The bank’s October report, Vietnam Macro Monitoring, shows that industrial production and retail sales posted another month of high growth rates (13.0 per cent and 36.1 per cent year-on-year) which could be attributed both to strong economic activities and to the low-base effects.

The domestic economy was expected to continue recovery track but the inflation, increasing product costs, supply chain risks, weakening global demand, policies adjustments of major economies and major trade partners, natural disasters would create pressure on the implementation of budget revenue and expenditure targets.

A business group from the Austrian state of Styria met officials from HCM City government agencies and companies to talk about investing opportunities in the city on October 19

Right from the first day of operating its factory, the company has always committed to 100 per cent traceability of the entire supply chain from the source of feed ingredients to product processing, ensuring best practices in environment and animal welfare.

The fair, which opened its door on Thursday, is anticipated to help businesses and handicraft production facilities strengthen connectivity and promote the consumption and export of handicraft products.

A delegation from the Central Highlands province of Lam Dong led by Secretary of the provincial Party Committee Tran Duc Quan has paid a visit to Belgium to seek stronger partnership with businesses and localities in the European country.

Data from the Ministry of Industry and Trade showed that cases of consumer rights violations increased rapidly in both quantity and severity, with about 1,500 cases per year in the 2016-2020 period.

Despite its great potential for growth, poor transport infrastructure and high costs are holding back the logistics industry, insiders said at the Vietnam Logistics Transformation forum held in HCM City on October 19.

The Multilateral Stakeholder Forum (MSF) 2022, themed "Improving Việt Nam's position in the global value chain: Multilateral cooperation in capacity building and traceability responsibility", was held in Hà Nội on Wednesday.

Among some 20 commercial banks in the country, 18 have completed requirements for Basel II, a set of recommendations on banking laws and regulations issued by the Basel Committee on Banking Supervision.

The human aspect is crucial in digitisation projects and requires systematic thinking, ability to accept change, and learning and team working capability, experts say.

The northern province of Bac Ninh and Gumi city of the Republic of Korea co-held a business forum in Bac Ninh city on October 20, aiming to intensify cooperation between the two localities as well as the two countries.

Ho Chi Minh City wishes US businesses to continue investing in the city in areas that suit both the city's interest and the businesses' strengths such as building deep-water ports, transport infrastructure, digital transformation and clean energy, Ngo Minh Chau, Vice Chairman of the municipal People’s Committee has said.

Vietnam’s GDP grew by 13.7% year-on-year in the third quarter of this year and 8.9% over the first three quarter, according to a report released by the World Bank (WB) on October 20.

The energy transition brings many opportunities for industries, but it also poses great challenges, particular in fossil fuel extraction and processing, according to industry insiders.

Promoting cooperation with Malaysia in the halal food industry is one of the priority cooperation areas between the two countries, Vietnamese Ambassador to Malaysia Tran Viet Thai has said.

The energy transition brings many opportunities for industries, but it also poses great challenges, particular in fossil fuel extraction and processing, according to industry insiders.

Some 300 local and international exhibitors are introducing a wide range of products at the HCM City International Exhibition of Food and Beverages both onsite and online until October 22.

The confidence of European enterprises in Vietnam’s investment and business environment slipped further to 62.2 percentage points in the wake of a worsening global economic downturn but still remains strong, according to the recent Business Climate Index (BCI) survey published by the European Chamber of Commerce (EuroCham) in Vietnam.

CPV Food Co., Ltd., a subsidiary of the CP Vietnam Corporation, plans to ship the first lot of processed chicken to Japan within October after managing to meet all food safety and quarantine requirements in the market.