Hanoi strengthens export competitiveness and trade protection measures
Hanoi will work with the Ministry of Industry and Trade to ensure that businesses and manufacturers are ready for new challenges.
22:19, 2025/01/09
Hanoi's foreign trade turnover hits US$60.1bn in 2024
The city will continue to support businesses in exploring new markets, capitalizing on the Free Trade Agreement of which Vietnam is a member.
17:34, 2024/12/15
Hanoi's wet markets in decline amid changing consumer behaviors
Local consumers prefer shopping options that offer convenience and assurance of product origin.
17:20, 2024/12/14
Busy high season at Thuong Mao Carpentry Village
Founded during the Nguyen dynasty in the 1800s, Thuong Mao Carpentry Village on the outskirts of Hanoi has grown steadily to become a major supplier of wood products throughout Vietnam.
11:52, 2019/12/25
Vietnam’s imported cars up 95% in Jan-Nov
The majority of imported cars in Vietnam in November came from Thailand and Indonesia.
18:40, 2019/12/24
Vietnam logistics firms pressured to grow or face being taken over in EVFTA era
Vietnam’s targets of becoming Asia’s logistics hub would only be feasible if local firms can fence off competition from the world’s major logistics players.
20:14, 2019/12/23
Vietnam PM vows to support enterprises by ending bureaucracy
A strong business community is an essential component of a prosperous country, said Prime Minister Nguyen Xuan Phuc.
13:23, 2019/12/23
Three solutions for Vietnam firms to boost integration in global supply chains
In the 2011 – 2019 period, Vietnam’s exports grew at an average of 15% annually, and are on track to contribute to an all-time high turnover of US$500 billion in mid-December.
16:37, 2019/12/21
Vietnam’s rice sector forecast to face difficulties in 2020
The Philippines and China, Vietnam’s two major rice export markets, may reduce rice imports in 2020.
11:22, 2019/12/20
Vietnam trade surplus predicted to reach all-time high of US$10 billion in 2019
In 2020, Vietnam’s trade surplus is expected to reach US$8.6 billion.
09:48, 2019/12/20
Vietnamese retail market experiences costly competition
Besides rapid urbanization, the rising income of consumers is one of the reasons for the booming of the Vietnamese retail market.
17:27, 2019/12/19
Hanoi in Vietnam’s top 2 cities with highest proportion of female entrepreneurs
The bigger the economic size the higher the number of enterprises run by women, said Vu Tien Loc, chairman of Vietnam Chamber of Commerce and Industry.
14:18, 2019/12/19
Cars imports, crude oil help Vietnam customs beat 2019 revenue target
In the January – November period, Vietnam imported 135,230 cars worth US$2.91 billion, up 100.4% in quantity and 97.7% in value year-on-year.
21:37, 2019/12/18
Vingroup exits completely from retail market
This move is part of Vingroup’s restructuring process, aiming to reallocate its resources to core businesses of industry and technology to compete globally, said a company executive.
12:10, 2019/12/18
Made-in-Vietnam steel products not subject to US-456% duties: Trade ministry
The specific cash deposit rates would depend on the origin of the substrate and the type of steel product exported to the US, stated the US Commerce Department.
11:11, 2019/12/18
Vietnam seeks balanced trade relations with US: Deputy PM
Vietnam is trying to purchase more goods from the US to narrow the US trade deficit with Vietnam, said Deputy Prime Minister Vuong Dinh Hue.
16:14, 2019/12/17
Only exceptional institutional reform can help Vietnam escape middle income trap
Delay in administrative reform is proving to be a bottleneck for economic development, said Chairman of the Vietnam Chamber of Commerce and Industry Vu Tien Loc.
18:20, 2019/12/16
Vietnam one of most dynamic economies in Asia: European Commission VP
Both the EU and Vietnam have huge potential for cooperation in various fields, including politics, security, economy, culture, and peace-keeping activities.
18:16, 2019/12/16
Sumitomo Life targets larger share in Vietnam’s major insurer Bao Viet
In case of completing the deal, the Japanese company would raise its stake in Bao Viet to 22.09% and remains the Vietnamese insurer’s second largest shareholder.
14:21, 2019/12/16
Vietnam among top 30 countries with fastest trade growth
In the first 11 months of the year, the country’s external trade hit US$472.36 billion, up 7.3% compared to the same period in 2018, and recorded an all-time high trade surplus of US$10.94 billion.
18:55, 2019/12/14
Vietnam’s trade surplus hits record high of US$11 billion in Jan-Nov
The FDI sector posted exports of US$165.03 billion in the January – November period, up 4.1% year-on-year, accounting for 68.3% of Vietnam’s exports.
12:40, 2019/12/14
World major logistics firm Maersk opens logistics center in Vietnam
Vietnam is getting into a position where investment and manufacturing are becoming much easier to establish, said a Maersk executive.
18:38, 2019/12/13
Vietnam forgoes US$536.83 million tax under FTA commitments
The contribution of import duty to customs revenue has been declining over the past few years, from 21.85% in 2017 to 17.4% in 2018 and 16.7% in 2019.
14:12, 2019/12/13
Vietnam 2017 GDP expands US$56 billion after revision
After revision, Vietnam’s GDP grew an average of 25.4% annually in the 2010 – 2017 period, in which 2011 recorded the highest growth rate of 27.3%.