves of their stores in the RoK and Singapore during the upcoming year.

Vietnam and the Republic of Korea (RoK) have initialled the bilateral free trade agreement (FTA), according to a press release from the RoK Ministry of Trade, Industry and Energy (MOTIE) on March 29.

According to reports of the General Statistics Office, in the first quarter, Vietnam’s Gross Domestic Product (GDP) rose 6.03% compared to the same period of 2014.

On March 24, Asian Development Bank (ADB) released the Asian Development Outlook 2015. Accordingly, the ADB forecasts Vietnam’s Gross Domestic Product (GDP) growth is likely to rise by 6.1 percent in 2015 and 6.2 percent in 2016.

Around 2.13 million PCs were sold in Vietnam last year for 2 percent year-on-year growth, making it the only major market in Asia to still grow, a study by the International Data Corporation has found.

Vietnam aims to rank fifth among top air-transportation service providers in Southeast Asia by 2020, reported the online newspaper VnEconomy with a draft scheme on restructuring the sector being developed by the Civil Aviation Authority of Vietnam (CAAV).

In the first quarter of 2015, the total sales of goods and services in Hanoi increased by 11.9 percent compared to the same period last year gaining over 442 trillion VND. Retail sales earned more than 104 trillion VND, an annual increase of 11.7 percent.

Vietnam is the leading trade partner of South Africa and bilateral trade between the two countries has been thriving over recent years.

Vietnam and Myanmar need to work on the establishment of a State committee on economic cooperation and the signing of a double-taxation avoidance agreement to boost trade, said President of the Vietnam Fatherland Front (VFF) Nguyen Thien Nhan on March 17.

According to the Organizing Board, the 25th Vietnam International Trade Fair 2015 (Vietnam Expo) will be held in Hanoi from April 15-18. The Vietnam Expo 2015 will attract the the participation of more than 600 businesses from 26 countries and territories worldwide.

At the press conference held on March 17, the Ministry of Science and Technology announced a list of 65 Vietnamese companies that have been given National Quality Awards 2014.

President Truong Tan Sang met with a delegation of US businesses led by President and CEO of the US-ASEAN Business Council Alexander Feldman in Hanoi on March 18.

According to the latest figures of the Ministry of Industry and Trade, garment and textiles exports in two months of this year earned 3.4 billion USD, an increase of nearly 18% over the same period last year.

Vietnam is willing to share experience in national economic development with Egypt – a promising market with a population of nearly 90 million and a favourable geographic position for trade between Africa, Asia and Europe.

The Prime Minister has approved plans for a new economic corridor through 2020, vision to 2030, connecting northern Lang Son province, Hanoi, HCM City and the Moc Bai Border Gate Economic Zone in southern Tay Ninh province.

A Vietnam-Hungary business forum took place in Hanoi on March 12 with nearly 120 enterprises from the two countries in attendance.

The military-run telecommunications group Viettel aims to become one of the world’s top 10 telecom companies by 2020 with a presence in 30-35 countries, the firm’s executives told Prime Minister Nguyen Tan Dung at a working session on March 11.