Vietnam ranking as Singapore’s 12th largest trading partner.   The two-way trade revenue between Vietnam and Singapore reached SGD18.32 billion (over $14.4 billion) in the first seven months of the year, rising 9.02% compared to the same period of 2023, according to the Vietnam Trade Office in Singapore. Of which, Vietnam’s exports to Singapore totaled […]

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Minister of Industry and Trade Nguyen Hong Dien said that the ministry threw its weight behind a US$4.6-billion offshore wind farm project that a German company looks to build in Binh Dinh Province, south-central Vietnam during his working session with the province’s leaders on Friday last week.    Minister of Industry and Trade Nguyen Hong […]

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The greenhouse gas inventory requirement is part of the Government green transition strategy in 2021-2030 period.   Prime Minister Pham Minh Chinh has signed a Decision approving a new list of businesses that are required to conduct greenhouse gas inventory in 2024. Under the Decision No.13/2024/QĐ-TTg, which will take effect from October 1, additional 254 […]

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PM Pham Minh Chinh chairing a meeting on August 16 to discuss the building of a draft law to amend some contents of finance- and budget-related laws.   PM Pham Minh Chinh chairing the meeting held in Hanoi on August 16. Photo: VGP Prime Minister Pham Minh Chinh asked for overhauling the fundamental and urgent […]

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The turnover of timport-export in the first seven months of 2024 reached $440.45 billion, an increase of 17.2% compared to the same period last year…   According to the latest preliminary statistics released by the General Department of Customs on August 15 , Vietnam’s total import-export value in the second half of July 2024 reached […]

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Ho Chi Minh City targets an economic growth rate of 8-8.5% next year, with digital economy accounting for at least a quarter. An 8.5% growth in gross regional domestic product will be the city’s second highest expansion rate in the last five years, behind only 2022’s 9.03% increase from a low base due to Covid-19. […]

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The 3-day event focusing on livestock production transformation for better productivity and sustainability.   Vietstock 2023 attracted over 350 enterprises and 13,000 visitors from more than 50 countries and territories. Vietnam’s International Feed, Livestock, Aquaculture & Meat Industry Show (Vietstock) Expo & Forum 2024 is scheduled to open in Ho Chi Minh city on October […]

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Vietnam’s exports to the U.S. surged 24.4% year-on-year to $66.09 billion in the first seven months, the highest growth rate among its export markets.   Tan Vu Port in Hai Phong City. Photo by VnExpress/Giang Huy  In the seven-month period, American buyers spent a monthly average of close to $9.6 billion on purchasing goods from […]

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The finance ministry has suggested lowering the corporate income tax rate from 20% to 15-17% for micro and small enterprises with annual revenues of less than VND50 billion (US$1.99 million).   An employee counts Vietnamese banknotes at a bank in Hanoi. Photo by VnExpress/Giang Huy  The tax cut, included in the draft Law on Corporate Income […]

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Vietnam exported 964,000 tonnes of coffee in the first 7 months of 2024, worth nearly US$3.54 billion, down 13.8% in volume but up 30.9% in value compared to the same period last year.   A farmer harvests coffee in the Central Highlands province of Gia Lai. Photo by VnExpress/Duc Hoa The Agency of Foreign Trade […]

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