Drawing 78 new foreign-invested projects worth nearly 200 million USD in the first two months of this year, the northern province of Bac Ninh is on the right track to realise the goal of 1.1 billion USD in foreign direct investment (FDI) in 2024, according to the provincial Statistics Office.

Canada is specifically targeting Việt Nam's primary export steel products and types, including concrete reinforced steel, anti-corrosion steel plates, steel coils and oil pipeline steel pipes.

The Trade Remedies Authority of Vietnam (TRAV) under the Ministry of Industry and Trade (MoIT) has warned of a risk of Canada’s trade remedy investigations into steel wire products imported from Vietnam.

Prime Minister Phạmm Minh Chính attended the Vietnam - Australia Business Forum in Melbourne on March 5 morning (local time) as part of his ongoing trip to Australia to attend the ASEAN - Australia Special Summit and pay an official visit to Australia.

Việt Nam’s forest coverage rate is set to reach 42-43%, while the forest production value is expected to increase by 5-5%, according to the forestry development strategy for the 2021-2030 period.

The export of products of the foreign direct investment (FDI) and traditional products of domestic enterprises are expected to rebound this year, Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan has said in a recent interview with the Vietnam News Agency (VNA).

Operating from May 12, 2024 with two return flights per week on Thursdays and Sundays, people and tourists can easily travel between the two cities with a flight time of around 4 hours per leg, Vietjet said in a statement. 

Vietjet has opened a direct route from Hanoi to Hiroshima, connecting the capital of Vietnam with the famous city of Japan, bringing more convenient tourism and trade opportunities between the two cities and two countries as a whole.

With orders secured for the second quarter, activities are in full swing in many leather and footwear production plants, bringing about the hope for a year of buoyant exports.

After a quiet year in 2023, many banks will promote stock offering to foreign investors again and some of them may complete the deals this year, analysts forecast.

The revenue of products sold through online business-to-consumer (B2C) retail model is forecast to surge in the coming time and reach 650 trillion VND (26.31 billion USD) in 2024, according to the E-Commerce and Digital Economy Agency under the Ministry of Industry and Trade (MoIT).

Solutions should be taken to create stable material areas to promote sustainable development of the wood industry, insiders have said.

Analyst’s Pick: In a common sense, a trade surplus means a favourable trade balance, which contributes to economic growth. This is particularly true in emerging or developing markets, and in countries whose economic growth is highly driven by exports. Việt Nam is not an exception.

Besides State-owned banks Vietcombank and BIDV, private banks such as LPBank, SHB and HDBank have also planned for stock offering to foreign investors in 2024.

Besides the development of the legal framework for crypto asset management, the decision also requires the ministry to implement the legal framework, including improving understanding for management and supervisory agencies about the risks of the issue.

This is a part of Directive 10/CT-TTg on promoting production, business and export of rice in a sustainable, transparent and effective manner in the new situation, issued by Prime Minister Phạm Minh Chính on March 2, 2024.

The State budget revenue from export-import activities in the first two months of this year reached VNĐ56.42 trillion  (US$2.35 billion), or 15% of the estimate, down 2.4% year on year, reported the General Department of Customs.

Samsung’s investment has contributed to Vietnam’s import-export revenue as well as economic development.

The State budget revenue from export-import activities in the first two months of this year reached 56.42 trillion VND (2.35 billion USD), or 15% of the estimate, down 2.4% year on year, reported the General Department of Customs on March 4.

Deputy Prime Minister Tran Luu Quang received General Director of Samsung Vietnam Choi Joo Ho in Hanoi on March 4.