Amidst worsening environmental pollution and natural resource exhaustion, the circular economy model emerges as a visionary solution for the society and economy.

Vietnam’s economy has begun to gather steam again since the start of the third quarter of this year, helping consolidate confidence of businesses and investors, experts have said.

The Ministry of Agriculture and Rural Development (MARD) is planning to coordinate with the State Bank of Vietnam in completing policies on preferential credit to support agricultural projects following value chains, applying high technologies and specialising in clean agriculture and production forest planting.

The State Bank of Vietnam set the daily reference exchange rate at 23,848 VND/USD on August 14, up 11 VND from the last day of the previous week (August 11).

Developing green and sustainable ports has become a top priority, an inevitable trend not only for port operators but also managers and international associations, according to insiders

Vietnam aims for a model of coastal eco-cities that are smart, climate-resilient, and sustainably developed, where urban planning for coastal areas will centre around people, said insiders.

The insurance sector is attracting the attention of investors when it comes to investment portfolios because businesses in this group have recorded positive results in recent years.

Big data on e-commerce would help the tax watchdog to efficiently collect tax from foreign cross-border IT services providers, according to Nguyen Bang Thang, director of Tax Management Department of Large Enterprises.

The northeastern coastal province of Quang Ninh aims to make its tourism a spearhead and sustainable economic sector by 2030, attracting at least 25.5-26 million visitors, including about 9 million foreigners.

The sales revenue of the Republic of Korea’s Orion confectionery maker in Vietnam has surpassed 200 billion KRW (150 million USD) for the first time, further solidifying its highly positive growth trend in the Vietnamese market.

Ho Chi Minh City’s waterway tourism is expected to earn 300 billion VND (12.6 million USD) per year this year and next year, and increase 10% in the following years.

Sunrise Material of Singapore signed an agreement with a Vietnamese company on August 11 to develop a polymer wrap film production project worth 100 million USD in the northern province of Nam Dinh.

PV GAS Corporation and its subsidiary PV GAS LPG JSC have signed a cooperation agreement with Japan Cooperation Centre Petroleum (JCCP) on improving the management capacity of LPG cylinders distribution by barcode in Vietnam.

The south-central coastal province of Khanh Hoa has seen a significant increase in the number of visitors during the summer months, with a 60% surge compared to the same period in 2019 before the pandemic hit.

The Vietnam Trade and Investment Arbitration Centre (VTIAC) has coordinated with Vietnam’s reputable law firms and offices to implement the programme "Support to Review Legal Risks of Contracts”.

Thanks to incentives under the EU-Vietnam Free Trade Agreement (EVFTA), Vietnam has emerged as an appealing destination for enterprises from the European Union (EU) in general and Northern Europe in particular, Vietnam’s Trade Counsellor in Sweden and Northern Europe Nguyen Thi Hoang Thuy has said.

Vietnam needs to devise appropriate policies, especially those related to customs, to develop e-commerce across the border sustainably, heard a seminar held by Customs Magazine in Ho Chi Minh City on August 11.

The US Department of Commerce (DOC) has issued its final determination that certain imported products from Vietnam do not evade the anti-dumping and countervailing duties that the US is applying to similar items from Taiwan due to the fact that these products do not use hot-rolled steel (HRS) sourced from Taiwan (China), announced the Trade Remedies Authority of Vietnam.

Fishermen and fishing vessel owners in the coastal province of Quang Ninh will have their products and vessels seized by authorities from September if they don’t follow regulations on vessel registration, inspection, and reporting.

Circular economy has helped gradually solve existing problems and challenges related to the environment and energy faced by Con Dao island, creating a breakthrough to help the district in the southern province of Ba Ria-Vung Tau develop a green and sustainable economy.