The management board of industrial zones in the northern province of Bac Ninh on April 17 held an investment promotion conference to introduce to enterprises from Taiwan (China) the local business climate as well as policies to attract investors and develop industrial infrastructure.

Vietnamese Minister of Industry and Trade Nguyen Hong Dien had a working session with Australian Minister for Trade and Tourism Don Farrell in Hanoi on April 17, discussing specific measures to enhance economic and commercial ties and effectively implement the Vietnam - Australia Enhanced Economic Engagement Strategy.

A series of workshops and seminars on the potential for promoting economic cooperation between Vietnam and the Umbria region, along with trade and investment promotion events, were hosted by the Vietnamese Embassy in Italy on April 14 – 16.

The third Vietnam-Australia Economic Partnership Meeting was held in Hanoi on April 17 under the co-chair of Minister of Planning and Investment Nguyen Chi Dung and Australian Minister for Trade and Tourism Don Farrell.

National flag carrier Vietnam Airlines will launch direct flights between Hanoi/Ho Chi Minh City and India’s commercial hub, Mumbai, from May 20.

Many foreign investors have expressed their interest in railway projects of Vietnam amid the Ministry of Transport (MoT)’s efforts to attract private and foreign investment in railway infrastructure, an official of the Vietnam Railway Authority (VNRA) has said.

Vietnam’s GDP is projected to grow 5.8% this year, sharing the second position with Cambodia in the region, only after the Philippines, according to the International Monetary Fund (IMF).

Vietnam’s rice export prices grew 9.2% year on year to 532 USD per tonne in the first quarter of 2023, raising the export value of 1.79 million tonnes during the period by 30.2% to 952 million USD, said the General Department of Vietnam Customs.

Australia has so far opened its market for four kinds of fresh fruit from Vietnam - dragon fruit, lychee, mango and longan, according to the Ministry of Agriculture and Rural Development.

Vietnam Telecommunications Authority said that approximately 498,000 mobile phone subscribers had verified their information, leaving nearly 1.17 million SIM cards two-way locked.

The Vietnamese Ministry of Planning and Investment will create all possible conditions for foreign investors, including those from France, to operate effectively and sustainably in Vietnam, Deputy Minister Nguyen Thi Bich Ngoc has affirmed.

The northern province of Hung Yen jumped 25 places in the 2022 Provincial Competitiveness Index (PCI) rankings, standing 14th among the 63 provinces and centrally-run cities nationwide, and fifth among the 11 in the Red River Delta.

Trade ties between Vietnam and Uruguay have still not been commensurate with the potential of the two countries, delegates heard at the third meeting of the Vietnam - Uruguay Joint Committee for Economic, Trade and Investment Cooperation held online recently in Hanoi and Montevideo.

The Civil Aviation Authority of Vietnam (CAAV) has asked airlines to increase flights from Hanoi and Ho Chi Minh City to meet the huge demand during the five-day National Reunification Day (April 30) and International Labour Day (May 1) holidays.

Manulife Vietnam settled claims worth nearly 7 trillion VND (298.55 million USD) last year, a 36% increase from the previous year, the insurance company said in a press release.

VinFast, a member of Vietnamese private conglomerate Vingroup on April 15 announced that a batch of its 1,800 VF 8 electric cars is now at MPC Port in the northern city of Hai Phong for export to the US and Canada.

Prime Minister Pham Minh Chinh requested Ho Chi Minh City to make greater efforts to accelerate the disbursement of public investment while visiting and inspecting construction sites of several transport and health projects in the southern largest economic hub on April 15 afternoon.

Standard Chartered Bank has announced the launch of a strategic partnership with information technology company MISA JSC to offer unsecured invoice financing to small and medium-sized enterprises at competitive interest rates and straight-through processes.

The steel market is likely to recover in the third and fourth quarters of this year thanks to augmented efforts to disburse public investment and credit packages for social housing projects, along with positive signs of the Vietnamese economy, said Vice Chairman of the Vietnam Steel Association (VSA) Doan Danh Tuan.

Insufficient transport connectivity is hindering the development of the Southeastern region – a key economic region, an important exchange hub in the south of Vietnam, according to a Politburo resolution.