Vietnamese and Algerian businesses gained an insight into the African country’s market and bilateral economic and trade ties at a webinar on October 19.

Vietnamese companies joined about 1,200 companies and organisations from 14 countries and territories at the 28th Macao International Trade and Investment Fair (MIF) that is running in Macao (China) from October 19-22.

Prime Minister Pham Minh Chinh received leaders of Aramco group and the Saudi Fund for Development in Riyadh capital of Saudi Arabia on October 19.

Minister of Planning and Investment Nguyen Chi Dung has welcomed China Communications Construction Co. Ltd (CCCC)’s plan to expand investment and business activities in Vietnam while meeting a representative of the firm in Beijing on October 19.

A hybrid international conference is taking place in Ho Chi Minh City on October 19 - 20 to discuss the pivot of trade to Asia-Pacific and its impacts on the trade, investment, and environmental policies of economic partners in and outside the region.

A Vietnam-Belgium business meeting was held in Brussels on October 18, aiming to create a chance for direct discussions and connections among enterprises of the two countries.

Prime Minister Pham Minh Chinh pointed to substantial potential for Vietnam and Saudi Arabia to foster their cooperation while addressing a business forum in Riyadh on October 19 (local time) as part of his trip to the Middle East nation to attend the Association of Southeast Asian Nations - Gulf Cooperation Council (ASEAN - GCC) Summit.

The shift towards exports via e-commerce platforms is likely to continue as technology is evolving and businesses are adapting to the changing market landscape, especially since the COVID-19 pandemic broke out, heard a seminar held by the Vietnam Industry and Trade Review in Hanoi on October 19.

The 8th VietFood, Beverage and Professional Packing Machines (VietFood & Beverage – ProPack Vietnam 2023) will be held in Hanoi from November 8-11.

The Ministry of Industry and Trade’s Department of Export and Import recently announced a list of 170 eligible rice exporters as of October 18.

A joint venture between Vietnamese infrastructure developer Deo Ca Group JSC and Petroleum Trading Lao Public Company (PetroTrade) has been allowed to develop a railway project linking the two countries.

The 8th meeting of the Vietnam-Italy Joint Committee for Economic Cooperation was held in Rome from October 17-18.

Vietnam should closely monitor inflation which has been on the rise in recent time, according to the World Bank (WB).

The Ministry of Finance (MoF) has proposed extending the environmental tax reduction on fuel products until the end of 2024.

The real estate sector is finally emerging from its slumber as the economic recovery in the third quarter of the year has triggered a resurgence of demand for realty properties.

Total outstanding loans at credit institutions in Ho Chi Minh City were worth nearly 3.36 quadrillion VND (137.7 billion USD) as of September 30, a 0.72% increase from the previous month, according to the State Bank of Vietnam (SBV).

Saigon-Hanoi Commercial Joint Stock Bank (SHB) on October 17 signed a Memorandum of Understanding (MoU) with Busan Bank under BNK Financial Group of the Republic of Korea, officially establishing a comprehensive collaborative partnership between the two credit institutions, focusing on corporate, digital and investment banking.

The central province of Quang Binh’s Department of Planning and Investment has so far this year granted new registration certificates for the establishment of 435 enterprises, whose capital totals more than 5.24 trillion VND (213.26 million USD).

The Mekong Delta province of Long An’s Department of Industry and Trade on October 18 held a business networking event for local firms to meet and exchange information with the Vietnam Trade Office in the Republic of Korea (RoK) and a Korean business delegation.

Deputy Prime Minister Le Minh Khai has urged drastic measures to lift Vietnam out of the Financial Action Task Force (FATF)’s list of Jurisdictions under Increased Monitoring (grey list) within two years.