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Viet Nam pours over US$3.7 billion into Development Triangle Area in Laos, Cambodia

Viet Nam pours over US$3.7 billion into Development Triangle Area in Laos, Cambodia

27/02/2024 18:45

VGP - Viet Nam has poured over US$3.7 billion into 100 projects in the Development Triangle Area in Cambodia and Laos, making up 44 percent of its total investment capital in these two neighboring countries, according to the Ministry of Planning and Investment.

Trade surplus touches US$4.1 billion by mid-February

Trade surplus touches US$4.1 billion by mid-February

Economy 23/02/2024 21:06

VGP - As of February 15, Viet Nam's total trade with the rest of the world hit US$84.74 billion, of which export value stood at US$ 44.42 billion.

SOEs urged to boost business efficiency

SOEs urged to boost business efficiency

Economy 23/02/2024 14:12

VGP - Prime Minister Pham Minh Chinh has urged State-owned enterprises (SOEs) to reform governance, improve production and business efficiency, and promote development investment.

Telecom operators urged to lead semiconductor chip research and development

Telecom operators urged to lead semiconductor chip research and development

Economy 23/02/2024 13:59

VGP - Prime Minister Pham Minh Chinh has urged four State-owned telecom companies, namely Viettel, VNPT, MobiFone, and Gtel Mobile, to take the lead in semiconductor chip research, development and production.

Increased local trade finance could boost annual trade by US$55 billion: IFC-WTO Report

Increased local trade finance could boost annual trade by US$55 billion: IFC-WTO Report

Economy 22/02/2024 16:02

VGP - Improving access to affordable trade finance could increase imports and exports by up to 6 and 9 percent, respectively, in Viet Nam. This represents an annual increase in merchandise trade of US$55 billion.

Viet Nam’s trade with ASEAN up 35% in January

Viet Nam’s trade with ASEAN up 35% in January

Economy 22/02/2024 16:01

VGP - Viet Nam’s trade value with other ASEAN Member States saw a year-on-year increase of 35 percent in January, reaching US$6.81 billion, statistics of the General Department of Customs showed.

Export-import revenue hit US$1.41 billion during seven-day Tet holiday

Export-import revenue hit US$1.41 billion during seven-day Tet holiday

Economy 21/02/2024 17:02

VGP - Viet Nam's total export and import turnovers reached US$0.73 billion and US$0.68 billion during the Lunar New Year (Tet) holiday, according to the General Department of Customs.

Fruit exports surge sharply

Fruit exports surge sharply

Economy 21/02/2024 14:41

VGP - Overseas shipment of fruits was estimated at US$510 million in January, up 24.9 percent against last month and 12.1 percent against the same period last year, according to the Ministry of Agriculture and Rural Development (MARD).

Viet Nam is biggest trade partner of Canada in ASEAN

Viet Nam is biggest trade partner of Canada in ASEAN

Economy 20/02/2024 16:05

VGP - Viet Nam's trade value with Canada hit nearly CAD14 billion (or US$10.37 billion) in 2023, making the nation the biggest trade partner of Canada in ASEAN.

Exports increase sharply since the beginning of 2024

Exports increase sharply since the beginning of 2024

Economy 19/02/2024 14:55

VGP - Merchandise export turnover in the first month of 2024 is estimated to reach US$34 billion, up 42 percent over the same period last year.

Viet Nam dangles chip incentives to draw foreign companies: Nikkei Asia

Viet Nam dangles chip incentives to draw foreign companies: Nikkei Asia

Economy 18/02/2024 14:51

VGP - Viet Nam has pledged tax breaks and other perks to semiconductor companies that help to develop the sector in a Southeast Asian country, according to Japan's Nikkei Asia.

Viet Nam's PMI rebounds after five months: S&P Global

Viet Nam's PMI rebounds after five months: S&P Global

Economy 15/02/2024 19:54

VGP - Viet Nam’s Manufacturing Purchasing Managers' Index (PMI) recorded a return to growth in early 2024, driven by an improved economic outlook that led to an increase in new orders, S&P Global has reported.

Cambodia's exports to Viet Nam soar 116% in Jan

Cambodia's exports to Viet Nam soar 116% in Jan

Economy 15/02/2024 15:10

VGP - Cambodia’s export value to Viet Nam saw a year-on-year increase of 116.6 percent in January this year, reaching US$373 million, official data from the General Department of Customs and Excise of Cambodia (GDCE) showed.

Economic Diplomacy – Turning agreements into practical and effective economic cooperation programs and projects

Economic Diplomacy – Turning agreements into practical and effective economic cooperation programs and projects

Economy 15/02/2024 08:53

VGP - In a complex and rapid-changing world, economic diplomacy should show its role on the national development

Construction of Terminal 3 at Tan Son Nhat Int’l Airport  must be complete by April 30

Construction of Terminal 3 at Tan Son Nhat Int’l Airport must be complete by April 30

Economy 12/02/2024 18:13

VGP – Prime Minister Pham Minh Chinh has ordered the Airports Corporation of Viet Nam (ACV) to complete the construction of Terminal 3 at the Tan Son Nhat International Airport on the occasion of the 50th anniversary of liberation of South Viet Nam and national reunification (April 30, 2024).

Viet Nam prepares to welcome fourth FDI boom

Viet Nam prepares to welcome fourth FDI boom

Economy 12/02/2024 16:51

VGP - Viet Nam has been well-prepared for a fourth boom of foreign investment in the Southeast Asian nation, led by the capital influx in 2023 thanks to effective economic diplomacy work, investment promotion and business environment improvement, said Minister of Planning and Investment Nguyen Chi Dung.

Viet Nam runs US$2.92 billion trade surplus in January

Viet Nam runs US$2.92 billion trade surplus in January

Economy 07/02/2024 21:27

VGP - Viet Nam’s export turnover was estimated at US$33.57 billion in January, up 42 percent against the same period last year, contributing to bringing the trade surplus to US$2.92 billion, according to the General Department of Customs.

Viet Nam remains South Korea's third biggest trade partner in 2023

Viet Nam remains South Korea's third biggest trade partner in 2023

Economy 06/02/2024 11:47

VGP - Viet Nam remained South Korea's third-largest trade partner for the second straight year in 2023.

SOEs urged to focus on development investment

SOEs urged to focus on development investment

Economy 05/02/2024 17:30

VGP - Prime Minister Pham Minh Chinh has tasked 19 State-owned groups and corporations under the Commission for Management of State Capital at Enterprises (CMSC) to speed up socio-economic development investment in 2024.