The Vietnam International Logistics Exhibition (VILOG) 2023, the first of its kind, opened in Ho Chi Minh City on August 10.

The Vietnam E-commerce and Digital Economy Agency (iDEA) under the Ministry of Industry and Trade (MoIT), in coordination with Amazon Global Selling and Hanoi's Department of Industry and Trade, on August 10 organised a workshop to discuss measures to support local enterprises export through e-commerce.

The southernmost province of Ca Mau is exerting efforts to promote and increase the efficiency of international integration with a vision to 2030.

The 2023 Asia Pacific Regional Meeting of the World Trade Centres Association (WTCA) opened in the southern province of Binh Duong on August 10 under the theme of “Transforming WTC operations in the digital age”.

The Mekong Delta province of Kien Giang has attracted 328 tourism projects with a total investment of over 380 trillion VND (16 billion USD), the provincial Department of Tourism reported.

Trade Counselor in Mexico and Panama Luu Van Khang has advised Vietnamese businesses to carefully study their partners, following a range of trade frauds in Latin America in which firms from the Southeast Asian nation were victimised.

The northern border province of Lang Son is continuing to upgrade the digital border gate model, moving towards building a smart border gate.

Supporting industries play a significant role in the economic restructuring towards industrialisation and modernisation, contributing to enhancing labour productivity, competitive capacity, and value creation, and increasing the contribution of the processing and manufacturing industries to the wider economy.

The Vietnam Oil and Gas Group (Petrovietnam) has maintained a high progress of production and business, with all targets overfulfilled by between 3 and 28%.

About 91% of German companies are planning to expand their investment in Vietnam, according to a survey conducted by the Delegation of German Industry and Commerce (AHK) in Vietnam.

The Ministry of Industry and Trade held a conference in Hanoi on August 9 to announce the national plannings in the fields of energy and mining for the 2021-2030 period with a vision to 2050.

The total revenue to the State budget between January and July exceeded 1.01 quadrillion VND (42.53 billion USD), equaling 62.7% of the yearly estimate and dropping by 7.8% from the same period last year.

The State Bank of Vietnam set the daily reference exchange rate at 23,826 VND/USD on August 10, down 5 VND from the previous day.

Indonesia’s PT Perkebunan Nusantara (PTPN) Group and PT Suntory Garuda Beverage have kicked off their maiden export of Oolong tea to Vietnam.

National flag carrier Vietnam Airlines and Expedia Group, one of the world’s biggest travel groups based in the US, have announced that they will expand their cooperation to a global scale.

Prime Minister Pham Minh Chinh on August 9 suggested US healthcare giant Abbott expand its investment and upgrade the quality of its pharmaceutical manufacturing plants in Vietnam, thus helping promote the domestic pharmaceutical industry.

The Australian Cotton Trade Delegation to Vietnam is organising a series of activities in Ho Chi Minh City, Hue and Hanoi from August 7-11 to strengthen relations between Vietnam’s textile manufacturers and Australian cotton producers.

The Vietnamese and Iranian economies are reciprocal, and the two countries have a lot of potential to advance their economic and trade cooperation, making it match the good bilateral political and diplomatic relations, heard a forum on August 9.

The Government has introduced measures to stimulate credit growth to spur the economy, but experts are concerned loans could flow into risky industries that are the most capital thirsty with high absorption capacity.

The international wood material, woodworking machinery fair –BIFA WOOD Vietnam 2023 opened in the southern province of Binh Duong on August 9 with nearly 800 booths from 100 leading enterprises in the industry both at home and abroad.