The National Agricultural Cooperative Federation of the Republic of Korea (Nonghyup) announced on April 5 that it has opened an office in Vietnam to expand its exports to Southeast Asian countries, including Vietnam, and seek new projects as well as pave the way for its kimchi exports to Vietnam.

Vietnam’s 70 sweet potato cultivation areas and 13 packaging facilities have been licenced to export to China, reported the Ministry of Agriculture and Rural Development (MARD)’s Plant Protection Department.

More than 1,300 businesses from 21 countries and territories are participating in the Vietnam Textile & Garment Industry Expo (Saigontex) 2023, the leading exhibition of the industry in Southeast Asia, which opened in Ho Chi Minh City on April 5.

A workshop held in Ho Chi Minh City on April 5 provided Vietnamese businesses with updates about consumption trends and export standards in Thailand so as to help capitalise on the biggest trading partner of Vietnam in ASEAN.

The 32nd Vietnam International Exhibition (Vietnam Expo) opened in Hanoi on April 5, bringing together more than 500 domestic and foreign enterprises from 16 countries and territories, with 600 booths.

Hanoi has focused on pushing investors and contractors to increase resources and speed up the progress of major projects and works in the city in the first months of this year.

Hanoi posted a total aquaculture output of over 25,000 tonnes in the first quarter of this year, a year-on-year increase of 2.1% despite the aquaculture growing areas remaining at 24,000 ha.

The paper industry needs to switch from production of normal packaging since supply exceeds demand and invest in other items such as high-quality packaging paper, which is still mostly imported, according to the Vietnam Paper and Pulp Association.

The Vietnam Trade Office in Australia has helped Vietnamese enterprises to sign a contract to export ten containers of ST25 rice to Vanuatu.

Non-cash payment transactions witnessed a significant surge in the first two months of this year, indicating a notable shift in customers’ behaviour towards modern financial services.

The Vietnam Trade Promotion Agency under the Ministry of Industry and Trade will cooperate with agencies, organisations, and businesses to support Vietnamese exporters in e-commerce.

The State Bank of Vietnam set the daily reference exchange rate at 23,602 VND/USD on April 5, unchanged from the previous day.

The Vietnam Prosperity Joint-Stock Commercial Bank (VPBank) has officially signed a strategic collaboration agreement with Amazon Web Services (AWS) in enhancing digital banking experiences for its customers.

Credit ratings agency Fitch Ratings has affirmed Vietnam Electricity Northern Power Corporation's (EVNNPC) long-term foreign-currency issuer default rating at 'BB' with a positive outlook.

The real estate sector ranks second in foreign direct investment (FDI) attraction in the first quarter of 2023 with 766 million USD, accounting for 14.1% of total FDI.

After a strong performance in 2022, Vietnam’s economic growth is expected to moderate at 6.5% this year and further expand at 6.8% in 2024, according to Asian Development Outlook (ADO) released by the Asian Development Bank (ADB) on April 4.

Developers of social housing projects buyers of this kind of houses are entitled to benefit from a credit package worth 120 trillion VND (5.1 billion USD) which was started by the State Bank of Vietnam (SBV) earlier this month.

The northern coastal province of Quang Ninh has strengthened measures to attract quality foreign direct investment (FDI) inflows, especially from big names in the processing-manufacturing industry.

Small- and medium-sized enterprises (SMEs) in supporting industries can benefit from multinational groups’ China plus-one strategies that include Vietnam, wrote Filippo Bortoletti, Country Director of the Dezan Shira & Associates Vietnam.

The successful experience of the "New Village Movement" in the Republic of Korea (RoK) is being applied in some Vietnamese localities through the Haeng Bok (Happy) Programme funded by the Korea International Cooperation Agency (KOICA), Deputy Prime Minister Le Minh Khai has said.