Need to effectively use tools to prevent exchange rate risks in import and export field

Need to effectively use tools to prevent exchange rate risks in import and export field

VCN - The exchange rate pressure in 2023 is expected to be weaker than last year, especially in the context of tightening monetary policies reaching the final phase. However, fluctuations in the economy and financial markets are still very unpredictable,
Increase competitiveness when export turnover comes from domestic enterprises

Increase competitiveness when export turnover comes from domestic enterprises

VCN - According to the Vietnam Chamber of Trade and Industry (VCCI), export-oriented industrialized countries, especially when export turnover comes from domestic private enterprises, are likely to more competitive and sustainable.
Shrimp industry optimises advantages for development

Shrimp industry optimises advantages for development

To enhance its competitiveness and weather difficulties, Vietnam's shrimp industry is exerting stronger efforts and capitalising on every advantage to develop, according to insiders.
Public private partnership task force on rice established

Public private partnership task force on rice established

The Ministry of Agriculture and Rural Development announced a decision to set up the public-private partnership (PPP) task force on rice and discussed an action plan for 2023 at a recent conference held in the Mekong Delta city of Can Tho
Exploiting potential markets to increase coffee export space

Exploiting potential markets to increase coffee export space

VCN - In February 2023, the average export price of Vietnam's coffee reached USD 2,174/ton, down 0.2% compared to January 2023 and down 5.7% compared to February 2022.
Green growth: An opportunity for Vietnam to become a pioneer country

Green growth: An opportunity for Vietnam to become a pioneer country

VCN - Economic recovery and development in the direction of green and sustainable growth is currently a top priority and a goal that all countries are aiming for, in order to achieve economic prosperity and environmental sustainability. In Vietnam, green
32nd Vietnam Expo promises to boost business linkages

32nd Vietnam Expo promises to boost business linkages

The 32nd Vietnam International Exhibition (Vietnam Expo) will take place in Hanoi from April 5-8 with the participation of more than 500 domestic and foreign enterprieses, the event’s organisers have announced.
Vietnamese, Chinese localities eye stronger border trade

Vietnamese, Chinese localities eye stronger border trade

Secretary of the Party Committee of Lang Son province Nguyen Quoc Doan held talks with Liu Ning, Secretary of the Party Committee of China's Guangxi Zhuang Autonomous Region, in Lang Son city on March 30, during which they discussed measures to further expand border trade cooperation.
Import tax exemption to benefit domestic ITC industry

Import tax exemption to benefit domestic ITC industry

The information and communication technology sector has grown by 6-9% each year and has often exceeded the country’s GDP growth rate in recent years, attendees were told at workshop held by the Ministry of Information and Communications (MIC).
Import and export turnover in major markets plunges

Import and export turnover in major markets plunges

VCN - Imported cars are the commodity group that still saw a breakthrough. In the first half of the year, the whole country imported 7,285 cars with a total turnover of US$ 161.43 million.
Enterprises’ worry is being in the debt group for banks

Enterprises’ worry is being in the debt group for banks

Many domestic enterprises are facing the situation of not being able to repay bank loans despite being supported with restructuring
Vietnam expected to export 7 million tonnes of rice this year: Ministry

Vietnam expected to export 7 million tonnes of rice this year: Ministry

Vietnam is expected to ship about 6.5-7 million tonnes of rice abroad this year thanks to the return of markets like Indonesia, Bangladesh, and China, according to the Ministry of Industry and Trade (MoIT).
Vietnam needs 13.3 billion USD to develop seaports

Vietnam needs 13.3 billion USD to develop seaports

Vietnam would need 312.6 trillion VND (13.3 billion USD) to develop the seaports system by 2030, according to the Ministry of Transport.
Solving the challenge of capital for businesses

Solving the challenge of capital for businesses

VCN- Regarding this issue, Pham Van Viet, Vice Chairman of HCM City Textile and Garment Embroidery Association, stated that businesses needed loans at the beginning of the year to operate.
Vietnam"s foreign investment plunges 39% in Q1

Vietnam"s foreign investment plunges 39% in Q1

Vietnam attracted nearly 5.45 billion USD worth of foreign investment in the first quarter of the year, down 39% year-on-year, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.
Vietnam posts 3.32% GDP growth in Q1

Vietnam posts 3.32% GDP growth in Q1

Vietnam’s gross domestic product (GDP) has grown about 3.32% year on year in the first quarter of 2023, according to the General Statistics Office (GSO).
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Saigontex 2023 attracts over 1,300 domestic, foreign businesses

Saigontex 2023 attracts over 1,300 domestic, foreign businesses

More than 1,300 businesses from 21 countries and territories are participating in the Vietnam Textile & Garment Industry Expo (Saigontex) 2023, the leading exhibition of the industry in Southeast Asia, which opened in Ho Chi Minh City on April 5.
Mong Cai international border gate sees strong recovery

Mong Cai international border gate sees strong recovery

The Mong Cai international border gate in the northern province of Quang Ninh has become vibrant as before the pandemic, showing a positive sign in the economic recovery of Mong Cai city in particular and Quang Ninh province in general.
Vietnam a potential market for French businesses, investors: experts

Vietnam a potential market for French businesses, investors: experts

French businesses should innovate their approach, enhance their understanding of culture and language, and make changes to adapt to Vietnam's transitioning economy in order to expand their market share and boost investment in the Southeast Asian nation, said Dr. Jean-Philippe Eglinger, the founder of the Viet Phap Strategies.
Import and export turnover across Cao Bang prospers but still exists difficulties

Import and export turnover across Cao Bang prospers but still exists difficulties

VCN – After China resumes trade, Cao Bang province's import and export activities see remarkable prosperity.
Cashew industry strives to "get on the shelves of world supermarkets"

Cashew industry strives to "get on the shelves of world supermarkets"

VCN - Looking back to 2022, while the export turnover of the cashew industry reached US $ 3.08 billion, the import turnover of raw cashews consumed US $ 2.678 billion.
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