Retail petrol prices were up by nearly 500 VND per litre from 3pm on June 21 following the latest adjustment by the Ministry of Industry and Trade and the Ministry of Finance.

Despite difficulties in the first five months of this year, the Vietnam Oil and Gas Group (PetroVietnam) managed to increase its production, contributing to ensuring national energy security.

Management Board of the Industrial Parks of Hưng Yên Province has granted investment registration certificates for seven projects with domestic investment capital and one project with foreign investment capital, with a total registered investment capital of US$40.6 million, since the beginning of this year.

An investment licence has been granted to the US’ Vector Fabrication Inc for a Micro-Electro-Mechanical Systems (MEMS) and printed circuit board (PCB) factory with an investment of US$60 million in the central city’s high-tech park after a one-year survey of locations in central Việt Nam.

Vietnam’s tuna industry has bounced back strongly post-pandemic as export soared 72 percent year-on-year to 259 million USD in the first quarter of 2022, the highest in five years, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

A conference will be co-held on June 23 by the Ministry of Industry and Trade (MoIT), the British Embassy in Việt Nam and the British Chamber of Commerce Vietnam (BritCham) to support Vietnamese enterprises to join the supply chain of British enterprises.

Prime Minister Pham Minh Chinh visited and had a working session with leaders of the Power Generation Corporation 2 – JSC under the Vietnam Electricity (EVN) on June 20 as part of his working visit to the Mekong Delta city of Can Tho.

Travel companies in Vietnam have made plans to meet the rising demand for visitors as the summer holiday peaks.

Vietnam's industrial parks and economic and export processing zones need to overcome weaknesses to attract further high-quality foreign direct investment, experts have said.

The stable global seafood demand will provide growth momentum for Vietnamese seafood processing and exporting enterprises, said experts.

Việt Nam's real estate is an increasingly attractive sector for South Korean investors, according to Savills Vietnam. 

Vietnamese products face numerous trade defence instruments in the future despite a large number of free trade agreements (FTAs) the country has signed, according to trade experts and policymakers.

The Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade will host a consultation workshop in the southern province of Tây Ninh on June 21 for exporters interested in the markets of Laos and Thailand.

The Ministry of Industry and Trade (MoIT) will promote a scheme for official exports of agricultural products via an e-commerce channel, according to the ministry's official.

To date, Việt Nam has established 335 industrial parks (IPs) on a total area of 97,840ha, of which 260 are already operational with an occupancy rate of over 76 per cent

Việt Nam had large room to promote the dairy industry with the application of technology in farming and processing to establish value chain, given the rising demand for dairy products in the domestic and global markets, according to the Việt Nam Ruminant Husbandry Association.

Developing eco-industrial parks towards net zero emissions was the focus of discussions during a recent seminar held in Hai Phong city’s Nam Cau Kien industrial zone by the Mekong ASEAN Magazine under the Vietnam-ASEAN Association for Economic Cooperation Development.

Vietnam’s tra fish (pangasius) export revenue expands about 90 percent in the first six months of this year compared to the same period last year, signaling a new development period for the sector.

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,087 VND/USD on June 21, down 5 VND from the previous day.

Vietnam’s CT Group officially opened its representative office in Tel Aviv, Israel on June 19 in an effort to boost cooperation with the innovation and hi-tech market of the host.